Acquisitions

HP Picks up Database, Cloud Automation Vendor Stratavia

Grazed from IT Business Edge.  Author: Susan Hall.

Even while it's still jockeying with Dell to buy storage vendor 3PAR, Hewlett-Packard has picked up database and data center automation company Stratavia, according to TechCrunch. Financial details were not disclosed.

 

TechCrunch says of Stratavia's technology:

Hewlett Packard trumps Dell again with fresh 3Par offer

Grazed from BBC.  Author: Editorial Staff.

The move comes just hours after Dell agreed a deal to take over 3Par, having matched HP's earlier bid of $1.6bn, tabled on Monday.

HP said its offer was "superior" and it was in a better position than its rival to execute the deal.

Observers are now waiting to see if Dell can again match HP's offer.

HP said it expected the deal for 3Par to be completed by the end of the year.

"Not only is our offer superior to Dell's proposal, HP remains uniquely positioned to execute on the combination given the number of synergies between the two companies," said the computer maker's Dave Donatelli.

Hewlett Packard trumps Dell with $1.6bn bid for 3PAR

Grazed from BBC.  Author: Editorial Staff.

Computer maker Hewlett Packard (HP) has launched a $1.6bn (£1bn) bid for data storage firm 3PAR, trumping a $1.2bn offer made by rival Dell last week.

Along with IBM, the two firms are looking into more profitable business areas outside of making computers.

The bids come as part of a glut of merger and acquisitions activity in the technology sector, including last week's $7.8bn bid for McAfee by Intel.

The HP bid pushed Wall Street higher in early trade, before shares lost ground.

Intel in $7.68bn McAfee takeover

Grazed from BBC.  Author:  Editorial Staff.

Intel will pay $7.68bn (£5bn) in cash.

Under the terms of the deal, Intel said it would pay $48 per share in cash for McAfee, almost 60% higher than its closing price on Wednesday.

Through buying McAfee, a leading security technology firm, Intel intends to build security features into its microprocessors which go into products such as laptops and phones.

The two companies said they had been working together for 18 months and that, should the takeover pass regulatory and shareholder approval, the first new products would be revealed early next year.

Google Buys Jambool to Rival Facebook Credits

Grazed from eWeek.  Author: Clint Boulton.

Google confirmed that it acquired Jambool, whose Solid Gold platform provides a virtual currency service for providers of online games and others who want to put payment options in their applications.

TechCrunch broke the news Aug. 9, saying the deal was worth $70 million. Jambool and Google confirmed the deal Aug. 13.

Jambool's Solid Gold virtual payment platform lets application developers insert payment options into online games and other applications.