Lot of M&A activity in last month. I was particularly excited about Microsoft taking over WinTarget product from String Bean. I really liked their approach for iSCSI target product. I hope Microsoft decides to incorporate iSCSI target functionality into their server product line. It will be a great tool to enable SMBs to implement high availability with ease and confidence.
String Bean Software was the only product vendor, we ever signed a product reseller agreement with. And this relationship finally ended today as we received the reseller agreement termination letter from Mickey McIntire, CEO of String Bean Software.
It looks like storage companies are adopting GYM approach of buy early and cheap. Who will be next to get acquired? I was going to bet on Data Domain. But I am not sure there are many storage players who will be willing to pay $250+ million, it deserves.
M&A headlines from B&S:
03/07/2006 CA Completes Wily Buy
03/06/2006 Brocade Bags NuView
03/06/2006 EMC Acquires Authentica
03/06/2006 Atempo Swallows Storactive
03/03/2006 Microsoft Munches String Bean
03/01/2006 McData & Riverbed: A Rumored Pair
02/27/2006 Hitachi Picks Archiving Partner
02/23/2006 Sun Shines on Aduva Grid
02/16/2006 Qlogic Bets on InfiniBand
02/07/2006 StoneFly Officially Lands in DNF
02/07/2006 HP Hops on OuterBay