Yahoo Acquires Rockmelt

Rockmelt has been acquired by Yahoo, for a reported $60 to $70 million. The Rockmelt apps and web product will be shutdown by the end of this month, and the team is...

Facebook Acquires Gowalla, Opens First East Coast Office

By Sudarshana Banerjee Facebook has acquired location-sharing service Gowalla, reports Laurie Segall of CNN Money, citing sources close to the company. It is believed most of Gowalla's employees, including founder Josh Williams, will...

HP Converged Infrastructure Wins Three University Contracts

HP announced that three universities - Columbus State University in Columbus, University of North Florida in Jacksonville, and Florida’s University of Tampa have chosen HP Converged Infrastructure solutions. More details on...

IBM Closes Algorithmics Acquisition For $380.2 Million

IBM has closed its acquisition of Algorithmics.  Algorithmics provides software and services for improved business insights at banks and investment and insurance organizations to assess risk and address regulatory challenges. The...

IBM Buys Q1 Labs, Forms IBM Security Systems Division

IBM has announced a definitive agreement to acquire privately held Q1 Labs, a Waltham, Massachusetts-based provider of security intelligence software. Financial terms were not disclosed. Following the close of the acquisition, Q1...

Red Hat Acquires Gluster For $136 Million Cash

Red Hat has agreed to acquire Gluster, a privately-held company, for approximately $136 million in cash. As part of the transaction, Red Hat will also assume unvested Gluster equity outstanding on...

Cognizant Acquires Zaffera

Cognizant, a provider of information technology, consulting, and business process outsourcing services, has acquired substantially all of the assets of Zaffera,  a strategic SAP retail consulting and software development firm based in...

Oracle Buys GoAhead

Oracle announced that it has entered into an agreement to acquire GoAhead Software. The combination is expected to benefit network equipment providers (NEPs) by providing a more comprehensive and integrated offering that delivers...

SAP To Acquire B2B Networking Provider Crossgate

SAP announced its intent to acquire business-to-business (B2B) integration provider Crossgate, a provider of hosted B2B integration services headquartered in Munich, Germany. As a result of this acquisition, SAP will enable networking...

Adobe Acquires IRIDAS Technology

Adobe Systems announced that it has acquired IRIDAS Technologies, a ten-year old, privately held company in the digital color grading and enhancement space. With this acquisition, Adobe gains a comprehensive set of tools for...