Maria Deutscher
Latest from Maria Deutscher
IoT startup Greenwave raises $60 million for its managed data platform
The stakes are growing higher in the race to address the fragmentation of the connected universe. Up-and-comer Greenwave Systems Inc. announced the completion of a hefty $60 million investment this morning that will go toward boosting the adoption of its platform-as-a-service offering, which aims to simplify the collection of data from the numerous disparate devices that ...
AWS opens a new front in its cloud war with WorkMail launch
Barely five days since the calendar reset, Amazon Inc. is already marking its first major product launch of 2016. The new iteration of WorkMail now generally available from its U.S. and Ireland data center packs a host of improvements over the early version that was previewed to customers last January, including compatibility with the desktop ...
Compuware launches DevOps initiative to revive mainframe programming
A lot has changed at Compuware Corp. since its sale to private equity firm Thoma Bravo LLC for $2.4 billion last year. The mainframe software maker drastically cut release cycles as part of an internal streamlining effort meant to improve the returns of the new owners and now hopes to spread the benefits of faster ...
EMC plans major layoffs in $850 million restructuring
While most of its employees were away celebrating the turn of the year, EMC Corp.’s legal team spent last Thursday filing the paperwork for an $850 million restructuring initiative that is set to cost many of the holidaymakers their jobs. The layoffs aim to ease the logistical burden on the storage giant ahead of its ...
Nokia receives final green light for $17BN Alcatel-Lucent takeover
Four days after New York’s Eve, corks are popping once again at Nokia Corporation. The Finnish telecommunications giant this morning received the final regulatory authorization needed to complete its $17 billion takeover of French rival Alcatel-Lucent SA in a milestone that caps eight months of tedious bureaucratic wrangling. The approval of the Autorité des Marchés Financiers (AMF), France’s ...
Google to open $600M green Tennessee data center as part of clean energy push
The Southeastern United States is emerging at the center of Google Inc.’s efforts to remove its reliance on fossil fuels. A year after announcing plans to open a new Alabama data center powered entirely by renewable energy, the search giant has received approval to construct a twin campus 200 miles to the north in neighboring ...
What you missed in Big Data: Holiday cheer
The venture capital community showed its spirit of giving last week with a flurry of investments in the analytics ecosystem that made the holiday extra cheerful for a few lucky startups. First on the list was MapAnything Inc., which received a $7.3 million investment from Greycroft Partners and four other backers to accelerate the adoption ...
What you missed in Cloud: Expansion plans
Last week saw the incumbent providers consolidate their hold over the public cloud with a series of strategic moves aimed at addressing the emerging use cases that are starting to appear on the agenda of their customers. Amazon Inc. kicked off the push by launching a managed registry that promises to streamline the management of ...
Hyatt becomes latest top hotel chain to get hit by hack
The security administrators of the Hyatt Hotels Corporation probably won’t be taking the holiday off this year. The hospitality giant yesterday announced that its payment processing infrastructure has suffered a breach in what is at least the sixth major attack against a key member of the global travel industry since the beginning of 2015. The ...
Optical networking startup Acacia files for $125M IPO
Nutanix Inc. isn’t the only data center startup that filed for a public offering this week. While the converged infrastructure vendor was basking in the limelight, Acacia Communications Inc. quietly informed the U.S. Securities and Exchange Commission that it’s also planning to hit the stock market early next year with the goal of raising $125 million, a target that ...