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On April 18, 2005, as we all know, Adobe Systems Incorporated announced a definitive agreement to acquire Macromedia in an all-stock transaction valued at approximately $3.4 billion. This is a look back, sideways, and forwards, based on what's been happening since then. After the inevitable wave of early name speculation subsided...would the company be renamed Adobomedia? Macrodobedia? AcroMacrobe?...both Macromedia's Chief Software Architect Kevin Lynch and Adobe's CEO Bruce Chizen made it clear to MXDJ (http://mxdj.sys-con.com/read/49240.htm) and the San Francisco Chronicle respectively that the name of the combined company after Adobe had purchased Macromedia was going to be Adobe pure and simple. Or, as the FAQ promptly displayed on the web phrased it (www.adobe.com/aboutadobe/invrelations/ adobeandmacromedia_faq.html#q6): What Will Be The Name of the Combined C... (more)

The Five Characteristics of Cloud Computing

In the previous article Cloud Equals SaaS, Grid, Utility Computing, Hosting...? I made the following statement: "SaaS is one of the three possible Cloud Computing delivery modes; however, to be considered Cloud Computing, any of those delivery modes must have certain specific characteristics" So, in this article we will look at those specific characteristics that define exactly what is Cloud Computing, so that next time you will be able to evaluate if a specific offer is truly Cloud Computing, or simply a pre-existing offering that has the Cloud label slapped on it. We can state that Cloud Computing allows business to increase IT capacity (or add capabilities) on the fly and in real time (Internet-enabled), without investing in new infrastructure, training new personnel or licensing new software, and as a pay-per-use service. However, the above definition is not comple... (more)

The Next Chapter in the Virtualization Story Begins

Cloud Expo Europe €550 Savings here! Cloud Expo West $800 Savings here! Cloud Computing Journal recently caught up with Pete Malcolm, CEO of cloud management innovators Abiquo - a major new player in the fast-emerging Cloud ecosystem and Platinum Plus Sponsor of 6th Cloud Expo being held in Prague, the Czech Republic, 21-22 June 2010. Malcolm is keynoting at the event. His theme will be "An Open Cloud Ecosystem - the Gathering Storm." Explore Cloud Expo Sponsorship & Exhibit Opportunities ! Abiquo was also Platinum Plus Sponsor of the 5th International Cloud Expo held April 19-21, 2010 at the Jacob Javits Convention Center in New York City Cloud Computing Journal: How would you define the difference between Private clouds and Public Clouds, and why is the distinction so important in the context of Cloud Computing? Pete Malcolm: Actually, I think people get rather too hun... (more)

Ellison Announces "There Will Be Job Losses"

SYS-CON Live Coverage of PeopleSoft SYS-CON Live Coverage of Oracle PeopleSoft Capitulates, Falls to Oracle Oracle-PeopleSoft: Stress in Silicon Valley (December 13, 2004   9:18 AM) Speaking on CNBC, Larry Ellison this morning conceded what everyone in Silicon Valley had been fearing, in the wake of a successful bid by Oracle for PeopleSoft: "There will be some job losses at PeopleSoft and there will be some job losses at Oracle." He was speaking after announcing, prior to the opening of the markets in New York, that PeopleSoft's board over the weekend have now agreed that Oracle can acquire 100% of PeopleSoft's stock at a price of $26.50, up from the $24 offer which Oracle had until today always maintained was its "best and final" offer. In the acquisition agreement thrashed out over the weekend, Oracle and PeopleSoft have agreed to drop legal actions against each ... (more)

Analysis: Symantec Buys Veritas, Still Has Acquisition Itch

Breaking News: Symantec To Buy Veritas Symantec, the consumer anti-virus house, is buying Veritas, the enterprise storage and backup manager, for $13.5 billion in stock. The price works out to roughly $30.75 a share, better than a $5 premium over Veritas' closing price on Friday before trades shot up on rumors Monday and the story leaked to the New York Times on Tuesday (please see photo below). Actually Veritas has spent much of the past year way below 25 bucks having yielded both its reputation as a premier growth stock and its 52-week high of $40.68. Symantec's stock, on the other hand, is currently a hot commodity, up 100% in the last year on the back on security concerns. At least it was until news of the impending deal broke. In the last few days Symantec has lost more than $7.75 a share, almost 25% of its value, a factor that reportedly complicated final negoti... (more)

ORACLE BEA - Oracle Pounces!

(October 12, 2007) - "Oracle is prepared to proceed immediately," says the official letter delivered today to the Board of Directors of BEA by Oracle, which is proposing to acquire BEA for $17.00 per share in cash - a 25% premium over yesterday's closing price of $13.62. "We have made a serious proposal including a substantial premium for BEA," said Oracle President Charles Phillips. "We believe our all cash offer provides the best value for BEA's shareholders and the best home for BEA's employees and customers," Phillips continued. "This proposal is the culmination of repeated conversations with BEA's management over the last several years. We look forward to completing a friendly transaction as soon as possible." Oracle has been eyeing BEA since at least 2004 and analysts had been predicting since the summer that either private equity firms or Oracle were almost ... (more)

In 2014 Big Data Investments Will Account for Nearly $30 Billion - Eventually Accounting for $76 Billion by 2020 End

DALLAS, Aug. 21, 2014 /PRNewswire-iReach/ -- Amid the proliferation of real time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data has found a host of vertical market applications, ranging from fraud detection to R&D. Photo - http://photos.prnewswire.com/prnh/20140821/138541 "Big Data Market: 2014 – 2020 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts" Key Findings: In 2014 Big Data vendors will pocket nearly $30 Billion from hardware, software and professional services revenues Big Data investments are further expected to grow at a CAGR of nearly 17% over the next 6 years, eventually accounting for $76 Billion by the end of 2020 The market is ripe for acquisitions of pure-play Big Data startups, as competition heats up between IT incumbents Nearly every large scale IT ven... (more)

Novell to Acquire SUSE LINUX

Novell announced this week that it will acquire SUSE LINUX in a $210 million cash deal subject to regulatory approval and the winding up of shareholder agreements. "This is fantastic news for the Linux Community," observes LWM editor-in-chief Kevin Bedell. "With the stability and name power of Novell and IBM behind SUSE LINUX, I believe we are on the verge of dramatic growth for Linux in the enterprise. Coupled with Novell's earlier acquisition of Ximian, I believe the acquisition of SUSE positions Novell extremely well for next 5-10 years." "What we are seeing today is a statement," Bedell continues. "It's a statement aimed at the corporate world telling them that Linux is now a stable, supported application with a long future in front of it. This is no less a statement than when IBM purchased Lotus Notes - after which Lotus Notes installations increased from about... (more)

ORACLE BEA - Round-Up of Early Responses

(October 12, 2007) - Dana Gardner says: 'Someone had to pull the trigger, and few companies could better leverage and extend the value of BEA than...Oracle.' Jeff Schneider says: 'It is interesting to look at the list of companies that [still] didn't get acquired...The odd balls include: Sybase, Tibco, Cognos, Adobe, Citrix, BMC, Red Hat and Computer Associates. In my opinion, these companies need to find a home - and soon.' The industry is responding fast and furiously to the news that Oracle has pounced on BEA, which is hopes to acquire for just $6.6BN after eyeing it up ever since 2004. Gardner continues:"Speculation has swirled for years that BEA was going to have a tougher time remaining independent. But the circling buzzard moves by activist investor Carl Icahn put the pressure on those interested in BEA to move before Icahn managed to jack the price up -- or fo... (more)

Microsoft-Nokia: An Open Letter from Ballmer and Elop

In an Open Letter published yesterday, September 2, 2013, on The Official Microsoft Blog at Microsoft's TechWeb site, Steve Ballmer and Stephen Elop wrote to Microsoft stakeholders the following: "Nokia and Microsoft have always dreamed big – we dreamed of putting a computer on every desk, and a mobile phone in every pocket, and we’ve come a long way toward realizing those dreams. Today marks a moment of reinvention. Nokia has an identity spanning 150 years of heritage, innovation, excellence, and change which began and will continue in Finland and around the world. From humble beginnings as a paper mill factory, to manufacturing rubber boots and car tires, and then to mobile phones, reinvention is in Nokia’s blood. Nokia will now write its next chapter, focused on enabling mobility through its leadership in networking, mapping & location, and advanced technologies. For... (more)

Microsoft-Yahoo! - Full Text of the Letter to Yahoo!'s Board of Directors

Microsoft Corp. today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. SYS-CON.com here brings you the full text of the letter that Microsoft sent to Yahoo!'s Board of Directors: January 31, 2008 Board of Directors Yahoo! Inc. 701 First Avenue Sunnyvale, CA 94089 Attention: Roy Bostock, Chairman Attention: Jerry Yang, Chief Executive Officer Dear Members of the Board: I am writing on behalf of the Board of Directors of Microsoft to make a proposal for a business combination of Microsoft and Yahoo!. Under our proposal, Microsoft would acquire all of the outstanding shares of Yahoo! common stock for per share consideration of $31 based on Microsoft's closing share price on January 31, 20... (more)