Tag: Mergers and acquisitions
Broadcom’s board called CEO Hock Tan the company’s ‘driving force,’ while three other executives won praise for their work moving the company’s $69 billion deal to buy VMware through regulators around the world. Compensation for these executives increased 211 percent year over year, from $77 million in 2022 to $242 million in 2023. Broadcom CEO…
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Part 1 of CRN’s Big Data 100 takes a look at the vendors solution providers should know in the data analytics and business intelligence space. Gaining Business Insights Data analytics, business intelligence and data visualization software are critical components of the big data technology stack. They are the tools that everyone from everyday business users…
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Salesforce has dropped its acquisition plans to buy data management software company Informatica for an estimated $11 billion, reports indicate. Salesforce has reportedly backed away from its pursuit to acquire Informatica, a data management software specialist, for roughly $11 billion. Both sides couldn’t agree on the terms of the deal and talks have now come…
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‘The combined power of the BMC Helix platform and Netreo solutions provides IT Operations, DevOps practitioners, developers, and network teams with comprehensive insights spanning applications, infrastructure, and networks, helping them increase the overall reliability and performance,’ wrote Margaret Lee, BMC’s senior vice president and general manager of digital service and operations management, in a blog…
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For the week ending April 12, CRN takes a look at the companies that brought their ‘A’ game to the channel including Google Cloud, Intel, Wiz, Zscaler, Lumen Technologies and startup solution provider Ensemble AI. The Week Ending April 12 Topping this week’s Came to Win is Google Cloud which used this week’s Google Next…
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Inriver, a developer of product information management software, has hired Cunningham and a new chief sales officer as the Sweden-based company revs up for expansion in North America – including plans to grow its channel presence. Inriver, a Sweden-based developer of product information management software, has hired former Datto chief marketing officer Brooke Cunningham as…
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The deal is the second acquisition to date for cybersecurity unicorn Armis. Armis announced its acquisition Wednesday of a startup focused on helping organizations prioritize their response efforts to cybersecurity risk. The acquisition of the startup, Silk Security, is the second to date for cybersecurity unicorn Armis. The company said the deal is worth $150…
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The software giant will focus on its core S/4HANA and Business Technology Platform products and plans to sell off its stake in customer experience application developer Qualtrics. Business application giant SAP is laying off up to 3,000 employees – about 2.5 percent of its global workforce – joining a growing list of IT vendors cutting…
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“This change was made based on partner feedback and will provide greater flexibility, creating a smoother experience for both partners and customers,” according to Microsoft documents. This quarter, Microsoft plans to allow solution providers in its Cloud Solution Provider program to transfer end customer new commerce experience subscriptions from one partner to another midterm, eliminating…
Read More‘Together with LeanIX, we want to offer a first-of-its-kind transformation suite to provide holistic support to our customers on their business transformation journeys,’ said SAP CEO Christian Klein. SAP is buying management software specialist LeanIX in a move to embed generative AI into products and create a new transformation solution suite. “Systems and processes go…
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