When EMC and Dell announced their $67 billion deal in October, there was an interesting provision in the agreement — language that allowed EMC to continue shopping for a better deal. This ‘Go Shop’ clause expired last night.
The likelihood that anyone was ever going to step up and give EMC more than the $67 billion it negotiated with Dell was always remote at best, and the… Read More
This morning IBM announced it was acquiring Clearleap, a company that gives it enterprise-grade video content management services in the cloud, and which adds another layer to its burgeoning cloud strategy.
IBM would not disclose the purchase price.
Clearleap, whose customers include HBO, The History Channel, Time Warner Cable and Verizon (the parent company of TechCrunch) provides… Read More
VMware didn’t let this week’s news that it was included in the $67 billion merger with Dell prevent it from breaking some news of its own, announcing plans to purchase email management app Boxer for an undisclosed amount at VMworld Europe. Even though EMC owns 80 percent of VMware, it has always operated as an independent entity, publicly traded under a separate stock. It… Read More
Who saw the recent sale of the Financial Times (FT) from Pearson to Nikkei for $1.3 billion coming? The sale of The Economist, also owned by Pearson, three weeks later, was less of a surprise, as Pearson set forth its new streamlined “digital ambitions.” Read More
Nokia confirmed today it was in talks to buy Alcatel-Lucent and the underlying reason just might be the latter’s 5G patent stash. When I was at Mobile World Congress last month, there were several hot topics, but near the top of the list was 5G, that slippery notion of super fast mobile networks. Looking For 5G Nobody has actually built a 5G network yet, but there is a lot of… Read More