Australia’s MetroNode acquired by Equinx in $792mn deal

Australia’s MetroNode hosting company has been acquired by Equinix for $792mn. 100 % held by the Canadian Ontario Teachers Pension Plan currently, MetroNode was previously part of the NextGen Group. When the ownership of NextGen changed in 2016, OTPP retained MetroNode (NextGen became part of Vocus Communications) OTPP has now agreed to sell MetroNode to…

Approvals delay Qualcomm acquisition of NXP

Qualcomm has announced an extension of its deal to purchase NXP . The agreement is subject to regulatory approval in multiple jurisdictions. Similar to Broadcom’s recent purchase of Brocade this can be held up. Bloomberg is reporting that the EU is close to approving the Qualcomm/NXP deal. But Qualcomm has another challenge. Activist investor Elliott…

Broadcom completes drawn-out acquisition of Brocade

Broadcom has finally achieved completion on its acquisition of Brocade. Announced in November 2016, this deal has finally completed. Brocade disposed of various units, such as the vRouter team to AT&T. The closing of the deal also releases others for completion. Expect to see deals closing soon including its Wifi business, Ruckus, and IP and…

VMware acquires VeloCloud, consolidates SD-WAN market

VMware have announced in a blog post (Leading our Industry into a Software-Defined Future with Strategic M&A) that they are acquiring VeloCloud. They have also issued the obligatory press-release to support this. They follow Cisco’s acquisition of Viptela (Viptela plans for acquisition by Cisco) in integrating SD-WAN as a feature into networks rather than a…

CenturyLink completes acquisition of Level 3

CenturyLink  has completed its acquisition of Level 3 Communications. In their press-release (CenturyLink completes acquisition of Level 3), they claim they are now positioned to: Offer a broader, innovative product portfolio of network solutions and advanced IT services designed to meet complex technology and threat protection needs Deliver these solutions and services to enterprise, government,…

Samsung completes sale of printer business to HP Inc

Samsung has completed the sale of its printer business to HP Inc for $1.05bn. (HP Completes Acquisition of Samsung Electronics Co., Ltd. Printer Business). This completes a deal announced in September 2016 (HP Inks $1.05bn deal for Samsung’s Printer Business) HP has acquired not only the Samsung multi-function printer portfolio but also the 1,300 researchers…

Extreme buys Brocade data centre switching assets direct

Extreme  has announced that they have closed a deal direct with Brocade , rather than wait for the Broadcom  acquisition. (Extreme Networks Completes Acquisition of Brocade’s Data Center Networking Business). This is different to the planned acquisition announced in March. Broadcom’s recent announcement that they have refiled with CIFUS has caused some consternation with other organisations…

Brocade and Broadcom delay merger until November 30

A year to the date of the original merger announcement Broadcom to buy Brocade for $5.9bn, both Brocade and Broadcom  have announced a delay in their merger. The Committee on Foreign Investment in the United States (CFIUS) needs more time for investigation.  So to support this, they have withdrawn and refiled their documents with CFIUS. CFIUS,…