Tag: purchase

Actian completes Pervasive Software deal

Hands across the waterActian has signed on the dotted line and completed its purchase of Pervasive Software.

The big data management company has said that having the cloud-based and on-premises data business on board means it will be able to deliver a portfolio of highly scalable, elastic and performant products that drive positive business outcomes in the Age of Data.

Steve Shine, chief executive officer of Actian said that big data could and would impact every industry as organisations struggled to take action on their data due to legacy technology too rigid or expensive to scale.

Robin Bloor, chief analyst and co-founder, The Bloor Group, described the merger as “powerful”. He said the combination of the technologies would provide Actian with a performance capability for BI and Data Analytics which no other company could “currently equal”.

Fortinet to purchase Coyote Point Systems

fortinet-logoFortinet has agreed to purchase Coyote Point Systems.

The network security company has entered into a definitive merger agreement to acquire the privately-held provider of enterprise-class application delivery (ADC), load balancing and acceleration services, which it claims will complement its offerings.

Fortinet also claims that the merger will help it and its channel partners to accelerate and further deliver on services to their clients.

Under the agreement no immediate changes will be made to Coyote Point products, customer support and channel programs or any existing ADC products that Fortinet markets, the company said.

However, as new products become available things could change.

According to industry forecasts, the annual end-user spending for Application Delivery Controllers will exceed $2 billion for 2013.

John Grady, research manager at IDC said as more enterprises turned to the cloud, data centres would require higher performance products coupled with strong security.

He said that, as a result, security and application delivery “must work hand-in-hand” to ensure quality of service while still preventing attacks.

“This acquisition places Fortinet in a unique position to deliver on both aspects in one [service].” he added.