IBM today announced that it is acquiring Tririga, the Las Vegas, Nevada-based maker of facilities management software for an undisclosed amount. The move is the latest in Big Blue’s Smarter Buildings initiative, which pursues IT opportunities in a burgeoning market for solutions that improve cost- and energy-efficiency of real estate assets like corporate offices and […]
Compellent: Dell’s $960M green storage acquisition
About month and a half ago, buzz began to surround Eden Prairie, Minnesota-based Compellent Technologies based on reports that Dell was interested in acquiring the storage startup. Rumor became reality today when it was revealed that Dell is acquiring Compellent for $960 million. The firm specializes in storage technologies that improve energy efficiency in data […]
Compellent: A green storage acquisition target?
Is another round of M&A drama about to ensue, courtesy of Compellent? First, there was the epic bidding war over DataDomain during the summer of 2009. EMC claimed victory over NetApp in that episode. Then earlier this year, HP was victorious in snatching 3PAR from Dell’s waiting hands. Now, Compellent’s latest, record-setting revenue disclosure and […]
Broadcom bags Beceem as 4G smart grid networking beckons
Broadcom chips are common in mobile and telecom gear, particularly smartphones, networking adapters and tablets where connectivity to 3G and wireless networks is a must. Now the company has its sights set on (WiMAX and LTE) by acquiring privately-held Beceem, a 4G networking chipmaker, for $316 million. Santa Clara, Calif.-based Beceem is an attractive target […]
Cisco snaps up smart grid firm Arch Rock
In case there’s any doubt that Cisco is taking the smart grid seriously, Earth2Tech’s Katie Fehrenbacher is reporting today that the computer networking giant is buying up San Francisco-based wireless smart grid networking firm Arch Rock. Terms, as they say, are undisclosed (drat!). The main draw? “Arch Rock’s wireless mesh technology enhances Cisco’s IP-based, end-to-end […]
3PAR bidding war update: HP offers $2.1 billion
How high will they go? HP one-upped Dell with a roughly $2.1 billion bid to snag storage virtualization and thin provisioning firm 3PAR. At stake is nothing less than cloud domination! Actually, no, but close. IT vendors are scrambling to build their cloud portfolios, which rests on offering technologies and platforms that can scale to […]
3PAR: Hints of a green storage bidding war
Last year, EMC and NetApp battled it out for DataDomain, whose claim to fame was a strong data deduplication portfolio. Data deduplication, as its name suggests, helps data center operators keep their energy and storage hardware costs in check by eliminating identical sets of data that would otherwise take up room on oftentimes pricey storage […]
Intel buys McAfee: New era of secure (green) clouds?
In a whopper of deal, Intel today announced that it is acquiring McAfee for $7.68 billion. On the surface it looks like Intel is elbowing into the software space, but snagging one of the premier IT security firms is also indicative of a three-pronged plan of attack for cloud computing and data centers. Intel’s CEO, […]