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Tech titans are wielding deals to battle for market share. They have been acquiring and partnering, trying to figure out the right business strategy to win customers. The data center market would make a nice little case study. There is growing demand as server farms that run corporate back offices...
Posted on October 27, 2009 4:03 PM
We may be a long way from a true M&A boom, but deal volume is trending upward. Which got us wondering whether corporate acquirers are hiring M&A executives. As we reported in our feature on corporate development careers in July, corporate M&A executives and staffers have been downsized as their...
Posted on October 13, 2009 9:55 AM
Alcatel-Lucent SA (NYSE:ALU) has promoted an internal executive to lead its recently announced alliance with Hewlett-Packard Co. (NYSE:HPQ). Christel Heydemann, who most recently led sales account management for Alcatel-Lucent France, has been appointed strategic alliance vice president for HP. Heydemann, a longtime Alcatel employee, will oversee go-to-market activities, co-development and...
Posted on June 24, 2009 12:44 PM
Microsoft Corp. (NASDAQ:MFST) and Hewlett-Packard Co. (NYSE:HPQ) are investing $180 million in a four-year effort to deliver unified communication and collaboration services. The companies will work together on products that streamline communication for customers across messaging, video and voice devices. As a Gartner Inc. research note points out, UCC is one of...
Posted on May 21, 2009 2:50 PM
The hiring post should say, "We have $9 billion cash on hand!" Word on the street is Dell Inc. (NASDAQ:DELL) is looking to hire an M&A chief, but dealmakers may be wary of the Round Rock, Texas, company's M&A track record.The Wall Street Journal reported that two people briefed on...
Posted on May 6, 2009 2:22 PM
When Hewlett-Packard Co. (NYSE:HPQ) acquired Electronic Data Systems Corp. for $13.9 billion last year, it inherited an existing relationship with Research In Motion Ltd. (NASDAQ:RIMM). You see, prior to the August 2008 deal, EDS managed through its mobile workplace services business the BlackBerry accounts of about 500,000 spartphone users. On...
Posted on May 4, 2009 4:09 PM
Business is booming for the patent brokerage firm IPotential LLC. The company -- which shops the patent portfolios of its clients to corporate buyers, intellectual property investors and patent aggregators -- has experienced 100% revenue growth each year between its founding in 2003 and 2008. It's a little off this...
Posted on April 27, 2009 7:45 AM
People are talking about the burgeoning data center turf wars. EMC Corp. (NYSE:EMC) chief executive Joseph Tucci said Oracle Corp.'s (NASDAQ:ORCL) $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) raises the stakes in the battle for control of the corporate data center market. Dow Jones noted that while EMC is...
Posted on April 24, 2009 11:17 AM
Oracle Corp.'s (NASDAQ:ORCL) surprise $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) has some employees skittish about their future. Analyst speculation about Oracle possibly selling Sun's hardware business prompted Sun to file a proxy statement Thursday reiterating that "Oracle plans to grow the Sun hardware business after the closing."Still,...
Posted on April 24, 2009 10:55 AM
Oracle Corp. (NASDAQ:ORCL) surprised techies Monday, announcing it would acquire Sun Microsystems Inc. (NASDAQ:JAVA) for $7.4 billion in cash, a 42% premium to Sun's Friday close. The deal moves Oracle into the hardware market in a big way. ZDnet.com says Oracle has been dabbling in storage appliance with Hewlett-Packard...
Posted on April 20, 2009 8:49 AM
IBM Corp. (NYSE:IBM) and Hewlett-Packard Co. (NYSE:HPQ) have to start positioning themselves as Cisco Systems Inc. (Nasdaq:CSCO) moves in on their territory in data centers. Last week, Cisco even acquired a company to help it compete in that market. Now comes news that IBM may be boosting ties with Brocade...
Posted on April 17, 2009 4:36 PM
Cisco Systems Inc. (NASDAQ:CSCO) 's chief technology officer, Padmasree Warrior (pictured), told the Wall Street Journal "We're going to compete with H-P. I don't want to sugarcoat that." She continued, "There is bound to be change in the landscape of who you compete with and who you partner with." The...
Posted on March 16, 2009 3:51 PM
Tech giants could start making big moves in the data center market. According to a Reuters report, on Monday Cisco Systems Inc. (NASDAQ:CSCO) will introduce computer products that will pit it against longstanding partners IBM Corp. and Hewlett-Packard Co., and could trigger a new wave of dealmaking in the tech...
Posted on March 13, 2009 3:43 PM
Ascent Media Group LLC and Hewlett-Packard Co. (NYSE:HPQ) have worked together since 2004 to help movie studios, broadcast networks, advertising agencies and others deliver digital content to consumers. But the successful partnership has delivered an added bonus to AMG: a deep pool of experienced strategy executives to dip into. AMG...
Posted on March 6, 2009 11:31 AM
Sun Microsystems Inc. and Microsoft Corp. have created a search alliance regarding Sun Micro's Java technology -- a striking development since Microsoft has paid more than $2 billion over the years to settle lawsuits filed by Sun claiming it was misusing Java. The deal announced Monday calls for Sun...
Posted on November 10, 2008 4:09 PM
In July Electronic Data Systems Corp. denied reports that it would have to fire 20% of its work force after a $13.9 billion merger with Hewlett-Packard Co. On Monday it announced the real number: 7.5% of its work force, which comes to 24,600 people who will receive severance packages, counseling...
Posted on September 15, 2008 5:56 PM
It's been a swift four months from the time Hewlett-Packard Co. announced its $13.9 billion acquisition of Electronic Data Systems Corp. to Tuesday's close -- an indication that this is a deal both companies are firmly behind. Now, though, the more difficult work of stitching the companies together really begins. ...
Posted on August 26, 2008 10:58 AM
With nasty dealmaking dominating the M&A headlines -- InBev SA-Anheuser-Busch Cos. and Microsoft Corp.-Yahoo! Inc., to name two -- Hewlett-Packard Co.'s planned acquisition of Electronic Data Systems Corp. was a refreshing reminder that friendly deals could still get done. Not so fast. It seems EDS shareholders aren't so sure about...
Posted on July 22, 2008 4:51 PM
Hewlett-Packard Co.'s $13.9 billion deal for Electronic Data Systems Corp. catapulted business processing outsourcing back into the spotlight. A big driver behind the deal is HP's desire to take on industry leader IBM Corp. Competition for BPO contracts is stiff, with dozens of providers in the U.S. and abroad going...
Posted on June 6, 2008 8:10 AM
Business services outsourcing is the major driver of Hewlett-Packard Co.'s $13.9 billion play for Electronic Data Systems Corp. Based on fiscal 2007 performance, the companies say their combined services business would post annual revenue of $38 billion, and presumably position them to better compete with industry leader IBM Corp. With...
Posted on May 13, 2008 12:00 PM
Expect to hear more about this later in the day, but two immediate questions raised by Hewlett-Packard Co.'s release confirming its $13.9 billion acquisition of Electronic Data Systems Corp. are:1. What were the trade-offs that went into the decision to keep EDS as a separate brand, headquartered in Plano, Texas,...
Posted on May 13, 2008 9:11 AM
Adobe Systems Inc. continues to reinvent its business following its $3.4 billion acquisition of Macromedia in 2005. Since then, Adobe has snapped up a handful of small technology companies that have helped it expand from a maker of graphics and publishing software to a multidimensional technology company with robust digital...
Posted on April 8, 2008 11:55 AM
Information storage provider Iron Mountain Inc. has named Bob Brennan as CEO. Brennan plans to use his strong background in M&A and corporate growth to drive business past $3 billion in revenues this year. "We are expanding geographically, and acquisition is definitely central to our strategy going forward," he...
Posted on February 28, 2008 4:33 PM
Most big companies now have multiple alliances. Relatively few have thought strategically about their choice of role in those networks.
Posted on April 15, 2005 3:10 PM
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Juergen Lasowski
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