Why build your own Linux-based quick-boot OS when you can just snatch one up for someone else? That seems to be the philosophy with HP, which will grab the HyperSpace software from Phoenix for about $12 million, Phoenix said.
Like other quick-booting OSes, HyperSpace is built around Linux and loads within a few seconds. HyperSpace, Splashtop, and other similar software are ideal for users who want to quickly surf the web, fire off an email, view an image, or perform other basic tasks in a hurry without waiting for Windows to load, which can take up to several minutes, depending on how old the machine is and what shape it's in.
In addition to the OS, HP will also buy the assets surrounding HyperCore, an embedded hypervisor that allows HyperSpace to run certain core services along with the Windows OS, Networkworld.com reports. Phoenix expects to close the transaction by the end of the month.
In a blog post on Friday, Twitter announced it had acquired Cloudhopper, a small SMS technology company and the second acquisition by the microblogging service so far this month.
"Over the last eight months we have been working with a startup called Cloudhopper to become one of the highest volume SMS programs in the world—Twitter processes close to a billion SMS tweets per month and that number is growing around the world from Indonesia to Australia, the UK, the US, and beyond," Twitter said.
Twitter will use the Seattle-based Cloudhopper acquisition to help connect directly to mobile carrier networks around the world. The microblogging service will also retain Cloudhopper's two-man development team, Twitter said.
Progress Software on Monday announced it has acquired privately held business enterprise software company Savvion Inc. for around $49 million.
"The Savvion BPM suite is a perfect fit for Progress because it offers leading capabilities for business process modeling and execution. The suite also uniquely includes other integrated key capabilities, including business rules management, document management, an event engine and an analytics engine.," said Richard D. Reidy, president and chief executive officer, Progress Software.
Following the acquisition, Progress was quick to revise its business outlook, who now says it expects GAAP revenue to be in the range of $538 million to $548 million for the fiscal year ending November 30, 2010. The company also expects diluted earnings per share to be in the range of $2.16 to $2.28. A month ago, Progress was projecting $2.15 to $2.25 per share on revenue of $520 million to $530 million, well above what analysts had the company pegged at, The Wall Street Journal reports.
EMC said this week it has inked a definitive agreement to purchase Kansas-based Archer Technologies, a privately held governance, risk, and compliance (GRC) software vendor.
"Traditional security management focuses primarily on addressing technology issues, but our customers are telling us that their real challenges are in the areas of policy management, audit and compliance," said Art Coviello, President, RSA, The Security Division of EMC. "You can’t manage what you can’t see. The Archer solution not only offers the visibility into risk and compliance that customers need, it brings stronger policy management capabilities to the RSA portfolio. The end result is customers are able to better manage their security programs and prove compliance across both physical and virtual infrastructures, and effectively communicate to the business."
The acquisition instantly expands EMC's GRC portfolio and enables the company to offer a broader set of IT-GRC solutions, ranging from policy orchestration and real-time security event management, EMC said.
After the deal is finalized, Archer will remain in Kansas and operate as part of EMC's security division, RSA.
It looks like Google may be in final negotiations to acquire Digg for somewhere in the $200 million range. TechCrunch.com reports that negotiations that have been on and off again, have been moving along for the last six weeks. A letter of intent has been signed and a deal is close that will bring Digg under Google News.
As close as a deal is with Google, it could still not come to fruition. Microsoft has previously expressed interest in Digg and I wouldn’t be surprised to see a pending Google deal to stir Microsoft’s interest in Digg again. It seems most of Digg’s revenue comes from a three year ad deal with Microsoft.
The big fish are gobbling up the little fish, but will Microsoft want a nibble too?