Acquisition stories - Page 88

Workday continues prioritising top-line growth over profitability, which is paying off as the vendor had major 3Q16 signings in the U.S. and Europe.

Hewlett Packard Enterprise (HPE) reported a 7% decline in revenue during Q3 2016, but saw operating margin rise to 6.2%.

Oracle has completed its tender offer for NetSuite and has announced plans to leverage its resources to globalize the mid-market enterprise.

There is one startling development that is in its very early stages but is poised to make a huge impact across the industry.

The cloud brokerage market is reaching an inflection point, with pure plays being acquired and multilines building out their brokerage platforms.

Aerohive is eyeing up the Ruckus reseller channel as it seeks to expand its own reach and capitalise on new growth markets locally.

McAfee makes a comeback, post-Intel, debuting 'edgier' solutions to outwit rivals and redefine cybersecurity with new intelligence-sharing ethos.

CITIC Telecom CPC is now going 'full speed ahead' into the data center market, after purchasing Hong Kong's entire CITIC Telecom Tower.

Microsoft champions cloud stride, using AI to lift lifetime value, harnessing partnerships for full portfolio prowess.

CenturyLink agrees to a £1.64 billion deal to offload its data centre operations to a consortium, bolstering its Level 3 acquisition funds.

21Vianet's new deal with a private equity firm will give the company deeper access into the data center real estate market.

Intel Security rejuvenates as it embraces its McAfee heritage, heralding a strategic shift dedicated to cybersecurity. #McAfeeIsBack.

Following their acquisition of Blue Coat just three months ago, Symantec recently announced the first positive spin-off.

Cloud-as-a-Service revenue is increasing thanks to acquisitions, portfolio expansion, and data center investments, says TBR report.

The managed service provider (MSP) space is experiencing an explosion of merger and acquisition (M&A) activity, with new announcements made daily.

Nokia pivots to automation and non-CSP markets, strategising to counter flat telecom spend and drive its Global Services growth.

Verizon Communications may sell its data center business to Equinix for $3.5bn, according to Cowen & Co. analyst Colby Synesael.

Akamai Technologies acquires Soha Systems to enhance its cloud security strategy and accelerate enterprise applications.

Lenovo has an opportunity to expand its share of the data center market as customers look for alternate infrastructure options.

Launched in 2013, Slack is revolutionising team collaboration with integrations from Google Drive to Trello, boasting over a million daily active users today.