Maria Deutscher
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Report: Qualcomm told regulators it’s concerned about Nvidia’s $40B Arm bid
Qualcomm Inc. believes Nvidia Corp.’s proposed $40 billion acquisition of Arm Ltd. could harm competition in the chip industry, according to a new report. Publicly traded Qualcomm is a major supplier of smartphone processors. It also makes chips for many other systems ranging from virtual reality headsets to connected vehicles. Citing sources familiar with the ...
Apptio acquires Targetprocess to help enterprises plan IT investments
Information technology cost optimization specialist Apptio Inc. today announced that it has acquired Targetprocess, the maker of a software platform that helps companies plan and carry out business investments using agile methodology. The deal’s financial terms were not disclosed. Agile methodology, usually referred to simply as agile, is a popular collection of project management practices used ...
Report: Microsoft recently sought to acquire Pinterest
Microsoft Corp. at one point considered acquiring the social network Pinterest Inc., according to a report today in the Financial Times. Pinterest had a market capitalization of about $51 billion prior to the publication of the report. The company’s stock price jumped more than 5% following the Financial Times’ scoop, after previously rising more than ...
HPE goes to space with NASA partnership to launch edge computer into orbit
Hewlett Packard Enterprise Co. will send a specialized edge computing system to the International Space Station this month to give astronauts access to more processing power for research projects. The initiative, a collaboration among HPE, Microsoft Corp. and NASA, was announced today. The system HPE is scheduled to send to the station is called the ...
Tenable acquires Alsid for $98M to secure enterprises’ Active Directory deployments
Publicly traded vulnerability detection provider Tenable Inc. will pay $98 million to buy Paris-based Alsid SAS, which makes software for finding security issues in Active Directory deployments. In the acquisition announcement today, Tenable said that it expects the deal to close early next quarter. The company anticipates $3 million to $4 million in acquisition-related expenses and ...
‘IoTOps’ provider SecuriThings lands $14M funding round
SecuriThings Inc. today said that it has closed a $14 million funding round led by Aleph VC to help enterprises manage the growing number of “internet of things” devices connected to their networks. Existing investor Firstime VC chipped in to the Series A round as well, along with unnamed angel investors. IoT devices present several ...
Chip startup NeuReality launches from stealth to make AI inference more efficient
NeuReality Ltd., a startup working to develop more efficient artificial intelligence chips, today exited stealth mode and disclosed on the occasion that it has raised $8 million in seed funding. Tel Aviv-based NeuReality was founded in 2019 by former executives from Intel Corp., Mellanox and other major semiconductor firms. Chief Executive Officer Moshe Tanach was ...
After 750% revenue growth, IoT security specialist Armis raises $125M
After growing revenues more than 750% over the last two years, cybersecurity startup Armis Inc. today announced that it has raised a $125 million funding round led by Brookfield Technology Partners. The investment values Armis at $2 billion. That’s up from the $1.1 billion Insight Partners paid to acquire the startup last year. Insight Partners, ...
Avaya shares jump after $743M quarter with 1,600+ customer wins
Shares of communications software provider Avaya Holdings Corp. rose more than 10% today after the company reported stronger-than-expected sales of $743 million for its fiscal first quarter. The company topped the Zacks consensus revenue estimate for the quarter ended Dec. 31 by more than 2.3%. Investors liked what they saw, boosting shares by more than ...
Security meets data management as SentinelOne acquires Scalyr for $155M
Cybersecurity provider SentinelOne Inc. today announced plans to acquire venture-backed data management startup Scalyr Inc. in a transaction worth $155 million. Scalyr’s data management technology, SentinelOne says, will enable its customers to detect and respond to hacking attempts targeting their systems more effectively. The transaction could potentially also create market expansion opportunities for the cybersecurity ...