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Yahoo Deal Could Put Verizon in Google and Facebook's League
July 25, 2016
Verizon has entered into a definitive agreement to acquire Yahoo's operating business for approximately $4.83 billion in cash. The deal, which comes on the heels of Verizon's $4.4 billion AOL purchase last year, will allow it to expand its digital advertising business. The purchase will provide Verizon with Yahoo's ad tech tools, search, email and messenger assets.
Verizon on Verge of $5B Deal for Yahoo Core Assets
July 22, 2016
Verizon reportedly is close to a deal to buy the core Web assets of Yahoo for $5 billion, which would end a months-long process of jockeying over the future of the struggling company. Verizon emerged as the winner of a lengthy bidding contest to acquire the assets, according to reports that surfaced Friday. An agreement is expected early next week.
Yahoo Posts Weak Earnings as Assets Sale Waiting Game Drags On
July 19, 2016
Yahoo on Monday reported second quarter earnings that fell just short of Wall Street estimates but left investors and analysts waiting to hear about progress in finding a strategic investment partner. Negotiations over the potential sale of the company's core assets are under way. The company reported earnings from operations of $39 million, or 9 cents a share in the second quarter.
Softbank Strong-ARMs Its Way Into Internet of Things
July 19, 2016
Softbank Group has agreed to buy British semiconductor maker ARM Holdings for about $31.4 billion in cash, the companies announced Monday. Softbank agreed to pay a hefty premium for ARM, with a price of about $67.28 per ARM share, which is a 42.9 percent premium over the $47.08 closing price as of Friday, the last business day before the deal was announced. The surprise move will help Softbank gain a solid IoT foothold.
Salesforce Wraps Up Demandware Acquisition
July 11, 2016
Salesforce on Monday announced it had completed its $2.8 billion acquisition of e-commerce cloud software platform Demandware. The deal "gives Salesforce the e-commerce piece to compete against Oracle, which already has e-commerce capabilities, as well as SAP," said Rebecca Wettemann, VP of research at Nucleus Research. "It also gives Salesforce a cloud transactional platform for B2C purchases."
Volkswagen Aims to Clear the Air With $15B US Settlement
June 28, 2016
Volkswagen on Tuesday announced that it has reached an agreement to settle claims arising from the emissions scandal that has plagued the company since its discovery two years ago. The company has agreed to set up a $10 billion funding pool to buy back or terminate leases of diesel vehicles sold in the United States. Volkswagen had used software to cheat on emissions tests.
Webpass Buy Lets Google Fiber Extend Its Tentacles
June 24, 2016
Google Fiber, the high-speed Internet unit of Alphabet, has agreed to buy Webpass, a San Francisco-based broadband service provider that operates in five major metropolitan areas of the U.S., Webpass announced Wednesday. The deal will allow the combined companies to accelerate the growth of high-speed Internet across the U.S., said Webpass President Charles Barr.
Tesla Shares Tank on SolarCity Merger Proposal
June 23, 2016
Shares of Tesla Motors fell sharply Wednesday after the company, helmed by Elon Musk, made an offer to buy SolarCity for $2.8 billion. Musk is the chairman and top shareholder of the struggling alternative energy provider. Tesla made the offer Monday, in a letter to SolarCity CEO Lyndon Rive, noting that Musk and Antonio Gracias would recuse themselves from voting on the proposal.
Microsoft Sees Fertile Ground in Cannabis Compliance
June 21, 2016
Microsoft has entered a partnership with Kind Financial to create an entity that will obtain government contracts to track seed-to-sale compliance in the legalized marijuana business. The new entity, Kind Government Solutions, will provide state, county and local municipalities with tracking information on marijuana sales to keep them in compliance with government regulations.
Amazon's Bold Indian Strategy
June 20, 2016
Amazon CEO Jeff Bezos recently announced an expansion of the company's investment in India to the tune of $3 billion -- that was in addition to the $2 billion in investments it announced in 2014. Bezos announced the new investment during the 41st annual U.S.-India Business Council Leadership Summit, which was attended by Indian Prime Minister Narendra Modi and several top business leaders.
The Microsoft-LinkedIn CRM Connection
June 14, 2016
With its $26 billion purchase of LinkedIn, Microsoft may be setting itself up to tackle Salesforce head-on for CRM dominance. The purchase also might help Microsoft compete more aggressively with other major CRM providers, such as SAP and Oracle. The LinkedIn purchase "is key to our bold ambition to reinvent productivity and business processes," CEO Satya Nadella told Microsoft employees.
Microsoft and LinkedIn Go All In
June 13, 2016
Microsoft on Monday announced an agreement to buy LinkedIn, the world's largest professional social media network, for $26.2 billion in cash. The acquisition furthers Microsoft's effort to extend the breadth of its content portfolio and to integrate its offerings into its platform of cloud services. The companies jointly announced the deal.
The Tricky Business of Crafting Solid Cloud SLAs
June 10, 2016
In the five years since the U.S. government put a clear emphasis on utilizing cloud technology, federal procurement offices have engaged in seemingly endless tinkering of contracting vehicles to promote cloud adoption. The core element of virtually every type of federal cloud procurement contract is the service level agreement, upon which billions of dollars of cloud investments are based.
Uber Scores Historic $3.5B Saudi Investment
June 2, 2016
Uber has nailed down a record $3.5 billion investment from the Saudi Arabian Public Investment Fund -- the largest-ever investment in a closely held technology firm. The investment is part of a deal that will allow Uber to expand its Middle East operations. Yasir Al Rumayyan, managing director of the fund, will take a seat on Uber's board of directors.
Microsoft, Xiaomi Become Office Mates
June 1, 2016
Microsoft on Tuesday announced plans to sell 1,500 mobile technology patents to China-based Xiaomi, in a deal that will expand both companies' access to new markets. Microsoft's office apps will gain a stronger foothold in China, while Xiaomi's smartphones will gain a stronger global presence. The agreement calls for Xiaomi to ship Microsoft Office and Skype on its Android smartphones and tablets.
Salesforce Picks AWS as Preferred Public Cloud Provider
May 31, 2016
Salesforce last week announced its selection of Amazon Web Services as its preferred public cloud infrastructure provider. The deal is worth $400 million. "For the first time, we'll be able to deliver our core services -- including Sales Cloud, Service Cloud, App Cloud, Community Cloud, Analytics Cloud and more -- for our international infrastructure expansion," said Salesforce cofounder Parker Harris.
What Will HPE Sell Next?
May 30, 2016
I joined a bunch of analysts in discussing Hewlett Packard Enterprise's next move at a secret conclave last week. The company had just announced the sale of its IT services, which basically undid much of Mark Hurd's work as CEO. It already had sold off PCs and printers, more than undoing Carly Fiorina's earlier efforts. Granted, HPE spun it like it was an acquisition.
Yahoo Bids Could Seriously Underwhelm
May 24, 2016
Bids for Yahoo's core assets were expected to come in at between $2 billion and $3 billion, far below prior estimates that it could fetch $4 billion to $8 billion at auction, according to a news report published last week. Verizon, which remains the leading candidate for Yahoo's assets, and other contenders met with CEO Marissa Mayer at the company's Sunnyvale, California, headquarters
Nokia Stages Smartphone Comeback
May 20, 2016
Nokia on Wednesday announced its return to the mobile phone and tablet business in connection with a larger agreement by Microsoft to sell its entry-level phone business to HMD Global and FIH Mobile for $350 million. Microsoft will sell its Hanoi, Vietnam, manufacturing facility to FIH Mobile. Nokia will grant HMD the exclusive global license to make Nokia-branded phones and tablets for 10 years.
AT&T Snags Quickplay for DirecTV Expansion
May 17, 2016
AT&T on Monday announced that it has agreed to buy Quickplay Media, which will serve as the backbone for DirecTV's upcoming multiplatform streaming video services. Quickplay, which supports AT&T's U-Verse TV Everywhere service, will support DirecTV Now, DirecTV Mobile and DirecTV Preview. The services will allow DirecTV content to be viewed on mobile phones, smart TVs, PCs and tablets.
Apple Invests $1B in Chinese Uber Competitor Didi Chuxing
May 16, 2016
Apple CEO Tim Cook on Monday met with executives from Didi Chuxing, just days after the company announced that it had received a US$1 billion investment from Apple. After arriving in Beijing, Cook tweeted out photos of himself taking a taxi with Jean Liu, the president of Didi Chuxing, and of her showing him the mobile app. Apple hosted a panel of iOS developers at the Apple Store in Beijing.
Charter-TWC Merger Clears Final Regulatory Hurdle
May 16, 2016
Charter Communications and Time Warner Cable last week announced that California regulators approved their planned merger following a series of hearings in which the companies agreed to open access to underserved communities. The California Public Utilities Commission voted unanimously to approve the merger, which requires the combined company to provide low-cost broadband access.
Apple Partners With SAP for Mobile App Dev
May 11, 2016
Apple and SAP last week announced an agreement to create applications for the iPhone and iPad using SAP's HANA data management platform as well as an iOS software development kit and training academy for outside developers and customers. The move marks Apple's latest attempt to break through to the enterprise market and comes at a challenging time for the iPhone and sluggish sales for tablets.
Ford, Microsoft Pour Cash Into Pivotal
May 10, 2016
Pivotal last week announced a $253 million round of Series C financing. Led by new investor Ford, together with Microsoft and previous investors GE, EMC and VMware, the deal is expected to close this month. Pivotal's customers include seven of the top 10 U.S. banks and three global automakers. Its agile-based approach lets enterprises build and operate software rapidly, the company said.
Google, Fiat Chrysler Team on Self-Driving Minivans
May 10, 2016
Google's Self-Driving Car Project and Fiat Chrysler last week announced that they would integrate autonomous vehicle technology into 2017 Chrysler Pacifica Hybrid minivans as part of Google's testing program. It is the first time Google has worked directly with a carmaker to integrate its self-driving technology into a passenger vehicle. It will add 100 Pacifica Hybrids to its test program.
Air Cargo Deal Gives Amazon More Control Over Deliveries
May 10, 2016
Amazon has entered a 10-year lease agreement with Atlas Air Worldwide Holdings, the aircraft company announced last week. Under the agreement, Amazon has the right to buy up to 30 percent of Atlas Air. Amazon will lease a fleet of 20 Boeing 767-300 converted freighters -- including crew, maintenance and insurance -- for seven years, with extensions to 10 years.
The Interesting Dell + EMC Stories You Haven't Heard
May 9, 2016
I spent last week at EMC World talking to customers and both Dell and EMC employees, on the lookout for interesting stories that others hadn't picked up. I got a bunch that I think are fascinating -- stories about women in technology, billions of dollars of currently untapped revenue, and why every EMC and Dell sales rep effectively will have a dartboard with Meg Whitman's picture on it.
Microsoft Buys Solair for Azure IoT
May 9, 2016
Microsoft last week announced the acquisition of Solair, a move to expand its global Internet of Things business. Solair's IoT customization and deployment solutions have helped many businesses improve efficiencies and profitability, according to Microsoft. Solair is "an important part of [Microsoft's] ongoing efforts to build the intelligent cloud," noted Microsoft spokesperson Lenette Larson.
Oracle Plunks Down $532M for Customer Engagement Firm Opower
May 3, 2016
Oracle on Monday announced that it has agreed to acquire Opower for $532 million in cash. More than 100 global utilities, including PG&E, Exelon and National Grid, use Opower's customer engagement and energy efficiency cloud services, Oracle said. Opower's big data platform stores and analyzes more than 600 billion meter reads from 60 million end customers of utilities.
Nokia Buys Into Digital Health
April 28, 2016
Nokia on Tuesday announced plans to purchase Withings for $192 million in cash as part of its move into the healthcare devices arena. The deal is expected to close in early Q3, and Withings will become part of the Nokia Technologies business. "We have said consistently that digital health was an area of strategic interest to Nokia," CEO Rajeev Suri said.
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Would you drive a Tesla?
I already do, and I love it!
Yes -- if the price were lower.
No -- I wouldn't trust its Autopilot.
I'd drive an electric car but not a Tesla.
I'm not yet sold on electric vehicles.
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