Gartner acquires smaller rival Meta
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Information technology research firm Gartner on Monday said it will acquire fellow research outfit Meta Group for $162 million in cash in an effort to spur growth.
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(InfoWorld) - New numbers from Gartner show that computer server sales slowed in the third quarter, a trend the research company attributes to virtualization. Gartner's latest report on servers, released Tuesday, shows that worldwide sales grew by 4.4 percent, based on revenue, to just over $13 billion, and 9.1 percent by unit volume, to 2 billion servers. In the second quarter, sales rose 2.5 percent by revenue and 12.8 percent by unit volume. "We have seen double-digit growth in the past," said Jeff Hewitt, research director for Gartner. "Server sales are still growing, but because of virtualization, customers don't have to buy as many servers." Virtualization makes it possible to run more programs on one physical server, using more of its capacity and making it possible for a data center to handle more work with fewer servers. Among the server vendors, market share rankings remained the same in Gartner's numbers, which cover the three-month period ended Sept. 30, compared with previous quarters. IBM Corp. retained the market share lead, with 33.7 percent, based on a 7.4 percent revenue gain to $4.38 billion, from the third quarter of 2005. Hewlett-Packard Co. followed with 25.3 percent market share on a 6 percent decline in revenue to $3.29 billion. Dell Inc. ranked third with a 10.8 percent share on a 10.2 percent revenue gain to $1.41 billion. Sun Microsystems Inc. ranked fourth with a 10.1 percent share based on a 24.7 percent revenue gain to $1.31 billion. Fujitsu Computer Systems Corp. ranked fifth, with a 4.9 percent share on a 5.6 percent revenue gain to $634 million. Other vendors combined for a 15.3 percent share based on 6.5 percent revenue growth to $1.99 billion. Hewitt attributed Sun's resurgence to the introduction of new servers running the Opteron microprocessor from Advanced Micro Devices Inc., which has emerged as a strong competitor to the processors from Intel Corp. In sales based on unit volume, HP led the way with a 26.5 percent share based on 7.2 percent growth to 540,609 units; Dell ranked second with a 22.5 percent share on 10.5 percent growth to 459,950; IBM third with 16.3 percent share on 7.7 percent growth to 332,777; Sun Microsystems fourth with a 4.1 percent share on a 6.4 percent growth to 83,018 units; and Fujitsu fifth with a 3.2 percent, based on a decline of 5.9 percent to 65,171. Other server brands collectively reported 27.5 percent share on growth of 13.4 percent to 560,913 units.
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Buyout firm Forstmann Little &amp; Co. has signed a definitive agreement to acquire Cleveland, Ohio-based IMG. IMG is being acquired from trusts established by the late Mark McCormack, who founded the company, and
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GARTNER IT &amp; Software Asset Management Summit -- IBM (NYSE: IBM) today announced details of its latest promotion to make it easier for companies to safely dispose of their unused IT assets.
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Google is forming partnerships with hundreds of smaller media companies that see value in contributing to the site.
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August 26, 2004 -- (WEB HOST INDUSTRY REVIEW) -- Research and analysis firm Gartner  said on Wednesday that global sales of servers surpassed $11.
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Technology research firm Gartner will purchase rival Meta Group for about $162 million. The firms have complementary business strategies, and both are headquartered in Stamford, Connecticut.
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J.P. Morgan Chase & Co. JPM.N on  Friday said it would buy trade-management software provider  Vastera Inc. VAST.O for $129 million to bolster the bank's  logistics and trade-services business.
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Global IT research major Gartner Inc is buying out IT consulting firm META Group for $162 million, in an all-cash transaction at $10.00 per share.
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A dot-com enabler for small financial institutions is rolling in the dough.
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Company looks to juice its application server business with a version tuned for smaller organizations.
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Bond trader Cantor Fitzgerald is  combining its electronic brokerage eSpeed , which has  been a takeover target, with its BGC Partners inter-dealer  broker into a new publicly listed company in a $1.3 billion  deal.
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Orthopedic device maker Biomet Inc.   said on Monday it has agreed to be acquired by a  private equity consortium for about $10.9 billion.
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NEW YORK -- Market-research firm Gartner Inc. has agreed to acquire fellow Meta Group Inc. for about $162 million in cash. Gartner Monday said it will pay $10 for each share of Meta, a 54 percent premium to
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Gartner says the addition of Meta&#39;s sales team will boost sales, and their complementary operations will improve efficiency. By Eric Chabrow.
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TechWeb - The two companies partner to offer smaller companies high-performance computer hardware and software.
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Spends Â£20m to increase SME market share Acquisition-happy accounts software firm Sage has gobbled up UK-based finance and HR software supplier KCS Global Holdings for Â£20m.â¦