OpenAI acquires startup, despite ChatGPT’s costs piling up
OpenAI has acquired AI startup Global Illumination for an undisclosed sum. The latter company will start contributing to all of OpenAI's "core products," including ChatGPT. Despite this news, a dark cloud continues to hang over the finances behind CEO Sam Altman's company.
In terms of its field ... Read more
IBM completes Apptio acquisition: more AI solutions and lower cloud costs
IBM is officially acquiring Apptio. IBM intends the deal to expand its offerings of automation and AI solutions for cost management.
IBM's acquisition of Apptio went for $4.6 billion. All required regulatory approvals, are already in, according to IBM.
The deal should benefit Watsonx, an AI... Read more
Cegeka acquires CTG for IT-assistance during digital transformation
Cegeka is expanding with the acquisition of CTG. In this way, the company acquires a consulting firm that supports organizations during digital transformation.
On the financial side of the acquisition, it was announced that the shares of CTG were acquired for $10.50 per share. The total transac... Read more
Rubrik buys Laminar Technologies to improve cloud data protection
Rubrik is buying Israeli data-observability specialist and start-up Laminar Technologies. The technology should further expand the data protection capabilities of the Rubrik Security Cloud platform.
The cost of the acquisition has not been disclosed, but is estimated at 91 million euros ($100 mi... Read more
EU opens investigation into Adobe’s Figma acquisition after previous risk analysis
The European Commission will officially open an in-depth investigation into Adobe's acquisition of Figma. A preliminary investigation already pointed to a possible monopoly risk.
Adobe's acquisition of Figma is already causing a third investigation by regulators. The European Commission is now i... Read more
Thales buys security company Imperva for 3.3 billion euros
Thales is acquiring U.S. security company Imperva for 3.3 billion euros ($3.6 billion). With this, the French tech group aims to become one of the largest players in the civilian cybersecurity market.
The acquisition of Imperva is Thales' largest purchase since acquiring Gemalto (4.8 billion eur... Read more
NorthC acquires Swiss Kyndryl data center
Dutch company NorthC has gained a fourth data center in Switzerland through an acquisition. The new facility in Winterthur is an acquisition of a Kyndryl data center.
NorthC is steadily expanding its European presence. In Winterthur, Switzerland, NorthC recently opened its fourth Swiss data cent... Read more
Will SoftwareOne be sold to Bain Capital?
A takeover of SoftwareOne by Bain Capital is getting closer and closer. Last month Bain Capital made an unsolicited takeover offer on SoftwareOne, which was declined by the board, now Bain Capital has done a substantially higher offer. SoftwareOne announced it has received the second offer, but is ... Read more
Cisco acquires Identity Threat Detection and Response startup Oort
Cisco is set to acquire Identity Threat Detection and Response (ITDR) startup Oort. Its technology will be added to Cisco Security Cloud and the tech company's IAM and XDR portfolios.
No financial details were disclosed about the acquisition. The technology from Oort should better protect compan... Read more
EU approves Broadcom’s acquisition of VMware after long negotiations
After long negotiations and plety of concessions, Broadcom can finally count on the EU's blessing for its acquisition of VMware. The company is pledging to provide interoperability and technical support to competitors in exchange for the OK.
The deal involves $61 billion (more than 55 billion eu... Read more