Maria Deutscher
Latest from Maria Deutscher
BigPanda Inc., a fast-growing startup competing in the AIOps segment of the enterprise software market, today said that it has closed a $190 million funding round at a $1.2 billion valuation. Advent International and Insight Partners co-led the round. AIOps is the …
Aptiv acquires IoT operating system maker Wind River for $3.4B
Auto parts giant Aptiv PLC is buying Wind River Systems Inc., a firm whose software runs on 2 billion “internet of things” devices, in a $3.4 billion acquisition announced today. Aptiv is acquiring the company from TPG Capital, the private equity arm …
Sequoia and Paradigm invest $1.15B in electronic trading firm Citadel Securities
Sequoia Capital and Paradigm, an investment firm focused on the cryptocurrency ecosystem, have bought a $1.15 billion stake in electronic trading company Citadel Securities LLC. The New York Times and Wall Street Journal reported the investment today. Citadel Securities LLC is now …
Car sharing marketplace Turo files for IPO
Turo Inc., the operator of the world’s largest car sharing marketplace, has filed for an initial public offering on the New York Stock Exchange. San Francisco-based Turo announced its IPO plans late Monday. The startup said in the regulatory filing for the …
Apple says developers have generated $260B in revenue through the App Store
Apple Inc. today shared new data about the growth of the App Store, detailing that developers have generated total revenue of more than $260 billion through the marketplace since its launch in 2008. According to CNBC, the iPhone maker previously stated that …
Report: UK financial regulators plan to increase scrutiny of cloud providers
U.K. regulators plan to increase their scrutiny of public cloud platforms amid concerns about the impact of a potential future outage, the Financial Times reported late Sunday. Several of the U.K.’s largest banks have inked cloud deals with Amazon Web Services Inc., …
Videogame giant Take-Two Interactive acquires Zynga for $12.7B
Video game company Take-Two Interactive Software Inc. today announced plans to acquire Zynga Inc., a major player in the mobile game market, for $12.7 billion. The deal values Zynga at $9.861 per share, a 64.5% premium over the price at which the …
Andreessen Horowitz raises $9B for three new investment funds
Prominent venture capital firm Andreessen Horowitz, an investor in tech firms such as Stripe Inc. and Databricks Inc., today said it has raised $9 billion for three new funds. The largest of the new investment vehicles, dubbed the Growth fund, is launching …
Chip demand and foldable devices boost Samsung’s fourth-quarter earnings
Samsung Electronics Co. Ltd. estimates that its revenue reached a record 76 trillion won, or about $63.1 billion, in the fourth quarter ended Dec. 31. The South Korean electronics giant released its revenue estimate early today as part of its fourth-quarter earnings …
GM will use Qualcomm chips in upcoming Ultra Cruise driver assistance system
General Motors Co. has joined with Qualcomm Inc. to develop a driver assistance system that will enable vehicles to operate autonomously 95% of the time, the companies announced today. The driver assistance system is known as the Ultra Cruise. GM plans to …