Behavio, the startup best known for maintaining the open-source Funf mobile framework, announced Saturday that its staff had been acquired by Google, in a move likely aimed at bolstering the search giant's mobile capabilities.

Apple has bought a small software startup that lets smartphones and tablets pinpoint their location indoors using nearby Wi-Fi signals.

Tripwire today said it had acquired nCircle for an undisclosed price, a deal that will meld together two longtime rivals in the security and vulnerability-management industry. Tripwire, which had been acquired by investment firm Thoma Bravo two years ago, said it expects to continue making more acquisitions to grow as a security company.

The total value of technology mergers and acquisitions (M&A) fell 35 per cent in 2012 compared to 2011 on concerns of sluggish macroeconomic conditions, but Cloud computing represented a bright spot, with software as a service (SaaS) companies specifically being a hot target for activity, according accounting firm Ernst & Young.

Application delivery vendor Radware has bought Web acceleration provider Strangeloop for $8.4 million and will sell its products under a new name.

Juniper Networks has acquired the assets of Webscreen Systems, a developer of distributed denial-of-service (DDoS) mitigation products, from Accumuli of the United Kingdom.

AT&T on Tuesday said it has agreed to buy Alltel’s U.S. wireless operations, including licenses, network assets, retail stores and about 585,000 subscribers, for $780 million in cash. Technically, AT&T is buying the operation from the lesser known Atlantic Tele-Network, Inc. (ATNI).

Under the merger, Ajilon will maintain more than 1300 IT and sector-specific experts.

M&A industry veteran Paul Deninger, a vice chairman at Jefferies & Co., has made a living advising companies on mergers, acquisitions, IPOs and the like. But even he acknowledges that too much industry consolidation isn't a good thing for technology innovation. I spoke with Deninger this week about the state of the M&A market and what’s likely ahead.