Cisco to acquire silicon photonics chip maker Luxtera for $660 million

As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera […] Continue reading Cisco to acquire silicon photonics chip maker Luxtera for $660 million

Seismic scores $100 million Series E investment on $1 billion valuation

Seismic has been helping companies create and manage their sales and marketing collateral since 2010. Today the company announced a $100 million Series E investment on a $1 billion valuation. The round was led by Lightspeed Venture Partners and T Rowe Price. Existing investors General Atlantic, JMI Equity and Jackson Square Ventures also participated in […] Continue reading Seismic scores $100 million Series E investment on $1 billion valuation

AWS signs on to defend itself in Oracle’s JEDI RFP lawsuit against US government

Just when you didn’t think there could be any more drama over the Pentagon’s decade long, $10 billion JEDI contract RFP, the plot thickened again last week when Amazon Web Services (AWS) joined the US government as a defendant in Oracle’s lawsuit over the Pentagon’s handling of the contract RFP process. Earlier this month, Oracle […] Continue reading AWS signs on to defend itself in Oracle’s JEDI RFP lawsuit against US government

GE’s digital future looking murkier with move to spin off Industrial IoT biz

When I visited the GE Global Research Center in Niskayuna, New York in April 2017, I thought I saw a company that was working hard to avoid disruption, but perhaps the leafy campus, the labs and experimental projects hid much larger problems inside the company. Yesterday GE announced that it is spinning out its Industrial IoT […] Continue reading GE’s digital future looking murkier with move to spin off Industrial IoT biz

New tool uses AI to roll back problematic continuous delivery builds automatically

As companies shift to CI/CD (continuous integration/continuous delivery), they face a problem around monitoring and fixing problems in builds that have been deployed. How do you deal with an issue after moving onto the next delivery milestone? Harness, the startup launched last year by AppDynamics founder Jyoti Bansal, wants to fix that with a new […] Continue reading New tool uses AI to roll back problematic continuous delivery builds automatically

NYC’s Work-Bench announces $47M enterprise investment fund

Work-Bench, an early stage enterprise startup venture capital firm based in New York City announced its $47 million Fund II today. It follows their initial $10 million fund. Work-Bench is itself like a venture capital investment startup. A scrappy operation run by just five enterprise industry veterans, it defies convention in a number of ways […] Continue reading NYC’s Work-Bench announces $47M enterprise investment fund

Oracle is suing the U.S. government over $10B Pentagon JEDI cloud contract process

Oracle filed suit in federal court last week alleging yet again that the decade-long $10 billion Pentagon JEDI contract with its single-vendor award is unfair and illegal. The complaint, which has been sealed at Oracle’s request, is available in the public record with redactions. If all of this sounds familiar, it’s because it’s the same argument the […] Continue reading Oracle is suing the U.S. government over $10B Pentagon JEDI cloud contract process

AtScale lands $50 million investment led by Morgan Stanley

AtScale, the startup that helps companies move massive amounts of data into business intelligence and analytics tools, announced a $50 million Series D round today. Morgan Stanley led the round with previous investors Storm Ventures and Atlantic Bridge joining in. New investor Wells Fargo also participated. The funding comes almost exactly a year after the […] Continue reading AtScale lands $50 million investment led by Morgan Stanley

Dell’s long game is in hybrid and private clouds

When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining financial flexibility, the $67 billion EMC deal has always been about setting the company up for a hybrid and private cloud […] Continue reading Dell’s long game is in hybrid and private clouds

Dell votes to buy back VMware tracking stock and will likely go public

Dell just announced that it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of $23.9 billion. With today’s move, the company will likely go public. Sixty-one percent of shareholders voted in favor of the deal. It’s unclear how Wall Street will deal with the $50 […] Continue reading Dell votes to buy back VMware tracking stock and will likely go public