Maria Deutscher
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Cisco Shells Out a Massive $2.7B for Sourcefire, Moves Toward New Model of Network Security
Cisco has entered a definitive agreement to buy Sourcefire, a Columbia, MD-based provider of cybersecurity solutions. The company is best known for Snort, a widely used intrusion detection system created by founding CTO Martin Roesch. Under the terms of the deal, Cisco will pay $76 per share of Sourcefire for a total of $2.7 billion. ...
DataStax Nabs $45 Million for NoSQL Tech
Apache Cassandra distributor DataStax announced yesterday morning that it has raised $45 million in Series D funding from Scale Venture Partners, DFJ Growth, and Next World Capital. Existing backers Lightspeed Venture Partners, Crosslink Capital, and Meritech Capital Partners also participated in the round. DataStax will use the new funding to scale worldwide operations and accelerate ...
OSCON OpenStack Highlights: From the Private Cloud to DevOps
Dozens of open source software vendors are showcasing their new products at this week’s O’Reilly Open Source Convention (OSCON) in Portland. The OpenStack project, which marks its third anniversary today, is at the center of attention. German software giant SUSE grabbed headlines this morning after it released a beta version of its OpenStack Grizzy-based private ...
Mobile Trends Show Up in Broadcom’s Second Quarter Earnings
Broadcom, a leading supplier of networking and communications chips, reported its second quarter earnings after the markets closed Tuesday. The company saw a 4.2 percent profit drop and a 6 percent increase in revenue. Non-GAAP earnings were $0.70 per share on sales of $2.09 billion. Wall Street anticipates earnings of $0.76 on $2.25 billion in ...
SAP Co-CEO to Step Down in 2014
SAP announced over the weekend that co-chief executive Jim Haggemann Snabe will step down next year. He will leave Bill McDermott, his American counterpart, solely in charge of the German business intelligence firm. Snabe is set to hand over the reins to McDermott at SAP’s annual shareholder meeting in May 2014. His resignation and subsequent ...
Online Video Titans Netflix + Amazon Q2 Earnings : Battle for Premium Content
Hit TV shows are generating big bucks for online streaming companies. Analysts believe that the success of Arrested Developments and other programs helped Netflix grow its revenue by 20 percent last quarter, a massive jump that underlines the company’s solid performance in 2013. Netflix chief executive Reed Hastings is set to report his company’s second ...
EnterpriseDB Sees Increase in Government Demand for Open Source Software
Government agencies are increasingly turning to open source technologies in the wake of shrinking budgets and heightened cybersecurity concerns. EnterpriseDB, a leading distributor of PostgresSQL, is witnessing this trend firsthand. The privately-held database vendor says that the number of government agencies that use its products increased by 40 percent in the past 12 months. The ...
Healthcare IT Spotlight: What We Learned at MITIQ 2013
TheCube crew had the pleasure of interviewing dozens of technology and business leaders at last week’s MIT Information Quality Conference. Among them were a number of healthcare professionals who provided us with their unique perspectives on the industry’s efforts to harness information for the greater good. Anthony Donofrio, the chief technology officer of Truven Healthcare ...
This Week in the Internet of Things: Mobile Ultra-Sound and Driverless Cars
This past week featured a good number of developments in the ever-evolving Internet of Things. MobiSante unveiled a mobile ultrasound system, Apple snapped up a location data startup, and Telerik released a new solution for developers struggling to tame the mobile explosion. Texas A&M researchers also grabbed headlines with a groundbreaking study into the next ...
Weekly Security Review: Tumblr Exposes Users, Snooping Scandal Continues
This past week featured a number of newsworthy developments in the cybersecurity space. Most notably, a number of new and unsettling details emerged about the Moto X, Tumblr users were greeted by an unwelcome surprise, and the still ongoing NSA snooping scandal took on a new twist. On Monday, SiliconAngle’s Mike Wheatley reported that a ...