On December 21, 2015, NetApp announced a definitive agreement to acquire SolidFire for $870M in cash. Apart from my initial surprise that NetApp actually had that amount of money sitting in its bank account, what does this mean?
Wall Street has had a massive few days covering the Dell/EMC news. From a financial standpoint, any company that pays $67 billion to acquire another company is certainly major news, but from a technical standpoint, what exactly does this mean for the virtualization industry?
Over the last couple of days there has been an ever-increasing rumble that Dell is going to make an offer for EMC. But how is this any different from the much-rumbled-about HP/EMC merger of last year?
Elliott Management has a plan for Citrix. Shake out sales and marketing, sell GoTo and NetScaler, dump the dead wood, and shut down all blue-sky research. There has been no response yet from Citrix beyond a brief note to say “we’ll get back to you on that,” but you can bet that CEO Mark Templeton will not look favorably on the proposal. Regardless of how Templeton feels, with Elliott in play, Citrix has to make changes. What, then, are the choices that Citrix can make?
Activist hedge fund Elliott Management is shaking things up at Citrix Systems after disclosing a 7.1% stake in the company and offering a plan to create a leaner, meaner Citrix, citing the need for change following “years of layered complexity and expenses.”