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5 Companies That Came To Win This Week

For the week ending May 10, CRN takes a look at the companies that brought their 'A' game to the channel.

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The Week Ending May 10

Topping this week's roundup of companies that came to win is Kaseya for a key acquisition that will expand the security management capabilities of the company's IT management system.

Also making the list this week were data analytics software developer Sumo Logic for raising $110 million in venture funding, SAP for providing partners with free access to SAP application suites for testing and demonstrating the solutions they develop, and Red Hat for launching Red Hat Linux 8.

Rounding out the list is chipmaker AMD, whose EPYC CPUs and Radeon Instinct GPUs will power the next-generation Frontier supercomputer being developed by the U.S. Department of Energy.

Not everyone in the IT industry was making smart moves this week, of course. For a rundown of companies that were unfortunate, unsuccessful or just didn't make good decisions, check out this week's 5 Companies That Had A Rough Week roundup.

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Kaseya Secures $500M In Funding, Buys ID Agent To Strengthen Dark Web Monitoring Services

IT Management platform developer Kaseya has been making some bold moves on several fronts.

The company announced this week a deal to acquire cybersecurity startup ID Agent in a move to expand end-user protection to its existing security management and infrastructure protection capabilities. The ID Agent technology will make it possible to extend Dark Web monitoring, phishing simulation and security awareness training capabilities to its MSP and IT management customers.

The ID Agent acquisition comes on the heels of Kaseya's May 3 news that it raised $500 million in funding from multiple funds at private equity firm TPG Capital. The company will use the funds for strategic acquisitions, expanding deeper into international markets, and increasing R&D spending.

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Data Analytics Vendor Sumo Logic Raises $110 Million To Fuel Growth 

Sumo Logic, a developer of SaaS-based machine data analytics software, scored big this week when it raised an impressive $110 million in venture funding. The financing brings the company's total funding to $345 million and its valuation to more than $1 billion.

Sumo Logic plans to use the new financing to extend the capabilities of the developer's software to meet its customers' changing operational, business and security requirements, particularly as they move to hybrid cloud and multi-cloud systems.

The company recorded more than $100 million in its most recent fiscal year and boasts a customer base of 2,000 that includes Airbnb, Alaska Airlines, Levi Strauss and Marriott.

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SAP Offers Partners Free Access To Its Software For Testing, Product Demonstrations

SAP—and new Chief Partner Officer Karl Fahrbach—win applause this week for the company's offer of free 12-month access to the company's S/4HANA Cloud ERP applications and C/4HANA customer management applications for testing and demonstrating their SAP-based solutions, eliminating a fee that started at 5,000 euros (more than U.S. $5,600).

Channel partners hailed the move as a major step toward making it easier for them to develop solutions around the vendor's application sets.

The offer was one of several steps SAP announced at this week's SapphireNow conference to enhance its PartnerEdge channel program. The company is also offering a new option through which ISVs and other solution providers who develop software for outside the SAP environment can integrate their offerings with SAP products.

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Red Hat Announces The General Availability Of Red Hat Enterprise Linux 8

Red Hat is in the process of being acquired by IBM in a $34 billion deal, but the company isn't taking its eye off the ball when it comes to ongoing product development.

This week, at the Red Hat Summit in Boston, the company launched Red Hat Enterprise Linux 8 (RHEL 8), the first major update of the company's flagship Linux operating system in five years.

RHEL 8 offers new features to more easily manage enable hybrid cloud deployment and to ensure operational consistency as businesses and organizations implement new IT infrastructures. The Application Streams functionality helps resolve the challenge of providing programmers with the latest development languages and frameworks without compromising product stability. And the new System Roles capabilities offer preconfigured modules with automated workflows for handling common, yet complex systems administration tasks for configuring and managing Linux in production.

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Next-Gen AMD EPYC, Radeon Instinct Tapped For Supercomputer

Chipmaker AMD notched a win of its own this week when the chipmaker announced that it will supply next-generation server processors to power what is being billed as the world's most powerful supercomputer.

AMD will provide the processors for a new supercomputer called "Frontier" being developed for the U.S. Department of Energy at its Oak Ridge National Laboratory. AMD CEO Lisa Su said the system, which is expected to be capable of 1.5 exaflops performance or one and a half quintillion floating point computations per second, will be the world's "most powerful supercomputer."

For the system AMD will supply custom EPYC CPUs, based on a future iteration of its Zen architecture, along with new Radeon Instinct GPUs and a custom Infinity Fabric interconnect.

Frontier would be faster than a supercomputer called "Aurora" that Intel is currently developing for the Department of Energy that is expected to have 1 exaflop performance. Summit, currently the world's fastest supercomputer that uses IBM Power9 CPUs, performs at 200 petaflops or 200 quadrillion calculations per second.

 
 
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