Acquisition

WordPress owner buys Tumblr from Verizon for nominal amount

Automattic, the parent company of WordPress, is acquiring Tumblr from Verizon Media at an undisclosed amount. Tumblr is a leading microblogging and social networking platform that allows users to shar...

HPE buys supercomputing giant Cray for $1.3 billion

Hewlett Packard Enterprise (HPE) is acquiring the supercomputer leader Cray in a deal worth $1.3 billion. The company aims to address the challenges driven by the explosion of data. Cray holds its pos...

VMware acquires Bitnami to augment multi-cloud efforts

VMware is acquiring the leading application packaging solutions provider Bitnami to expand its multi-cloud strategy. Bitnami provides a large catalogue of click-to-deploy apps and development stack fo...

QTS expands international platform with acquisition of two data centers in Netherlands

QTS Realty Trust, a leading provider of software-defined and megascale data center solutions announced today, as part of its global growth strategy, the expansion of its operations internationally wit...

Switch Datacenter Group sells its Amsterdam AMS1 Data Center to Equinix

Switch Datacenter Group today announced the transfer of its AMS1 data center and operations to Equinix, Inc. – in an all-cash transaction for €30 million ($34 million). Switch Datacenter Group s...

Nvidia acquires Israeli networking firm Mellanox for $6.9B

Nvidia is acquiring the Israel-based networking firm Mellanox for around $6.9 billion in cash. Mellanox is a prominent supplier of end-to-end Ethernet and InfiniBand smart interconnect solutions and s...

RP tech India enters into cloud business with acquisition of ZNet Technologies

The partnership enables RP tech India to provide ZNet’s cutting edge Cloud Computing solutions to Enterprise and SMB customers. RP tech India (a division of Rashi Peripherals Pvt Ltd) today announced ...

Cinven acquires European web host One.com for undisclosed amount

Leading web hosting services provider, One.com, which has more than one million customers globally, is getting acquired by the private equity firm Cinven. Founded in 2002, One.com is based in Europe a...

Hivelocity Acquires Dallas IaaS Provider, Incero.com

Hivelocity, a leading provider of dedicated servers, cloud hosting, colocation and managed services, today announced the acquisition of Incero.com, a Texas based IaaS provider with data centers in Dal...

Microsoft to acquire XOXCO to advance conversational AI and bot development

Microsoft announces intent to buy XOXCO to bolster push for conversational AI. Microsoft has announced its intent to buy XOXCO – an Austin based software developer company focused on bot design and de...

IBM marks one of the most significant tech acquisition, buys Red Hat for $34 billion

IBM is marking one of the most significant tech acquisition, buying open source cloud software provider Red Hat for approximately $34 billion. With Red Hat acquisition, IBM aims to provide an open sou...

Twilio adds email API platform to its portfolio with SendGrid acquisition

Leading cloud communications software provider Twilio is acquiring cloud email services provider SendGrid for approx $2 billion. While Twilio provides software to enterprises for engaging with custome...

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