Tag: Mergers and acquisitions
OpenAI has acquired Rockset, developer of a high-powered data search and analytics database that will become part of the data retrieval infrastructure underlying its generative AI software products. Generative AI pioneer OpenAI has acquired search and analytical database developer Rockset and will leverage the technology to help users of OpenAI’s software “better leverage their own…
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While maintaining separate partner programs for the moment, Cisco is taking steps to build links between the Cisco and Splunk partner bases and help them leverage the combined Cisco-Splunk technology portfolio. Cisco Systems and its recently acquired Splunk business unit are taking the first steps to build links between their partners and the channel programs…
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Epicor, a leading ERP application developer, says the addition of KYKLO’s product information management and lead-generation software will accelerate its efforts to transform ERP beyond its traditional transactional role to “a system of insights and action.” ERP application developer Epicor Software has acquired KYKLO, a fast-growing provider of product information management (PIM) and content-drive lead…
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For the week ending June 14, CRN takes a look at the companies that brought their ‘A’ game to the channel including AWS, Mistral AI, Fortinet, Pax8 and Confluent. The Week Ending June 14 Topping this week’s Came to Win is Amazon Web Services for its plan to invest $230 million in AI startups, including…
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While Splunk-Cisco product integration was big news at this week’s .conf24 event, Splunk also debuted new products around AI, next-generation Security Operations Centers and data management. Splunk has unveiled a series of AI tools and assistants across its product portfolio that the company said are designed to help organizations speed up routine tasks, glean new…
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At Splunk .conf24, Cisco CEO Chuck Robbins and Go-to-Market President Gary Steele spoke to Splunk customers about the benefits of integrating the companies’ security and observability products and highlighted the opportunities those combinations will create for partners. Cisco Systems and Splunk executives are putting on a full-court press at Splunk .conf24 this week to tout…
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Reuters late Monday, citing unnamed sources, said that solution provider Kyndryl Holdings and investment company Apollo Global were teaming up to make a bid for solution provider DXC Technology that could value DXC at up to $4.5 billion. Global IT services provider Kyndryl Holdings and private investment firm Apollo Global reportedly may be preparing a…
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Gary Steele, who serves as Splunk general manager in addition to his Cisco post, says in an interview with CRN that a major focus for him is not allowing the nitty-gritty of the ongoing Cisco-Splunk integration to disrupt Splunk’s track record of innovation. In mid-March Cisco Systems completed its $28 billion acquisition of Splunk in…
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‘Belcan’s deep engineering capabilities and domain expertise across the aerospace and defense market will be complemented by Cognizant’s scale and own multidecade digital engineering expertise, providing Belcan’s blue-chip client roster access to our advanced AI, cloud and data technologies,’ says Cognizant CEO Ravi Kumar. Solution provider powerhouse Cognizant is acquiring engineering services specialist Belcan for…
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Terms of the acquisition deal for Lacework, which had once been valued at $8.3 billion, weren’t disclosed. Fortinet announced Monday it has reached an agreement to acquire cloud security firm Lacework in a significant consolidation deal for the cybersecurity industry. The terms of the deal, which is expected to be completed in the second half…
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