Fusion Acquires RootAxcess to Expand Cloud Computing Segment

Grazed from TheWhir. Author: Nicole Henderson.

Cloud services provider Fusion has acquired the assets of Chicago-based RootAxcess, a provider of IaaS, cloud storage, backup and recovery, and other cloud solutions as part of its near-term objective of growth through acquisitions. RootAxcess is expected to be fully integrated into Fusion by the end of Q1 2016.

According to the Monday announcement, the acquisition will help accelerate Fusion’s expansion in the cloud computing segment of its business, and strengthen its presence in the IaaS market specifically. A recent report by Synergy Research Group found that public cloud now generates more than $20 billion in quarterly revenue for IT companies...

Accenture Acquires Cloud Sherpas To Enhance Cloud Consulting Chops, Especially Around

Grazed from TechCrunch. Author: Ron Miller.

Accenture, the worldwide consulting company, announced today it was buying Cloud Sherpas, a firm that specializes in helping companies incorporate cloud services like, Google and ServiceNow into the enterprise. Accenture did not disclose the purchase price.

It’s not a coincidence that this announcement came as Dreamforce, the enormous customer conference, is taking place in San Francisco this week. The acquisition actually has a lot do with Salesforce consulting services.Accenture already has a team of more than 2700 consultants devoted to helping with Salesforce integration. They will be adding 500 additional Salesforce experts with the Cloud Sherpas deal...

Microsoft acquires Adallom to advance identity and security in the cloud

Grazed from Microsoft. Author: Editorial Staff.

I’m pleased to announce today that Microsoft has acquired Adallom, an innovator in cloud security and a leader in helping customers protect their critical assets across cloud applications. This acquisition is the latest example of Microsoft’s commitment to delivering innovative identity and security capabilities to our customers, across both on-premises and multiple clouds.

With more frequent and advanced cybersecurity attacks continuing to make headlines, customer concerns around security remain top of mind. These concerns pose real challenges for IT, who are charged with protecting company data in this rapidly evolving mobile-first, cloud-first world. In this world, identity is a critical control plane for managing and protecting access to applications and data...

Cloud Computing: AWS buys Elemental video software company for $500m

Grazed from CBROnline.  Author: Editorial Staff.

Amazon Web Services has agreed to acquire Elemental Technologies as it looks to boost its cloud-computing services. Oregon-based Elemental Technologies, founded in 2006, has developed a technology which uses software-based video processing to distribute video over IP networks.

The firm translates the code of original digital video content for over 700 customers across the media industry, which includes ESPN, HBO, British Broadcasting and Comcast, for web distribution.  Its technology can offer flexibility, scalability and performance required to deliver high quality video via turnkey, cloud-based and virtualised deployment models...

Oracle Grabs Maximyser in Cloud Marketing Play

Grazed from TopTechNews. Author: Jennifer LeClaire.

Tech giant Oracle is working to maximize its Marketing Cloud -- and its latest acquisition proves it. The company has just reached a deal to buy Maxymiser, a firm that provides cloud-based software to help marketers test, target and personalize what a customer sees on a Web page or mobile app, for an undisclosed sum.

Oracle was attracted to Maxymiser’s technology because it promises to significantly increase engagement and revenue for its clients. Maxymiser optimizes over 20 billion customer experiences every month for some pretty well-known brands, including Allianz, HSBC, Lufthansa, Tommy Hilfiger and Wyndham...

Another Cloud Purchase Could Bolster Microsoft Corporation

Grazed from Fool. Author: Leo Sun.

Microsoft reportedly has agreed to acquire Israeli cloud security company Adallom, which was founded three years ago, for about $320 million. Adallom develops a technology that protects an application or data as it sits on a remote server. Remote access is handled by Adallom's command and control mechanism, which logs and reports any suspicious activity.

This layer compartmentalizes and protects cloud-based data for enterprise customers. The start-up has raised $49.5 million to date, including a $30 million investment from Hewlett-Packard. The acquisition of Adallom would complement Microsoft's other recent purchases in the cloud, enterprise, and security markets. Last November, it acquired another Israeli firm, Aorato, which specializes in enterprise security and machine learning. It also acquired analytics firms Equivio, Revolution Analytics, and Datazen Software to beef up its big data capabilities...

IBM snaps up Compose to extend its cloudy database options

Grazed from Fortune. Author: Barb Darrow.

IBM continues to build out its database portfolio with the acquisition of Compose, which offers several open-source-oriented database options. Compose, which raised about $6.4 million dollars since its founding in 2011, is privately held; terms of the IBM purchase were not disclosed.

What Compose, in Mountain View, Calif., brings to the table is a way to attract a new flock of web and mobile developers that are not part of the IBM enterprise rubric and let them try out lightweight database services based on MongoDB, Redis, Elasticsearch, PostgreSQL, RethinkDB and other databases...

Cisco Plans to Buy Cloud Platform MaintenanceNet

Grazed from WSJ. Author: Lisa Beilfuss.

Cisco Systems Inc. on Tuesday announced a deal to buy privately held MaintenanceNet for $139 million, the latest acquisition for the network giant. Carlsbad, Calif.-based MaintenanceNet, which was founded in 2004, operates a cloud-based platform that uses data analytics to help automate sales processes.

The companies have partnered since 2009, whereby MaintenanceNet’s software alerts Cisco clients to service contracts that are coming up for renewal or overdue and enables automated quoting and online ordering. In a blog post, Cisco said MaintenanceNet will join its global customer success organization and called the ability to easily track and manage contracts “critical” as more information technology business models shift to a recurring revenue model for products and services...

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Cisco To Buy OpenDNS Cloud Security Firm for $635M

Grazed from TopTechNews. Author: Shirley Siluk.

With security threats growing across a wider range of devices, Cisco is aiming to boost its emphasis on "security everywhere" through its acquisition of the San Francisco-based firm OpenDNS. Valued at $635 million, the deal is expected to close in the first quarter of the 2016 fiscal year.

Founded in 2006, OpenDNS launched its line of cloud-based Umbrella security products in 2012. Combined with the company's predictive threat intelligence platform, Security Graph, those products are aimed at providing "anywhere, anytime" security for the growing Internet of Things...

Microsoft Partner Bolsters Cloud With Acquisition

Grazed from PYMNTS. Author: Editorial Staff.

Microsoft has been on a quest to bolster its enterprise solutions, with CEO Satya Nadella declaring the dawn of SaaS – a sign that Microsoft is now turning to the cloud to provide companies with the technology they need to better manage money and operations. The technology giant’s partners appear to be responding to Nadella’s declaration.

Reports published late last week said Microsoft cloud computing partner Champion Solutions, which works closely with Microsoft for small business cloud services, is looking to strengthen its SaaS offerings through a strategic acquisition. Reports said Champion Solutions will acquire cloud and mobile technology service provider allAware, a deal that will boost Champion Solutions’ existing Microsoft Business Unit, MessageOps...