Robert Hof
Latest from Robert Hof
THIS WEEK IN ENTERPRISE
Cisco swallows Splunk, the gen AI freight train barrels ahead and Intel touts progress
Cybersecurity dominated the enterprise technology headlines this week as Cisco Systems Inc. bought Splunk Inc. and two of the leading cybersecurity names, CrowdStrike Holdings Inc. and Google LLC’s Mandiant held their annual events. And that wasn’t all: Two more initial public offerings launched, including Klaviyo in software as a service, but prices sagged after initial ...
Cisco boosts its cybersecurity and AI ambitions with $28B acquisition of Splunk
In the biggest acquisition in its nearly 39-year history, networking giant Cisco Systems Inc. today announced a deal to buy the cybersecurity and data observation and analysis company Splunk Inc. for $28 billion. The move catapults Cisco, best known for its networking gear as well as other data center equipment, even higher in the ranks ...
THIS WEEK IN ENTERPRISE
Arm’s IPO rockets, gen AI explodes computing and Salesforce spotlights the AI trust gap
With so many events and big news this week, I wish I could have cloned myself, but instead I shuttled between events in San Francisco and Silicon Valley and tried to keep up with all the news on my phone. The headline stories: Arm finally went public and its stock rocketed, auguring well for more ...
ANALYSIS
This week in enterprise: Google Cloud sharpens its AI story at Next, and earnings signal an improving tech outlook
As summer effectively comes to an end, enterprise tech companies continued to forget August is supposed to be for vacations — but that’s not such a bad thing. This past week Google mounted a renewed offensive in artificial intelligence at its Next cloud event, sharpening its message and its product lines alike at a packed ...
ANALYSIS
This week in enterprise: Tech IPOs gain steam, AI keeps booming and WMware reaches for relevance
What summer vacation? Making up for lost COVID time, companies are cramming events into what is sometimes a slow tech news season, IPOs are heating up, and investors continue make big moves in artificial intelligence and cybersecurity. This week VMware Inc. held what might be a last blast for its annual user conference, now called ...
This week in enterprise: Gen AI hype, cybersecurity leaders and laggards, and Cisco’s tech spending boost
Is the inevitable backlash against generative artificial intelligence at hand? Some early signals suggest the possibility, but you’d never know it from all the fundings and new products streaming out this week, as SiliconANGLE documented in a raft of stories this week. We also covered the better-than-expected quarterly earnings from Cisco Systems Inc., which gave ...
Palo Alto Networks beats earnings forecast amid slower cybersecurity spending
Palo Alto Networks Inc. today reported its fiscal fourth-quarter profit before certain costs such as stock compensation jumped 90% from a year ago, to $482.5 million, or $1.44 a share. Net profit hit $227.7 million, or 64 cents a share. Revenue rose 26%, to $2 billion. The outlook was positive as well. For its fiscal first ...
ANALYSIS
This week in enterprise: Cyber consolidation quickens, AI transforms programming and open-source rifts widen
Consolidation seems to be accelerating in cybersecurity, and generative artificial intelligence is transforming programming very fast. Those are two big trends that emerged this week in SiliconANGLE’s coverage of enterprise and emerging technologies. There was a lot more news on the earnings and antitrust fronts as well. And Nvidia just keeps on rolling, coming out ...
ANALYSIS
Cloudy weather, except for AI: All of this week’s enterprise and emerging tech news you need to know
Cloud computing may be seeing some clearing, but it’s still rather overcast as enterprises continue to try to save money. Meantime, cybersecurity companies are cooling, and so are their stocks. But generative AI remains red-hot and so are the companies managing all the data that powers it. Here’s all you need to know about what ...