Acquisition stories - Page 246

Ciena expands into Australia and New Zealand with new offices in Sydney, Melbourne, and Auckland, aiming to transform local networks under new leadership.

The tough economic environment has claimed another scalp, this time not in the form of an acquisition or merger, but receivership.

AOL is reportedly finalising a deal to sell social network Bebo to Criterion Capital Partners, two years after buying it for USD $850 million.

HP continues its acquisition spree, buying Phoenix's virtualisation products for USD $12 million in cash. The deal completes by month's end.

Infor has acquired Bridgelogix to bolster its ERP offerings, promising enhanced integration, flexibility, and efficiency for manufacturers worldwide.

StorageCraft ShadowProtect Server ensures that Lion Nathan can lose no more than 60 minutes' data in the event of a server crash.

Greenstone Energy appoints Kiwi firm Integral Axon to provide IT service desk and desktop support, citing their flexible, business-focused approach.

Small business owners are still missing opportunities to get customers through using social media, according to a new study in the US.

Greenpeace's Cool IT Leaderboard highlights IT firms' climate efforts. Cisco leads with 62 points, doubling its score through emissions-saving tech.

Infor has signed a deal with New Zealand manufacturing company Damar Industries to support growth and acquisitions across the local market.

Over a third of businesses are currently hiring with 82% expecting to do so within the next six months, says a new report.

New IDC report reveals ongoing struggle for New Zealand firms despite increased confidence, with IT services spending to hit NZD $3,329 million by 2014.

Following HP's recent acquisition of 3Com, the company has told The Channel to expect significant changes to branding strategy.

The recent acquisition of Axon by Integral will see more opportunities opening up for companies specialising in servicing New Zealand's SMBs.

Symantec acquires VeriSign's identity and authentication business for USD $1.28 billion in cash, expanding its digital security portfolio and reach.

HP predicts a major change in networking infrastructure, claiming it will be a formidable competitor to Cisco. #HP #networking #Cisco.

Markinson acquires NZ's Zeron in a move to cement its SMB software market presence and expand its footprint in New Zealand.

Telecom and Alcatel Lucent failed to manage the high number of subscribers attracted onto the XT Network when it launched in May last year.

The growth of software as a service means companies have an increasing need to integrate data and business processes, says IBM.

Axon CEO Scott Green says the company’s acquisition by Integral Technology Group will offer significant value to customers and grab competitors' attention.