Maria Deutscher
Latest from Maria Deutscher
Business intelligence startup Sisense Inc. today said that its valuation has surpassed $1 billion thanks to a new $100 million-plus funding round led by Insight Partners. The investment follows a $80 million investment in late 2018. Sisense’s total outside funding now stands at …
Veeam to be acquired for $5B by investment firm Insight Partners
Veeam Software Inc., one of the industry’s biggest data protection providers, is being acquired by Insight Partners in a $5 billion deal announced today that’s poised to bring significant organizational changes to the company. Insight Partners said it expects to complete the transaction …
GrubHub reportedly mulling sale after bleak financial results
GrubHub Inc. is looking at placing itself on the auction block, according to a report in the Wall Street Journal today. Publicly traded GrubHub is a major player in the food delivery market that has over recent years come under intense competition …
TikTok fixes vulnerabilities that made it possible to steal personal data, expose private videos
For the better part of 2019, TikTok contained vulnerabilities that could have enabled hackers to access users’ personal information, payment details and private videos. The flaws were detailed today by a group of researchers from cybersecurity provider Check Point Software Technologies Ltd. …
AvePoint raises $200M to ease IT governance in the Microsoft ecosystem
Application governance provider AvePoint Inc. has raised $200 million in funding from a group of investors headlined by TPG Sixth Street Partners and Goldman Sachs. The round, announced this morning, marks the company’s third infusion of outside capital to date. AvePoint has raised a …
Broadcom sells Symantec’s managed security business to Accenture
Broadcom Inc. is selling Symantec’s Cyber Security Services unit to consultancy Accenture plc in a deal announced today. Broadcom is a major supplier of data center chips that in 2018 launched a push into the software market. As part of the initiative, …
Sonos sues Google for patent infringement and seeks ban on Home products
Smart speaker maker Sonos Inc. today filed a lawsuit against Google LLC that accuses the search giant of stealing its technology and seeks a sales ban on its consumer devices in the U.S. Santa Barbara, California-based Sonos makes high-end sound systems for homes …
Cloudflare scoops up S2 Systems, an endpoint security startup with Microsoft roots
Marking its first acquisition since going public, Cloudflare Inc. today said it has bought S2 Systems Corp., a startup that protects companies against web-borne threats by isolating workers’ browsers from the internet. Financial terms were not disclosed. S2 Systems’ office in Kirkland, Washington, which has …
Samsung unveils $1,000 Galaxy Chromebook as portable computing market heats up
The two entry-level Galaxy phones Samsung Electronics Co. Ltd. unveiled last week aren’t the only new devices the company is showing off at the Consumer Electronics Show in Las Vegas this week. Samsung today pulled back the covers on the Galaxy Chromebook, a high-end …
Xerox secures $24B from banks to pursue HP acquisition
Xerox Holdings Corp. said today that it has secured $24 billion in “binding financing commitments” from a trio of banks to carry out its proposed acquisition of HP Inc. Norwalk, Connecticut-based Xerox is currently attempting a hostile takeover of HP for $33.5 …