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News & Analysis

Mergers and acquisitions round up

- June 5, 2015 2 MIN READ

It’s another Friday, so here’s the mergers and acquisitions round up:

Salesforce acquires Tempo

Salesforce acquired smart calendar app Tempo for an undisclosed sum. The app, which will be incorporated into the Salesforce platform, will be discontinued at the end of June.

Founder and CEO Raj Singh stated in a blog post, “We started Tempo to build an assistant for the mobile business professional. The calendar was the perfect interface, since it’s the beat of our professional lives. With Tempo, we created a smart calendar, using artificial intelligence to enable the next generation of mobile productivity. We brought context to your events and automated many of your tasks, just like a real-world assistant, saving our users millions of minutes.”

Microsoft acquires 6Wunderkinder GmbH

Microsoft has announced its acquisition of Berlin-based startup 6Wunderkinder, the creators behind the to-do list app Wunderlist. Microsoft stated that the app, which has amassed 13 million users, will remain free in all of its existing markets, with no price changes to come for Pro of Business users. The app will also continue to support third-party apps and integrated services, and the 6Wunderkinder team will continue working in Berlin.

IBM acquires Blue Box

IBM has acquired Seattle startup Blue Box, which provides OpenStack private cloud services. OpenStack is an open source computing platform that allows people to create public and private clouds, and was established in 2010 as a way to limit Amazon’s domination of the cloud services market.

Jesse Proudman, founder and CTO of Blue Box, said in a blog post on the deal, “For IBM, acquiring Blue Box is a way to turbo-charge their cloud strategy: Our technology and business model will become a formational kernel for the IBM Cloud organization to rally around for private cloud. Add SoftLayer’s global footprint and IBM’s OpenStack upstream capabilities, and I can’t think of an organization better suited to tackle this challenge.”

Cisco to acquire Piston Cloud Computing

In another OpenStack cloud-related deal, Cisco has announced its intent to acquire San Francisco-based startup Piston Cloud Computing as part of its plans to develop the Intercloud, a ‘globally connected network of clouds’.

Hilton Romanski, Cisco’s head of corporate development, wrote in a blog post, “The acquisition of Piston will complement our Intercloud strategy by bringing additional operational experience on the underlying infrastructure that powers Cisco OpenStack Private Cloud. Additionally, Piston’s deep knowledge of distributed systems and automated deployment will help further enhance our delivery capabilities for customers and partners.”

As TechCrunch wrote, though the OpenStack project originally launched with much hope, adoption has been slow and startups in the space have been forced to consolidate.

Image: Salesforce CEO Marc Benioff. Source: Seattle Times

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