The total value of technology mergers and acquisitions (M&A) fell 35 per cent in 2012 compared to 2011 on concerns of sluggish macroeconomic conditions, but Cloud computing represented a bright spot, with software as a service (SaaS) companies specifically being a hot target for activity, according accounting firm Ernst & Young.
Application delivery vendor Radware has bought Web acceleration provider Strangeloop for $8.4 million and will sell its products under a new name.
Juniper Networks has acquired the assets of Webscreen Systems, a developer of distributed denial-of-service (DDoS) mitigation products, from Accumuli of the United Kingdom.
AT&T on Tuesday said it has agreed to buy Alltel’s U.S. wireless operations, including licenses, network assets, retail stores and about 585,000 subscribers, for $780 million in cash. Technically, AT&T is buying the operation from the lesser known Atlantic Tele-Network, Inc. (ATNI).
Cisco this week announced its intent to acquire BroadHop, a developer of network management servers and software for carriers.
Blue Coat Systems Monday announced an agreement to acquire Crossbeam Systems for an undisclosed amount by year-end. This would mark the second time Crossbeam has been acquired in 2012, with private equity firm Thoma Bravo acquiring it just last month.
Sprint today formally announced its plan to shell out $2.1 billion to buy the remaining 49% of Clearwire that it doesn't already own. The move gives Sprint direct access to Clearwire's extensive spectrum portfolio, just as the carrier is set to reap some $20 billion on cash from its acquisition by SoftBank.
Juniper Networks this week acquired Contrail Systems, a startup that makes controllers for software-defined networks, for $176 million in cash and stock.
Cisco this week announced its intent to acquire privately held Cariden Technologies, a Sunnyvale, Calif., developer of network planning, design and traffic management software for service providers.
Meraki Networks, the tiny, privately held WLAN vendor that Cisco earlier this week announced it will buy for $1.2 billion, is as different from Cisco as night is from day.
Even though Meraki made a name for itself in cloud-based WLANs, Cisco's long-term goals for its new acquisition go beyond just Wi-Fi.
Cisco today announced its intent to acquire privately held Cloupia, a software company that develops products for automating data center operations for the deployment and configuration of physical and virtual resources.
Crossbeam has been bought by private equity firm Thoma Bravo, opening up the door for the security company to expand its product line both in-house and via acquisitions.
Brocade has announced its acquisition of Vyatta, a privately held maker of open source-based network software, for an undisclosed amount of cash.
Despite a substantial decline in Riverbed's stock price after the news of its $1 billion acquisition of Opnet this week, industry experts say that the buyout leaves Riverbed in a uniquely strong position in the network management arena.