Digital security heavyweight Symantec announced this week it would sell its information management business, Veritas, to a group led by The Carlyle Group together with GIC, Singapore’s sovereign wealth fund, for a total of $8.3bn.
Oracle has acquired Maxymiser, a provider of cloud-based marketing tools, for an undisclosed sum. The company said the acquisition will bolster its marketing cloud portfolio.
Seagate announced plans to acquire storage software and hardware vendor Dot Hill Systems for $694m, which the company said would help bolster its cloud portfolio of products.
Infor said this week it plans to acquire supply chain management cloud software vendor for $675m, a move the company expects will strengthen and broaden the capabilities of its ERP software.
Google has taken the decision to form a new holding company, Alphabet, of which its biggest component will be Google with its internet and cloud services. The move is likely to appeal to investors who don’t want expensive experiments and general sprawl bringing down its share price.
Ericsson announced plans to acquire Guatemala-based Icon Americas, a consulting and systems integration firm, for an undisclosed sum. The company said the move would bolster its expertise in telecoms software.
IBM announced its intention to acquire Merge Healthcare, a medical imaging and processing platform provider, which it plans to integrate with Watson. The company said the move would bolster the cognitive computing cloud’s clinical and medical capabilities.
Storage giant EMC is reportedly considering a buyout by its virtualization-focused subsidiary, VMware, at the behest of activist investor Elliott Manage according to multiple reports.
Advance/Newhouse, the parent company of Advance Publications – owner or majority stakeholder in some of the world’s largest digital publications including Condé Nast and Reddit – announced this week it has acquired analytics and data warehouse specialist 1010data for $500m.
Cloud and datacentre services provider Node4 acquired Premier IT Networks, a London-based datacentre and communications specialist, for an undisclosed sum this week.