acquisition
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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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