By
Paula ParisiMay 27, 2022
Broadcom announced it will acquire VMware in a cash-and-stock transaction that values VMware at $61 billion. The deal, which expands semiconductor supplier Broadcom into enterprise software, is among the top technology transactions of all time, right behind Microsoft’s pending $69 billion purchase of Activision Blizzard and Dell’s 2016 acquisition of EMC for $67 billion. Broadcom will also assume $8 billion of VMware debt. The news sent shares of Broadcom up 2 percent and VMware more than 1 percent early Thursday. VMware enterprise products optimize client-side servers as well as cloud servers. Continue reading Broadcom Targets Software with $61 Billion VMware Purchase
By
Debra KaufmanMay 23, 2017
Voyager, Facebook’s telecom infrastructure effort, is a side project, but it’s still rattling the telecom industry, which worries that revenues from its specialized products are at risk. Facebook and European telecom company Telia tested Voyager over the latter’s thousand-kilometer-telecom network, and German-based ADVA Optical Networking, which is manufacturing the device, has nine potential customers trying it out. Also testing Voyager is Paris-based Orange, working with Equinix and African telecom company MTN. Continue reading Facebook’s Open-Source Telecom Project Challenges Telcos
By
Rob ScottOctober 27, 2016
Qualcomm, known for its mobile processors and wireless modems, has agreed to purchase NXP Semiconductors for $39 billion. Including debt, the acquisition is valued at $47 billion, representing the largest semiconductor deal to date. The agreement exceeds the Avago Technologies $37 billion deal to buy Broadcom Corp. In terms of pure tech deals, the agreement lands behind only Dell’s $60 billion purchase of EMC. Dutch company NXP, formerly Philips Semiconductors, is a leader in the growing automotive-chip market, and Qualcomm wants to supply its chips for autonomous vehicles. Continue reading Qualcomm Agrees to Buy NXP Semiconductors for $39 Billion
By
Debra KaufmanMarch 16, 2016
IBM estimates that smartphones and devices related to the Internet of Things will generate 44 zettabytes (exabytes to the thousandths) by 2020. To handle all that information, IBM is looking at storage solutions that combine machine learning and artificial intelligence, both of which excel at finding patterns. Other companies are looking for solutions, including Pure, which is combining flash storage and engineering to create a storage unit that currently holds 16 petabytes, or five times most storage devices. Continue reading Users Seek New Storage and Cloud Solutions as Data Explodes
By
Debra KaufmanMarch 8, 2016
By now, everyone knows the general outline of the argument between Apple and the FBI, over the latter’s request for a backdoor into the San Bernardino shooter’s iPhone. Apple’s refusal to do so has sparked a war of words and legal actions between Apple and other proponents of data protection/digital privacy and the government, as well as others who believe national security trumps digital privacy. More recently, at the RSA Conference, an information security event, more nuances were revealed. Continue reading RSA Conference Reveals More Nuances in FBI-Apple Battle
By
Debra KaufmanJanuary 5, 2016
The argument over who owns customers is over. “The customer will own himself more than ever,” says Ipsos executive Jake Dorn. “Who will own the data/metadata and who will make it actual? That’ll have a huge impact on the experience we see in the future.” TiVo executive Evan Young agrees. “We see people rebelling,” he says. “They’re shifting their habits to the media that suits their need, dropping on and off [outlets].” ICM’s Jonathan Perelman adds, “the consumer doesn’t care where it is or how it’s been made.” Continue reading Hollywood & Media: No One Owns Customers, Metadata Rules
By
Debra KaufmanOctober 15, 2015
The public cloud for software-as-a-service offerings, including back-end business services is catching fire, and Amazon and Google, which already run extensive public clouds, are well positioned to dominate in the arena. That’s despite Dell’s recent purchase of EMC, say the experts, because the two companies under EMC — VMware and Pivotal — although they are cloud computing companies, are not big players in the public cloud. Cloud platform services are expected to become a $44 billion market by 2020. Continue reading The Public Cloud is Inevitable, and Amazon Stands to Win Big
By
Ken WilliamsOctober 13, 2015
During a product unveiling in New York last week, Microsoft introduced new devices including a Surface Book laptop, the company’s latest Surface Pro tablet, big-screen Lumia smartphones that plug into displays for PC capabilities, and a $249 wearable fitness band. The press event also showcased Microsoft’s HoloLens augmented reality headset. While a focus on CE devices represents a shift for the software giant, hardware serves an integral role in a new corporate strategy that revolves around the Windows 10 operating system, designed to run on a variety of different devices. Continue reading Microsoft Unveils New Devices with Emphasis on Windows 10
By
Rob ScottOctober 12, 2015
It’s official. In the largest technology takeover in history, PC tech giant Dell will purchase cloud computing company EMC for $67 billion. Michael Dell is funding the deal with MSD Partners, Silver Lake and Temasek Holdings. He will become chairman and CEO of the combined company, which will be privately held. Joe Tucci is expected to step down as chief exec of EMC once the transaction closes between May and October of 2016. EMC presently owns 81 percent of virtualization software and services company VMware. Dell plans to pay $24.05 per share in cash, plus tracking stock in VMware. Continue reading Dell to Acquire EMC, Keep VMware as Publicly-Traded Company
The Entertainment Technology Center @ USC will announce the launch of “Production in the Cloud” today, a new project that brings together key media and cloud-resource leaders to develop guidelines and accelerate innovation and adoption of next-gen cloud-based content creation, production, and distribution tools and processes. Senior executives from the six major studios in coordination with Rackspace, EMC, EVault, Dell and other cloud companies convened recently to serve as governing body to collectively guide this process. Continue reading ETC Announces Launch of Production in the Cloud Project