Vista acquires Autotask
Autotask a provider of hosted IT business management software, announced today that it has entered into an agreement to be acquired by Vista Equity Partners (“Vista”), a private equity firm with approximately $11.5 billion in cumulative capital commitments in software, data and technology-enabled services companies.
Founded in 2001 and headquartered in East Greenbush, N.Y., Autotask provides comprehensive, integrated IT business management software and solutions that enable service providers to manage their front, mid and back office through better organisation, automation and optimization of business processes.
Atos owns 84.25% share Capital of Bull
The Board of Directors of Bull, the trusted partner for enterprise data, met on August 19th 2014 further to the success of the friendly tender offer launched by Atos, the international information technology services company, for all the issued and outstanding shares and all the bonds convertible in existing or new shares (OCEANEs) of Bull, and decided certain changes related to the evolution of the governance of the group.
The Board of Directors acknowledged that Atos now owns 84.25% of the share capital and of the voting rights in accordance with the results of the tender offer published by the French Financial Markets Authority (AMF) and that the perspective announced by Atos in its information note approved by the AMF shall be the implementation of a mandatory squeeze-out upon expiration of the period of reopening of the offer should the necessary conditions be satisfied or, failing that, of a merger of Bull into Atos.
As a consequence, following the Board meeting, the composition of the Board noticeably changed with the cooptation of Mr. Thierry BRETON, Mr. Charles DEHELLY, Mr. Gilles GRAPINET and Mr. Michel-Alain PROCH as Board members and the appointment of Mr. Marc MEYER and Mr. Philippe MAREINE as observers (censeurs). These cooptations and appointments of key figures linked with Atos took place due to the resignation of six Board members and one observer (censeur).
New Technical Director for C4L, Alex Cruz Farmer
Alex Cruz Farmer has been appointed Technical Director of C4L Group a Fast Growing Colocation, Connectivity, Cloud & Comms company. With his experience in the IT infrastructure industry, the new Technical Director appointment is a calculated move in the strategic growth plan of C4L.
C4L are making strategic appointments in line with huge market growth and newly launched Connectivity and Cloud products, the decision to appoint a Technical Director was strategic, and had very specific requirements in terms of industry expertise and experience.
Alex has over a decade of senior experience in wholesale and service provider diligences. He will now be utilising these skills to direct every technical decision over all C4L Group companies including ownership of strategic technical direction and planning and execution of technical automation of C4L’s products and services.
Nik Stanbridge appointed VP Product Marketing Arkivum
At Arkivum, he occupies the precarious position of VP product marketing. Precarious?
Arkivum founded in 2011, as a spin-out of the University of Southampton 2011. The company specialises in the management and storage of an organisation's information assets and delivers systems that can intelligently manage content to efficiently store and retrieve data over the long term while offering a highly cost-effective solution, with low up-front investment and zero risk
Over 15 years’ experience product marketing and product management has taught Nik a thing or two about managing product lifecycles and devising the kind of product marketing strategies that help businesses to flourish and grow.
Read more: Nik Stanbridge appointed VP Product Marketing Arkivum
survey reveals frustrated CIOs struggling to keep IT on the strategic agenda
Most CIOs too busy fire-fighting to plan and drive the business forward
The new survey reveals that Chief Information Officers (CIOs) and IT Directors believe they are no longer playing a major part in shaping business strategy.
Read more: survey reveals frustrated CIOs struggling to keep IT on the strategic agenda
