acquisition

OVH Announces Intent to Acquire VMware vCloud Air Business

Grazed from OVH and VMware

VMware, a global leader in cloud infrastructure and business mobility, and OVH, a global hyper-scale cloud provider, today announced OVH intends to acquire VMware vCloud Air business. Financial details of the transaction were not disclosed.  The transaction is expected close in calendar 2Q 2017.

vCloud Air is VMware's cloud offering based on the software-driven data center and designed specifically to meet enterprise needs delivering a secure, hybrid cloud experience.  The recent introduction of bi-directional, zero downtime cloud migration and the hybrid DMZ architecture has enabled our customers to accelerate the pace of migration to the cloud, while maintaining security, compliance and control. Since its inception, vCloud Air has serviced industry leading customers as they embrace a hybrid cloud environment.

VMware has evolved its business strategy to focus on providing hybrid an cross-cloud software and services.  Given this evolution, VMware is transitioning vCloud Air U.S. and European data centers, customer operations, and customer success teams to OVH.  After the close of the acquisition, OVH will operate the service as vCloud Air Powered by OVH, will continue to leverage VMware's hybrid cloud technology, and will closely partner with VMware on go-to-market and customer support around the three proven vCloud Air use cases: data center extension, data center consolidation, and data center recovery.

 

Green Cloud Technologies Acquires Cloud Services Provider Cirrity

Grazed from Green Cloud Technologies

Green Cloud Technologies ("Green Cloud"), a 100% channel only, Cisco-Powered cloud provider, has closed on the acquisition of Atlanta-based Cirrity, a channel-only cloud solutions provider. Debt and equity financing was provided by Green Cloud's existing investors, and the transaction is immediately accretive for the Greenville, SC based company, giving their entire partner network more capacity, security and redundancy for cloud solutions.

Green Cloud provides custom wholesale and white label cloud solutions to a network of 400 reseller partners, and the acquisition expands Green Cloud's capacity and data center presence, particularly on the west coast, while adding core expertise around security and compliance services.

 

Fusion Acquires Cloud Services Provider Apptix

Grazed from Fusion

Fusion, a leading cloud services provider, announced today that it has acquired Herndon, Virginia-based Apptix, Inc., a wholly-owned subsidiary of Apptix ASA. Apptix provides cloud-based communications, collaboration, virtual desktop, compliance, security and cloud computing solutions to approximately 1,500 business customers throughout the U.S. Total consideration in the transaction was $28.0 million, consisting of $23.0 million in cash and approximately 3.0 million shares of Fusion unregistered common stock priced at $1.68 per share.

The acquisition, which closed on November 14, 2016, was financed with a new $70.0 million senior secured credit facility led by East West Bank, which replaces Fusion's previous $40.0 million senior credit facility. The new credit facility reduces Fusion's weighted average borrowing cost from 8.0% down to 7.5%.

Highlights

DataStax Acquires DataScale, Unveils Plans for DataStax Managed Cloud

Grazed from DataStax

DataStax, the leading provider of database software for cloud applications based on Apache Cassandra™, today announced the acquisition of DataScale, a provider of cloud-based management services for data infrastructure. DataStax also announced the forthcoming availability of DataStax Managed Cloud, a fully-managed database service. DataStax Managed Cloud will be available in early 2017 on Amazon Web Services, followed by other popular public cloud providers.

"At DataStax, we recognize that delivering cloud applications at a global scale is critically important, and that's why we've decided to introduce a fully-managed, comprehensive data service offering to help our customers transform their businesses even faster," said Billy Bosworth, CEO, DataStax. "DataStax is thrilled to welcome to our team the experienced engineers and senior leaders at DataScale. Together we will accelerate our customers' ability to deliver cloud applications that provide real-time value, by offering another powerful option for deploying and managing those systems at epic scale." 

Mirantis Acquires TCP Cloud to Extend Managed OpenStack Capabilities

Grazed from Mirantis

Mirantis today announced that it has entered into a definitive agreement to acquire TCP Cloud. Headquartered in Prague, Czech Republic, TCP Cloud employs 30 people and specializes in managed services for OpenStack, OpenContrail and Kubernetes. The acquisition will support Mirantis' initiative with Google and Intel to enable OpenStack on Kubernetes by equipping Mirantis to continuously deliver OpenStack to customer datacenters. The combined entity will solve the problem of upgrades, one of the primary burdens of on-premises infrastructure.

"The model for delivering infrastructure employed by traditional vendors is fundamentally misaligned with modern software development patterns. Disruptors of the digital era push new code to production multiple times a day, while traditional enterprise vendors ship infrastructure as packaged software once every few years and require forklift upgrades," said Alex Freedland, Mirantis CEO. "Mirantis empowers enterprises to embrace the new, continuously delivered infrastructure model on their terms. TCP Cloud's technology and expertise helps us accelerate that vision."
 

Citrix Acquires Norskale for User Environment Management (UEM). What's Next?

Article Written by David Marshall

Citrix quietly announced that it has acquired Norskale, a French-based startup with a proven track record of optimizing workspace performance, accelerating application delivery, and enhancing environment scalability.  The company has operated throughout the European, Asia-Pacific and Americas markets by providing a full-featured workspace and user environment management solution.  With more than 100 customers worldwide and enterprise deployments reaching up to 80,000 seats, Norskale brings a welcomed amount of performance and scalability value to the Citrix XenApp and XenDesktop application and desktop virtualization solutions.

Demand for business mobility by end-users is creating far-reaching implications for how mission-critical applications are being delivered.  These businesses are increasingly searching for solutions that help simplify the management of end-users as they move from desktops, laptops, tablets and smartphones due to the complexity of managing these assets in silos.

But in the last couple of years, Citrix has fallen behind in this area.  The company, which was once a market leader in this space, seemed to find itself playing catch up with competitors like VMware who in February of 2015 acquired Immidio to beat Citrix to the punch by offering its own Workspace Environment Management (WEM) solution.  With that acquisition, VMware gained a strong UEM solution which they have been integrating more and more into their existing product lines.

 

The $67 Billion Dell and EMC Deal Closed Today

Article Written by David Marshall



Nearly a year after it was first announced, Dell Inc. today closed its $67 billion deal to buy EMC Corporation; and with it, taking on a new name -- Dell Technologies.  With this transaction, Dell has closed the largest technology merger in history and has become the world's largest privately held technology company with $74 billion in revenues.

Dell Technologies will initially employ ~140,000 workers, making it the largest privately controlled technology company by the numbers according to Tom Sweet, Dell Technologies' CFO.

The new company also underscores a shift toward IT industry consolidation as leading players in servers like Dell and storage leaders like EMC search for synergies in order to meet enterprise demand for hybrid cloud and cloud-native offerings.

Rackspace Goes Private with a $4.3 Billion Acquisition Led by Apollo Global Management

Grazed from Rackspace

Rackspace announced that it has entered into a definitive agreement with affiliates of certain funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo"), a leading global alternative investment manager, to be acquired for $32.00 per share in cash. In connection with the transaction, funds managed by Searchlight Capital Partners, L.P. will make a strategic equity investment in the acquired company. The transaction has a total value of $4.3 billion, which includes the assumption of $43 million of net cash. Upon completion of the transaction, Rackspace will become a privately held company.

The $32.00 per share cash consideration represents a premium of 38% when compared to Rackspace's unaffected closing stock price on August 3, 2016, the last trading day prior to news reports speculating about a potential transaction. The Rackspace board of directors unanimously approved the agreement with the Apollo Funds and recommends that Rackspace stockholders vote in favor of the transaction.

Liquid Web Acquires Cloud Sites Business Unit from Rackspace

Grazed from Liquid Web and Rackspace

Liquid Web, a $90 million web hosting and cloud services provider devoted to delighting customers, today announced it has signed an agreement to purchase Rackspace® (NYSE: RAX) Cloud Sites business unit, which will remain in San Antonio.

Users of the Cloud Sites platform, who include designers, developers and digital agencies, should expect a seamless transition as Liquid Web and Rackspace work together to complete the transaction. In fact, Liquid Web plans to invest in developing innovative solutions on the Cloud Sites platform to better serve these savvy, skilled professionals who are dependent on a highly available and reliable hosting provider.

VMware Acquires Arkin to Help Accelerate Adoption of VMware NSX and Software-Defined Data Centers

Article Written by David Marshall

VMware announced a new acquisition of a relatively unknown company, Arkin Net, a provider of software-defined data center security and operations.  Although financial details of the transaction were not disclosed, VMware did say that they expect the transaction to close by the end of June 2016. The deal is expected to help enhance VMware's ability to build and manage virtual networks tied to hundreds or even thousands of virtual machines.

Arkin is an established business partner of VMware, and it was founded in 2013 to bring management enhancements to virtual networks.  This year, Arkin was named by Gartner as one of its "Cool Vendors in Enterprise Networking."