Software company Adobe will be expanding its maternity and paternity leave programs for employees. Starting November 1, birth mothers will be able to take up to six months of paid leave. Primary caregivers, who include new parents through birth, surrogacy, adoption and foster care, will get up to 16 weeks of paid leave. Read More […]
Posted on August 16th, 2015 by admin
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Delphix, a “data-as-as-service” startup, has received $75 million in new funding led by Fidelity Management and Research Company. Other participants in the round include Credit Suisse NEXT Investors, The Kraft Group, and returning investors Greylock Partners, Lightspeed Venture Partners, and Icon Ventures. Read More Tweet This Post
Posted on July 20th, 2015 by admin
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Intuit has confirmed to TechCrunch that it has laid off 399 people, or just under 5 percent of the company’s roughly 8,000 employees, in a re-alignment of the company. Patrick Barry has also stepped back from leading Demandforce, though he remains an employee of Intuit. Read More Tweet This Post
Posted on June 27th, 2015 by admin
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Replicated, a company that wants to help SaaS vendors ship an on-premises version of their applications more easily, made a series of announcements today including a $1.5M seed round and several Beta customers. The company is taking advantage of Docker containerization technology to build a solution that enables developers to code once and ship two identical versions of […]
Posted on June 24th, 2015 by admin
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This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider that Avago Technologies Ltd. bought wireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in […]
Posted on June 1st, 2015 by admin
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San Francisco-based video conferencing company Fuze is expanding its platform today with the acquisition of an online team collaboration platform, LiveMinutes. With the addition, Fuze is no longer focused only on online meetings, but is now also rolling out a new product called Fuze Spaces which allows colleagues to chat, share and comment on files, organize […]
Posted on May 21st, 2015 by admin
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What he means by that is thinking beyond the boundaries of the defined process to look for something new — to think more like a startup. Sikka says his first nine months have been amazing, but very different from his experience working at SAP for 11 years. The company handles many different tasks, and one thing […]
Posted on May 16th, 2015 by admin
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Check Point Software Technologies announced it has purchased Lacoon Mobile Security today. Reports surfaced last month that the company was in talks to buy the Israeli company for $80M. No official price was given, but the deal is expected to close today. The move gives Check Point a mobile security piece that’s a bit different from the traditional mobile device […]
Posted on April 2nd, 2015 by admin
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After denying to TechCrunch that Ektron had been sold, company president Tim McKinnon admitted in a later phone conversation that a sale had in fact happened, after a document confirming the deal began circulating online. Earlier this week we published a story about the rumor that Ektron had been sold to an unnamed private equity […]
Posted on December 6th, 2014 by admin
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A source told TechCrunch this week that Ektron, a web content management firm based in Nashua, NH has been sold to an unnamed private equity firm for around $48M plus taking on $50M in debt. The source said the actual cash exchanged in the deal would only be in the $30M range, which is pretty […]
Posted on December 4th, 2014 by admin
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