Maria Deutscher
Latest from Maria Deutscher
Market intelligence startup Crayon raises $22M to accelerate growth plans
Crayon Inc., which provides a cloud service that helps companies such as Salesforce.com Inc. spot opportunities to gain an edge over competitors, has closed a $22 million funding round by Baird Capital. The Boston-based startup said today that it will use the financing to support growth initiatives. Crayon is hoping to double its nearly 100-person ...
Google wins major cloud contract to host Vodafone’s big data and SAP workloads
Google LLC today revealed that it has signed an expansive six-year cloud contract with Vodafone Group PLC to host all the carrier’s big data and business analytics workloads, as well as its fleet of SAP applications. The carrier’s Google Cloud environment will be powered by a custom, high-capacity data processing platform dubbed Nucleus. The companies ...
Verizon’s media group to be acquired by Apollo in $5B deal
Verizon Communications Inc. has inked a $5 billion deal to sell its media group, which includes major online properties such as Yahoo Finance, to private equity firm Apollo Global Management. The sale was announced this morning. Under the terms of the transaction, Verizon is set to receive $4.25 billion in cash along with a 10% ...
Dell to sell its Boomi software business to private equity firms for $4B
Dell Technologies Inc. has announced that private equity firms Francisco Partners and TPG Capital will acquire its Boomi integration platform as a service, or iPaaS, business in a $4 billion deal. “This proposed transaction positions Boomi for its next phase of growth and is the right move for both companies, our shared customers and partners,” Dell Chief ...
Automated cybersecurity provider Darktrace raises $230M in IPO
Shares of British cybersecurity firm Darktrace PLC jumped as much as 43% in their first day of trading on the London Stock Exchange today, following an initial public offering that netted £165.1 million, or about $230 million. The listing’s success is a positive signal for the other cybersecurity companies that are currently looking at IPOs ...
EU brings formal antitrust charges against Apple over App Store developer rules
Confirming recent reports, European Union officials today announced formal antitrust charges against Apple Inc. that accuse the company of distorting competition in the multibillion-dollar mobile app industry. The charges focus on the App Store terms of service. The App Store is the only way for developers to distribute their apps to iOS users and, to ...
Microsoft buys Linux distribution maker Kinvolk to boost Azure cloud services
Microsoft Corp. has bought Kinvolk GmbH, the Berlin-based startup behind a specialized Linux distribution used to power software container environments on Azure and other public clouds. The technology giant announced the deal today in a post on its Azure blog. Kinvolk’s Linux distribution is called Flatcar Linux and packs multiple optimizations for running containerized applications, ...
IBM to acquire cloud optimization provider Turbonomic for reported $1.5B+
IBM Corp. is acquiring Turbonomic Inc., a Boston-based company with a platform that helps enterprises reduce cloud expenses and improve their applications’ performance. IBM didn’t disclose the value of the deal, which was announced this morning. But sources told Reuters that the transaction values Turbonomic at between $1.5 billion and $2 billion. That’s a significant ...
Wasabi raises $112M more to take on the cloud storage market
Cloud-based data storage provider Wasabi Technologies Inc. today disclosed that it has raised $112 million in additional funding, led by Fidelity Management & Research, to buy more infrastructure and expand its go-to-market program. Wasabi provides a cloud storage platform that competes with Amazon Web Services Inc.’s market-leading Amazon S3 service. The startup promises that customers ...
Samsung debuts new high-end Galaxy Book laptops amid increased PC demand
Samsung Electronics Co. Ltd. today debuted three new additions to its Galaxy Book laptop lineup that will enable the company to better address the increased consumer demand for personal computers. That strong demand helped PC and data center equipment maker Dell Technologies Inc. easily surpass revenue expectations in the fourth quarter. Samsung’s new laptop collection is ...