Arik Hesseldahl in News on January 31 at 8:59 pm PT
Utah-based Domo Technologies has now raised $63 million. So what’s it going to use all that money for? Maybe, just maybe, an acquisition or two?
Arik Hesseldahl in Enterprise on January 27, 2011 at 4:50 am PT
On Deck Capital, which helps small businesses aggregate their financial information to help them get the loans they need, lands $15 million in a funding round led by SAP Capital.
Arik Hesseldahl in Enterprise on January 24, 2011 at 9:00 pm PT
Both its revenue and its number of customers have tripled in the last year, so the Web-based help desk tracker is beefing up its executive team.
Don Clark, Reporter, The Wall Street Journal in News on March 19, 2010 at 1:00 pm PT
Managers who have built significant businesses from open-source software have tended to be rare. That’s why the computer industry has been wondering about the next move for Marten Mickos, who led the Swedish database company MySQL and sold it in 2008 to Sun Microsystems for $1 billion.
John Paczkowski in News on January 25, 2010 at 11:53 am PT
If Sun CEO Jon Schwartz’s recent all-hands memo to employees had all the sentimentality of a farewell letter, it’s likely because he’s preparing to leave the company. Sources close to Sun tell me Schwartz will soon resign as CEO, leaving the company in the hands of new owner Oracle and its very profit-minded leadership.
John Paczkowski in News on January 21, 2010 at 4:10 am PT
The European Commission this morning unconditionally approved Oracle’s proposed acquisition of Sun Microsystems, removing one of the last hurdles to the $7.4 billion deal. Digital Daily reported Monday that people close to the companies expected the EC to clear the deal by today.
John Paczkowski in News on December 14, 2009 at 9:00 am PT
Looks like Oracle has managed to ease European regulators’ antitrust concerns over its $7 billion acquisition of Sun–perhaps even enough for them to approve the thing. This morning, Oracle and the European Commission both said they have had “constructive discussions” about the company’s plans for Sun and, more specifically, its open-source MySQL database software.
John Paczkowski in News on December 10, 2009 at 12:48 pm PT
Oracle is defending its planned acquisition of Sun Microsystems before the European Commission this week, and according to the company’s legal team, the first day of arguments went quite well. “I am extremely happy,” Oracle attorney Thomas Vinje said of the first half of the two-day hearing in Brussels.
John Paczkowski in News on November 25, 2009 at 12:16 pm PT
Come early December, Oracle will meet with European Commission regulators to urge their approval of its merger with Sun Microsystems. “Two people with knowledge of the matter” tell Reuters that “Oracle has asked for a hearing which has been fixed for Dec. 10.”
John Paczkowski in News on November 10, 2009 at 12:48 pm PT
For Oracle, whose acquisition of Peoplesoft and Siebel Systems cleared in Europe without conditions, news that the European Commission issued formal objections to its purchase of Sun was likely particularly galling. According to Oracle CEO Larry Ellison, Sun is already losing $100 million a month as it waits for regulatory approval, and judging from the price of the company’s stock today, it may be losing even more.
