Akamai Technologies said it agreed to buy rival Cotendo Inc., a maker of mobile-network acceleration software, for about $268 million in cash. The companies expect to close the deal in the first half of 2012. Cotendo was founded in 2008 and provides technology that accelerates the delivery of content through the Internet. Its content delivery…
Telligent, the social community software company, announced today its acquisition of San Francisco based online community software maker, Leverage Software. Patrick Brandt, Telligent CEO, said “We are particularly thrilled to gain the leading cloud technology, people-centered design, prestigious customer list and employee talent that Leverage brings. Telligent and Leverage have roots as pure-play social community…
Consolidating databases onto a private cloud is a new model for the delivery of database services. Private clouds consolidate servers, storage, operating systems, databases, and mixed workloads onto a shared hardware and software infrastructure. Deploying databases on a consolidated private cloud enables IT departments to improve quality of service levels and reduce capital and operating…
This IDC study uses the IDC MarketScape model to assess the capabilities of vendors to support midrange to complex process improvement scenarios using business process management software. Business process platforms provide development and runtime environments to improve and automate a wide range of processes and support advanced use cases around orchestration, process interoperability, end-to-end process…
Zynga, the San Francisco based company which specializes in Facebook games, priced its initial public offering late Thursday at $10 per share, raising $1 billion with a company value of about $7 billion. This offering makes it the largest Internet-related IPO since Google went public in 2004 with $1.4 billion. The price was at the top of expectation which…
Salesforce.com announced the recent expansion of its social enterprise cloud platform with the acquisition of Rypple, a provider of a social performance management app. The financial terms of the transaction were not disclosed but the company said Rypple will be rebranded “Successforce” and integrated into the existing ecosystem of Salesforce enterprise SaaS applications. Rypple is…
Bill Gates today ruled out ever returning to the helm of Microsoft after Fortune reported rumors this month that Gates was considering a comeback to Microsoft, the company he founded in 1975 but stepped back from in 2006 to focus full-time on philanthropy. Gates spoke today in Sydney, where he is on holiday with his family, that he…
Google has officially announced the start of construction of its Singapore data center, which will cost US$120 million. The new data center is located in Jurong West and is expected to be complete by early 2013. The head of Google Southeast Asia, Julian Persaud said at the data centre groundbreaking ceremony “Building this data centre is…
For a decade now, Marc Benioff had to deal with the comments that his company Salesforce.com had been fired with. Recently, however, Salesforce received a sincere flattery from its rivals when most of these companies started to acquire more firms to set up their own cloud platform, which is a pioneer strategy from Salesforce. One…
CloudSigma announced today that it has secured a significant round of angel investment funding from its own chairman, Anthony Foy, and director Phil Collerton. Both Foy and Collerton have deep technological expertise in data centers, cloud and managed services, enterprise software and telecommunications, and are well-positioned to help strategically shape and foster the company’s growth….