Logicalis Announces Acquisition of Carotek Information Technologies Division
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Logicalis, Inc., (www.us.logicalis.com)  a global provider of high-performance technology solutions, today  announced its acquisition of Carotek's  Information Technology Division (Carotek ITD), based in Matthews, NC.
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Buys integrator, data centre Logicalis UK has upped its stake in the market for big old iron by snapping up CSF Solutions.â¦
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GNC Corp. , the leading  retailer of vitamins and nutrition products, agreed to be  acquired by Ares Management LLC and the Ontario Teachers'  Pension Plan in a deal with a total enterprise value of $1.65  billion.
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(InfoWorld) - Oracle has agreed to acquire business intelligence software vendor Hyperion SolutionsÂ for $3.3 billion in cash, it said Thursday. Oracle said it will combine Hyperion's software with its own business intelligence and analytics tools to offer customers a broad range of performance management capabilities, including planning, budgeting and operational analytics. The deal, the latest big purchase by Oracle following its acquisitions of applications vendorsÂ PeopleSoft,Â Siebel Systems,Â and others, will expand Oracle's portfolio of database, applications and middleware products with a set of business intelligence products. These are used by companies to collect and analyze information about their businesses. It will continueÂ Oracle's strategyÂ of growing its revenue and customer base through big acquisitions. But it will also present the challenge of integrating yet another large company into a business that is still absorbing the products and employees of PeopleSoft and other acquisitions. The companies hope to close the acquisition by April, subject to customary closing conditions. Oracle has agreed to pay $52 per share for Hyperion, or about $3.3 billion, a premium of 21 percent over Hyperion's closing share price Wednesday. Part of Oracle's motivation for the deal appears to be to poach customers from its chief applications rival SAP: Many SAP customers use Hyperion software, and the acquisition will bring them closer to Oracle, said Oracle President Charles Phillips in a statement. Hyperion has 12,000 customers using its software, and about 2,500 employees spread over 20 countries, according to information on its Web site. It reported revenue of $765.2 million for the fiscal year to June 30, 2006. Earlier this year Oracle was rumored to have been in acquisition talks with Hyperion rival Business Objects, of Paris. In the past, Oracle executives have discussed improving the business intelligence capabilities in its Oracle database, and buying Hyperion could potentially give the company a selling point over database rival IBM. Hyperion is among IBM's business intelligence partners. But Oracle is also close partners with BI market leader Business Objects, of Paris, and is developing new products that integrate IBM's data warehousing software with Business Objects' products, sources familiar with those plans said this week. It is also a close partner of open-source business intelligence vendor Pentaho Corp. The acquisition will be at least the 27th deal Oracle has announced since the start of 2005.
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(InfoWorld) - Hewlett-Packard plans to buy datacenter automation software vendor Opsware for about $1.6 billion. HP said Monday that it had signed a definitive agreement to acquire Opsware in a cash tender deal that values the company at $14.25 per share. Opsware's stock was $10.28 at the close of Friday's trading. Once the deal closes, HP plans to combine the Opsware software with its own enterprise IT management software, as the new acquisition becomes part of HP's software business. "The acquisition of Opsware is intended to enable HP Software to help our customers resolve one of their critical pain points: controlling the increasing complexity and cost of managing the datacenter," Thomas Hogan, senior vice president of software at HP, said in a news release. HP has been steadily expanding its business technology optimization portfolio over the last couple of years through acquisitions, including the purchases ofÂ Mercury InteractiveÂ andÂ Peregrine Systems. After HP has closed the acquisition, the vendor expects to appoint Opsware CEO Ben Horowitz as head of its business technology optimization organization, reporting to Hogan. Subject to regulatory approval, HP hopes to close the purchase before the end of October. Opsware System software automates data center operations including provisioning, configuration, and deployment. Â
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Cisco Systems has agreed to buy Latigent, a vendor of call center reporting tools, and plans to integrate Latigent's products with itsÂ unified customer contact center systems.
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Oracle Corp  said it agreed to acquire  privately held Interlace Systems, a provider of operational  planning software, for an undisclosed sum.
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SAP has acquired Norweigan software startup iLytix Systems, which makes a reporting and budgeting tool, and will use its technology in a new version of SAP's Business One applications suite that was announced Wednesday.
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GNC Corp. , the leading retailer of vitamins and nutrition products, agreed to be acquired by Ares Management LLC and the Ontario Teachers' Pension Plan in a deal with a total enterprise value of $1.65 billion.
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The Symantec Corporation, a leader in security software and one of Silicon Valley&#39;s oldest companies, announced early Thursday that it would acquire Veritas Software
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Big Blue plans to acquire Venetica to fill out its lineup of software for accessing business documents.
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InfoWorld - Sun announced Tuesday that it is buying Innotek, maker of VirtualBox, virtualization software that may have more value for software developers than datacenter administrators.
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Oracle Corp. , the world's top database software maker, is near an agreement to buy Hyperion Solutions Corp. , which makes software that lets companies analyze and track their performance, for about $3 billion, The New York Times said Wednesday in its online edition.
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Cognos, Canadaâs biggest software company, said it planned to buy Applix for $339 million to expand in financial performance management.
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ODL, Inc. of Zeeland, a manufacturer of doorglass units and other products, has acquired the British firm Viewlite International Ltd.
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IT distributor Agilysys Inc. continued its strategy of growing by acquisition, announcing plans to buy Innovativ Systems Design Inc., a major U.S. reseller of Sun Microsystems Inc.'s servers and storage products.
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IBM boosted its software portfolio for small and medium-size businesses with plans announced Friday to acquire Net Integration Technologies, a software vendor in Markham, Canada.Net Integration Technologies, which offers business management tools, will become part of IBM&#39;s Lotus division when the deal closes, which is expected to occur this quarter. Terms of the acquisition were not disclosed.&quot;We plan to use the technology to go after Microsoft in the small business server market,&quot; said Michael Rhodin, general manager at IBM&#39;s Lotus Software division during a conference call about the acquisition. IBM could use the technology to compete with Microsoft&#39;s Windows Small Business Server, which provides collaboration, e-mail, and communication tools.Founded in 1997, Net Integration Technologies&#39; tools include NitixBlue server software, which the company offers bundled with IBM Lotus Notes client software. The company also builds custom hardware and the Nitix Operating System, which is based on Linux and bundles system management, networking, security, and storage services.When Lotus was acquired by IBM in 1995, it was a great channel company in touch with SMBs, Rhodin said. &quot;Somewhere along the lines, we lost touch with the roots,&quot; he said.The Net Integration Technologies acquisition is also in line with IBM&#39;s process of realigning operations to better define and serve customers. The company recently restructured sales operations and is lining up offerings to match those changes, Rhodin said.IBM did not comment on any potential layoffs or relocation of Net Integration Technologies employees.