Archivo de la categoría: M&A

Microsoft unveils cloud security plans for Adallom amid rising cloud unrest

Cloud securityMicrosoft has announced its plans for Israeli founded cloud security firm Adallom, the cloud security firm it bought for a reported $250 million.

Detail of the plans for its new acquisition was unveiled in a Microsoft blog by corporate VP for cloud and enterprise marketing Takeshi Numoto. Though reports of the acquisition emerged in July details of Microsoft’s cloud security strategy have only just been unveiled.

The frequency of advanced cybersecurity attacks has made security ‘top of mind’ among cloud users, according to Numoto. The acquisition of Adallom will expand Microsoft’s existing identity assets by acting as a cloud access security broker, allowing customer to see and control application access, Numoto explained. It will also protect critical company data stored across cloud services. Adallom helps secure and manage popular cloud applications including Salesforce, Box, Dropbox, ServiceNow, Ariba and Microsoft’s own Office 365.

Adallom will complement existing Microsoft offerings as part of Office 365 (serving in a monitoring capacity) and the Enterprise Mobility Suite (EMS), which includes Microsoft’s Advanced Threat Analytics system. Microsoft had previously bought another cloud-security vendor, Aorato, with Israeli Defence Force ties, in 2014. Aorato was rebranded as Advanced Threat Analytics.

Adallom’s technology monitors the use of software-as-a-service applications and was created by founders 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik who met while serving in intelligence for the Israel Defense Forces.

The unveiling of Microsoft’s cloud defence plans coincides with an independent report, by Osterman Research, that 76 per cent of UK firms are concerned about the lack of security in the cloud, with consumer-grade cloud storage of corporate documents being named as the chief cause of unease.

The report found that employees preferred consumer-focused file sync and share (CFSS) solutions to enterprise-grade file sync and share (EFSS) solutions in the workplace, and often failed to consider the security risk posed by CFSS solutions.

Services that will be monitored by Microsoft’s new cloud security acquisition, such as Dropbox, which allow consumers to instantly sync files across all devices, but do not provide the same protection of information as EFSS, were identified in Osterman Research’s report as a particular cause for concern.

“Use of CFSS over EFSS significantly increases corporate risk and liability,” the Osterman Research report warned.

“We are thrilled to welcome the Adallom team into the Microsoft family,” said Numoto in his Microsoft blog, “cybercrime will persist in this mobile-first, cloud-first era, but at Microsoft we remain committed to helping our customers protect their data.”

Interoute buys Easynet for £402 million

interoute logoNetwork and cloud service operator Interoute has entered an agreement to buy European managed services provider Easynet in a deal valued at £402 million.

Easynet manages services for clients including Sports Direct, EDF, Bouygues, Anglian Water, Bridgestone, Levi Strauss and Campofrio Food Group. It has a twenty year pedigree of running integrated networks, hosting and unified communications solutions to national and global clients. Its data center and cloud computing services include colocation, security, voice and application performance management. It has been appointed by the UK government’s Procurement Service to assist the UK Government in creating a ‘network of networks’ with an emphasis on machine to machine (M2M) development.

Interoute’s technology estate includes 12 data centres, 14 virtual data centres and 31 colocation centres along with connection to 195 additional third-party data centres across Europe. It owns and operates 24 connected city networks within Europe’s major business centres.

According to Interoute, the acquisition means that enterprise, government and service provider customers of the two companies will get a fuller suite of products, services and skillsets.

“These are exciting times for Interoute customers,” said Interoute CEO Gareth Williams, “Interoute is creating a leading, independent European ICT provider. This is the next step in our acquisition strategy and moves us much closer to our goal of being the provider of choice to Europe’s digital economy.”

Easynet CEO Mark Thompson reassured customers that the combination of the two service providers will bring better service to clients of both. “The combined companies can offer broader and deeper connectivity options, as well as an expanded portfolio of products and services,” said Thompson. “The acquisition will expand an already market-leading cloud hosting capability in Europe.”

Williams had previously told analysts that Interoute needed to grow before going public. The takeover will double revenue in the division that sells telecoms services to large companies and government departments.

British telco Easynet became one of the champions of broadband competition in Britain after it was acquired in 2006 by Sky for £211 million. In 2010, Easynet announced its sale from BSkyB (Sky) to Lloyds Development Capital (LDC), the private equity arm of Lloyds Banking Group.

In December 2013 the company was acquired by MDNX Group, the UK’s largest independent carrier integrator.

Interoute was recently recognised by market analyst Gartner as a leader in its 2015 Magic Quadrant for Cloud-Enabled Managed Hosting, Europe report.

Microsoft buys VoloMetrix to include people analytics in its cloud offering

MicrosoftMicrosoft has bought Seattle-based people analytics software maker VoloMetrix. The new addition will become part of an organisational analytics offering to Microsoft’s cloud service customers.

VoloMetrix uses information about employee email and calendar use to assess their individual and collective productivity. The system can also pull in data from Salesforce and other sources. By identifying employees that have too many meetings or who create excessive email traffic it can help companies manage their time resources more effectively.

According to Microsoft corporate vice president Rajesh Jha the newly acquired technology will be a strand in Microsoft’s new organisational analytics service Delve which will be unveiled for previews in October. Eventually, the service will become part of Microsoft’s cloud service Office 365.

The terms of the acquisition have not been disclosed. VoloMetrix co-founder and CEO Ryan Fuller blogged that joining Microsoft means the company can grow far more quickly. “Microsoft has a huge vision to reinvent productivity and a set of assets in Office 365 that are fundamental to how work gets done,” Fuller said.

VoluMetrix had previously raised $17 million in funding, including a $12 million cash injection in September 2014. Its enterprise clients include Boeing, Facebook, Genentech, Qualcomm, Seagate and Symantec.

Quantifying employee productivity is a new growth area with two start ups, Culture Amp and VoloMetrix, leading the field. These systems collate data about employees’ electronic calendar and email behaviour and use that data to assess people’s impact at work.

The systems can expose those who spend all their time “managing up” to senior executives or promoting themselves in status meetings, rather than working, according to Volometric founder Fuller. “You can quickly see the load senior executives are imposing, as well as the social graph of who else is affected,” said Fuller.

Cloud based people analytics will be used to understand the external and internal relationships and drive corporate decision-making, Fuller said: “Once a company understands the behaviours that correlate to success, they can measure them.”

In anticipation of opposition over privacy issues, VoloMetrix recently hired former Microsoft privacy strategist, Peter Cullen, to advise it. Reports are currently anonymous and private but individuals can see their own statistics.

Australian rival Culture Amp, used by enterprises like Airbnb, Box, Etsy, GoDaddy and Jawbone,

received $6.3 million in Series A funding from Felicis Ventures, Index Ventures and Blackbird Ventures in March 2015.

Oracle boost marketing cloud biz with Maxymiser acquisition

Oracle is buying Maxymiser to boost its marketing capabilities

Oracle is buying Maxymiser to boost its marketing capabilities

Oracle has acquired Maxymiser, a provider of cloud-based marketing tools, for an undisclosed sum. The company said the acquisition will bolster its marketing cloud portfolio.

Founded in 2006, Maxymiser has over 400 employees and offers a range of cloud-based marketing tools that help its users improve customer experience and user retention through omnichannel analysis and marketing automation. Some of its higher profile customers include EasyJet, HSBC and French clothing retailer Lacoste.

Its offerings will be integrated into the Orcale Marketing Cloud, which is itself made up of a range of tools formerly acquired by the firm (Eloqua and Responsys for instance), following the acquisition.

“Companies are increasingly seeking innovative ways to differentiate their brands while increasing both ROI and loyalty based on optimized customer experiences,” said Thomas Kurian, president, product development, Oracle. “Together with Maxymiser, Oracle Marketing Cloud enables enterprises to stop guessing and start delivering what customers want across all digital channels and devices.”

Tim Brown, chief executive officer, Maxymiser said: “Our mission is to empower enterprises to use data science to systematically test, discover, and predict what customers want and deliver uniquely tailored experiences. We are excited to join Oracle and bring these capabilities to help extend Oracle Marketing Cloud.”

Over the years many large incumbents like Oracle and SAP as well as newer upstarts like Salesforce have moved quickly to strengthen their position in marketing automation through acquisition. In April this year NetSuite acquired Bronto Software, a provider of cloud-based marketing automation software for omnichannel commerce, in a deal worth about $200m.

Seagate buys Dot Hill to bolster cloud cred

Seagate hasn't made too many cloud-focused acquisitions

Seagate hasn’t made too many cloud-focused acquisitions

Seagate announced plans to acquire storage software and hardware vendor Dot Hill Systems for $694m, which the company said would help bolster its cloud portfolio of products.

Dot Hill specialises in SAN technology and offers a range of storage array-based systems integrated with its storage and data management software, which are tailored primarily to the needs of cloud and virtualised workloads.

“Dot Hill’s innovative storage systems and IP portfolio are a strategic addition to our storage technology portfolio, enabling us to accelerate the growth of Seagate’s OEM-focused cloud storage system and solutions business,” said Phil Brace, president of Cloud Systems and Electronics Solutions at Seagate.

“We are focused on providing the highest quality storage systems for our OEM customers and Dot Hill’s storage solutions will enable us to advance our strategic efforts.  We look forward to welcoming Dot Hill’s strong team, which has proven experience in developing and delivering best-in-class storage solutions that are trusted by the world’s leading IT manufacturers and their channel partners,” Brace added.

The move will see Seagate pay $9.75 per Dot Hill share, totaling about $694m. Seagate said following the acquisition it will integrate Dot Hill’s portfolio into its cloud systems and electronics business.

“Seagate has a strong reputation in enterprise storage and is focused on building out its best-in-class storage system capabilities, making them the right home for the talented Dot Hill team,” said Dana Kammersgard, chief executive officer of Dot Hill.  “Dot Hill’s customers will benefit from leveraging Seagate’s leading technology and infrastructure to accelerate the delivery of advanced solutions.”

This is the latest cloud-centric acquisition for Seagate since it bought Exabyte last year.

Symantec to sell IM business Vertias for $8.9bn

Symantec is selling its IM business to an investor consoritum

Symantec is selling its IM business to an investor consoritum and refocusing on security

Digital security heavyweight Symantec announced this week it would sell its information management business, Veritas, to a group led by The Carlyle Group together with GIC, Singapore’s sovereign wealth fund, for a total of $8.3bn.

The move confirms Symantec will continue to focus on security following the announcement last October that the company would split in two, with its IM business and security business going separate ways.

“Since the Board first announced the separation of Veritas, we have been preparing the company to operate independently and evolving our business strategy, while continuing to deliver industry-leading solutions to our customers. We are thrilled to partner with The Carlyle Group and GIC, which have a strong track record of successfully growing businesses and share our dedication to Veritas’ strategy and success,” said John Gannon, Symantec executive vice president and Veritas general manager.

“Veritas will continue to provide next-generation information management solutions to serve the world’s largest and most complex environments, including multiple cloud deployments, managed services and on-premise infrastructure,” Gannon said.

Symantec expects to receive $6.3bn in cash for Veritas, and has authorized a $1.5bn increase to its existing share repurchase program, bringing the total to $2.6 billion, yielding a total of $8.9bn from the sale. Veritas was originally acquired by Symantec for $13.5bn in 2005.

Michael A. Brown, Symantec president and chief executive said: “This transaction strengthens our financial foundation, paving the way for Symantec to grow its security business and increase its lead as the world’s largest cybersecurity company. We believe the agreement with the investors, including The Carlyle Group and GIC, delivers an attractive and certain value for the Veritas business, and is in the best interests of all stakeholders.”

The divestment isn’t terribly surprising giving Symantec’s messaging at the tail end of last year. Upon announcing the company would split Brown said its security and IM businesses each face unique market opportunities and challenges.

“It has become clear that winning in both security and information management requires distinct strategies, focused investments and go-to market innovation,” he said at the time.

Now it seems Symentec is refocusing exclusively on security, and said the sale would give it a much needed cash influx to help it fund both organic and inorganic growth through targeted acquisitions.

Infor buys GT Nexus to strengthen manufacturing ERP cloud

Infor has acquired GT Nexus to boost its supply chain management capabilities

Infor has acquired GT Nexus to boost its supply chain management capabilities

Infor said this week it plans to acquire supply chain management cloud software vendor for $675m, a move the company expects will strengthen and broaden the capabilities of its ERP software.

GT Nexus’ cloud-based supply chain management software is particularly popular with manufacturer and retailers. The company claims to have over 25,000 customers including the likes of Adidas Group, Caterpillar, Columbia Sportswear, Levi Strauss & Co., Maersk, Pfizer, and UPS.

Infor said the acquisition would strengthen its portfolio as the retail industry continues to shift towards contract-based manufacturing, where much of the activity and commercial production takes place outside the brand owner’s operations (and ERP platform).

The company said GT Nexus and Infor CloudSuite have very similar architectures, making them relateively straightforward to integrate.

“Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest,” said Charles Phillips, chief executive of Infor. “In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.”

Sean Feeney, chief executive of GT Nexus said: “Infor is a great home for GT Nexus, and we’re excited to join forces with a company with a strong manufacturing, retail, and supply chain pedigree.”

Google creates Alphabet to address bloat, heterogeneity

Google's holding company is intended to help it more effectively manage a growing and increasingly broad set of businesses

Google’s holding company is intended to help it more effectively manage a growing and increasingly broad set of businesses

Google has taken the decision to form a new holding company, Alphabet, of which its biggest component will be Google with its internet and cloud services. The move is likely to appeal to investors who don’t want expensive experiments and general sprawl bringing down its share price.

The company’s chief executive Larry Page revealed the news in a blog post this week.

“We’ve long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant.”

“Our company is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new company, called Alphabet. I am really excited to be running Alphabet as CEO with help from my capable partner, Sergey, as President.”

Alphabet is a holding company that will include Google, the largest of its components, which will retain the internet-centric services it provides (including YouTube, Search, Maps, and its cloud services). But its other projects and divisions including Nest, Google X, Research, Fibre, and it venture capital arms (Ventures and Capital) will be spun out and operate under the broader Alphabet umbrella.

Page will serve as chief executive of Alphabet and Sergey Brin as its president. Sundar Pichai, who has led product development and engineering efforts for its internet businesses, will be bumped up to lead Google as chief executive.

“This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main Internet products contained in Alphabet instead.”

“Fundamentally, we believe this allows us more management scale, as we can run things independently that aren’t very related. Alphabet is about businesses prospering through strong leaders and independence. In general, our model is to have a strong CEO who runs each business, with Sergey and me in service to them as needed. We will rigorously handle capital allocation and work to make sure each business is executing well.”

Ericsson buys system integrator to shore up IT consultancy services in LATAM

Ericsson is boosting its OSS/BSS activities in LATAM

Ericsson is boosting its OSS/BSS activities in LATAM

Ericsson announced plans to acquire Guatemala-based Icon Americas, a consulting and systems integration firm, for an undisclosed sum. The company said the move would bolster its expertise in telecoms software.

Founded in 1996, Icon Americas specializes in providing application development and maintenance (ADM) services, specifically in the area of billing and charging for telecom operators.

Ericsson said the acquisition, which will see Icon Americas’ 250 employees join the networking giant, will boost its portfolio of consulting services around OSS/BSS solutions in the region.

Sergio Quiroga da Cunha, head of Ericsson in Latin America and Caribbean said: “IT services is an area of strategic importance to Ericsson – not just in Latin America but globally. The acquisition of Icon Americas will improve our ability to provide IT and ADM services to customers in Latin America, thereby strengthening our end-to-end position in OSS/BSS.”

Hugo Cruz, founder and chief executive of Icon Americas said: “We are excited to be joining the Ericsson team as its global scale and presence enable us to apply our expertise to a much wider range of customers.”

IBM bolsters Watson Healthcare capabilities with $1bn Merge acquisition

IBM is bolstering its Watson Health Cloud with the Merge acquisition

IBM is bolstering its Watson Health Cloud with the Merge acquisition

IBM announced its intention to acquire Merge Healthcare, a medical imaging and processing platform provider, which it plans to integrate with Watson. The company said the move would bolster the cognitive computing cloud’s clinical and medical capabilities.

Merge claims its technology is used at more than 7,500 US healthcare sites and many of the world’s largest clinical research institutes and pharmaceutical firms to manage and process medical images.

IBM said it plans to integrate Merge’s medical image handling technologies with the Watson Health Cloud. The company said the move would enable it to extend Watson’s analytics to medical images and create a consolidated platform to store, analyse and suggest treatments based on them, as well as cross-reference the images against a growing trove of lab results, electronic health records, clinical studies and other healthcare-related research and data.

“As a proven leader in delivering healthcare solutions for over 20 years, Merge is a tremendous addition to the Watson Health platform.  Healthcare will be one of IBM’s biggest growth areas over the next 10 years, which is why  we are making a major investment to drive industry transformation and to facilitate a higher quality of care,” said John Kelly, senior vice president, IBM Research and Solutions Portfolio.

“Watson’s powerful cognitive and analytic capabilities, coupled with those from Merge and our other major strategic acquisitions, position IBM to partner with healthcare providers, research institutions, biomedical companies, insurers and other organizations committed to changing the very nature of health and healthcare in the 21st century. Giving Watson ‘eyes’ on medical images unlocks entirely new possibilities for the industry.”

“Medical images are some of the most complicated data sets imaginable, and there is perhaps no more important area in which researchers can apply machine learning and cognitive computing.  That’s the real promise of cognitive computing and its artificial intelligence components – helping to make us healthier and to improve the quality of our lives,” he added.

IBM sees huge potential for its Watson service in healthcare, and has moved to back that belief with a flurry of acquisitions and partnerships.

Earlier this year it bought Phytel, which provides cloud-based software that helps healthcare providers and care teams coordinate activities across medical facilities by automating certain aspects of patient care, and acquired Explorys, a provider of cognitive cloud-based analytics that provides insights for care facilities derived from datasets derived from numerous and diverse financial, operational and medical record systems.

It also announced a partnership with Apple that is seeing IBM offer its Watson Health Cloud platform as a storage and analytics service for HealthKit data aggregated from iOS devices, and open the platform up for health and fitness app developers as well as medical researchers.