Tech

- Most significant tech acquisition of 2018 will unlock true value of cloud for business - IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across multiple clouds - Deal accelerates IBM's high-value business model, making IBM the #1 hybrid cloud provider in an emerging $1 trillion growth market - Acquisition will be free … [Read more...] about IBM To Acquire Red Hat for $34 Billion, Completely Changing The Cloud Landscape And Becoming World’s #1 Hybrid Cloud Provider

Milestone investment will combine connected digital technologies, state-of-the-art collaborative robotics and cutting-edge artificial intelligence research to create the most sophisticated, automated and flexible Factory of the Future. US$150 million investment will expand ABB’s #1 position in the world’s largest robotics market Expanded, onsite R&D Center will accelerate … [Read more...] about ABB to Build the World’s Most Advanced Robotics Factory in Shanghai

The company continues to expand its network capacity and offerings for all customers Cloudflare, the leading Internet performance and security company, today announced results from the third quarter of 2018. Cloudflare announced 15 new offerings in the third quarter and is now protecting and accelerating more than 10 million domains, websites, APIs, mobile applications, and … [Read more...] about Cloudflare Continues Growth With Record New Products in Q3 2018

Fujitsu Limited and Ericsson (NASDAQ: ERIC) have entered an agreement to deliver end-to-end 5G network solutions and related services under a strategic partnership. The two companies are joining forces to develop this based on their combined portfolios – spanning radio access and core network – for the dynamic 5G market in Japan, connecting communications service providers to … [Read more...] about Fujitsu and Ericsson Team up on 5G Partnership

IBM (NYSE: IBM) and Whirlpool Corporation today announced that Whirlpool will use IBM Cloud to manage and provide 24/7 access to the company's critical enterprise applications including enterprise resource planning, customer relationship management, and business warehouse to help provide worldwide operations efficiency. As Whirlpool Corporation purposefully innovates its smart … [Read more...] about Whirlpool Corporation Teams with IBM Services to Manage Global Operations on the Cloud

Five-Year Agreement Integrates IBM Services for Managed Application Solution with VMware Offering, Helping Free Up Client Funding and Internal Resources IBM (NYSE: IBM) today announced that it will deliver IBM Cloud-based services to manage all of the mission-critical applications for KYOCERA Document Solutions America. IBM will provide a more cost effective and flexible … [Read more...] about Kyocera Taps IBM Services for a Flexible, Cost Effective Cloud Environment

Seva, a modern day knowledge management and search platform based in New York City, has raised $2.4M in Seed financing led by Avalon Ventures. Other investors include Studio VC and Datadog founder and CEO Olivier Pomel. Founded in 2017 by CEO Sanjay Jain, who was previously co-founder & CTO at Pictela (acquired by AOL) and CTO at Simulmedia, the company is reimagining how … [Read more...] about Seva Raises $2.4M in Seed Financing to Reimagine How Knowledge Workers Search For and Organize Information at Work

Early Leader in Amazon Advertising Aims to Capitalize on $100B Opportunity by Accelerating the Momentum and Development of its Machine Learning-Powered Retail Optimization Platform With Amazon Advertising poised to become a $100B business over the next decade, Teikametrics, the leading Retail Optimization Platform (ROP) that helps retailers, brands and agencies grow revenue … [Read more...] about Teikametrics Secures $10M Series A Funding to Help Retailers, Brands and Agencies Unlock the Full Potential of Amazon Advertising

DataRobot, the creator of the automated machine learning category, has raised $100 million in Series D funding, bringing its total funding to $225 million. The round was led by Meritech and Sapphire Ventures, with participation from DFJ Growth and 16 previous investors including NEA, IA Ventures, and Intel Capital. Meritech’s Rob Ward and Sapphire’s Jai Das have joined the … [Read more...] about DataRobot Raises $100 Million Series D Led by Meritech and Sapphire Ventures

The venture capital firm's 10th fund, BVP X, will allow it to continue investing in companies at all stages of their growth Bessemer Venture Partners (BVP), one of the world's most experienced early-stage venture capital firms, today announced a new $1.85 billion fund: BVP X. With this new fund, Bessemer will continue to invest in early-stage (seed, Series A and Series B) … [Read more...] about Bessemer Venture Partners Closes On $1.85 Billion Fund