Tag: merger

Dell names top channel execs

Posted on September 13, 2016 by - Moving People, News

michael-dell-2Dell has announced its regional execs to run its channel after completing the $60bn buy-out of EMC.

Most of the names are similar to those who ran Dell’s channel before.  In the Asia Pacific region is Ng Tian Being, who was veep of South Asia and Korea; for Latin America is Alvaro Camarena, who was exec director of channel programmes; and for EMEA it’s Michael Collins at least after January.

Collins was only given the channel role and replaced Laurent Binetti, who had been in the job for 30 years. .

Until then, both Collins  and Philippe Fosse (the current EMC EMEA channel head] will continue to jointly-lead the Dell EMC EMEA Channel business in their established roles.

Fosse was EMC’s EMEA East, before he moved into the position more than four years ago. Prior to that he was at HDS, Xiotech and further back in the annals of time he was at StorageTek.

He is yet to have a role in the glorious new Empire. He apparently has a job but it has not been “formally announced” yet.

The only EMC person to have a role announced is Greg Ambulos, who ran global channels for EMC and will control North America channels at Dell.

 

EMC votes to become part of the glorious Dell empire

Posted on July 20, 2016 by - News

legionnairesEMC has approved Dell’s $60 billion offer to become part of the glorious Empire in the largest technology merger ever.

The newly combined entity, to be named Dell Technologies, aims to be a one-stop shop for information technology sold to businesses. OF course they all say that, but this will be pretty big.

It will consolidate diverse products and services under one umbrella, including personal computers, servers, storage and networking equipment.  The only thing which could stick a spanner in the works is regulatory approval from China.

EMC Chief Executive Joe Tucci said before the vote that the board evaluated numerous options and decided that the merger with Dell is the best outcome.

Once combined, the two companies plan to help customers move to cloud computing, which likely would be a hybrid approach that includes both cloud and on-premises operations.

The deal will also let Dell exploit EMC’s “converged infrastructure”, to sell computing, storage and networking equipment as an easy-to-install bundle.

The deal will give current EMC shareholders a tracking stock for VMware shares. Consequently, the privately held Dell will issue quarterly financial reports.

 

SAP rejects Microsoft merger

Posted on December 8, 2014 by - News

sapbeerThe German outfit  which makes expensive esoteric business software and no-one really knows what it does, has decided that it will not allow itself to become part of the glorious Microsoft Empire.

Rumours were flying that SAP was to merge with Microsoft as both of them try to corner the business software market.

However it looks like the German software maker SAP will remain an independent company in the long term, its chief executive told a German newspaper.

Bill McDermott told weekly Euro am Sonntag that it would be best for the company to stay independent is to grow and to have a good market capitalisation.

With a market capitalisation of $86.6 billion, SAP is the fifth-largest company in Germany’s large cap DAX index.

Apparently, SAP had held talks about a potential merger with software giant Microsoft but discussions were scrapped because of the complexity of any deal and the subsequent integration of the companies. All this happened in 2004, so it appears that this rumour was a bit like us – rather elderly but for some reason will not go away.

 

Intel scrambles PC and mobile processor divisions

Posted on November 18, 2014 by - News

ScrambledEggIntel has decided to merge its PC and mobile processor divisions under one roof, claiming that the line between tablets and laptops has blurred.

Starting from next year, Intel will form a  division called the Client Computing Group, which will include the teams that develop its Core processors for desktops and laptops, as well as those that develop its Atom chips for smartphones and tablets.

According to an internal email from CEO Brian Krzanich, the changes are supposed to improve lines of communication between product teams and help Intel better reach manufacturers that use its products.

Krzanich said that the market was evolving and Intel must change faster to stay ahead.

He claimed that the days when Intel served the PC market with its Core processors and the smartphone and tablet markets with its low-power Atom chips, were gone. The emergence of hybrid computers, which can switch between a laptop and a tablet, has done much to blur the boundary, he reckons

Intel’s Core M processors, for instance, are used in traditional laptops but also in hybrid computers and tablets. The current structure of the company no longer matches where the market is headed, he said.

Kirk Skaugen, who leads what is called the PC Client Group, will run the Client Computing Group when it’s formed.

The Mobile and Communications Groupwill be broken up. The teams that develop mobile processors will join the new client group, while the remainder, which builds modems, will be part of a new wireless R&D group.

Herman Eul, who leads the mobile group today, will oversee the move to the new structure until at least the end of the first quarter, with a new role for him to be announced after that.

The Mobile and Communications Group reported an operating loss of more than US$1 billion in the third quarter, in part because it has been making payments to tablet makers to encourage them to use its chips. Because of those and other efforts, Intel has said it aims to get its processors into 40 million new tablets this year.

“Odd couple” HP and EMC refuse to merge

Posted on October 15, 2014 by - News

Tony_Randall_Jack_Klugman_Odd_Couple_1972The maker of expensive printer ink,  HP has ended merger talks with EMC after months of useless negotiations.

Reuters reported that its deep throats in HP said hopes to merge two of the tech industry’s largest enterprise-oriented firms had been dashed.

Pressure is building on EMC to do some spinning off  in an attempt to unlock shareholder value, become more agile, and capitalise on faster-growing businesses.

Executives from the two companies were still trying to hammer out a deal as recently as last week, but talks bogged down on price.  We guess EMC really could not believe that printer ink had the same value as gold.

HP suspended its stock buyback program ahead of its November 25 earnings because the company said it is in possession of material non-public information. Chief Financial Officer Cathie Lesjak noted on a conference call that the non-public information pertains to a possible acquisition.

It is not clear what the two were thinking of merging.  A straight-up merger of the two companies would have created one of the industry’s largest providers of data storage, and created a computing giant with deep penetration in the business of providing computing hardware and services to corporations.  However last week HP announced its plan to split off  into HP Enterprises, a tech infrastructure, software and services business, and HP which will play in the PC and printer markets.

Elliot Management, which owns 2.2 percent of EMC, has been vocal about wanting EMC to merge or spin off some of its assets, such as software subsidiary VMWare. EMC has said that it wants its company to stay together.

 

Fortinet to purchase Coyote Point Systems

Posted on March 25, 2013 by - News

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.