SAP CEO Christian Klein looks back on his first year
As he looked back on the one-year mark, Klein sat down to discuss the unique set of challenges he faced. Continue reading SAP CEO Christian Klein looks back on his first year
Author Archives: Ron Miller
Starboard Value puts Box on notice that it’s looking to take over board
Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management know it in no uncertain terms in a letter published yesterday. The firm, which bought a 7.7% stake in Box two years ago claims the company is underperforming, executing poorly and making bad business decisions — and it […] Continue reading Starboard Value puts Box on notice that it’s looking to take over board
Dell dumps another big asset moving Boomi to Francisco Partners and TPG for $4B
It’s widely known that Dell has a debt problem left over from its massive acquisition of EMC in 2016, and it seems to be moving this year to eliminate part of it in multi-billion chunks. The first step was spinning out VMware as a separate company last month, a move expected to net close to […] Continue reading Dell dumps another big asset moving Boomi to Francisco Partners and TPG for $4B
Cloud infrastructure market keeps rolling in Q1 with almost $40B in revenue
Conventional wisdom over the last year has suggested that the pandemic has driven companies to the cloud much faster than they ever would have gone without that forcing event with some suggesting it has compressed years of transformation into months. This quarter’s cloud infrastructure revenue numbers appear to be proving that thesis correct. With The […] Continue reading Cloud infrastructure market keeps rolling in Q1 with almost $40B in revenue
Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers
Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Today the Boston-based startup announced a $112 million Series C investment on a $700 million valuation. Fidelity Management & Research Company led the […] Continue reading Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers
Atlassian’s in-house incubator lets employees put their product ideas to work
Every company wants to maintain that initial spark it had when it was an early stage startup, but keeping that going as you scale into a public company isn’t always easy. Atlassian is taking a unique approach by opening up product ideas to an internal competition, and actually funding and building the best ones with […] Continue reading Atlassian’s in-house incubator lets employees put their product ideas to work
MessageBird acquires SparkPost for $600M using $800M Series C extension
MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements. For starters, the company got an $800 million extension on its $200 million Series C round announced last October. It then applied $600 million of the extension to buy email marketing platform SparkPost. The company’s C round now totals […] Continue reading MessageBird acquires SparkPost for $600M using $800M Series C extension
Red Hat CEO looks to maintain double-digit growth in second year at helm
Red Hat CEO Paul Cormier runs the centerpiece of IBM’s transformation hopes. When Big Blue paid $34 billion for his company in 2018, it was because it believed it could be the linchpin of the organization’s shift to a focus on hybrid computing. In its most recent earnings report, IBM posted positive revenue growth for […] Continue reading Red Hat CEO looks to maintain double-digit growth in second year at helm
With Workfront, Adobe combines automated workflow with customer experience
Five months ago, Adobe purchased Workfront for $1.5 billion, a company that helps build marketing department workflows. Today the company is officially announcing how it intends to use it. As marketing executives try to balance mapping strategy to the creative process while building customized experiences, a marketing workflow tool would fit neatly into Adobe Experience […] Continue reading With Workfront, Adobe combines automated workflow with customer experience
Tellius announces $8M Series A to build ML-fueled business data query tool
Getting actionable business information into the hands of users who need it has always been a challenge. If you have to wait for experts to help you find the answers, chances are you’re going to be too late. Enter Tellius, an early stage startup building a solution to help business users find the information they […] Continue reading Tellius announces $8M Series A to build ML-fueled business data query tool