Hadoop vendor MapR raises another $50M as it sets its sights on IPO
The use of Hadoop-based open source big-data technology continues to grow among enterprises, and today MapR Technologies, one of the bigger startups in the space, has announced another $50 million in funding to secure its place as a leading vendor and gear up for an IPO. The investment is being led by Future Fund — Australia’s sovereign wealth fund — and also includes… Read More Continue reading Hadoop vendor MapR raises another $50M as it sets its sights on IPO
Yet one more significant piece of M&A in the online recruitment industry. Today Randstad Holdings, an Amsterdam-based human resources and recruitment specialist, announced that it would acquire job hunting portal Monster Worldwide, for $429 million in cash. The deal works out to $3.40 per share in cash and is a premium on Monster’s share price at closing on Monday of $262 million.… 
Google today announced another acquisition that will help the company improve how it competes against Amazon’s AWS, Salesforce and Microsoft in the area of enterprise services, and specifically selling enterprise services in the cloud: it has acquired Orbitera, a startup that developed a platform for buying and selling cloud-based software. Terms of the deal have not been disclosed but… 
Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move. The deal will make Fleetmatics a part… 
French/American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54% on its IPO price, giving the company an implied valuation of $537 million. However, in the immediate hour after opening, the stock declined about… 
A mass migration of IT services to the cloud, coupled with a huge growth of connected devices, has created a perfect storm for security breaches with some 400 million malware attacks identified last year alone according to IDC. Now, a new hopeful called StackPath believes it might have the key (and size) to fighting malicious hackers once and for all. The company is emerging out of… 
IT giant IBM has just posted its second quarter earnings, where came in at $20.24 billion and non-GAAP earnings per share are $2.95. The numbers beat analysts’ estimates of $20.03 billion in revenue and non-GAAP EPS of $2.89 per share. However, non-GAAP net income is $2.8 billion, down 25% from a year ago (GAAP net income was $2.5 billion, now 29%). And although results are… 
Google has made another small acquisition to help it continue building out its latest efforts in social apps. The search and Android giant has hired the team behind Kifi, a startup that was building extensions to collect and search links shared in social apps, as well as provide recommendations for further links — such as this tool, Kifi for Twitter. Terms of the deal are not… 
Here’s an interesting twist in one of the bigger enterprise acquisition stories of 2016. After Mitel earlier this year announced that it would acquire Polycom for $1.96 billion and consolidate the two companies’ enterprise communication businesses, today private equity firm Siris Capital has come in with a higher offer: it has agreed to acquire Polycom for $2 billion in cash and…