Maria Deutscher
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Google buys New York office building for $2.1B to support growth plans
Google LLC today announced that it will spend $2.1 billion to acquire St. John’s Terminal, a sprawling office building in Manhattan, to expand its New York operations. The search giant originally added St. John’s Terminal to its network of office buildings through a lease that included an option to buy the facility. The deal, which ...
Nutanix debuts new cloud and cybersecurity features at .NEXT
Nutanix Inc. kicked off its .NEXT event today by introducing an array of product updates aimed at helping enterprises operate their multicloud environments more effectively and improve cybersecurity. Publicly traded Nutanix sells software products that information technology teams rely on to run their companies’ infrastructure. Nutanix’s technology can be used to manage both cloud environments ...
Saviynt raises $130M to help enterprises block unauthorized application access
Saviynt Inc., a startup with an identity and access platform that helps enterprises secure their business applications, has raised $130 million to continue its recent revenue momentum. The funding round was announced this morning. Saviynt says that the financing, led by HPS Investment Partners and PNC Bank, follows a year in which new product bookings ...
Fivetran nabs $565M at $5.6B valuation and buys data integration firm HVR Software for $700M
Data integration startup Fivetran Inc. today announced two major business milestones: It has closed a $565 million funding round at a $5.6 billion valuation and it’s using part of the proceeds to finance the acquisition of HVR Software Inc., another data integration provider. The Series D round was led by Andreessen Horowitz. The deal to ...
Report: Biden administration to roll out sanctions targeting ransomware payments
The Biden administration reportedly plans to roll out sanctions aimed at disrupting hackers’ ability to collect ransomware payments using cryptocurrency. The Wall Street Journal reported the plans today, citing sources familiar with the matter. The sources believe that the sanctions could be implemented as early as next week by the U.S. Treasury Department. The sanctions ...
Mirantis makes building hybrid clouds easier with new Mirantis Flow platform
Cloud operations specialist Mirantis Inc. on Thursday introduced Mirantis Flow, a new platform that it says will enable enterprises to build and operate hybrid clouds more efficiently. Campbell, California-based Mirantis makes software products that help information technology teams run their organizations’ infrastructure. The company additionally provides tools for managing software container applications. “Until now, cloud-native ...
Microsoft announces Office 2021 launch date as new Office LTSC edition rolls out
Microsoft Corp. today announced that the next major iteration of its Office productivity suite, Office 2021, will become generally available to consumers on Oct. 5. Also today, the company launched a new version of Office LTSC, a separate edition of the productivity suite that’s aimed at the enterprise. Microsoft provides multiple ways of accessing Word, ...
Alphabet’s X lab uses light to beam data across the Congo River
Alphabet Inc.’s X lab today shared an update on an internal initiative aimed at delivering internet connectivity using laser-based optical networking systems. The Google LLC parent company calls the initiative Project Taara. Baris Erkmen, the director of engineering for Taara, announced in a blog post that two of the optical networking systems developed as part ...
Fintech company GreenSky acquired by Goldman Sachs in $2.24B deal
Goldman Sachs Group Inc. is spending approximately $2.24 billion to acquire GreenSky Inc., a financial technology company that competes in the rapidly growing “buy now, pay later” market. Under the transaction terms announced on Wednesday, GreenSky’s investors will receive 0.03 Goldman Sachs shares for every share of the fintech company they own. The deal values GreenSky ...
Microsoft rolls out passwordless login support to its core consumer services
Consumers will soon be able to log into their Microsoft Corp. accounts with methods other than entering their usernames and passwords. The new passwordless login methods, announced by Microsoft today, are set to roll out over the coming weeks. They will require the Microsoft Authenticator app to use. After downloading the app, a user must ...