Symantec grabs Blue Coat Systems for $4.65 billion
Symantec announced over night it had purchased Blue Coat Systems for $4.65 billion, and also named Blue Coat CEO Greg Clark to the same role at Symantec.
It was a stunning turn of events for Blue Coat, which was sold just last year to Bain Capital for $2.4 billion. By all reports Bain intended to take Blue Coat public this year until they got an offer they couldn’t refuse from… Read More Continue reading Symantec grabs Blue Coat Systems for $4.65 billion
When I walked into a conference room last Tuesday at the Cloud Identity Summit in New Orleans to interview Ping Identity CEO Andre Durand, it was my first chat with him since the company had been sold the week before for $600 million (as reported by The Information), a tidy exit for the 14 year old company.
Egnyte has gotten as creative as it could as an online storage company. You could store your files on Egnyte in the cloud, on prem or with a competing storage service if you liked, but the company recognized that storage can only take you so far. Today it announced some new approaches designed to expand beyond that original storage vision. “As a pure-play stand-alone strategy,… 
If every company is a software company, perhaps every line of business (LoB) employee should be a programmer. That would be appear to be the idea behind Salesforce’s massive TrailheaDX announcement today. Ultimately, Salesforce hopes these LoB employees will be able to build apps without the help of IT or trained programmers. While the technical folks with programming knowledge… 
When Google bought bebop Technologies last fall for $348 million, it got more than a stealthy startup. It also landed Diane Greene as executive vice president of Google Cloud Enterprise — and that perhaps was the bigger prize. Greene brought with her years of industry experience, having co-founded and been CEO at VMware for a decade, building it into a virtualization powerhouse. In… 
AWS announced today that it was expanding its relationship with Salesforce.com, with Salesforce naming the cloud giant a preferred cloud provider. The agreement should help Salesforce increase its international presence without having to build its own data centers in countries that have data sovereignty laws, which require that data stays in-country. It’s expensive to build their… 
Cray has always been associated with speed and power and its latest computing beast called the Cray Urika-GX system has been designed specifically for big data workloads. What’s more, it runs on OpenStack, the open source cloud platform and supports open source big data processing tools like Hadoop and Spark. Cray recognizes that the computing world had evolved since Seymour Cray… 
Microsoft and SAP have been pals for years and years, and today at the SAP Sapphire Now customer conference in Orlando, the two company CEOs, Satya Nadella and Bill McDermott announced they were taking the relationship to another level with deeper cloud integrations between the two companies. The deal will enable SAP customers to run HANA, the company’s in-memory database product … 
Weaveworks announced a $15 million Series B round today led by GV (the artist formerly known as Google Ventures). Accel, which invested in its earlier $5 million Series A also participated. The company has raised $20 million so far with this round. Weaveworks has created a set of open source tools for managing, monitoring and securing containers, the latest hot technology for developers…