Deals done this past week


19 Dec 2011

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An overview of the week in deals in the Irish and global technology sector.

IBM buys cloud analytics player Emptoris

IBM has acquired Emptoris, a provider of cloud and on-premise analytics software. The deal, the financial terms of which weren’t disclosed, will result in extra firepower for IBM’s Smarter Commerce division.

IBM’s Smarter Commerce initiative is aimed at helping companies respond to shifting customer buying patterns. 

Emptoris brings to IBM Smarter Commerce a set of new, flexible and integrated solutions that orchestrate and manage the sourcing and procurement of goods and materials as part of supply chain management.

Supply chain intelligence using these solutions enables better inventory management and can create large savings opportunities.

EMC signs cloud infrastructure deal with United Drug

EMC has signed a deal with healthcare provider United Drug to move its IT infrastructure and its data to the cloud.

This will allow United Drug to store its information on a virtual platform. It will use a private cloud model to hold its rapidly growing volumes of data which will eliminate multiple storage tiers and inadequate disk space.

Silicon Valley firm acquires Irish entrepreneur’s Focal Labs

Silicon Valley company RadiumOne has made its first acquisition – Irish mobile photo app company Focal Labs.

“Our entire team will join RadiumOne and our products will be supported by the company. Most importantly, we now have the resources to achieve the vision we had when we founded Focal Labs,” said Focal Labs founder Fergus Hurley.

RadiumOne is an online ad network to leverage social data on the web.

Gurbaksh Chahal, founder and CEO of RadiumOne, spoke today about how more than 15bn items are shared every day across the open web, many of which are photos.

"Focal Labs’ skill and passion for building elegant and successful mobile apps – as demonstrated by millions of downloads of Clixtr and PicBounce over the past three years – was very attractive to us and will complement our first-party product strategy," said Chahal.

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