Sunday December 22, 2024

$67 billion Dell-EMC deal closes today

 Last Fall, rumors began circulating that Dell was interested in acquiring EMC. On October 12th, the rumors proved true when Dell announced it was buying EMC for an astonishing $67 billion, a record price for a tech acquisition. Almost a year later, for better or worse (richer or poorer), that deal is official today. While the […]

Besties IBM and Box create a workflow tool for regular folks

 When Box praised its partnership with IBM at its earnings call last week, it was holding one card close the vest. The two companies had been working on a new workflow tool, and today they announced Box Relay ahead of the BoxWorks customer conference this week in San Francisco. Workflow tools fall under the realm of Business Process […]

Softbank has completed its £24B cash acquisition of ARM Holdings

 One of the biggest tech deals this year — and the biggest ever in the UK — has now closed. Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it said in July it would acquire for £24 billion in cash (around $32 billion in today’s currency, $31 billion at […]

Facebook open sources Zstandard compression algorithm and MyRocks storage engine

 Today, Facebook is releasing its Zstandard compression algorithm into the wild as open source. The lossless compression technology is aimed at replacing existing libraries like zlib that are powered by the outdated Deflate compression algorithm. In addition to Zstandard, Facebook is also dropping its MyRocks storage engine as open source. MyRocks is currently being used by Facebook […]

Salesforce Wave turns vertical with new industry-specific apps

 When Salesforce introduced its Wave analytics product back in October, 2014, it was mostly framed as a tool for managers to get a grip on the sales pipeline in a visual way. In a series of announcements today, Salesforce made it clear that it’s taking Wave vertical with a variety of job-specific Wave applications. Since […]

Salesforce paid $110M for BeyondCore, made $4B+ in acquisitions in 6 months

 Salesforce may have missed out on buying LinkedIn, but it has had a whopper of an acquisitions spree so far this year anyway. The enterprise cloud and CRM services company put down over $4 billion to buy eight startups in areas like workplace productivity, machine learning and e-commerce solutions, according to the company’s 10-Q filed with the SEC […]

How CIOs climb from the back room to the boardroom

 Today more than ever, technology is transforming how enterprises do business. The IT profession has evolved from being reactionary to proactive, and CIOs now have a seat at the table to drive company strategy. Greylock COO Tom Frangione catches up with Kim Stevenson, Intel COO for the Client and Internet of Things Businesses and Systems […]

Serverless is the new multitenancy

 Multitenancy was the single-biggest technology breakthrough in SaaS. It not only allowed for higher gross margins, it made it viable to serve small and medium businesses with world-class software  —  at a profit. Similarly, serverless compute is both a new way of building apps and a new way of consuming and paying for it. Serverless […]

Glint raises $27 million to stop solid employees from bailing

 Redwood City-based Glint has raised $27 million in a Series C round of venture funding for software that helps companies figure out how their teams are experiencing problems, or why and when solid employees may leave, undesirably. Glint replaces the traditional 360-review tools used by corporate HR teams and executives with short, anonymous surveys sent […]