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Metacloud to be Acquired by Cisco

Metacloud, a cloud service company in Pasadena, is to be acquired by networking giant Cisco Systems Inc. of San Jose. Terms of the acquisition were not disclosed. Metacloud employees will join Cisco’s cloud infrastructure and managed services department. Metacloud offers the widely used open-source platform called OpenStack, but it gives the option to host it… Read More »

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Telecom giant Ericsson buys its first Israeli startup

Ericsson is making its first foray into Israel, the Swedish telecommunications technology maker saying over the weekend that it was spending $95 million to acquire Fabrix Systems of Ra’anana.   The purchase, which is expected to be competed in the fourth quarter, will give Ericsson control of a leading provider of cloud storage, computing and… Read More »

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Is Microsoft Near $2 Billion Deal for Minecraft Maker?

Microsoft Corp., maker of the Xbox video-game console, is in discussions to acquire Mojang AB, the software company behind the popular game Minecraft, for more than $2 billion, three people with knowledge of the talks said. Microsoft, the world’s largest software maker, is in serious talks with 4-year-old Mojang, said the people, who asked not… Read More »

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Apple to acquire Beats Music & Electronics for $3 bn

Apple has agreed to acquire subscription streaming music service Beats Music and Beats Electronics, which makes the popular Beats headphones, speakers and audio software for a total of $3 billion which could make Beats Co-founder DR. Dre the first hip-hop artist come steps closer to joining the billionaires’ club with his estimated worth pegged to… Read More »

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Google Acquires Start-Up Divide

Moving to strengthen Android’s appeal to enterprise customers, Google on Monday acquired Divide, a mobile device management platform, for an undisclosed sum. Divide announced the deal on its blog, noting that the company will become part of Google’s Android team and that its software will continue to work for existing customers. Divide also supports Apple… Read More »

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