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Salesforce, Berkshire Hathaway Retain Major Stakes In Snowflake
by Rick Whiting
Both companies own more than $1 billion in shares of the high-flying cloud data management company two weeks after Snowflake’s blockbuster IPO.
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Ivanti Strikes Deals To Acquire MobileIron, Pulse Secure
by Rick Whiting
With remote work the “new normal,” the acquisitions will expand Ivanti’s product portfolio of endpoint management, endpoint security and enterprise service management offerings.
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Trump Administration May Be Forced To Postpone TikTok Ban: Report
by Kyle Alspach
A federal judge has given the administration two options in the case over social app TikTok, as Oracle seeks to acquire a 12.5-percent stake in the app.
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With Oracle Deal Under Review, TikTok Seeks Injunction Against Shutdown: Reports
by Kyle Alspach
Oracle is seeking to become the cloud provider for TikTok and acquire a 12.5-percent stake in the social app.
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Oracle-TikTok Deal Gets OK From Trump
by Kyle Alspach
Oracle confirmed plans to become TikTok’s cloud provider and announced it will take a 12.5 percent stake in the popular social media app.
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Snowflake Stock Debut Gives Firm Larger Market Cap Than Dell, VMware
by Rick Whiting
In initial trading investors pushed the value of the cloud data platform company’s shares far above the original $120-per-share target and pushing the cloud company’s market capitalization above $70 billion.
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Progress Software To Acquire DevOps Company Chef In $220 Million Deal
by Rick Whiting
“Chef is a market leader with best-in-class products, a vibrant developer community, an impressive blue-chip customer base, and highly skilled and engaged employees,” said Yogesh Gupta, Progress CEO
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Actminds Offers Solution Providers White-Label Services For AI
by Dylan Martin
‘It’s not only increasing your profit margins and increasing the amount of work you’re doing with customers, but it’s also locking it in and strengthening your relationship with them,’ Actminds’ Fernando Zambroti says of the company’s white-label services for artificial intelligence and data science solutions.
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Splunk Touts Q2 Cloud Revenue Growth Despite Economic Disruption
by Rick Whiting
While some customers are delaying long-term contracts, the COVID-19 pandemic has increased demand for Splunk’s machine data management software in online retail, telemedicine and other use cases.
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Apple Acquires Startup That Brings Zoom Into VR
by Kyle Alspach
Apple declined to discuss its plans for the acquired company, Spaces.
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Microsoft Partners: Zoom Outage Will Drive Customers To Teams
by Kyle Alspach
‘This is just validation of the fact that [Zoom] is less than ideal’ for many customers, one solution provider told CRN.
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AI And Machine Learning Tech Pioneer Dataiku Scores $100M In Series D Financing
by Rick Whiting
Funding round brings Dataiku’s total financing to nearly $250 million as company looks to promote widespread adoption of AI and machine learning technology within businesses and organizations.
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DataOps Company K2View Raises $28M, Plans Accelerated Go-To-Market Effort
by Rick Whiting
Vendor’s data fabric technology and related tools provide users and applications with real-time access to widely distributed data.
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Informatica, Google Cloud Extend Strategic Relationship Through Tighter Data Integration Links
by Rick Whiting
Two vendors leverage the Informatica Intelligent Cloud Services to make it possible to bring data from SAP applications into Google’s BigQuery analytics.
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