Category: acquisitions

Adobe’s stock on the rise as it reports record revenue

Adobe’s stock on the rise as it reports record revenue

Adobe’s stock on the rise as it reports record revenue 1
Creativity software firm Adobe Inc. saw its shares rise more than 4% in after-hours trading today after posting second-quarter financial results that beat expectations. The company, which sells the popular Photoshop image editing tool as well as a range of cloud marketing technology services, reported earnings before certain costs such as stock compensation of $1.83 […]

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Elastic acquires endpoint security firm Endgame for $234M

Elastic N.V., the company behind Elasticsearch has announced that it has signed a definitive agreement to acquire endpoint security firm Endgame Inc. for $234 million in a stock and debt repayment deal. Founded in 2008, Arlington, Va.-based Endgame offers an endpoint security platform that is claimed to transform security operations teams and incident responders from crime scene investigators […]

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VMware’s new deal with Microsoft signals move from headwinds to tailwinds

VMware’s new deal with Microsoft signals move from headwinds to tailwinds

VMware’s new deal with Microsoft signals move from headwinds to tailwinds 2
When the chief executives of Microsoft Corp., Dell Technologies Inc. and VMware Inc. found themselves onstage together Monday in Las Vegas, it was not the first time their paths had crossed, despite many years of trading sharp elbows in the competitive tech world. Sometimes, the technology community really isn’t that large after all. “I’ve known […]

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Google Cloud unveils Anthos amid questions on enterprise strategy and acquisitions

Google Cloud unveils Anthos amid questions on enterprise strategy and acquisitions

Google Cloud unveils Anthos amid questions on enterprise strategy and acquisitions 3
Google LLC rebranded its Cloud Services Platform today under the name of Anthos, the Greek term for “flowers.” Anthos will have general availability on 30 launch partners, including Cisco Systems Inc. and Dell EMC, according to Google Cloud Chief Executive Officer Thomas Kurian, raising hopes that the hybrid platform will blossom into a multicloud engine that can drive […]

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