Welcome!

Artificial Intelligence Authors: Zakia Bouachraoui, Yeshim Deniz, Pat Romanski, Jason Bloomberg, Liz McMillan

Blog Feed Post

Tricky business of tech acquisition

The big news this week is the back-firing of HP’s acquisition of British software company Autonomy last year. HP paid a whopping $11.1B to acquire Autonomy even when it’s CFO was against the deal. HP took a charge of $8.8B citing accounting improprieties done by Autonomy to inflate company value. Of course the question is how come HP scrutiny did not see that before making the big decision to acquire. This all happened under the last CEO Leo Apotheker, even though current CEO Meg Whitman voted for it as a board member.

We have seen a few other acquisitions gone wrong during last few years. HP leads the list with two others – Palm and EDS. Palm was acquired in 2010 for $1.2B to get HP into the hand-held smart device business. But that did not work. The EDS acquisition in 2008 at $13.9B was aimed at competing against IBM’s Global Services. Now HP has taken $8B charge and there is rumor of a potential sale of that unit.

Microsoft acquired eQuantive in 2007 for $6.3B, but took a write-down of $6.2B in 2011. Cisco acquired Pure Digital (makers of the Flip Video Camcorder) for $590M for reasons unclear (get into consumer electronic business, far away from its core networking gears). It closed that business last year.

eBay acquired Skype under Meg Whitman’s watch in 2005 for $3.3B. Somehow that goal of combining client’s voice to its core auction business did not pan out. Finally eBay sold that unit to SIlver Lake partners for $1.9B. Last year Microsoft bought Skype for $8.9B!

IBM and Oracle on the other hand, seem to have acquired several companies successfully adding to their growth in business and scope. The trick lies in the strategy group looking carefully as to why such a move makes sense and how to blend the acquired product and technology to its existing fabric. HP now blames its chief technology guy Shane Robison who was instrumental in the Autonomy decision. But both Apotheker and Robison are gone from HP.

Shareholders of these public companies are an unhappy lot as the write downs affect the stock value, as seen this week in HP’s stock price.


Read the original blog entry...

More Stories By Jnan Dash

Jnan Dash is Senior Advisor at EZShield Inc., Advisor at ScaleDB and Board Member at Compassites Software Solutions. He has lived in Silicon Valley since 1979. Formerly he was the Chief Strategy Officer (Consulting) at Curl Inc., before which he spent ten years at Oracle Corporation and was the Group Vice President, Systems Architecture and Technology till 2002. He was responsible for setting Oracle's core database and application server product directions and interacted with customers worldwide in translating future needs to product plans. Before that he spent 16 years at IBM. He blogs at http://jnandash.ulitzer.com.

IoT & Smart Cities Stories
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...