It’s been a very busy week for companies getting acquired! We thought it would be best to collect them all together so we could give you a quick overview of what this means for the companies involved. This and more on this week’s Rundown.
0:54 | Intel Not Updating XPoint for new Optane Products
Intel announced last week that they will be using existing gen 2 media for the third generation of 3D XPoint SSDs and persistent memory products. As mentioned during Tech Field Day 25, The 300 series devices will be using second generation media in the upcoming release. During the presentation there was also disucssion of the next generation of 3D XPoint being less reliant on Intel Xeon platforms for performance. Stephen, you were a part of Tech Field Day 25. What’s your take on this?
Read More: Intel’s not updating XPoint media for gen 3 Optane products
4:16 | IBM Misclassified Mainframe Sales
IBM is in a bit of hot water this week. They’ve been sued by a group of investors that are claiming the former CEO, Ginni Rometty, manipulated sales figures to boost the stock price. According to the charges, IBM moved sales booked under their legacy mainframe operations into their cloud and analytics lines of business. The dubious changes were made to inflate the stock price and reward executives particpating in the Annual Incentive Program. IBM has not yet responded to the allegations. Tom, is this a bad look for the former tech giant?
Read More: IBM deliberately misclassified mainframe sales to enrich execs, lawsuit claims
8:46 | AMD Threadripper Stock is Very Low
If you were hoping to purchase a shiny new AMD workstation powered by the Threadripper architecture you may be out of luck. A new report from AMD states that supplies of the professsion-level CPUs are very low and many distributors are showing massive lead times in getting them into the hands of hungry consumers. This is the result of the massive chip shortage that has been affecting the industry at large for the last year. The waves seem to be hitting new areas every quarter, and even AMD CEO Lisa Su has said that the company is trying to invest in capacity to ensure they meet demand. Stephen, will AMD be forced to shift production to meet demand? Or is this a symptom of other resources not being available?
Read More: AMD Threadripper CPU supply severely low, PC makers say
12:57 | A Closer Look: Acquisitions Galore!
It’s been a very busy week for companies getting acquired! We thought it would be best to collect them all together so we could give you a quick overview of what this means for the companies involved:
- 13:23 | SailPoint Going Private with Thoma Bravo
Thoma Bravo is picking up a new security company for their portfolio. They announced they are going to be spending $6.9 billion to acquire identity and access management vendor SailPoint, taking them private. Thoma Bravo has had an equity stake in SailPoint since 2014.
Read More: Identity Security Company SailPoint Acquired by Thoma Bravo - 14:49 | Kaseya Buying Datto
Finally, a positive mention of Kaseya on the Rundown. They’re buying backup and disaster recovery company Datto for $6.2 billion. The move follows the Datto IPO back in late 2020. Back in March, Datto said it was looking for a private equity buyer or someone to take over the compnay, valued now at around $5.7 billion.
Read More: Kaseya buying Datto for $6.2 billion - 16:29 | Perforce Purchases Puppet
Perforce, which is owned by Clearlake Capital, announced they are purchasing automation platform Puppet. Terms were not announced. Perforce has said they will integrate the tool suite into their DevOps-focused solutions.
Read More: Perforce adds infrastructure automation tooling with Puppet acquisition - 18:21 | NetApp buying Instaclustr
NetApp announced they are buying Instaclustr, an platform for manageing data and workflow applications-as-a-service. The move is seen as a way for NetApp to start offering database-as-a-service for a wide variety of cloud-based tools like Kafka, Cassandra, or ElasticSearch. Terms of the deal were not announced.
Read More: NetApp Announces Intent to Acquire Instaclustr, the Industry Leading Platform for Deploying and Managing Open-Source Data and Workflow Applications as a Service - 21:04 | KKR to Acquire Baracuda Networks from Thoma Bravo
Investment firm KKR announced yesterday they are buying security vendor Baracuda Networks from Thoma Bravo. Terms were not announced but the reported value of Baracuda is almost $4 billion. Baracuda has over 200,000 worldwide customers. No breakdown on how many of them came from airport advertisements.
Read More: KKR to Acquire Barracuda Networks From Thoma Bravo
23:59 | The Weeks Ahead
Dell Technologies World is taking Place May 2 through May 5, 2022
Networking Field Day is taking place May 4 through May 6, 2022
AI Field Day is taking place May 18 through May 20, 2022
Cisco Live US is taking place June 12 through June 16, 2022
The Gestalt IT Rundown is a live weekly look at the IT news of the week. It broadcasts live on Facebook every Wednesday at 12:30pm ET. To watch along, “Like” our Facebook page. Be sure to subscribe to Gestalt IT on YouTube for even more weekly video content.
