Acquisitions watch: Polycom-ViVu, Oracle-Endeca, Red Hat-Gluster, HP-Autonomy

- Wednesday, October 19, 2011

Acquisitions watch: Polycom-ViVu, Oracle-Endeca, Red Hat-Gluster, HP-Autonomy

Telepresence specialist Polycom (Nasdaq: PLCM) has acquired California-based video collaboration software company ViVu, the former said in a statement.

The value of the transaction was not disclosed, but Polycom expects the deal to be neutral to earnings.

The ViVu acquisition gives Polycom scalable software technology for web-based applications to deliver HD video collaboration for social media and vertical market applications.

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Oracle (Nasdaq: ORCL) has entered into an agreement to acquire Endeca Technologies, a US provider of unstructured data management, web commerce and business intelligence solutions, Oracle said in a statement.

The transaction, the value of which was not disclosed, is subject to customary closing conditions and is expected to wrap up by year-end. Until the deal is concluded, each company will continue to operate independently.

A privately held company, Endeca provides products that help companies analyze unstructured data, gain business intelligence and improve customer experience.

The combination of Oracle and Endeca is expected to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information together.

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US Linux operating systems provider Red Hat (NYSE: RHT) has signed a definitive agreement to acquire US open source storage solutions provider Gluster for some US$136mn in cash, the companies said in a statement.

The transaction is expected to conclude this month, subject to customary closing conditions. Though it is not expected to have a material impact on Red Hat's revenues this fiscal year, these should begin to grow next year.

"Industry analysts estimate the total addressable market for unstructured data storage at approximately US$4bn and growing. This is an exciting new area of potential growth for Red Hat and one in which we intend to invest aggressively," said Charlie Peters, executive VP and CFO of Red Hat.

Gluster provides scale-out, open source storage solutions for standardizing the management of unstructured data.

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HP (NYSE: HPQ) has acquired control of UK software maker Autonomy, the former said in a release.

Holders of 213mn Autonomy shares accepted HP's previously announced offer to purchase the UK company's entire share capital at 25.50 pounds each in cash. This purchase represents some 87.3% of Autonomy's current issued share capital.

Autonomy offers solutions that are complementary across HP's enterprise offerings and strengthens the company's data analytics, cloud, industry and workflow management capabilities.

As previously announced, Autonomy will operate as a separate business unit. Mike Lynch, founder and CEO of Autonomy, will continue to lead the business and will report to Meg Whitman, HP president and CEO.