This morning General Electric announced it had completed a deal to buy Wurldtech, a Vancouver-based cyber-security firm that protects big industrial sites like refineries and power plants from cyber attacks. GE VP and world technology head, Bill Ruh told me that they intend to leave Wurldtech as a wholly owned subsidiary. The newly purchased company […]
Posted on May 9th, 2014 by admin
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Today, FireEye, a security and intrusion detection company, bought nPulse Technologies to beef up its security platform by giving customers easier insight into the nature of a network intrusion. According to FireEye, they will pay approximately $60 million in cash, and issue around $10 million in stock consideration that is subject to the achievement of certain milestones. They […]
Posted on May 7th, 2014 by admin
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Red Hat, the open source software provider, is squaring up to Amazon in the storage market. It has just announced that it is buying Inktank, a developer of open-source storage systems, for $175 million in cash. Red Hat says it will combine Inktank’s primary product, Inktank Ceph Enterprise, with its own GlusterFS-based storage offering. Red […]
Posted on April 30th, 2014 by admin
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Zendesk, the cloud-based helpdesk startup, has hit the ground running with not one but two pieces of significant news. It’s made its first acquisition — Zopim, a Singapore-based startup whose flagship product is live chat software that is used by some 120,000 websites. And it has filed for its IPO, which will see Zendesk list […]
Posted on April 14th, 2014 by admin
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We have discovered that Criteo, the French ad tech company that raised $250 million in an IPO on NASDAQ last October, has quietly made an acquisition. It’s bought AdQuantic, another ad tech startup from France co-founded by two doctors of statistical physics, which has developed a bid management tool for search marketing based on game theory, […]
Posted on April 10th, 2014 by admin
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Lynda.com, the online education platform that raised its first and only round of $103 million about a year ago, is today announcing an acquisition that will further Lynda.com’s reach with developers and expand the kinds of services it can offer to users. It’s acquiring Compilr, Halifax, Canada-based startup that runs a platform for people to […]
Posted on April 7th, 2014 by admin
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UK-based Tesco, the world’s second-largest retailer after Walmart, has made a killing in its sector by jumping early into the use of big data, collected via loyalty cards as well as through stores and online, to figure out what its customers wanted to buy. Today, Dunnhumby, the data science group that helped Tesco with that effort, which Tesco eventually acquired, […]
Posted on April 3rd, 2014 by admin
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Qlika launched out of UpWest’s fourth batch of Israeli-American startups in March to tackle a big problem in online marketing: Localization. In other words, what’s the point of spending millions of dollars on marketing campaigns — across search, social and display — if those campaigns look exactly the same in California as they do in […]
Posted on March 12th, 2014 by admin
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This week, Engrade put the finishing touches on an emblematic story in the world of education startups. High school student Bri Holt heard enough complaining from classmates (and teachers) about the fact that there were no good tools to let them view their grades online. So, having taught himself some web development skills, he decided […]
Posted on February 10th, 2014 by admin
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HootSuite — a platform for enterprises to manage their presence on social media sites like Twitter, Facebook, Foursquare, Instagram and many more — is ramping up its product offering with more big data. Today it announced that it has acquired London-based uberVu, a social analytics platform. Terms of the deal were not disclosed but we’re […]
Posted on January 24th, 2014 by admin
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