Maria Deutscher
Latest from Maria Deutscher
Cisco acquires Sedona Systems to broaden its optical networking portfolio
Cisco Systems Inc. today announced plans to acquire Sedona Systems Ltd., a startup with software that companies use to monitor the health of their networks and simulate changes. The terms of the deal were not disclosed. Palo Alto, California-based Sedona previously raised funding from investors that included Intel Corp. and Bessemer Venture Partners. Cisco is buying ...
Intel debuts new flagship Tiger Lake-H chips for high-end laptops
Intel Corp. today revealed a family of 10-nanometer central processing units, the Tiger Lake-H series, for high-end laptops optimized to run video games and business applications. There are a total of 10 Tiger Lake-H processors organized into two sets of five. The first five are for consumer laptops, with Intel’s main target audience being video ...
Setting stage for proxy fight, Starboard nominates four directors to Box’s board
Activist investor Starboard Value LP wants to replace four of the directors on Box Inc.’s board following what it says is a several-year streak of ”substantial underperformance” by the company. The move sets the stage for a potential proxy fight. Starboard informed Box investors that it’s looking to nominate four new directors in an open letter ...
Google and CrowdStrike team up for more efficient hacker detection in the cloud
Google LLC and CrowdStrike Holdings Inc. are linking together half a dozen of their cybersecurity tools to make it easier for information technology teams to spot malware in their companies’ systems. The companies detailed the collaboration today. Publicly traded CrowdStrike’s flagship product is a platform called Falcon that enterprises use to protect systems such as ...
Report: Pentagon looking at ending $10B JEDI cloud computing contract
U.S. Defense Department officials are considering ending the JEDI cloud computing contract, the Wall Street Journal reported today. The JEDI, or Joint Enterprise Defense Infrastructure, contract is set to see the Pentagon spend as much as $10 billion over 10 years on cloud infrastructure and services. The Pentagon awarded the deal to Microsoft Corp. in ...
Report: Microsoft likely to scrap Windows 10X operating system project
Microsoft Corp. is likely to abandon its efforts to develop a simplified version of Windows for personal computers and folding handsets, according to a report published today. In 2019, Microsoft announced plans to develop a new edition of Windows called Windows 10X that would feature both interface and architectural improvements over the original. The operating ...
In $2.5B fintech deal, Bill.com to acquire corporate credit card startup Divvy
Corporate finance software provider Bill.com LLC has signed a $2.5 billion deal to acquire DivvyPay Inc., better known as Divvy, whose cloud service enables companies to issue business credit cards to their employees. Publicly traded Bill.com said on Thursday that it’s financing the transaction with $625 million in cash and $1.875 billion worth of common ...
Google will require Android apps to disclose data collection practices
Google LLC today previewed plans to implement a new Google Play policy that will require Android developers to disclose what user data their apps collect and what for. The move could enable the search giant to improve privacy in the Android ecosystem and make its platform more competitive with Apple Inc.’s iOS. Late last year, the ...
Microsoft to upgrade cloud products’ data controls in EU
Microsoft Corp. is upgrading its core cloud products with features that will give enterprise and public sector clients in the European Union more control over their data. The initiative, announced today, is called the EU Data Boundary for the Microsoft Cloud. Engineering work is expected to be completed by the end of 2022. The initiative ...
Light-based AI chip startup Lightmatter raises $80M round backed by GV
MIT spinout Lightmatter Inc. today announced that it has raised another $80 million in funding to finance the development and commercialization of its optical artificial intelligence chips, which use photons to perform calculations. Viking Global Investors led the round. The firm was joined by Alphabet Inc.’s GV venture capital arm, Hewlett Packard Enterprise Co. and ...