Mike Wheatley
Latest from Mike Wheatley
Avago gobbles up Broadcom in $37B merger, sets sights on surpassing Intel
Confirming rumors from earlier this week, chip manufacturer Avago Technologies Ltd. has said it’s entered into a definitive agreement to buy rival firm Broadcom Corp. in a cash-plus-stock deal worth $37 billion. Once the deal is done, the newly combined businesses will become “Broadcom Ltd.”, marking a continuation of the consolidation being seen in the ...
Cisco forecasts wild M2M growth in latest Visual Networking Index
Experts have been talking about the rise of the Internet of Things (IoT) for what seems like years already, but now Cisco Systems Ltd. is illustrating this in graphic form with its latest Visual Networking Index (VNI) report. Assuming Cisco has its numbers right, the IoT will account for the vast majority of new connections ...
Sony buys Optical Archive, touts Blu-ray for cost-effective cold storage
Sony Corp. has made a rather odd-looking purchase with the acquisition of Optical Archive Inc. – startup spun out of Facebook that’s marketing an innovative way to use Blu-ray technology. The startup was founded by ex-Facebook employee Frank Frankovsky, who led the social media giant’s hardware design and supply-chain operations for about five years before ...
Chip maker Avago planning swoop on Broadcom
Avago Technologies is said to be in advanced talks over the possible acquisition of Broadcom Corporation in a deal that would further accelerate consolidation in the global semiconductor industry, says The Wall Street Journal. It’s not clear how much Avago would be willing to pay for Broadcom, and the WSJ warns the deal could still ...
How Virtustream fits into EMC’s Federated Hybrid Cloud
EMC’s cloud strategy is rapidly coming into focus as it continues a string of acquisitions aimed at building out its newly formed cloud managed services business. The latest of these – its $1.2 billion takeover of Virtustream Inc. – is a further indication that legacy vendors aren’t going to be shy about using their cash hordes to ...
HP boosts NFV armory with ConteXtream acquisition
Hewlett-Packard Co. has just acquired ConteXtream in a move that should give a significant boost to its network virtualization capabilities, the company said. Terms of the deal were not disclosed. ConteXtream offers a carrier-grade software-defined networking fabric for network-functions virtualization environments. But rather than going after enterprises, ConteXtream has followed a strategy of targeting service ...
Microsoft partners with LG & Sony to pre-load Office & Skype apps
Microsoft is teaming up with LG Electronics Inc., Sony Corporation and 18 other companies to ensure its Office and Skype apps come preloaded onto their Android-powered tablet devices. The deal will see that Microsoft’s Word, Excel, PowerPoint, OneNote, OneDrive and Skype apps are pre-loaded on all new tablets sold by the companies, which include 18 ...
Huawei says resellers are dead, and those who use them “may become extinct”
Chinese telecommunications and networking firm Huawei Technologies Co. Ltd., has issued a rather glum-looking pronouncement for anyone still following the classic ‘man-in-the-middle’ sales model, saying that one quarter of all resellers will be out of business in the next five years. According to The Register, the company believes that not only will one in four ...
EMC completes its hybrid cloud puzzle with Virtustream acquisition
EMC Corp. chief Joe Tucci has got his checkbook out again, snapping up enterprise cloud computing firm Virtustream Inc. in a $1.2 billion cash deal. The deal comes after EMC acquired another cloud oriented firm, The Cloudscaling Group, Inc., in late 2014. Founded in 2009, Virtustream specializes in lifecycle automation and orchestration, focusing on mission-critical ...
Charter to acquire Time Warner Cable for $78.7 Billion
Charter Communications has agreed to acquire Time Warner Cable Enterprises Inc. in a cash plus stock deal that values the company at a massive $78.7 billion. The deal was announced on Tuesday, and will see Charter pay $100 in cash and shares of a new parent company — dubbed New Charter — equivalent to 0.5409 ...