Western Digital buys platter maker Komag
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HD supplier in $1bn bid to match Seagate and Hitachi Western Digital has bought hard disk media manufacturer Komag, in a $1bn cash deal that sets it on course to go vertically-integrated, like Seagate and Hitachi GST.â¦
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By Anonymous  Comcast Acquires thePlatform  Comcast has acquired thePlatform, a provider of digital media publishing solutions. thePlatform's management team will stay intact, and Comcast will run it as a distinct business. No details of the deal have been disclosed.
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Storage company EMC has agreed to buy Document Sciences, a developer of software for personalizing mailshots and other communications. The acquisition will allow EMC to extend its offering in the field of transactional content management, which it sees as the fastest-growing part of the enterprise content management market. It plans to incorporate Document Sciences into its content management and archiving division.
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NEW YORK/SAN FRANCISCO  - Symantec Corp. SYMC.O,  the top global security software maker, on Thursday said it  will buy data management software company Veritas Software  Corp. VRTS.O for $13.5 billion, expanding into the data  storage and recovery business.
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(InfoWorld) - Mediasurface, a maker of content management software (CMS), will buy Immediacy, also a content management vendor, for Â£5.6 million ($11.1 million) the companies announced on Tuesday. Mediasurface said the acquisition will give it a content management software offering for midsize businesses, rounding out its portfolio of CMS systems. Immediacy's CMS is geared for nontechnical users, according to Mediasurface's Web site. It can be used to administer Web sites or content within intranets and extranets. Mediasurface's main product is Morello, which is Web content management software that uses an interface that looks similar to Windows. It also makes Pepperio, a software package for small businesses to build Web sites. Mediasurface said it will issue shares to raise money for the acquisition as well as use cash. Â
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Cellular giant Alltel Corp. said yesterday it is buying Western Wireless Corp. in a $4.4 billion cash and stock deal expected to make it the fifth-largest US wireless company.
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Plain kit, sweet file system Rackable Systems this week made an unusual acquisition for a no nonsense server vendor. It bought flashy storage software maker Terrascale for $38m in cash.â¦
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NEW YORK Veritas Software, the largest independent US storage software provider, will buy the e-mail backup company KVault Software for $225 million in cash, Veritas said Tuesday.
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IBM has agreed to buy Softek Storage SolutionsÂ for an undisclosed sum. It plans to use Softek's data mobility technology to build more flexible and efficient storage systems for customers of its Global Technology Services division.
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Storage hardware vendor Iomega has signed a deal to buy sister hardware vendors indirectly owned by the Chinese government in an effort to expand the company&#39;s product line.Iomega will purchase ExcelStor Great Wall Technology, a Cayman Islands company, and Shenzhen ExcelStor Technology, a Chinese company, in a stock deal expected to close in mid-2008, said Thomas Kampfer, Iomega president and chief operating officer. The deal would nearly quadruple the size of Iomega with its revenue going from $300 million a year to about $1.1 billion a year, and the number of employees growing from less than 300 to about 3,000, Kampfer said.ExcelStor has built Iomega&#39;s Rev removable hard drive products since 2004, and more recently, it has built Iomega-branded USB hard drives, Kampfer said. The acquisition will help Iomega branch out into new products, he said, although the company isn&#39;t yet announcing what new products it&#39;s looking at.&quot;For quite some time ... we&#39;ve felt that we have a really great brand,&quot; Kampfer said. &quot;We&#39;ve been searching for ways to expand our product line and gain access to more products, to move ourselves beyond external storage. We haven&#39;t had the resources -- we haven&#39;t had the development resources, we haven&#39;t had the marketing resources. We just aren&#39;t big enough.&quot;In the deal, Iomega will issue about 84 million shares of its stock, worth about $139 million, in exchange for all outstanding ExcelStor shares. The deal would be one of the first times a U.S. company has acquired a company owned by the Chinese government, according to Iomega.The boards of directors at both Iomega and ExcelStor have approved the deal. The purchase must be approved by the Chinese government and shareholders.ExcelStor, which produces more than 20 million devices a year, designs and manufactures digital storage hardware, including hard drives and security storage products. The company sells its products under its own brand and also to original equipment manufacturers.In 2006, ExcelStor had revenue of $707.1 million, according to Iomega.ExcelStor is a subsidiary of Great Wall Technology Co. (GWT), a publicly traded company that manufactures computers and creates software and related products. GWT is an indirect subsidiary of China Electronics Corp., which is owned by the Chinese government.After the deal is completed, GWT and its affiliates will own about 43 percent of Iomega&#39;s stock, making GWT its largest shareholder. China Electronics indirectly owns 62 percent of GWT.Jonathan Huberman will continue as CEO of Iomega, and Kampfer will remain as president and COO, the company said. Eddie Lui, currently CEO of ExcelStor, will become executive chairman of Iomega.&#160;
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Alltel Corp. , the leading rural telephone company, on Monday said it would buy rural mobile operator Western Wireless Corp.  for about &#36;4.15 billion in cash and stock to boost its competitive position in the rapidly consolidating U.S. wireless industry.
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On the day data storage giant EMC Corp. completed its purchase of data security company RSA Security Inc. of Bedford, it also purchased another local security company, Network Intelligence Corp. of Westwood, for $175 million.
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Backed up and integrated IBM plans on purchasing Ontario-based data protection firm DataMirror for approximately $161m. IBM will pay cash for the company, acquiring all outstanding stock for $25.88 per share.â¦
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French food group Danone   said on Monday it plans to pay 12.3 billion euros ($16.77  billion) for Dutch rival Numico (NUMCc.AS), in a widely  expected move after Danone agreed to sell its biscuits unit  last week.
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Shares of Datawest Solutions Inc. (DS.TO: Quote, Profile, Research) rose on Thursday after the Canadian maker of software for banks said it would be bought by rival Open Solutions Inc.
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Tape storage vendor Quantum Corp. this week announced that it's buying Certance LLC, a maker of a competing tape drive technology.
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Email archiving specialist KVS, which counts Air New Zealand among its customers, has been bought by Veritas. Veritas announced last week it had bought KVS (which stands for Knowledge Vault Software) for $US225