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	<title>WebProNews &#187; Acquisition</title>
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	<link>http://www.webpronews.com</link>
	<description>Breaking News in Tech, Search, Social, &#38; Business</description>
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		<title>LinkedIn Reportedly Buys Pulse For More Than $50 Million</title>
		<link>http://www.webpronews.com/linkedin-reportedly-buys-pulse-for-more-than-50-million-2013-03</link>
		<comments>http://www.webpronews.com/linkedin-reportedly-buys-pulse-for-more-than-50-million-2013-03#comments</comments>
		<pubDate>Tue, 12 Mar 2013 13:58:49 +0000</pubDate>
		<dc:creator>Zach Walton</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Alphonso Labs]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[Pulse]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=220554</guid>
		<description><![CDATA[The popular newsreader Pulse brings in 20 million users a day so it stands to reason that somebody would want to acquire such an audience. The only question that remained is who would come out on top in acquisition negotiations. &#8230;]]></description>
			<content:encoded><![CDATA[<p>The popular newsreader <a href="http://www.webpronews.com/tag/pulse">Pulse</a> brings in 20 million users a day so it stands to reason that somebody would want to acquire such an audience. The only question that remained is who would come out on top in acquisition negotiations. We now may have our answer. </p>
<p><a href="http://allthingsd.com/20130311/linkedin-to-buy-pulse-newsreader-for-more-than-50m/">All Things D</a> reports that LinkedIn will purchase Alphonso Labs, the team behind the Pulse newsreader, for anywhere between $50 to $100 million. The business-minded social network reportedly beat out Microsoft and Yahoo, both of which were also interested in buying it. </p>
<p>None of this is confirmed as LinkedIn and Alphonso Labs are both remaining silent. We should be hearing something later this week, however, if the deal went ahead smoothly. </p>
<p>Unlike some acquisitions, I can&#8217;t see LinkedIn killing the Pulse newsreader. Instead, it&#8217;s more likely that LinkedIn will use the Pulse team&#8217;s design skills to redesign its own personalized news feed.</p>
<p>We&#8217;ll continue to watch this story and bring you the official details of the deal when more is known. Until then, just imagine a LinkedIn newsfeed that looks less like this: </p>
<p><img src="http://cdn.ientry.com/sites/webpronews/article_pics/linkedinnewsfeed.png" alt="Pulse LinkedIn buy" /></p>
<p>and more like this: </p>
<p><img src="http://cdn.ientry.com/sites/webpronews/article_pics/pulsenewsreader.png" alt="Pulse LinkedIn Buy" /></p>
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		<title>Samsung Buys NeuroLogica, a Medical Imaging Equipment Manufacturer</title>
		<link>http://www.webpronews.com/samsung-buys-neurologica-a-medical-imaging-equipment-manufacturer-2013-01</link>
		<comments>http://www.webpronews.com/samsung-buys-neurologica-a-medical-imaging-equipment-manufacturer-2013-01#comments</comments>
		<pubDate>Tue, 29 Jan 2013 20:55:50 +0000</pubDate>
		<dc:creator>Sean Patterson</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Acquisitions ]]></category>
		<category><![CDATA[CT scanners]]></category>
		<category><![CDATA[Medical Imaging]]></category>
		<category><![CDATA[NeuroLogica]]></category>
		<category><![CDATA[Samsung]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=213826</guid>
		<description><![CDATA[Samsung Electronics America this week announced that it has agreed to acquire NeuroLogica, a medical imaging equipment company. The company is most well-known for developing portable CT scanners. The price Samsung is paying for the company is unknown, as no &#8230;]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.webpronews.com/tag/samsung">Samsung</a> Electronics America this week announced that it has agreed to acquire NeuroLogica, a medical imaging equipment company.  The company is most well-known for developing portable CT scanners.</p>
<p>The price Samsung is paying for the company is unknown, as no details of the sale were disclosed.  Samsung did state, however, that the <a href="http://www.webpronews.com/tag/acquisitions">acquisition</a> is a part of the company&#8217;s expansion of its medical imaging business.  The company has dedicated itself to the nebulous goal of exploring &#8220;new avenues of growth in the healthcare business by enhancing medical imaging diagnosis&#8221; by the year 2020.  From the Samsung statement:</p>
<blockquote><p><em>The acquisition of NeuroLogica is another important step in the expansion of Samsung’s medical imaging business.  Samsung will continue to strengthen its capabilities and product portfolio to establish itself as a trusted leader in the health and medical equipment industry.  The company plans to leverage its global brand awareness and world-leading technology in consumer electronics, IT and communications with NeuroLogica in order to expand medical imaging business.</em></p></blockquote>
<p>NeuroLogica was founded in 2004 and is based in the Boston, Massachusetts metro area.  It designs and manufacturers medical imaging equipment for hospitals and private health practices.  Its products include the CereTom and BodyTom portable computed tomography (CT) scanners.</p>
<p>(Image courtesy <a href="http://www.neurologica.com/products/bodytom">NeuroLogica</a>)</p>
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		<title>LinkedIn Competitor Viadeo Acquires &#8220;#1 Hunting App&#8221; Pealk</title>
		<link>http://www.webpronews.com/linkedin-competitor-viadeo-acquires-1-hunting-app-pealk-2013-01</link>
		<comments>http://www.webpronews.com/linkedin-competitor-viadeo-acquires-1-hunting-app-pealk-2013-01#comments</comments>
		<pubDate>Mon, 14 Jan 2013 20:50:59 +0000</pubDate>
		<dc:creator>Sean Patterson</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Acquisitions ]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[Pealk]]></category>
		<category><![CDATA[Viadeo]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=211205</guid>
		<description><![CDATA[Today Viadeo, a professional networking social network similar to LinkedIn, announced it has acquired Pealk, the self-styled &#8220;#1 Hunting App&#8221; for LinkedIn. Pealk was an app designed for HR and managers to cull LinkedIn profiles for potential recruits. It allowed &#8230;]]></description>
			<content:encoded><![CDATA[<p>Today Viadeo, a professional networking social network similar to <a href="http://www.webpronews.com/tag/linkedin">LinkedIn</a>, announced it has acquired <a href="http://www.webpronews.com/tag/pealk">Pealk</a>, the self-styled &#8220;#1 Hunting App&#8221; for LinkedIn.</p>
<p>Pealk was an app designed for HR and managers to cull LinkedIn profiles for potential recruits.  It allowed users to sort and track recruits, similar to LinkedIn&#8217;s own paid-for headhunting service.  Viadeo claims 50 million worldwide users for its service.</p>
<p>The transaction wouldn&#8217;t be particularly worth mentioning if Pealk hadn&#8217;t had its <a href="http://www.webpronews.com/1-hunting-app-pealk-indignant-at-linkedin-ban-2012-06">LinkedIn API access yanked</a> in the summer of 2012.  LinkedIn claimed at the time that Pealk was abusing its API access and violating LinkedIn&#8217;s API Terms of Use.</p>
<p>As the entire Pealk project had been built on LinkedIn, the company promptly discontinued its app after its API access was revoked.  For six months no more word was heard of Pealk, and LinkedIn never released details on why it booted Pealk.  Though today&#8217;s announcement did not include the amount of the purchase price, it is almost certainly less than Pealk&#8217;s founders might have hoped for.  However, any sale of the languishing company must be better than none at all.</p>
<p>“We’re very proud and pleased with this buyout, which we consider to be the happy ending to an exciting adventure,” said Boris Golden, Pealk CEO, in a press statement.  “It’s also the beginning of a new adventure for us, since there are plenty of applications just waiting to be invented that will give professionals more ways to unlock Viadeo’s full potential!”</p>
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		<title>Lenovo Acquires Cloud Computing Company Stoneware</title>
		<link>http://www.webpronews.com/lenovo-acquires-cloud-computing-company-stoneware-2012-09</link>
		<comments>http://www.webpronews.com/lenovo-acquires-cloud-computing-company-stoneware-2012-09#comments</comments>
		<pubDate>Tue, 18 Sep 2012 16:59:16 +0000</pubDate>
		<dc:creator>Sean Patterson</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Acquisitions ]]></category>
		<category><![CDATA[Cloud Computing]]></category>
		<category><![CDATA[cloud computing solutions]]></category>
		<category><![CDATA[lenovo]]></category>
		<category><![CDATA[stoneware]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=192800</guid>
		<description><![CDATA[Lenovo announced today that it has acquired cloud computing services company Stoneware Inc. Lenovo states that cloud computing solutions are now a key component of its product portfolio. The company expects the acquisition to speed along its offerings, particularly &#8220;the &#8230;]]></description>
			<content:encoded><![CDATA[<p>Lenovo announced today that it has acquired cloud computing services company Stoneware Inc.  Lenovo states that cloud computing solutions are now a key component of its product portfolio.  The company expects the acquisition to speed along its offerings, particularly &#8220;the ability to provide secure content across multiple devices in education and government.&#8221;  </p>
<p>Stoneware is a privately held company that develops cloud computing and classroom management software.  It is currently headquartered in Indianapolis, Indiana and has 67 employees.  The price paid for Stoneware has not been disclosed, but Lenovo did state the acquisition &#8220;is not material to Lenovo&#8217;s earnings.&#8221;</p>
<p>“Adding Stoneware cloud computing into the Lenovo line up presents a significant opportunity to leverage their success, and enhance our PC Plus offerings, all to the benefit of our customers,“ said Peter Hortensius, president of the product group at Lenovo.  “We have a history of innovation and embracing new technologies, and the talented team at Stoneware will fit in perfectly with our long-term strategy.&#8221;</p>
<p>It seems that Lenovo will be focusing on the enterprise side of its business.  Along with the acquisition announcement, Lenovo stated that it is &#8220;aggressively expanding its product offerings&#8221; to people and businesses, specifically emphasizing connectedness across multiple devices.  Lenovo expects to leverage Stoneware&#8217;s software to help users connect PCs, tablets, and smartphones.  The company &#8220;aims to offer&#8221; secure, end-to end solutions for business customers.</p>
<p>“We are pleased to be joining forces with Lenovo,” said Rick German, CEO of Stoneware.  “Lenovo is one of the largest and fastest growing technology companies in the world and for Stoneware, a small company with roots in the heartland of the United States, we are delighted to be given the opportunity to deliver real benefit to customers on a global stage.”</p>
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		<title>HootSuite Acquires Social Management Startup Seesmic</title>
		<link>http://www.webpronews.com/hootsuite-acquires-social-management-startup-seesmic-2012-09</link>
		<comments>http://www.webpronews.com/hootsuite-acquires-social-management-startup-seesmic-2012-09#comments</comments>
		<pubDate>Thu, 06 Sep 2012 13:11:37 +0000</pubDate>
		<dc:creator>Sean Patterson</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Acquisitions ]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[HootSuite]]></category>
		<category><![CDATA[Seesmic]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[social media marketing]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=190597</guid>
		<description><![CDATA[HootSuite announced today that it has acquired Seesmic, a competitor in the social marketing management software space. Both companies develop platforms that allow people and businesses to coordinate and monitor their marketing across multiple social network platforms. &#8220;We&#8217;ve always been &#8230;<br /><a href="http://aj.600z.com/aj/136480/0/cc?z=1"><img src="http://aj.600z.com/aj/136480/0/vc?z=1&dim=105992&kw=&click=" width="615" height="80" border="0"></a>]]></description>
			<content:encoded><![CDATA[<p>HootSuite announced today that it has acquired Seesmic, a competitor in the social marketing management software space.  Both companies develop platforms that allow people and businesses to coordinate and monitor their marketing across multiple social network platforms.</p>
<p>&#8220;We&#8217;ve always been big fans of Ryan Holmes and the HootSuite team, since the days we were all pioneering the social media landscape.” said Seesmic CEO Loïc Le Meur.  “We&#8217;re thrilled today to announce that Seesmic is joining HootSuite, and we&#8217;re excited for our users: they are becoming part of the HootSuite family, and they will be able to continue to build their brand and social business.”</p>
<p>HootSuite and Seesmic were founded around the same time in 2008, though it took a year for Seesmic to move into its social network marketing platform development.  HootSuite focuses heavily on marketing its services to its business clients, which it says includes 79 of the Fortune 100 companies.  Over the past year, HootSuite has <a href="http://www.webpronews.com/hootsuite-adds-yammer-to-its-app-directory-2012-08">added support</a> for many niche and business social platforms.</p>
<p>“I have always had a lot of respect for Seesmic’s CEO, Loïc Le Meur, and the role Seesmic has played in advancing social business.” said HootSuite CEO Ryan Holmes.  “We are thrilled to welcome Seesmic’s users into the HootSuite family.”</p>
<p>Details of the acquisition, including how much HootSuite paid for Seesmic, have not been disclosed.  In addition, HootSuite was vague on what the future holds for the Seesmic client.  HootSuite did, however, invite Seesmic business customers to subscribe to HootSuite Pro, suggesting that Seesmic may be shut down or rolled into HootSuite in some way.  Whatever the case, its clear that HootSuite acquired Seesmic for its talent and clients, not its platform.</p>
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		<title>Twitter Buys App Development Tool Clutch.io</title>
		<link>http://www.webpronews.com/twitter-buys-app-development-tool-clutch-io-2012-08</link>
		<comments>http://www.webpronews.com/twitter-buys-app-development-tool-clutch-io-2012-08#comments</comments>
		<pubDate>Mon, 13 Aug 2012 19:45:08 +0000</pubDate>
		<dc:creator>Sean Patterson</dc:creator>
				<category><![CDATA[Developer]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Acquisitions ]]></category>
		<category><![CDATA[Clutch]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=186758</guid>
		<description><![CDATA[Clutch.io, a company that provides software to help iOS developers design and test their apps, announced today that it has been acquired by Twitter. On its website, the company describes itself as &#8220;an easy to integrate library for native iOS &#8230;]]></description>
			<content:encoded><![CDATA[<p>Clutch.io, a company that provides software to help iOS developers design and test their apps, announced today that it has been acquired by Twitter.  On its website, the company describes itself as &#8220;an easy to integrate library for native iOS applications designed to help you develop faster and deploy instantly.&#8221;  In a <a href="http://blog.clutch.io/post/29340796276/clutch-joins-the-flock">post</a> on the company&#8217;s blog, Clutch announced that its employees are working with Twitter&#8217;s growth and international team, starting today.  From the blog post:</p>
<blockquote><p>We know that there are many of you who love the Clutch Framework and Clutch A/B Testing, and you may be wondering: what happens to my apps?  We’re happy to announce that over the coming weeks we will make available everything you need to run Clutch.io on your own servers, so that even after our hosted service is no longer running, you can continue to operate it on your own.  We plan on leaving our hosted service active and supported until November 1st.  Also remember that all of our libraries are designed to fail gracefully when the service cannot be reached, so your users will never notice a thing.</p></blockquote>
<p>As noted above, developers have until the end of October to transition their software away from Clutch.io or begin hosting the service on their own servers.  The blog statement ends with a request to follow the two former Clutch developers on Twitter.  <a href="https://twitter.com/ericflo">Eric Florenzano</a> and <a href="https://twitter.com/etmaguire">Eric Maguire</a> both started work at Twitter today.  Both were also co-founders of Convore, a now-defunct web chat application funded by Y Combinator.</p>
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		<title>Google Acquires Sparrow To Make Gmail Better</title>
		<link>http://www.webpronews.com/google-acquires-sparrow-to-make-gmail-better-2012-07</link>
		<comments>http://www.webpronews.com/google-acquires-sparrow-to-make-gmail-better-2012-07#comments</comments>
		<pubDate>Fri, 20 Jul 2012 19:39:43 +0000</pubDate>
		<dc:creator>Zach Walton</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Email]]></category>
		<category><![CDATA[gmail]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Sparrow]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=183000</guid>
		<description><![CDATA[In Google&#8217;s earnings report yesterday, the company mentioned that they would be making smaller acquisitions throughout the year. One of those acquisitions happened today. Sparrow, developers of a popular email app for Mac and iOS, was acquired by Google today. &#8230;]]></description>
			<content:encoded><![CDATA[<p>In <a href="http://www.webpronews.com/google-announces-strong-q2-earnings-2012-07">Google&#8217;s earnings report yesterday</a>, the company mentioned that they would be making smaller acquisitions throughout the year. One of those acquisitions happened today. </p>
<p>Sparrow, developers of a popular email app for Mac and iOS, was <a href="http://sprw.me/">acquired by Google today</a>. Sparrow is already a really cool email application, so it should be interesting to see how Gmail evolves with the acquisition. Sparrow fans will also be happy to know that the software will remain available and they will continue to offer support even while they&#8217;re working on new stuff with Google. Unfortunately, both apps will <a href="http://arstechnica.com/business/2012/07/google-acquires-sparrow-integrates-it-into-the-gmail-team/">not receive any new features</a> according to Ars Technica. </p>
<p>The details of the acquisition were not made apparent, but it was probably for at least a few million. If Socialcam can sell for $60 million to Autodesk, you can imagine that Google would pay the equivalent, or more, for an app as popular as Sparrow. </p>
<p><iframe src="http://player.vimeo.com/video/32852176?title=0&amp;byline=0&amp;portrait=0" width="616" height="347" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen></iframe>
<p><a href="http://vimeo.com/32852176">Sparrow Mail for Mac</a> from <a href="http://vimeo.com/user2649817">domleca</a> on <a href="http://vimeo.com">Vimeo</a>.</p>
<p>Now that Thunderbird is now all but dead, Google has a lot of room to make Gmail one of the most innovative email clients on the Web. Their acquisition of Sparrow seems to confirm their intentions of creating something big. It also makes us think that a Sparrow app for Android might be in the works somewhere down the line. Of course, they could just integrate Sparrow into Gmail for Android at no cost. </p>
<p><strong>UPDATE: </strong></p>
<p>We reached out to Google and received the following statement: </p>
<blockquote><p><em>“The Sparrow team has always put their users first by focusing on building a seamlessly simple and intuitive interface for their email client. We look forward to bringing them aboard the Gmail team, where they’ll be working on new projects.”</em></p></blockquote>
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		<title>Twitter Could be Acquiring Sense Networks</title>
		<link>http://www.webpronews.com/twitter-could-be-acquiring-sense-networks-2012-07</link>
		<comments>http://www.webpronews.com/twitter-could-be-acquiring-sense-networks-2012-07#comments</comments>
		<pubDate>Thu, 05 Jul 2012 13:48:22 +0000</pubDate>
		<dc:creator>Shawn Hess</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Sense Networks]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Twitter Acquisition]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=179726</guid>
		<description><![CDATA[The company has given no official word on the matter, but there&#8217;s a rumor floating around that Twitter might be interested in acquiring New York-based Sense Networks. According to Tech Crunch, the two companies are hammering out the details of &#8230;]]></description>
			<content:encoded><![CDATA[<p>The company has given no official word on the matter, but there&#8217;s a rumor floating around that Twitter might be interested in acquiring New York-based Sense Networks.</p>
<p>According to Tech Crunch, <a href="http://techcrunch.com/2012/07/03/rumor-twitter-to-acquire-sense-networks-to-target-twitter-ads-locally/">the two companies are hammering out the details of a possible acquisition</a>, which could be wrapped up before the end of June. </p>
<p><strong>Here&#8217;s how <a href="http://www.sensenetworks.com/company/about-the-company/">Sense Networks</a> describes what they deliver for clients:</strong></p>
<blockquote><p><em>Sense Networks applies big science to mobile location data for predictive analytics in advertising. Sense Networks adds rich user behavior to location data to deliver actionable, predictive targeting “beyond place.”</p>
<p>The company’s technology platform, MacroSense, receives streaming location data from mobile phones in real-time, processes the data in the context of billions of historical data points, and analyzes it to better understand human activity.</em></p></blockquote>
<p>Currently, Sense Network offers two products based on the MacroSense platform. The first is <a href="http://www.sensenetworks.com/company/about-the-company/">AdMatch</a>, a mobile ad network that uses predictive location and behavioral targeting to match consumers to the most relevant offers from local merchants. </p>
<p>The second is <a href="http://www.sensenetworks.com/company/about-the-company/">AudienceSense</a>, which helps publishers better monetize their audience by building predictive, location-centric behavioral segments on their own data.</p>
<p>Any additional details on the rumored acquisition are hard to come by, but we&#8217;ll keep you posted on any further news that comes out of the negotiations. Hopefully we&#8217;ll hear something soon.</p>
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		<title>VMware to Acquire DynamicOps, Inc.</title>
		<link>http://www.webpronews.com/vmware-to-acquire-dynamicops-inc-2012-07</link>
		<comments>http://www.webpronews.com/vmware-to-acquire-dynamicops-inc-2012-07#comments</comments>
		<pubDate>Tue, 03 Jul 2012 13:52:24 +0000</pubDate>
		<dc:creator>Shawn Hess</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[cloud computing solutions]]></category>
		<category><![CDATA[DynamicOps]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=179045</guid>
		<description><![CDATA[VMware out of PaloAlto, California just announced a definitive agreement to acquire DynamicOps, Inc., a provider of cloud automation solutions and management of IT services across diverse environments. While the terms of the deal have not yet been disclosed, the &#8230;]]></description>
			<content:encoded><![CDATA[<p>VMware out of PaloAlto, California just <a href="http://www.vmware.com/company/news/releases/vmw-dynamicops-07-02-12.html">announced a definitive agreement to acquire DynamicOps, Inc.,</a> a provider of cloud automation solutions and management of IT services across diverse environments. </p>
<p>While the terms of the deal have not yet been disclosed, the acquisition is expected to be complete by the end of the third quarter in 2012. </p>
<p><strong>Here&#8217;s what <a href="http://www.vmware.com/">VMware</a> had to say about the acquisition in the news release on their website:</strong></p>
<blockquote><p><em>VMware believes that customers will benefit most by a standardized architecture, but will build solutions that make it easy for customers to choose the model that best works for their needs, including heterogeneous environments/management.  Customers that have standardized their private and public clouds on VMware vSphere can continue to rely on VMware vCloud Director to enable aggregation and management of virtual and cloud resources.</p>
<p>For customers whose requirements for managing and provisioning resources extend beyond VMware-only environments, DynamicOps builds on the capabilities of vCloud Director by enabling customers to consume multi-cloud resources (e.g., physical environments, Hyper-V- and Xen-based hypervisors, and Amazon EC2). DynamicOps’ policy-based service governor capabilities automate and control how applications and users are provisioned across physical and heterogeneous cloud infrastructure resources.</em></p></blockquote>
<p><strong>Ramin Sayar, vice president and general manager of Virtualization and Cloud Management at VMware comments on the acquisition of DynamicOps:</strong></p>
<p><em>“As IT organizations evolve from builders to brokers of services many seek to provide access to diverse cloud resources in a controlled, managed fashion,” </em></p>
<p><em>“DynamicOps’ multi-cloud and multi-platform capabilities help to strengthen VMware’s position as the infrastructure and management vendor of choice for cloud computing.”</em></p>
<p><strong>Rich Krueger, CEO of <a href="http://www.dynamicops.com/">DynamicOps</a> comments on joining the VMware team:</strong></p>
<p><em>“VMware and DynamicOps share a common vision for dramatically simplifying the management and provisioning of IT resources in the Cloud era,” </em></p>
<p><em>“I’m excited about DynamicOps joining VMware, and expect our customers to benefit from increased investment and support in the solutions they rely on to optimize their delivery of IT-as-a-service.”</em></p>
<p>DynamicOps is privately held company based in Burlington, Massachusetts. It is expected that VMware will integrate DynamicOps&#8217; technologies into their current products and solutions to offer even greater benefits to existing and prospective clients. </p>
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		<title>Apple Supplier Elpida Bought By Micron Technology</title>
		<link>http://www.webpronews.com/apple-supplier-elpida-bought-by-micron-technology-2012-07</link>
		<comments>http://www.webpronews.com/apple-supplier-elpida-bought-by-micron-technology-2012-07#comments</comments>
		<pubDate>Tue, 03 Jul 2012 13:34:48 +0000</pubDate>
		<dc:creator>Shaylin Clark</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[DRAM]]></category>
		<category><![CDATA[Elpida]]></category>
		<category><![CDATA[Micron]]></category>

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		<description><![CDATA[Micron Technology has announced that they have entered into a sponsor agreement to acquire Elpida Memory, Inc. for ¥60 billion ($750 million). Under the agreement Micron assumes all of Elpida&#8217;s assets, including its 65% stake in another chip manufacturer, Rexchip. &#8230;]]></description>
			<content:encoded><![CDATA[<p>Micron Technology has announced that they have entered into a sponsor agreement to acquire Elpida Memory, Inc. for ¥60 billion ($750 million). Under the agreement Micron assumes all of Elpida&#8217;s assets, including its 65% stake in another chip manufacturer, Rexchip. Between the Elpida acquisition and a separate purchase of Powerchip&#8217;s 24% stake in Rexchip, Micron gains an 89% stake in Rexchip.</p>
<p>Of course, Micron also inherits Elpida&#8217;s financial troubles. Elpida has struggled badly in recent months, and in February the company filed for bankruptcy protection on the $1.89 billion it had coming due in April. According to Micron&#8217;s press release, this acquisition will &#8220;enable stable payment of creditor claims and help to streamline approval of the reorganization plan by the creditors and the Tokyo District Court.&#8221;</p>
<p>Elpida is a one of the world&#8217;s leading manufacturers of Dynamic Random Access Memory (DRAM), and is a major supplier of DRAM chips to Apple. Elpida&#8217;s chips go in some of Apple&#8217;s most popular products, including the new iPad and the iPhone 4S.</p>
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