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Blackberry today announced it is spending $1.4 billion to acquire Cylance, a provider of cybersecurity software based on mathematical models, to extend the reach of its security portfolio into the realm of the internet of things (IoT). Blackberry CEO … Continue reading Blackberry Acquires Cylance to Apply AI to IoT Cybersecurity
Microsoft today announced its plans to acquire GitHub for $7.5 billion in stock. Unsurprisingly, that sent a few shock waves through the developer community, which still often eyes Microsoft with considerable unease. During a conference call this morning, Microsoft CEO Satya Nadella, incoming GitHub CEO (and Xamarin founder) Nat Friedman and GitHub co-founder and outgoing […] Continue reading Microsoft promises to keep GitHub independent and open
Rackspace today announced that it has acquired RelationEdge, a Salesforce implementation partner and digital agency. The companies did not disclose the financial details of the acquisition. At first, this may sound like an odd acquisition. Rackspace is still best known for its hosting and managed cloud and infrastructure services, after all, and RelationEdge is all […] Continue reading Rackspace acquires Salesforce specialist RelationEdge
California-based cybersecurity giant McAfee announced plans Monday to acquire Skyhigh Networks, a cloud data storage security firm, in order to expand the company’s offerings as it looks to establishes itself once again as a standalone brand. The purchase comes less than eight months after McAfee was spun out of technology behemoth Intel. “Skyhigh’s leadership in cloud security, combined with McAfee’s security portfolio strength, will set the company apart in helping organizations operate freely and securely to reach their full potential,” stated McAfee CEO Chris Young. The deal represents McAfee’s first foray into the cloud access security broker (CASB) market segment, which has seen multiple company acquisitions in the last year. In practice, CASB technology is commonly used by customers to ensure that they are compliant with insurance guidelines as well as federal, state and local rules concerning security measures surrounding customer data storage. Other competing cloud access security brokers include […]
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Continue reading McAfee acquires Skyhigh Networks to expand offerings after Intel split