|
NetApp Renews Deal
NetApp and Data Domain have entered into a revised acquisition agreement under
which NetApp would acquire all of the outstanding shares of Data Domain common
stock for $30 per share in cash and stock. The transaction is valued at
approximately $1.9 bn net of Data Domains cash.
HCL Eyes Acquisitions
A recent Bloomberg report says that Indias leading software services
company, HCL Technologies has plans to take advantage of the recession by making
acquisitions. HCL CEO Vineet Nayar said, In the downturn, you should press the
accelerator. Nayar also observed that no organization can grow and create value
for its customers without a highly motivated workforce that can be aligned to
the strategic plan.
Informatica Takes over AddressDoctor
Informatica, a provider in data integration software and services, has acquired
AddressDoctor. It offers technology to perform global address validation for
more than 200 countries and territories. AddressDoctor is a pioneer and leader
in global address validation technology. These capabilities include support for
multiple levels of addressing such as street level, delivery point validation,
and geocoding.
Micro Focus Laps up Compuware ASQ Biz
Micro Focus International, a provider in enterprise application software,
has completed the acquisition of application testing / automated software
quality business of Compuware. Micro Focus said that the products within the
Compuware testing and ASQ business are complementary to Micro Focus core
application management and modernization solutions.
Intel Acquires Wind River
Intel has agreed to buy Wind River Systems for $11.50 per share in cash, or
$884 mn in the aggregate. Wind River offers embedded Linux operating system and
is a leader in software design tools for devices such as smartphones. Wind River
will become part of Intels strategy to grow its processor and software presence
outside the traditional PC and server market segments into embedded systems and
mobile handheld devices.
Avaya Takes Agile Software
Avaya has acquired Agile Software NZ, the developer of the Avaya Contact Center
Express solution. With this, Avaya gains full ownership of Avaya Contact Center
Express, which will help enable the company and its partners to accelerate their
growth in the mid-market space.
Page(s) 1
|