acquisition
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CrowdStrike eyes SaaS security gains with Adaptive Shield acquisition
CrowdStrike has announced an agreement to acquire Israeli SaaS security startup Adaptive Shield to bolster the capabilities of its Falcon cybersecurity platform. Headquartered in Tel Aviv, Adaptive Shield protects against SaaS breaches through security posture management and threat protection across SaaS identities, misconfigurations, and data. Announcing the move at its Fal.Con Europe event in Amsterdam, CrowdStrike said it will integrate…
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“Don’t believe the hype”: Broadcom claims it’s been able to solve most of its customer issues following VMware acquisition
Customers shouldn’t believe the negative reports about VMware following its acquisition by Broadcom, the latter’s EMEA CTO Joe Baguley told ITPro. While there’s been a lot of noise in the press around the results of the acquisition, Baguley said his response has been to ask customers whether they’ve spoken to the firm directly. “Then you have that conversation, and it…
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Iomart bolsters cloud expertise with £57 million Atech Cloud acquisition
Scottish cloud services provider iomart has announced the acquisition of Atech Cloud, a UK-based Microsoft Solutions Partner, for £57 million. Headquartered in Marlow, England, Atech Cloud specializes in a range of Microsoft-based services, including security, cloud migration, productivity, infrastructure-as-a-service (IaaS), as well as consultancy services. By integrating Atech, iomart will enhance its capabilities in Microsoft Azure infrastructure, modern workplace solutions,…
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Is a VMware exodus looming? Disgruntled customers are actively seeking alternative providers or exploring open source options in the wake of Broadcom’s acquisition
VMware customers are becoming increasingly frustrated with uncertainty and spiraling licensing costs, new research suggests, after its acquisition by IT giant Broadcom. Research from Civo found more than half (51.9%) of VMware customers were considering ditching services after Broadcom finalized its acquisition of the cloud computing and virtualization firm. After a series of drastic changes to its operating model including…
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Salesforce targets gains with AI voice agents in latest acquisition
Salesforce confirmed it has signed an agreement to acquire AI-powered voice agent developer Tenyx in a move that will see the CRM provider onboard staff and technology from the firm. Upon completion of the deal, Salesforce will benefit from an extension in its autonomous agent capabilities within ‘Agentforce Service Agent’ by incorporating Tenyx’s technology. Tenyx’s expertise will help “advance its…
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AMD’s ZT Systems acquisition primes it for a battle with Nvidia
Girding its loins for a widely-anticipated battle with Nvidia, AMD has acquired ZT Systems for $4.9 billion. ZT Systems, which provides AI and general purpose compute infrastructure for major hyperscale providers, will, AMD hopes, help expand its AI chips and hardware business. The cash and stock deal includes a contingent payment of up to $400 million based on certain milestones…
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HPE eyes ‘major leap’ for GreenLake with Morpheus Data acquisition
HPE has entered into a definitive agreement to acquire Colorado-based hybrid cloud management and platform operations specialist, Morpheus Data. The purchase follows HPE’s successful acquisition of IT operations management leader OpsRamp last year, and marks the next stage of its pursuit to expand the hybrid operations capabilities available via HPE GreenLake. Financial terms of the deal were not disclosed, but…
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Box looks to “supercharge” AI offering with Alphamoon acquisition
Content management giant Box has announced the acquisition of Alphamoon, a Polish AI startup that specializes in intelligent document processing (IDP) technology. The acquisition marks Box’s latest effort to expand its Intelligent Content Management (ICM) platform, following its purchase of Crooze, a provider of no-code enterprise content management applications, back in January. In an announcement, the firm said Alphamoon’s technology…
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