Showing posts with label Dell. Show all posts
Showing posts with label Dell. Show all posts
Dell's software sale: Boomi not included
Tom Paine
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Subscribe in a readerDell is selling its main software businesses to Francisco Partners and Elliot Management, it was announced this morning.
An immediate question of local interest is whether Dell Boomi would be included. Apparently not:
Congrats to @DellSoftware on today’s news: https://t.co/A2S9uWrnrw @Boomi is proud to remain part of the @Dell family!— Dell Boomi (@boomi) June 20, 2016
@chinamartens @phillytechnews @boomi @Dell can get more for Boomi standalone. good move
— Bob Moul (@bobmoul) June 20, 2016
It has been evident that Michael Dell, in his interviews and tweets, takes a personal interest in Boomi.
Dell has had to sell the other software businesses to help finance its acquisition of EMC. The price of today's sale has not been disclosed by any participating parties, but some published sources have put it in the $2 billion range. Dell Boomi, despite of its strategic significance, would probably not sell for enough to make a material difference in reducing Dell's overall debt load.
Elliot Management, known as an activist, bought a small stake in Radnor-based Qlik Technologies early this year, bringing pressure that helped lead to its ultimate sale for $3 billion two weeks ago.
Elliot is not known, however, for taking passive positions.
Links 5/31:PC Connection Buys Downingtown-based $200M Softmart; Dell buyout deal shortchanged shareholders, Delaware court rules
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PC Connection Buys Downingtown-based $200M Softmart as Ranks of Microsoft Licensing Partners Dwindle (CRN)
Thoma Bravo to submit binding offer for U.S.-based Qlik: sources (Reuters)
Delaware court rules Dell's $24.9 billion buyout priced 22 percent below fair value (Reuters)
Dell Buyout Deal Shortchanged Shareholders, Court Rules (NY Times: DealBook)
Oracle back in court Tuesday, this time facing HP (MarketWatch)
The Fundraising Wisdom That Helped Our Founders Raise $18B in Follow-On Capital (First Round Review)
Workday beats Q1 targets with sales up 38 percent (ZDNet)
Columbus Day Highlights: Dell has deal with EMC subject to shop around period; ThingWorx parent PTC buys augmented reality platform from Qualcomm for $65 million for IoT strategy
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Dell to Acquire EMC for $67 Billion in the Largest Ever Tech Takeover (Re/code)
Six takeaways from Dell-EMC deal
(Fortune)
Dell to Buy EMC for $67 Billion: Five Initial Takeaways (Constellation Research)
Silver Lake Explored Sale of Dell’s PC Business Ahead of EMC Deal (Recode)
Why PTC just bought this augmented reality platform for $65 million (Fortune)
Is AWS The Most Important Enterprise Company? (TechCrunch)
The CFO who led Infosys during its toughest period is moving on (Quartz)
Campbell's Ready to Serve Recipe Ideas Through Amazon Echo (Ad Age)
Arris Launches DOCSIS 3.1 Modems (Multichannel News)
Silver Lake: Dell spinout of Boomi, other unit may make sense
Tom Paine
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A couple of months back, Silver Lake Partners, the PE giant that owns about 25% of the privatized Dell, raised the possibility that Boomi and another Dell unit, SecureWorks, be spun out in some way. One suggestion was a structure along the lines of EMC's "federation", which may seem dated as EMC's star fleet structure is under attack now.
SecureWorks, a cybersecurity firm, is speculated to have a standalone value of more than one billion. I don't see any valuations mentioned for Boomi, but the fact is Boomi needs to serve a broad horizontal market, not a vertical, and may not be best served operating from within the Dell structure if its going to reach its full potential.
So I have no idea whether any thing will come out of this, but when a Silver Lake managing partner who works closely with Michael Dell suggests it, I'd take it seriously. And I think the very fact that Boomi merits so much high-level consideration is testament to the enduring value of Rick Nucci's creation.
Read Fortune's article on Dell's possible moves and see its interview with Silver Lake managing partner Egon Durban. Discussion about Dell starts about 5:20 in.
Links 2/25/2014: Boomi a key to new Dell/NetSuite Alliance
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Dell and NetSuite form alliance for mid-market SaaS (Computer Dealer News)
Dell exec calls Boomi “a secret weapon” for the company.
Dell Takes NetSuite Under Its Wing (Information Week)
Fiberlink Unveils MaaS360 for On-Premises Deployments (PR Newswire)
SAP and Xamarin work to simplify enterprise mobile app development (PC World)
Workday Losses, Big Sales Growth Seen Continuing (Investor's Business Daily)
How to tell the difference between Box and Dropbox (Fortune Tech)
Comcast/Netflix: Unwinding the Latest Traffic Jam, but at What Cost? (Knowledge@Wharton)
Rovi to Buy Veveo to Bolster Television Analytics (Bloomberg)
Rovi has a significant presence in Radnor.
Customer Supplied Images Drive Social ROI at Urban Outfitters (Retail Info Systems News)
Lenovo introduces new thin client device using King of Prussia-based Devon IT technology
Tom Paine
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The new product and the relationship with Lenovo are significant for Devon IT, which needed to recover from the loss of its supplier arrangement with Dell after Dell acquired thin client leader Wyse Technology last year. Earlier this year Devon IT also established a similar relationship with #4 Acer.
Lenovo surpassed HP as the largest PC maker in number of shipments in the second quarter, both Gartner and IDC reported. Lenovo, which is based in China and acquired IBM's former PC business in 2005, has its US headquarters in the Raleigh-Durham area. Late last year it established an Enterprise Product Group to put greater emphasis on larger enterprises, where most thin client sales occur.
Devon IT has evolved into a company that primarily provides the technology (OS and network management software) for thin client devices rather than manufacturing them.
Links 8/20/2013: Urban Outfitters increasingly sees itself as ecommerce company
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Birst Raises $38M Led By Sequoia To Expand Its Cloud-Based Business Intelligence Solutions (TechCrunch)
QlikTech competitor.
Violle, LLC and NewSpring Capital Complete Acquisition of Majority Interest in Utilipath, LLC (PR Newswire)
Urban Outfitters Chases Bohemian Shoppers Online (Business Week)
“We really started to think about ourselves as a pure play e-commerce company that happened to have really great, productive, differentiated stores in 500 locations around the world that’s relevant for our consumer,” - Matthew Kaness, chief strategy officer for Urban Outfitters, at a June conference.
Dell PartnerDirect Nears Software Integration (Channelnomics)
Rackspace adds dedicated VMware vCenter to hybrid cloud lineup
(ZDNet)
SAP takes fight to Salesforce.com, Oracle with social intelligence app (PC World)
InsPro Technologies Positioned in the “Challengers” Quadrant of the Magic Quadrant for North American Life Insurance Policy Administration Systems (Business Wire)
UnitedHealthcare's New Online Service Lets Consumers Pay Their Medical Bills Online and Better Manage Health Care Expenses
Enables consumers to pay their medical bills with their credit card, debit card, health savings account, or bank account via the InstaMed payments network (Business Wire)
Synnex, Comcast Join Forces For Telco Services Push
(CRN)
Hersha hotels add Comcast fiber (Philly.com: Philly Deals)
U.S. cable and telecom companies add 295,000 new subscribers in Q2
(Gigaom)
Daily Links 7/30/2013: CBS, TWC halt brief blackout; Dell CIO questions HANA scalabilty
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CBS, TWC Halt Programming Blackout(Broadcasting & Cable)
Comcast: Belle of the Media Ball? (Bloomberg TV)
Fab Lays Off More Than 100 Employees in Europe, as It Continues Retreat From Flash Sales (All Things D)
Boomi co-founder looking to start new firm in same space (Philadelphia Business Journal)
Student ventures FTW: Dorm Room Fund-backed Firefly announces Olark patnership
(PandoDaily)
OLED: OpCo, Wedbush Dismiss Fears of Samsung Novaled Buy (Barron's: Tech Trader Daily)
Universal Display (OLED) is based in Ewing, NJ. Samsung is reported to be close to buying
Novaled, another OLED tech firm, but analyst says Novaled complements, not competes with,
Universal Display.
SAP platform head: We’re not interested in buying ‘overvalued’ Tableau (VentureBeat)
Dell Says SAP’s HANA Has ‘Scalability Issues (Wall Street Journal: CIO Journal)
SAP Channel Chief Kevin Gilroy: Partners Reaching Revenue Faster (The VAR Guy)
Prepare now for a 7-year famine in IT services (Diginomica)
Publicis Omnicom merger puts healthcare clients under one roof
(Medical Marketing & Media)
RES Software Rounds out First Half of 2013 with a Resounding Performance
Says its planning move to larger Philadelphia area headquarters later this year.
Daily Links 7/24/2013: Federal appeals court won't block Dish's Hopper
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IBM throws its weight behind Pivotal’s open source Cloud Foundry (VentureBeat)
Michael Dell raises bid for Dell (Fortune: Term Sheet)
Slightly. Shareholder meeting pushed back to August 2.
Unisys Announces Second-Quarter 2013 Financial Results (PR Newswire)
Revenue down 7%, earnings down more than 50%. However, results beat analyst expectations,
and the share price rose almost 6% today.
TE Connectivity net up 68% on lower expenses (MarketWatch)
TE Connectivity, formerly Tyco Electronics, has its North American headquarters in Berwyn.
Strange bedfellows: Aereo gets help from Time Warner Cable and Comcast (The Verge)
Federal Court Won't Block Dish's Hopper
Says lower court did not abuse discretion in denying preliminary injunction (Broadcasting & Cable)
CBS Interactive Boss, NBCUniversal Top Executive Talk Hulu, Netflix, Apple (Hollywood Reporter)
Nascar Shifts TV Rights to NBC Starting In 2015 (Ad Age)
Chromecast Is Google’s Miracle Device (Wired)
Exclusive: Cox digs in on first FTTH project in O.C. (CED Magazine)
IBC, Penn Medicine, and DreamIt Ventures host first 'Demo Day' for DreamIt Health entrepreneurs (Globe Newswire)
Daily Links 7/18/2013: Dell postpones buyout vote: SAP software sales soft on China concerns
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SAP warns China's slowdown is hurting software sales (Reuters)
SAP Second-Quarter Software License Sales Miss Estimates (Bloomberg)
SAP’s Q2 shows core weakness (Dennis Howlettt/Diginomica)
Dell Buyout Vote Delayed (All Things D)
Verizon Shares Fall After Wireless Demand Boosts Expenses (Bloomberg)
Verizon Crosses 5M Video Subscribers
FiOS, Wireless Fuel Strong Q2 (Multichannel News)
Pushing the Right Buttons
Apple’s Move Into TV Relies on Cooperation With Industry Leaders (New York Times)
TOA raises $66M to eliminate hours spent waiting on the cable guy (VentureBeat)
Ebay Marketing Arm Unites Companies, Rebrands (Ad Week)
Quality Systems, activist firm reach settlement on board nominees (Reuters)
Quality Systems' primary business unit is Horsham-based NextGen Healthcare.
Philly manufacturing index surges to two-year high (MarketWatch)
Daily Links 7/11/2013: Roberts, Cook reportedly talk about something at Sun Valley
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Cooking up a deal
Apple, Comcast CEOs talk turkey (New York Post)
Malone Urges Ergen to Merge Dish With DirecTV (Bloomberg TV Video)
Malone's got free advice for everybody.
Microsoft Revamping Structure and Management to Foster Collaboration (New York Times: Bits)
Carl Icahn Says He Will Add to His Bid on Dell Tomorrow (All Things D)
VC-Backed Veeva Quietly Files IPO, Credits Salesforce’s AppExchange (PE Hub)
Surprisingly little coverage of Veeva Systems' announcement in late June that it had filed for its IPO, although the S-1 is still under review by the SEC right now. I wrote about it on the day it was announced. Although based in California, Veeva has a significant presence in the Philly area, and this could be a fairly sizable offering, based on the multiples to revenue that similar SaaS/Cloud companies have received. The fact that Veeva has actually been profitable is another plus.
EMC to buy ScaleIO and boost its flash savvy (Gigaom)
Workday parades new customers from push into Europe (ZDNet)
New Hostess IT Centralizes Twinkie Control and Oversight
(Wall Street Journal: CIO Report)
Upgrades SAP system.
Jeff Gelles: Phila. start-up scores with a photo tech turn (Philadelphia Inquirer)
Curalate opens new offices.
College IPTV Service Makes Grade (Light Reading)
Raises $6.3 million from investors including Home Box Office (HBO) and Larry Cuban.
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Daily Links 7/8/2013: HBR on "Why Comcast Would Rather Be Feared Than Loved"
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Cable consulting group thrives on Phila. as base (Philadelphia Inquirer)
DirecTV among pay-TV distributors seeking over the top rights (LA Times: Company Town)
Arris' Horsham unit largely escapes job cuts (Philadelphia Business Journal)
Why Comcast Would Rather Be Feared Than Loved (Justin Fox/Harvard Business Review Blogs)
DirecTV Makes Hulu Bid as Time Warner Cable Seeks Stake
(Bloomberg)
Proxy firm ISS backs Michael Dell's offer for PC maker (Reuters)
Amazon’s Diapers.com Founders Jump Ship (Wall Street Journal: Digits)
Jersey City-based Diapers.com (Quidsi) had several UPenn connections, including backing
from MentorTech Ventures.
The Ad Tech Shakeout is Coming (Digiday)
Mercer entrepreneurs see surge in angel-level investing (Times of Trenton)
Sources: Hundreds Of Oracle's Most Experienced Salespeople Have Quit — Or Want To (Business Insider)
Box launches comprehensive Salesforce app (PC World)
Predictive analytics software provider to help hospitals improve outcomes raises $20M (Med City News)
Princeton University Creates Bionic Ear With Superhuman Hearing Abilities (Video) (Medgadget)
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Daily Links 7/5/2013: Solve Media raises another $6 million; PA legislature passes $75M tech-funding program
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Solve Media Raises $6 Million to Continue to Transform CAPTCHAs Into Ads (All Things D)
First Round Capital participated again in latest round in the New York/Philly-based startup. CEO Ari Jacoby recently said that Solve would do $13 to $16 million in revenue this year.
PA legislature passes $75M tech-funding program (Philadelphia Business Journal)
Silver Lake Abandons Hulu Purchase Effort, as Final Bidding Deadline Arrives Today (All Things D)
Dell: Bloomberg Reports CEO Dell Won’t Increase $13.65 LBO Offer (Barron': Tech Trader Daily)
Verizon pursues all-wireless phone service in seaside N.Y. town
(Washington Post)
Verizon would end “century of regulation” by killing wireline phone, says NY AG
AG thinks Verizon should be fined $100,000 per day for pushing wireless plans. (Ars Technica)
BuLogics Returns to Philadelphia, Continues to Recruit Software Developers (BuLogics Press Release)
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Daily Links 6/14/2013: PRISM concerns give DuckDuckGo a lift
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CenturyLink Acquiring AppFog To Move Into Platform-As-A-Service Market (TechCrunch)
AppFog will become part of CenturyLink's cloud services provider, Savvis. First Round Capital was an early investor in AppFog.
FORRESTER WAVE: PUBLIC CLOUD PLATFORMS -- THE WINNER IS… (James Staten/Forrester Blogs)
DuckDuckGo revels in PRISM security fears, racking up a record 2.35m searches in a single day (The Next Web)
Zonoff Opens Home Automation Platform With Launch of Open Device SDK (PR Newswire)
Cassandra project chair: We're taking on Oracle (Infoworld)
Carl Icahn May Walk Away From Dell Proxy Fight He Started (All Things D)
Product launch par for the course (Philadelphia Business Journal)
Berwyn-based enterprise tax software giant Vertex makes a splash at the Open.
DISH and nTelos Launch Fixed Wireless Broadband Pilot (Business Wire)
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Daily Links 5/31/2013: Views on SAP's cloud progress: Kenexa incorporates IBM analytics
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Dell Begins Campaign to Support Leveraged Buyout (New York Times: Dealbook)
Workday vs NetSuite – really? (Diginomica)
NetSuite to raise cash, may go shopping (ZDNet)
Why do customers choose SAP cloud? (Jon Reed/Diginomica)
Is the Market Moving Faster to SaaS than SAP Is Prepared For? (ASUG News)
The IBM Way On Analytics (Information Week)
Using IBM analytics to leverage Kenexa offerings.
Fan TV to Blend Live TV With OTT and Cloud DVR
But Startup Admits it Will Need Pay TV Partnerships to Fulfill Its Video Vision (Multichannel News)
Comcast has a few cards to play in Hulu sale process (LA Times: Company Town)
Comcast and Verizon’s Phony Free-Speech Claim (Opinion: Susan Crawford/Bloomberg)
McDowell: Filling FCC Seats Could Take a While
Points out that with current administration 'scandals,' holds are a possibility (Broadcasting & Cable)
Watch ABC app with live TV streaming comes to Kindle Fire, but not Google Play (Engadget)
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Daily Links 5/6/2013: QlikTech Bolsters Advanced Visualization With NComVA Acquisition; Dell in Cloud buy
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Phila. well-positioned to foster education tech start-ups (Philly.com: Philly Inc)
QlikTech Bolsters Advanced Visualization With Acquisition of NComVA
Extends Interactive Visualization Capabilities as Entry to Business Discovery (Business Wire)
InstaMed Completes Inside Funding to Support Network Growth (Business Wire)
Dell Moves Deeper Into The Software Business, Acquires Enstratius, One Of The Most Recognized Cloud Management Startups (TechCrunch)
SAP launches free online training for HANA, other new technologies (PC World)
Aklero-NYLX Merger Forms LoanLogics
Combination creates first enterprise loan quality and performance analytics platform.
(PR Web)
LoanLogics is based in Fort Washington.
Aereo files suit against CBS to head off second copyright claim from network (The Verge)
Craig Moffett, ex-Bernstein Analyst, Sets Up Own Firm (Bloomberg)
The Historical Connections Between NBC, GE and Comcast (Cable360)
BMC set to go private in $6.9 billion deal (PC World)
Salesforce Communities: Portal Killers?
(Information Week)
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Daily Links 4/26/2013: QlikTech rises on results; Philly.com owners lose arbitration ruling on trademark challenge to Philly2Philly.com
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What’s the SD Benchmark for ERP Apps Running on SAP HANA? (Thomas Wailgum/ASUG News)
Why in-memory computing is going mainstream
(Information Age)
Qlik Technologies Inks Larger Deals As Q1 Beats (Investor's Business Daily)
Interview: Dell software chief talks transformation (PC World)
AT&T rolls Digital Life home automation service in Comcast, Time Warner Cable, Cox markets (FierceCable)
LevelUp closes nearly all its remote offices, including Philly (Technical.ly Philly)
Whose Website is it Anyway? Philadelphia legal firm tames new frontier (Keystone Edge)
Philadelphia Inquirer wants to own the term “Philly” (Domain Name Wire)
Paper's owner loses arbitration ruling to Philly2Philly.com.
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Devon IT focuses on software, as it teams up with Acer
Tom Paine
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Its unusual to see a company recommend that its customers buy someone else's product rather than its own - most of the time, anyway.
But that's exactly what King of Prussia-based thin client computing vendor Devon IT said in a recent press release ( Acer N2010G Thin Client Replaces Dell, HP, Devon and Wyse Thin Clients At Lower Cost). And on Devon IT's website, Acer models now clearly get top billing.
So what's behind this unusual strategic marketing move? It reflects for one thing a gradual evolution in Devon IT's business model, according to Devon IT VP of Marketing Paul Mancini, who spoke with Philly Tech News. And it also reflects shifting alliances in a rapidly changing and growing segment of the computer industry.
Devon IT has been moving for some time from being a bundled provider of thin client devices and the specialized software they need to function towards shedding the low-margin hardware manufacturing and focusing on its thin client/virtual desktop operating systems and software. While it still uses contract manufacturers to produce a couple of hardware models and customers or distributors can still contract to have other models produced according to Devon IT's reference or top level designs, Mancini says, Devon has been deemphasising its hardware manufacturing. Devon's greatest value lies in its thin client (DeTOS) and zero client operating systems, and its Echo Thin Client Management Software.
The other challenge Devon has faced has been finding a major partner (or partners) to help reach enterprise customers. As a relatively small player, Devon needs both the access to customers as well as the credibility and technical synchronization a major vendor can provide.
One partnership Devon IT developed was with IBM, but that ended in 2010 with Devon filing a RICO lawsuit against IBM and some of its executives (a judge later threw out the RICO portion of the complaint against IBM, but not the individual executives). That lawsuit was settled in October 2012 and the docket was ordered sealed by the judge, meaning the terms of the settlement are not publicly known.
After the termination of the IBM relationship, Devon IT developed a partnership with Dell that was apparently producing big results, as I was about to report one year ago. But Dell suddenly announced its acquisition of a larger Devon competitor, Wyse Technology, for all practical purposes ending its relationship with Devon (see Devon IT may need to reboot itself again after Dell's Wyse acquisition; Challenge also could create new opportunities).
But there were other large players in the PC industry looking for thin client solutions. One of them was Taiwan-based Acer, the 4th largest global PC manufacturer, ranking behind Dell in volume according to IDC data. Last year Acer announced a global alliance with Devon IT, and an Acer thin client product series using Devon IT technology.
There are some other major PC manufacturers out there looking for thin client solutions, but Mancini couldn't comment on whether Devon is working with any of them.
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