Darktrace sold for 5 billion to private equity Thoma Bravo
Security company Darktrace has agreed to a takeover by investment company Thoma Bravo. The deal should be completed in the second half of the year.
Thoma Bravo is highly engaged with the security sector. Others in its current portfolio include Sophos, Proofpoint, Ping Identity and Venafi. Invest... Read more
Nvidia buys Run:ai for $700M, delivers first DGX H200 to OpenAI
Nvidia is to acquire Israeli startup Run:ai for $700 million. With this acquisition, the GPU maker hopes to simplify hardware management. Meanwhile, Nvidia CEO Jensen Huang personally delivered the first DGX H200 system to OpenAI.
Run:ai has been working with Nvidia since 2020, helping organizat... Read more
Update: IBM confirms multi-billion acquisition of HashiCorp
Update 25/04/2024 - IBM has announced it is buying HashiCorp for $6.4 billion, equivalent to about €5.97 billion.
With the acquisition, IBM is adding a "suite of leading hybrid and multi-cloud lifecycle management products". With this, Big Blue aims to help companies struggling with applicatio... Read more
Update: Acquisition of Informatica by Salesforce appears to be off the table
Update 22/04/2024 - Salesforce does not appear to have closed the deal with cloud data management firm Informatica. The companies can't agree on the terms of Salesforce's proposed acquisition. If the deal had gone through, it would have been one of the largest acquisitions Salesforce—already know... Read more
Wiz nearing acquisition of Lacework for a bargain
A week after it acquired Gem Security, Wiz is already aiming for its next target. Lacework, which once seemed to be worth nearly 8 billion euros, is said to cost between 140 million and 190 million euros.
A letter of intent is said to have already been written to finalize the proposed acquisitio... Read more
Liveblog Broadcom/VMware: EU antitrust unit probing Broadcom
In this blog, Techzine reports on the latest developments surrounding VMware's acquisition of Broadcom.
April 16 - The European Commission has inquired about Broadcom's heavily modified VMware licences. This shows that Brussels is heeding the call by CIO organisations (see 29 March). A spokesper... Read more
WordPress owner Automattic acquires messaging app Beeper
WordPress owner Automattic has acquired the all-in-one chat platform Beeper. Beeper allows users to chat across networks such as WhatsApp, Facebook, Slack, Instagram, LinkedIn, and more from one app.
It is not Automattic's first acquisition of a messaging service. Last October, the company acqui... Read more
Noname Security wants to sell itself to Akamai: an inevitable move?
Noname Security is in talks with Akamai for a possible sale. The API security player would cost Akamai $500 million as things stand, a halving of its market value from 2021. Can API security simply not stand on its own?
The two parties have yet to reach a deal, meaning negotiations could still l... Read more
Acquisition of Gem Security is the latest move by rising star Wiz
Wiz is acquiring cloud security company Gem Security. Although the amount was not disclosed, the acquisition cost Wiz $350 million, according to insiders.
Gem Security appeared on the scene in February 2023. It announced it was the first to be able to deliver cloud TDIR (Threat Detection & I... Read more
Google parent weighing up its biggest acquisition target ever: HubSpot
Regulators are not shy about thwarting Big Tech acquisitions. Yet Google parent company Alphabet may be willing to run that gauntlet by acquiring CRM player HubSpot.
The deal is anything but certain. Reuters reports that Alphabet has met with bankers from Morgan Stanley in recent days. Topics at... Read more