Acquisitions

Oracle to Buy Utilities-Software Maker Opower for $532 Million

Grazed from WSJ. Author: Joshua Jamerson.

Oracle Corp. said it agreed to acquire utilities cloud-services provider Opower Inc., expanding the database giant’s portfolio of cloud software for the utilities industry. Oracle will pay $10.30 a share in cash, a roughly 30% premium over Friday’s closing price. The deal is valued at about $532 million, net of Opower’s cash.

Opower’s stock rose 31% to $10.31 in premarket trading as Oracle remained unchanged from Friday’s closing price of $39.86. Rodger Smith, general manager of Oracle’s utilities global business unit, said the tie-up would make Oracle the largest provider of cloud services to utilities...

AppDirect Acquires Xendo to Power the Future of Cloud Management

Grazed from AppDirect

AppDirect, the leader in cloud service commerce, today announced its acquisition of Xendo, the leading provider of hosted enterprise search. Xendo, which launched at TechCrunch Disrupt in 2014, offers cloud-based unified search across 30 different cloud and on-premise apps to allow business users to easily find content across the various cloud services they use every day. The service can be set up in minutes and integrates with organizations’ IT security infrastructure. Xendo’s customers include Netflix, Looker and Alphabet-owned Intersection.

With cloud adoption at all time highs, and with the average employee actively using 30 cloud applications per month, IT departments are aggressively attempting to address not only “shadow IT,” but also usability and interoperability to increase efficiency and collaboration across their organizations. While technologies like single sign-on allow workers to securely access multiple online services, cloud-based information still remains siloed, often leaving employees searching for documents, spreadsheets and other files within individual apps. Xendo’s turnkey enterprise search service allows users to spend less time looking for their cloud content and get more done.

IBM acquires Optevia for public sector CRM SaaS play

Grazed from CloudTech. Author: James Bourne.

IBM has announced the acquisition of Microsoft software as a service (SaaS) specialist Optevia, ramping up its offering for CRM SaaS in the public sector. Optevia’s specialism in Microsoft Dynamics CRM firms makes an interesting avenue for IBM, given how dominant Microsoft is in the public sector. Among Optevia’s more recent customers include Wealden District Council, who announced in October “significantly improved customer services” using Dynamics CRM.

The company announced record financial results in May, and among its current client base are ministries, councils, regulators, transport authorities, and social housing organisations. “By acquiring Optevia, IBM will be able to provide public sector clients and prospects with a range of unique, industry focused CRM based solutions,” said Joanna Davinson, IBM Europe public sector leader in a statement. “This strategic acquisition will help strengthen IBM as a SaaS provider and global software integrator.”...

Read more from the source @ http://www.cloudcomputing-news.net/news/2016/mar/18/ibm-acquires-optevia-public-sector-crm-saas-play/

Cisco Acquires Hybrid-Cloud App Management Specialist CliQr

Grazed from Datamation. Author: Pedro Hernandez.

Cisco is bulking up its hybrid cloud technology portfolio. The networking giant kicked off the month today by announcing that it is acquiring CliQr Technologies, a San Jose, Calif.-based provider of application-centric hybrid cloud management software in a deal worth $260 million. "Customers today have to manage a massive number of complex and different applications across many clouds.

With CliQr, Cisco will be able to help our customers realize the promise of the cloud and easily manage the lifecycle of their applications on any hybrid cloud environment," said Rob Salvagno, vice president of Cisco Corporate Development in a March 1 announcement. CliQr co-founders Gaurav Manglik and Tenry Fu, both formerly of VMware, founded the company "to provide a uniquely easy and powerful way to make cloud computing simple and application-centric – a platform to model, deploy and manage the entire lifecycle of applications onto any data center or private or public cloud environment," wrote Manglik in a blog post today...

Cloud Computing: IBM buys Truven Health for $2.6 billion

Grazed from USAToday. Author: Mike Snider.

IBM is raising its medical profile with the $2.6 billion acquisition of health care data firm Truven Health Analytics. The deal, the tech giant's largest under CEO Ginni Rometty, brings Truven's health care data cache to IBM's Watson Health unit and its cloud computing medical data platform. The Ann Arbor, Mich.-based Truven has its own cloud-based data system encompassing more than 8,500 health care systems, hospitals, employers and government agencies.

This makes IBM's fourth major health data acquisition in less than 12 months, totaling more than $4 billion, the company said. It acquired cloud-based health care intelligence firm Explorys in April 2015, health management software firm Phytel a month later, and medical imaging provider Merge Healthcare in October 2015. IBM (IBM) shares were up nearly 6% to $133.55 Thursday...

Accelerite to Acquire Citrix’s Cloud Orchestration Platform CloudPlatform

 Grazed from TheWhir.  Author: David Hamilton.

Citrix’s CloudStack-based cloud orchestration platform, CloudPlatform, as well as its unified cloud services delivery and business management platform CloudPortal Business Manager have been acquired by Accelerite.  According a Monday announcement from Citrix, the acquisition will let Citrix focus its “core priorities around the secure delivery of apps and data.”
 
Customers using CloudPlatform and CloudPortal Business Manager product lines commercially will be managed by Accelerite.  CloudPortal Business Manager provides cloud service automation for provisioning, billing, metering and user management...

Oracle to Spur Public Cloud Growth by Acquiring StackEngine

 Grazed from MarketRealist.  Author: Parkter Thomas.

Oracle is spurring its growth in cloud computing by acquiring StackEngine, a Texas-based startup that develops management and automation tools for Docker containers. As a part of its strategic acquisition, StackEngine will be integrated with Oracle’s “public cloud” unit.
 
The acquisition will allow Oracle to offer a variety of cloud services to its customers by leveraging containers, which brings agility to the software development process and offers new ways to quickly roll out software to the clients on large networks. By leveraging containers, Oracle can lure its existing customer base that makes use of Oracles’ own server...

Cloud Computing: SalesForce Buys SteelBrick for $360M

Grazed from CloudWedge.  Author: Erick Wingfield.

SteelBrick has rapidly gained recognition inside of the SalesForce ecosystem by providing small businesses the ability to “Configure, Price & Quote” their customers.  SteelBrick gives small businesses a rapid method of collecting payments from their customers. SteelBrick automates much of this process, giving it’s users a leg up on the competition. So why is SteelBrick worth $360M when so many other cloud based vendors exist that do essentially the same thing?
 
SteelBrick is much more than a simple invoicing app. Pricing and quotes can become a science with specific industries. Within some small businesses, pricing isn’t as a simple as coming up with a number and applying your margin. For this reason alone, invoicing apps are glossed over...

Canadian Web Hosting Acquires eSecureData, Further Expanding Datacenter Business in Canada

Grazed from PRNewsWire. Author: PR Announcement.

Canadian Web Hosting, Canada's leading web hosting and infrastructure company, announced today that it has acquired datacenter and dedicated server provider eSecureData. eSecureData is based in Vancouver, BC and targets Canadian businesses and IT professionals who are looking for premium datacenter colocation facilities, Canadian dedicated servers, and Canadian Cloud Hosting.

eSecureData is a long standing Canadian Infrastructure as a Service provider that has been delivering managed hosting, dedicated servers, colocation and domains to thousands of customers across Canada since 2007. The company is based in Coquitlam, BC and will be merging with Canadian's Web Hosting's industry-best staff and expanding its already impressive datacenter operations...

Fusion Acquires Cloud Services Provider Fidelity

Grazed from Fusion and Fidelity Voice and Data Announcement.

Fusion, a leading provider of cloud services, announced today that it has acquired Fidelity Voice and Data ("Fidelity"). Beachwood, Ohio-based Fidelity provides cloud voice, cloud connectivity, security, data center and cloud storage services to approximately 2,000 small, medium, and large business customers in the Midwest and throughout the U.S. Fusion expects to complete the integration of Fidelity by the end of the second quarter of 2016.

Total consideration in the transaction, which closed on December 8, 2015, was $30.0 million consisting of $28.5 million in cash and $1.5 million in Fusion common stock. The cash portion of the consideration was funded via Fusion's existing bank credit facility and its cash balances. The transaction is immediately accretive to Fusion, with substantial opportunity for cost savings through elimination of redundancies.

Fidelity Acquisition Highlights