Acquisitions

Cloud Computing: Microsoft Drops Bid For Salesforce Following $70 Billion Request

Grazed from FranchiseNews.  Author: Michael Smith.

Microsoft officials have dropped their bid for ownership over global cloud computing company Salesforce following Chief Executive Officer Marc Benioff's price tag request of $70 billion.

Salesforce officials were offered a $55 billion package by their counterparts, but declined the offer. The San Francisco-based company is still under negotiations for a future buyout...

Exclusive: Microsoft has no plans to pursue Salesforce - sources

Grazed from Reuters. Author: Editorial Staff.

Microsoft Corp currently is not weighing an offer for Salesforce.com Inc (CRM.N), two people familiar with the matter said on Thursday, dampening speculation that Microsoft could be drawn into bidding for the cloud software company. Bloomberg News, citing people with knowledge of the matter, reported earlier this week that Microsoft was evaluating a bid for Salesforce after the latter was approached by another unnamed would-be buyer.

Microsoft considers Salesforce's current market valuation expensive, one of the people said. It is possible that Microsoft could review a bid for Salesforce in the long term, the other person said. The sources asked not to be identified because the deliberations are confidential. Microsoft and Salesforce both declined to comment...

Cloud Computing: What's really behind Salesforce acquisition rumors

Grazed from NetworkWorld. Author: Brandon Butler.

Since a report surfaced in Bloomberg more than a week ago, it’s been the talk of the tech market: Will Salesforce.com be bought out? Perhaps a more intriguing question though is: Should Salesforce sell out? A sale of the $46 billion market-cap company would be one of the largest tech acquisitions in history and could dramatically help a potential acquirer gain a significant foothold in the fast-growing SaaS cloud computing market.

As the company has grown, it’s stuck with its message that business should ditch licensed software they run themselves. That’s an unrealistic proposition for most companies though, a new report by technology researchers finds. That fundamental disconnect between Salesforce’s business model and how enterprises are using the company’s products is one of the biggest reasons Salesforce.com may be sold...

Cloud Computing: Here's why Microsoft could buy Salesforce

Grazed from CNBC. Author: Ari Levy.

Microsoft Chief Executive Officer Satya Nadella has made some bold moves since taking over the world's largest software company last year. But nothing like a $50 billion-plus acquisition. At least one analyst sees it as a real possibility. Bloomberg reported on Wednesday, citing people with knowledge of the matter, that Salesforce.com hired financial advisors upon being approached by potential buyers.

While much of the speculation immediately turned to rival Oracle, Alex Zukin of investment bank Stephens says Microsoft makes the most sense. Nadella has made cloud computing his No. 1 priority as CEO, and even projected at a company conference this week that Microsoft could reach $20 billion in cloud revenue by 2018, up from a current annualized rate of $6.3 billion...

Cloud Computing: Salesforce reportedly fielding takeover offers

Grazed from SeattleTimes.  Author: Alex Sherman and Cory Johnson.

Salesforce.com is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, people with knowledge of the matter said.

There is no certainty any deal will transpire, the people said, asking not to be named because the information is private. The people didn’t identify potential acquirers. Bankers may help rebuff any suitor or work out an eventual sale, one of the people said.  Salesforce stock jumped 11.6 percent in New York trading Wednesday, giving it a market value of about $49 billion...

Cloud Computing: Salesforce hits all-time high amid takeover reports

Grazed from CNBC. Author: Reem Nasr.

Shares of Salesforce.com jumped on Wednesday amid a Bloomberg report that it is working with financial advisors to help with a potential takeover offer. The report didn't name any particular suitors, though it noted that a takeover of Salesforce would be the largest software acquisition ever, according to Bloomberg data.

The cloud-computing market has grown increasingly competitive, as behemoths such as Google, IBM, Microsoft and start-ups jostle for business. Shares were trading at all-time high levels since the company went public in 2004...

Read more from the source @ http://www.cnbc.com/id/102631435

Engine Yard Acquires Deis Leader OpDemand

Grazed from Engine Yard.

Transaction Enables Engine Yard to Give Customers World-class Support for Docker Containers and Greater Orchestration Across Public and Private Clouds


Engine Yard, the leading cloud orchestration platform, today announced that it has acquired OpDemand, the developer of Deis, the first open source application platform purpose-built for Docker. With the addition of OpDemand, Engine Yard can offer customers more flexibility in application languages. The company will be able to provide full stack support for both Docker containers in public and private clouds, as well as traditional applications running on Amazon Web Services (AWS).

Cloud Computing: Explorys Inc. is acquired by IBM, which is beefing up its health-focused data analytics efforts

Grazed from Cleveland Business.   Author: Timothy Magaw.

IBM announced late Monday, April 13, it had acquired Explorys Inc., a Cleveland Clinic spinoff that helps hospitals analyze patient data.  Financial terms of the deal were not disclosed. In a news release, IBM, the Armonk, N.Y.-based computer powerhouse, shared little of its plans for the newly acquired company other than to say than it is now part of the company’s newly launched Watson Health unit. The Watson technology, with which the Clinic has experimented in recent years, is perhaps best known for handily defeating some of the best Jeopardy! contestants of all time.

IBM also announced its Watson division will work with tech heavyweights Apple, Johnson & Johnson and Medtronic. In addition to the Explorys acquisition, IBM also announced it had purchased and Phytel, a cloud-based computer services company based out of Dallas...

Cloud Computing: Mobile Authentication Startup Toopher Acquired By Salesforce

Grazed from TechCrunch. Author: Catherine Shu.

Cloud computing giant Salesforce has acquired Toopher, an Austin, Texas based security software startup. The news was announced on Toopher’s site and confirmed to TechCrunch by Salesforce. Terms of the deal were undisclosed. According to Toopher’s post, the company has stopped selling its products as its team prepares to join Salesforce.

“We are thrilled to join Salesforce, where we’ll work on delivering the Toopher vision on a much larger scale as part of the world’s #1 Cloud Platform. We can’t imagine a better team, technology and set of values with which to align,” wrote founders Josh Alexander and Evan Grim...

Read more from the source @ http://techcrunch.com/2015/04/01/toopher-salesforce/

Cloud Computing: Amazon buys 2lemetry in a possible move toward Internet of Things

Grazed from FierceWireless.  Author: Mike Dano.

Amazon acquired a startup called 2lemetry that offers technology for sending, receiving and analyzing data from Internet-connected devices and machines. Terms of the deal, first reported by TechCrunch and confirmed by Amazon, were not disclosed.

It's unclear exactly what Amazon will do with the startup, which was founded in 2011 and is based in Denver. Amazon said only that it would continue to support 2lemetry's customers, which include Honeywell, the Demeter energy group, and First Mile, which recycles office equipment...