alarm:clock

Enterprise Software - Tuesday, February 26, 2008

Novell Pays $205M For Virtualization's Platespin

Thumb Toronto-based PlateSpin, which makes workload management software for virtualized data centers, has been bought by Novell for 205M in cash. This is a crushing win for management and investors who had managed the deal after just $17M had been put in. Investors in PlateSpin included Insight Venture Partners, OpenView Venture Partners, CastleHill Ventures, Covington Capital and Skylon Capital. PlateSpin reported $20M in revenues last year. It is in the white hot virtualization space where it manages to play nice with other industry players from VMWare to Citrix and Microsoft. In January, PlateSpin began selling hardware preloaded with its software. PlateSpin Forge is a disaster recovery appliance that can protect the workloads of 25 servers by hosting duplicated workloads as virtual machines. In the event of a failure, the appliance takes over and substitutes for the troubled server. If you have some time to kill, check PlateSpin's commercial View - site... Continue...

Enterprise Software - Friday, February 15, 2008

Novell Buys Groupware's Sitescape

Thumb Novell has been stuck in a rut for too long. We can't recall the last time the Utah-based software company was involve in a deal. Today it announced that it was buying groupware's Sitescape. Founded in 1995 and based in Maynard, MA Sitescape was originally spun out of DEC. Sitescape started out making open-source Web workspace and then it bought a conferencing solution and now it is addressing social networking. Sitescape clients include the US Navy, US Centers for Disease Control, the European Space Agency, Lockheed Martin, Shell, and Starwood Hotels. Sitescape may have sold to Novell as it is facing strong competition from Microsoft Sharepoint as well as from smaller innovators like Jive Software, SuiteTwo and SpikeSource. View - site... Continue...

More Recent Articles

Sun To Pay Cool $1B For MySQL

Friday January 18, 2008

LogMeIn Logs IPO Filing

Monday January 14, 2008

Angels Back CAD Startup Multistat

Friday January 11, 2008

NetSuite IPO A Keeper

Thursday December 20, 2007

Drupal Creator Raises $7M For Acquia

Thursday December 20, 2007

SpeedTax Funded For SalesTax SaaS

Tuesday November 20, 2007

SuccessFactors Prices Up To $108M IPO

Saturday November 3, 2007

Oracle Buys Compliance's LocalApps

Wednesday October 10, 2007

Ariba Buys Procuri For $93M+

Friday September 21, 2007

alarm:clock © 2004-2008