April 2009

Flash, Burn & Crash!

Acquisitions, like moths to a naked flame!

Too much to do, too much information to absorb and so too little time in which to do it! How many senior managers have spare time and would relish yet another time absorbing project to be dumped on their desk?

SUN set or SUN rise for SUN Microsystems

Due to the media speculation about IBM acquiring Sun Microsystems many crystal ball gazers were surprised (even if they don't admit it) when it was announced that Oracle will acquire Sun later this summer. Oracle have agreed to pay $7.4B at $9.40 for each share which when subtract the cash and money owed to Sun means a true acquisition price of $5.6B. Enough money to bail out a few banks!

Open Text Acquires Vizible

Open Text acquired Toronto-based Vizible Corporation, a privately held developer of media interface solutions. The addition of Vizible expands Open Text's set of Digital Media solutions, which help companies manage rich-media content such as video, audio, graphics and photography.

Anacomp acquired by Formscan

Formscan, led by Chris Haden, has acquired the UK business of Anacomp for an undisclosed sum. The acquisition brings to Formscan, staff, secure offsite archiving facilities, and outsource document process management capabilities. These complement Formscan's existing software solutions and document management services, positioning the company as an all-round document services provider.