AsiaPac excluding Japan (APeJ) spending on public cloud services and infrastructure is forecast to reach $15.08 billion in 2018, an increase of 35.66% over 2017, according to the latest update of the IDC Corp.'s Worldwide Semiannual Public Cloud Services Spending Guide.
Egnyte, Inc., cloud provider of smart content collaboration and governance, released a research that shows 82% of businesses are currently deploying a mix of cloud and on-premises infrastructure.
Intelligent orchestration software provider SaltStack secured $15.5 million in Series A funding led by venture capital firm Mercato Partners. This brings the company’s total funding to $28 million, building from past investments from Peak Capital, Epic Ventures, and Deep Fork Capital.
Oracle acquired cloud-based security and distributed denial of service (DDoS) mitigation company Zenedge. The startup helps secure critical IT systems deployed via cloud, on premises, and in hybrid environments. Terms of the deal were not disclosed.
VMware will acquire CloudCoreo, adding a public cloud security tool to its lineup. The virtualization giant didn’t disclose the purchase price for the Seattle-based startup. It will offer CloudCoreo’s security platform as a standalone service, according to a VMware spokesperson.
Google is buying Internet of Things (IoT) platform company Xively from LogMeIn for $50 million. In a blog post announcing the deal, Google said that the acquisition will complement Google Cloud Platform’s (GCP) IoT efforts and allow the company to provide a managed IoT platform that connects and manages devices as well as processes the data from them.
Silicon Valley startup Tachyum Inc. announced today it has received an outside investment from IPM Growth, the venture capital division of InfraPartners Management LLP (“IPM LLP”), a global multi-asset class fund management and advisory firm.
NGD Systems, Inc., the leader in computational storage, announced today the completion of Series B round of financing with $12.4M. The round was led by new investor Partech Ventures with participation from Orange Digital Ventures. Existing investors Alcor Micro and Benhamou Global Ventures (BGV) also participated in the round. In addition, the company has received a $4M credit facility from Silicon Valley Bank (SVB).
Carbonite on Tuesday announced it's entered into a definitive agreement to acquire Mozy from a subsidiary of Dell for $145.8 million in cash, alongside mixed financial results for the quarter and full year.
OpenText™ (NASDAQ: OTEX) (TSX: OTEX), a global leader in Enterprise Information Management (EIM), announced today that it has acquired Hightail, Inc. ("Hightail"), formerly known as YouSendIt, a leading cloud service for file sharing and creative collaboration with approximately 5.5 million customers globally spanning enterprise accounts, paid subscribers, and individual consumers.