Acquisition stories - Page 171

Lenovo cuts 5% of its workforce and streamlines mobile division in the wake of slowing growth and increased competition.

CEOs continue to transform their organisations and are more concerned about product relevance, customer loyalty and keeping current with new tech.

Qualcomm Atheros has acquired Ikanos Communications for an estimated $47 million, expanding their footprint in the carrier fixed line segment.

Accenture has acquired cyber security company FusionX to strengthen its security practice and help clients defend against cyber attacks.

Dicker Data is looking to its future after completing an institutional placement to raise $40.24 million and a $10.5 million sell down by its founders.

Blue Coat acquires enterprise cloud data protection vendor Perspecsys to grab a share of the exploding cloud security market.

Ingram Micro has taken a financial hit for the second quarter of 2015, recording a net loss of US$34 million in its global financials.

iiNet shareholders have voted 'overwhelmingly' in favour of TPG's takeover of the company, clearing another hurdle for the mega-merger.

2degrees has unveiled its first broadband plans, debuting two consumer plans, with business offerings to follow soon.

Westcon has recorded solid Q1 growth as it increases its cloud focus and gears up to launch its Comstor brand locally.

Jedox, a Business Intelligence and Corporate Performance Management software vendor, has acquired Naked Data, a key Jedox distributor in Australia.

Data#3 sees expected net profit after tax climb to $10 million-$11 million, up between 35% and 45% on last year's $7.5 million.

Microsoft has announced the general availability of Advanced Threat Analytics (ATA) and Azure Rights Management Support for Office for iPad.

The number of new cloud-based solutions will triple in the next four to five years, according to new predictions from IDC.

Data centre and colocation provider Digital Realty has acquired US data centre colocation and interconnection provider Telx in a $1.8 billion deal.

Vocus is ramping up its offerings as it completes its largest acquisition and adds managed services, cloud and security solutions to its lineup.

Microsoft has acquired field service management solution provider FieldOne to bolster its Dynamics CRM offering.

SAP revolutionises its partner ecosystem, embracing diverse models for market agility and expansive growth in APJ.

Fortinet has closed its acquisition of Meru Networks for an approximate $44 million in cash. Meru employees officially join Fortinet.

As Symantec and Veritas part ways, Veritas assures stability and growth in its channel despite the split, with fresh strategies ahead.