Collaborate Disseminate
When it comes to M&A in the chip world, the numbers are never small. In 2020, four deals involving chip companies totaled $106 billion led by NVidia snagging ARM for $40 billion. One surprise from last year’s chip-laced M&A frenzy was Intel remaining on the sidelines. That would change if a rumored $30 billion deal […] Continue reading Intel rumored to be in talks to buy chip manufacturer GlobalFoundries for $30B
When Wendell Brooks stepped down as managing partner and head of Intel Capital last August, Anthony Lin was named to replace him on an interim basis. At the time, it wasn’t clear if he would be given the role permanently, but today, six months later, the answer is known. In a letter to the firm’s […] Continue reading Anthony Lin named permanent managing director and head of Intel Capital
Pat Gelsinger, the CEO of VMware, says the security industry has “failed its customers” and that security must become more intrinsic if enterprises are ever going to keep up with the threats they face on a daily basis. “Every year we are asking [enterprises] for more money from their security budgets and every year there’s an increasing number and cost of breaches,” Gelsinger said at VMware’s Security Through Innovation Summit produced by FedScoop and StateScoop. “This is a failure.” He compared the state of the industry to lawyers who make a living chasing after car accident victims in the hopes of scoring a personal injury settlement. “We show up after the car accident and then we say ‘Here, you need to buy more tools for forensics to tell you what happened in the car accident,’” Gelsinger said. “We are showing up after the fact. We need to have a better […]
The post VMware CEO: The security industry has ‘failed its customers’ appeared first on CyberScoop.
Continue reading VMware CEO: The security industry has ‘failed its customers’