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Kofax to buy Nuance’s imaging division for $400M in cash

November 12, 2018 at 02:00PM Some consolidation and subsequent divestment are in play in the worlds of imaging and voice recognition. Today, Kofax and Nuance announced that Kofax would be acquiring Nuance’s imaging division, for $400 million in cash. The deal, which had been rumoured in recent days, is expected to close in Q1 2019. The… Continue reading Kofax to buy Nuance’s imaging division for $400M in cash

Enterprise – TechCrunch · SEPN

Enterprise shopping season starts early with almost $50B in recent deals

November 12, 2018 at 04:20PM Black Friday may be still be 10 days away, but shopping season started early in the enterprise this year. We have seen acquisitions totaling almost $50 billion in the last couple of months alone, topped by the mega $34 billion IBM-Red Hat deal two weeks ago. What exactly is going on… Continue reading Enterprise shopping season starts early with almost $50B in recent deals

Enterprise – TechCrunch · SEPN

Vista snaps up Apptio for $1.94B, as enterprise companies remain hot

November 12, 2018 at 01:01PM It seems that Sunday has become a popular day to announce large deals involving enterprise companies. IBM announced the $34 billion Red Hat deal two weeks ago. SAP announced its intent to buy Qualtrics for $8 billion last night, and Vista Equity Partners got into the act too, announcing a… Continue reading Vista snaps up Apptio for $1.94B, as enterprise companies remain hot

Enterprise – TechCrunch · SEPN

The Ceph storage project gets a dedicated open-source foundation

November 12, 2018 at 08:00AM Ceph is an open source technology for distributed storage that gets very little public attention but that provides the underlying storage services for many of the world’s largest container and OpenStack deployments. It’s used by financial institutions like Bloomberg and Fidelity, cloud service providers like Rackspace and Linode, telcos like… Continue reading The Ceph storage project gets a dedicated open-source foundation

Enterprise – TechCrunch · SEPN

Growing pains at venture-backed Moogsoft lead to layoffs

November 10, 2018 at 12:41AM Eight months after bringing in a $40 million Series D, Moogsoft‘s co-founder and chief executive officer Phil Tee confirmed to TechCrunch that the IT incident management startup had shed 18 percent of its workforce, or just over 30 employees. The layoffs took place at the end of October; shortly after,… Continue reading Growing pains at venture-backed Moogsoft lead to layoffs

Enterprise – TechCrunch · SEPN

Datacoral raises $10M Series A for its data infrastructure service

November 08, 2018 at 04:00PM Datacoral aims to make it easier for enterprises to build data products by abstracting away all of the complex infrastructure to organize and process data. The company today announced that it has raised a $10 million Series A financing round led by Madrona Venture Group, with participation from Social Capital,… Continue reading Datacoral raises $10M Series A for its data infrastructure service

Enterprise – TechCrunch · SEPN

Google Cloud wants to make it easier for data scientists to share models

November 08, 2018 at 04:00PM Today, Google Cloud announced Kubeflow pipelines and AI Hub, two tools designed to help data scientists put to work across their organizations the models they create. Rajen Sheth, director of product management for Google Cloud’s AI and ML products, says that the company recognized that data scientists too often build… Continue reading Google Cloud wants to make it easier for data scientists to share models

Enterprise – TechCrunch · SEPN

VMware acquires Heptio, the startup founded by 2 co-founders of Kubernetes

November 06, 2018 at 10:09AM During its big customer event in Europe, VMware announced another acquisition to step up its game in helping enterprises build and run containerised, Kubernetes-based architectures: it has acquired Heptio, a startup out of Seattle that was co-founded by Joe Beda and Craig McLuckie, who were two of the three people who… Continue reading VMware acquires Heptio, the startup founded by 2 co-founders of Kubernetes

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Apple sees record-breaking quarter with $62.9bn in revenues

November 01, 2018 at 09:14PM Fourth quarter sees revenues from services such as iCloud and Apple Music hit all-time high of $10bnApple, the world’s first company to be valued at $1 trillion, continues to grow at speed and has announced a double-digit increase in revenue.Slightly exceeding projected revenues, with $62.9bn, the tech giant is up… Continue reading Apple sees record-breaking quarter with $62.9bn in revenues

Enterprise – TechCrunch · SEPN

Asana launches $19.99 Business tier to help managers handle multiple projects

November 01, 2018 at 05:18PM Asana, the platform where people can create and track the progress of work projects, made its name originally as a place where individuals and smaller teams can create and track the progress of a specific project. Now, as the startup courts bigger organizations among its 50,000 paying organizations and millions… Continue reading Asana launches $19.99 Business tier to help managers handle multiple projects

Enterprise – TechCrunch · SEPN

HashiCorp scores $100M investment on $1.9 billion valuation

November 01, 2018 at 04:00PM HashiCorp, the company that has made hay developing open source tools for managing cloud infrastructure, obviously has a pretty hefty commercial business going too. Today the company announced an enormous $100 million round on a Unicorn valuation of $1.9 billion. The round was led by IVP, whose investments include AppDynamics,… Continue reading HashiCorp scores $100M investment on $1.9 billion valuation

Enterprise – TechCrunch · SEPN

Rockset launches out of stealth with $21.5 M investment

November 01, 2018 at 03:17PM Rockset, a startup that came out of stealth today, announced $21.5M in previous funding and the launch of its new data platform that is designed to simplify much of the processing to get to querying and application building faster. As for the funding, it includes $3 million in seed money… Continue reading Rockset launches out of stealth with $21.5 M investment

Enterprise – TechCrunch · SEPN

The hybrid cloud market just got a heck of a lot more compelling

October 30, 2018 at 09:02PM Let’s start with a basic premise that the vast majority of the world’s workloads remain in private data centers. Cloud infrastructure vendors are working hard to shift those workloads, but technology always moves a lot slower than we think. That is the lens through which many cloud companies operate. The… Continue reading The hybrid cloud market just got a heck of a lot more compelling

Enterprise – TechCrunch · SEPN

Cockroach Labs launches CockroachDB as managed service

October 30, 2018 at 04:17PM Cockroach Lab’s open source SQL database, CockroachDB, has been making inroads since it launched last year, but as any open source technology matures, in order to move deeper into markets it has to move beyond technical early adopters to a more generalized audience. To help achieve that, the company announced… Continue reading Cockroach Labs launches CockroachDB as managed service

Enterprise – TechCrunch · SEPN

Assessing IBM’s $34 billion Red Hat acquisition

October 29, 2018 at 06:52PM As you look at the $34 billion IBM-Red Hat deal announced yesterday, if you follow the enterprise closely, it seems like a good move, at least on its face. It could be years before we understand the true value of it for IBM (or lack thereof, depending on how it… Continue reading Assessing IBM’s $34 billion Red Hat acquisition

Enterprise – TechCrunch · SEPN

Forget Watson, the Red Hat acquisition may be the thing that saves IBM

October 28, 2018 at 11:21PM With its latest $34 billion acquisition of Red Hat, IBM may have found something more elementary than “Watson” to save its flagging business. Though the acquisition of Red Hat  is by no means a guaranteed victory for the Armonk, N.Y.-based computing company that has had more downs than ups over… Continue reading Forget Watson, the Red Hat acquisition may be the thing that saves IBM

Enterprise – TechCrunch · SEPN

IBM to buy Red Hat for $34B in cash and debt, taking a bigger leap into hybrid cloud

October 28, 2018 at 07:15PM After rumours flew around this weekend, IBM today confirmed that it would acquire open source, cloud software business Red Hat for $190 per share in cash, working out to a total value of $34 billion. IBM said the deal has already been approved by the boards of directors of both IBM… Continue reading IBM to buy Red Hat for $34B in cash and debt, taking a bigger leap into hybrid cloud

Enterprise – TechCrunch · SEPN

Atlassian sells Jitsi, an open-source videoconferencing tool it acquired in 2015, to 8×8

October 29, 2018 at 01:41PM After announcing earlier this year that it planned to shut down HipChat and Stride and sell the IP of both to Slack, today enterprise software company Atlassian made another move related to its retreat from enterprise chat. It is selling Jitsi, a popular open-source chat and videoconferencing tool, to 8X8,… Continue reading Atlassian sells Jitsi, an open-source videoconferencing tool it acquired in 2015, to 8×8

Enterprise – TechCrunch · SEPN

IBM is betting the farm on Red Hat — and it better not mess up

October 29, 2018 at 12:46PM Who expects a $34 billion deal involving two enterprise powerhouses to drop on a Sunday afternoon, but IBM and Red Hat surprised us yesterday when they pulled the trigger on a historically large deal. IBM has been a poster child for a company moving through a painful transformation. As Box CEO… Continue reading IBM is betting the farm on Red Hat — and it better not mess up

Enterprise – TechCrunch · SEPN

Google beefs up Firebase platform for the enterprise

October 29, 2018 at 11:32AM Today at the Firebase Summit in Prague, Google announced a number of updates to its Firebase app development platform designed to help it shift from an environment for individuals or small teams into a full-blown enterprise development tool. Google acquired Firebase 4 years ago to help developers connect to key… Continue reading Google beefs up Firebase platform for the enterprise

Enterprise – TechCrunch · SEPN

Microsoft has no problem taking the $10B JEDI cloud contract if it wins

October 26, 2018 at 09:15PM The Pentagon’s $10 billion JEDI cloud contract bidding process has drawn a lot of attention. Earlier this month, Google withdrew, claiming ethical considerations. Amazon’s Jeff Bezos responded in an interview at Wired25 that he thinks that it’s a mistake for big tech companies to turn their back on the US military.… Continue reading Microsoft has no problem taking the $10B JEDI cloud contract if it wins

Enterprise – TechCrunch · SEPN

Microsoft closes its $7.5B purchase of code-sharing platform GitHub

October 26, 2018 at 02:41PM After getting EU approval a week ago, today Microsoft’s acquisition of GitHub, the Git-based code sharing and collaboration service with 31 million developers, has officially closed. The Redmond, WA-based software behemoth first said it would acquire GitHub for $7.5 billion in stock in June of this year, and after the acquisition… Continue reading Microsoft closes its $7.5B purchase of code-sharing platform GitHub