Qualcomm doesn’t like Broadcom’s bid

Qualcomm has firmly rebuffed Broadcom‘s bid for them. (Broadcom plans $103bn takeover of Qualcomm.) In a strongly worded press-release Qualcomm’s Board of Directors have rejected Broadcom’s unsolicited bid, and stood behind CEO Steve Mollenkopf, and his plans for the future of Qualcomm. “The Board and Management are singularly focused on driving value for Qualcomm’s shareholders.…

Elliott Management Acquires Gigamon for $1.6 Billion

Investment agitator and vulture Elliott Management have acquired network monitoring firm Gigamon for $1.6bn. Gigamon have recently posted third quarter results (Gigamon Third Quarter 2017 Financial Highlights). These show revenue and profits down over the quarter. Given that Gigamon’s primary product lines are high bandwidth network monitors and taps, this is unsurprising. The physical network…

Digital Realty Completes DFT merger

A press release from Digital Realty completes the merger announced in July. (Digital Realty to acquire DuPont Fabros Technology). The announcement (Digital Realty Completes Merger With DuPont Fabros) also moves two DFT folks to the DLR board. Michael A. Coke and John T. Roberts Jr. now add additional real-estate experience to the DLR board. Hosting is more…

SDxCentral: Sandvine brought by Private Equity to be merged with Procera

SDxCentral reports that the venture capital company which owns Procera Networks is purchasing all remaining stock in Sandvine Networks to merge them together. Francisco Partners and PNI, affiliate companies are managing the acquisition. The merged company will be led by the Procera team, but keep the Sandvine name. Procera’s CEO, Lyndon Cantor and CFO, Richard…

Cisco 1 of 34 new Enterprise Ethereum Alliance Members

The Enterprise Ethereum Alliance has grown and claims it is the largest open-source blockchain initiative. In its press-release (Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative), 34 new organisations have joined, to create a group of 150 that are promoting the Ethereum blockchain, as both private and public deployments. “EEA’s rapid growth in membership…