Pure Storage acquires PortWorx to accelerate cloud-native growth
Pure Storage is looking to expand its operations into the growing cloud-native and Kubernetes-based storage market. As a result, they have announced that they are acquiring Portworx, a data services platform. The company announced that it is paying $370 million in cash for the deal.
Portworx off...
Nvidia acquires ARM for 40 billion dollars
Nvidia has reached an agreement with investor Softbank on the acquisition of ARM. The deal is worth 40 billion U.S. dollars (33.7 billion euros).
With ARM, Nvidia wants to strengthen its focus on artificial intelligence (AI). Jensen Huang, the CEO of Nvidia, talks about a combined company that i...
‘Oracle close to acquiring TikTok’
Oracle has the best chance of acquiring TikTok at this moment. A deal would be announced within 48 hours, according to sources from CNBC on Friday.
According to an insider, Oracle offers 20 billion to 30 billion dollars to TikTok parent company ByteDance. This would amount to approximately 10 bi...
‘Platinum Equity wants to acquire Ingram Micro’
Investment company Platinum Equity is negotiating with HNA Group about the potential acquisition of Ingram Micro, according to Bloomberg sources. The IT vendor is allegedly valued at 7 billion dollars (5.9 billion euros).
Ingram Micro is one of the largest IT distributors in the world. A possibl...
ARM reverses IoT spin-off to Softbank
ARM has reversed its plans to transfer its IoT platform Pelion and Treasure Data component to Softbank. The two components will continue independently under the management of ARM.
ARM announced in July that it would transfer its IoT divisions to its parent company SoftBank in September. At the t...
Palo Alto Networks acquires Crypsis Group for 265 million dollars
Palo Alto Networks acquires Crypsis Group, a specialist in fighting cybercrime. The acquisition of 265 million dollars (224 million euros) mainly strengthens Palo Alto Networks' Cortex XDR product.
The acquisition provides Palo Alto Networks with a vendor that specialises in services such as inc...
‘Microsoft faces immense challenge if it partially acquires TikTok’
The potential acquisition of elements of TikTok by Microsoft will be difficult. The social network shares a lot of resources with other applications of TikTok's parent company ByteDance.
Microsoft plans on purchasing only part of the social network: the United States, Canada, Australia and New Z...
Microsoft wants to buy TikTok, Trump wants financial compensation
Microsoft intends to buy the highly popular video app TikTok. Trump expects Microsoft to pay the U.S. Treasury Department as well if the company wants to complete the deal. These are tense times as the United States government accuses the Chinese company of spying on behalf of the Chinese governmen...
Cisco acquires intelligent smart camera specialist Modcam
Cisco acquires Swedish startup Modcam, a specialist in smart technology for smart cameras. Modcam's technology has been added to the Meraki portfolio.
Smart technology, such as AI and machine learning, are increasingly becoming an integral part of security cameras. The Swedish startup Modcam pro...
‘Acquisition of ARM will cost Nvidia more than 30 billion dollars’
Nvidia is supposedly in advanced talks with SoftBank for the acquisition of ARM. The chip company is rumoured to have a price tag of more than 32 billion dollars (27 billion euros).
ARM creates chip designs used by many big names in the tech world, including Qualcomm, Apple, Samsung and Nvidia. ...
Microsoft wants to acquire TikTok, Trump gives tech company 45 days
Microsoft plans to acquire the United States branch of TikTok, which according to President Trump has to be done within 45 days. After a conversation between Microsoft-CEO Satya Nadella and the United States president, Microsoft has been given until the 15th of September to negotiate a deal.
The...
Mimecast buys MessageControl to increase the security of emails
Mimecast, an email security provider, has recently acquired MessageControl messaging security provider, which wa owned by eTorch. MessageControl service uses AI to detect and control social engineering activities by securing messages.
The acquisition offers Mimecast the opportunity to enh...