Polycom, Inc. entered into a merger agreement to acquire Obihai Technology, Inc.
Obihai Technology, Inc. develops hardware and software products for voice over Internet protocol endpoints.
Mergers & Acquisitions
Priority Software Ltd. acquired Acclivity Group LLC.
Acclivity Group LLC develops, sells, and supports small business accounting, management, and point of sale software for Macintosh and Windows platforms in the United States and internationally.
Cerberus Capital Management, L.P. and other unknown buyers acquired Isola Group Ltd.
Isola Group Ltd., a material sciences company, engages in the design, development, manufacture, and sale of copper-clad laminates and dielectric prepregs used to fabricate multilayer printed circuit boards.
KPMG LLP agreed to acquire Cyberinc.
Cyberinc provides security products that protect organizations from cyber-attacks.
NIIT (USA), Inc. acquired Eagle International Institute, Inc.
Eagle International Institute, Inc., doing business as Eagle Productivity Solutions, provides training solutions for companies adopting sophisticated cloud-based applications in the pharmaceutical and life sciences industry.
Saksoft Inc. acquired Faichi Solutions LLC.
Faichi Solutions LLC provides outsourced product engineering, open source development, and drupal development consulting services.
MRS Associates, Inc. acquired Vantage Sourcing, LLC.
Vantage Sourcing, LLC provides business process outsourcing services.
Barracuda Networks, Inc. acquired PhishLine, LLC.
PhishLine, LLC develops and distributes a social engineering management platform.
Microsoft Azure signed an agreement to acquire Avere Systems, Inc. from Menlo Ventures, Norwest Venture Partners, Alphabet Inc. (NasdaqGS:GOOGL), Lightspeed Venture Partners, Tenaya Capital Inc., Western Digital Capital and others on January 3, 2018. Post-acquisition Avere Systems will be a part of Microsoft Azure and Avere Systems team will join Microsoft Azure.
Avere Systems, Inc. provides cloud file storage infrastructure. It offers Virtual FXT Edge filers that act as network-attached storage in the compute cloud; CloudFusion, a cloud-based file system that eliminates the unnecessary use of elastic compute cloud storage silos; FXT Edge Filers that optimize NAS and enable cloud storage; storage management software for NAS infrastructures; FlashMove software to manage data moves and migrations; FlashMirror software to mirror data for data protection and recovery; and FlashCloud that provides NAS integration for cloud-on-demand. The company also provides cloud enablement solutions, such as private object and active archive, as well as cloud bursting, NAS, and storage gateway solutions; and storage management solutions, including NAS optimization, performance, cost management, data management, and wide-area network solutions. It serves government, financial analysis, media and entertainment, life science, and software dev tool industries. Avere Systems, Inc. was formerly known as Arriad, Inc. The company was founded in 2008 and is based in Pittsburgh, Pennsylvania with data centers worldwide.
Atrio Systems, Inc. acquired Microsoft practice from RCM Technologies, Inc.
NuSoft Solutions, Inc. operates as a Microsoft consultancy providing enterprise business and technology solutions.