Mike Wheatley
Latest from Mike Wheatley
Cask Data collects $20M to help devs brew packaged apps on Hadoop
A little-known Hadoop developer called Cask Data, Inc. has found itself under the spotlight after securing a $20 million in a Series B financing round led by Safeguard Scientifics, Inc. The round, which also saw participation from Battery Ventures, Ignition Partners and other existing investors, brings the three-and-a-half-year old startup’s total funding to $32.5 million ...
Nutanix teams up with Lenovo in China
Nutanix Inc. has engaged China’s Lenovo Group Ltd. as a hardware partner for its hyperconverged software systems, giving it a big leg up as it looks to secure a sizable share of the lucrative Chinese market. Lenovo is to build a family of hyperconverged appliances that will be capable of handling just about any workload ...
Hortonworks beats analysts’ estimates again in Q3 earnings
Hadoop heavyweight Hortonworks Inc. posted its third quarter financials late on Wednesday, reporting adjusted earnings per share of negative $0.74 and revenues of $33.1 million. That performance beat analysts expectations of negative $0.83 per share and revenues of $30.69 million. Hortonworks shares were up several points in after-hours trading on the news. The company’s revenues ...
AWS is worth $160 billion, Deutsche Bank analysts say
The value of Amazon Web Services has been pegged at a whopping $160 billion, according to analysts from Germany’s Deutsche Bank. On Tuesday, the bank’s Karl Keirstead issued a note saying that AWS’ cloud revenues would hit $16 billion by 2017. Therefore, the company’s valuation as a standalone business would reach $160 billion based on ...
Dell looking to dump “non-core” software assets ahead of EMC acquisition
Dell Inc. is reported to be considering selling off some of its “non-core assets” in an effort to raise $10 billion ahead of its $67 billion EMC Corp. acquisition. The usual “unnamed sources” told Reuters that Dell will take on a debt of around $49.5 billion once the acquisition is completed next year. Therefore, the ...
IBM acquires Gravitant to flesh out its hybrid cloud strategy
IBM has snapped up 11-year old cloud brokerage services firm Gravitant Inc. for an undisclosed sum, in order to bolster the management capabilities and efficiency of its hybrid environments for enterprise customers, it said on Tuesday. Gravitant offers technology that enables the integration and management of mixed public and private clouds from multiple providers. IBM ...
CoreOS offers up its Tectonic stack to quash container complexity
Container technology is one of the fastest-growing trends in cloud computing because it promises to help data center managers avoid the complexity of managing virtual machines in the cloud. But although container technology is far simpler than VMs in principle, many IT pros still experience headaches and confusion when attempting to build a container stack. ...
DJI’s Manifold gives drones the power of a PC
Popular Chinese drone maker DJI Inc. is no longer just targeting hobbyists. The company is touting the Manifold, or in its own words “the most powerful computer designed for drones”, an embedded computer powered by a quad-core ARM Cortex A-15 processor. The Manifold has been designed to sit atop of DJI’s $3,300 Matrice 100 drone. ...
HP Inc. shares skyrocket by 13% following split
The newly divorced HP Inc. raised a few eyebrows in the wake of its split yesterday when its share price jumped by more than 13 percent – in contrast to its ex, HP Enterprise, which saw its shares slump by more than five percent. The market activity indicates that Wall Street’s money men believe there’s ...
EMC shareholder makes legal bid to block Dell takeover
A disgruntled EMC Corp. shareholder has thrown a potential legal spanner in the works ahead of its $67 billion takeover by Dell Inc., by filing a lawsuit that aims to block the acquisition. The lawsuit, which was first reported by Bloomberg, was filed by a plaintiff named as “Su Ma” at the state court in ...