Cisco Acquires Metacloud for Hybrid Cloud Push

cloudIT
Cisco has bought hosted cloud technology provider Metacloud in a move aimed at accelerating the development of Cisco’s intercloud service. Metacloud works with enterprise customers to help them implement and operate data center infrastructure in the cloud through the company’s OpenStack-based software-as-a-service platform, Cisco said Monday. Employees of Metacloud will join Cisco’s...

Siemens Inks $7B Cash Deal for Energy Equipment Maker Dresser-Rand; Joe Kaeser Comments

Joe-Kaeser
Joe Kaeser Siemens has agreed to acquire rotating equipment provider Dresser-Rand (NYSE: DRC) for approximately $7.6 billion cash in a move to grow Siemens’ global oil and gas business. Joe Kaeser, president and CEO of Siemens AG, said Monday that Dresser-Rand will become “the oil and gas” company within Siemens. Siemens expects to complete the transaction by summer of 2015 and...

Dick Flanigan: FTC Approves Cerner’s $1.3B Siemens Health Services Buy

healthcare-system
Cerner (NASDAQ: CERN) has moved closer to completing its \$1.3 billion purchase of Siemens‘ (NYSE: SI) health information technology unit after the U.S. Federal Trade Commission approved the transaction. “We’re pleased to have cleared this important regulatory hurdle and to be one step closer to integrating Siemens Health Services and its clients into the Cerner family,” Dick...

Cobham Completes $1B Aeroflex Buy; Bob Murphy Comments

Robert-Murphy
Bob Murphy Cobham plc has finalized its approximately $1.46 billion acquisition of Aeroflex (NYSE: ARX) after shareholders and regulatory bodies approved the transaction. Following the completed transaction, the Aeroflex business will be consolidated with the British defense contractor’s advanced electronic solutions division and communications and connectivity business group. Cobham said...

Steve Ikirt: Triple-i Purchases IT Firm Global Net Services

acquisition
Information Innovation Inc. has moved to bolster its government-focused information technology services portfolio by acquiring IT firm Global Net Services. The companies aim to develop a suite of software and systems development, cloud computing, business intelligence and geospatial technology offerings for federal customers, Triple-i said Sept. 4. “Bringing together Triple-i and GNSI enhances our...

Oracle Closes Buy of MICROS Systems; Mike Webster Comments

acquisition
Oracle Corp. (NYSE: ORCL) has established a new hospitality global business unit after the company completed the acquisition of MICROS Systems (NASDAQ: MCRS) for an undisclosed amount. Mike Webster, senior vice president and general manager of Oracle retail and hospitality sector, will lead the newly formed business unit, the company said Monday. “Together, Oracle and MICROS will help Hospitality...

Cryptzone Buys HiSoftware, Kurt Mueffelmann to Lead Combined Firm

Kurt-Mueffelmann
Kurt Mueffelmann Cryptzone has bought compliance and security provider HiSoftware Inc. for an undisclosed amount in a move to grow security offerings for data stored in cloud computing platforms, mobile devices and data centers. Kurt Mueffelmann, HiSoftware’s CEO, will serve as chief executive at the combined company,  Cryptzone said Friday. “Through this acquisition, we believe the ‘new’...

Robert Mehrabian: Teledyne Adds Acoustic Tools Through $171M Purchase of Bolt Technology

Robert Mehrabian
Robert Mehrabian Teledyne Technologies (NYSE: TDY) has agreed to acquire Bolt Technology Corp. (NASDAQ: BOLT) for nearly $171 million in a move that Teledyne Chairman and CEO Robert Mehrabian says is intended to expand his company’s marine instrumentation portfolio. Mehrabian said Wednesday that Bolt’s SeaBotix business will become a part of Teledyne’s marine systems business. “Bolt’s...

Thomas Lewis: Louis Berger Acquires Leidos’ Water, Waste Resources Practice

acquisition
Louis Berger has bought the water and waste resource division of Leidos (NYSE: LDOS) for an undisclosed amount in a move aimed at expanding Louis Berger’s water practice. Thomas Lewis, group president at Louis Berger, said Tuesday the company also intends to further grow its market presence through the sale. “This acquisition will deepen our water practice as well as our geographic presence...

Robert Mehrabian: Teledyne Buys Atlas Hydrographic to Grow Marine Acoustics Portfolio

Robert Mehrabian
Robert Mehrabian Teledyne Technologies (NYSE: TDY) has moved to grow its marine acoustic imaging business by purchasing Atlas Hydrographic, a developer of sonar technology for mid and deep water environments. Robert Mehrabian, Teledyne president and CEO, said Monday the company adds multi-beam transmitters for marine science and ocean surveying applications to its portfolio through the acquisition. Germany-based...