IBM
Featured Article
SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations
There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based…
Featured Article
The IBM-HashiCorp coupling could be more complicated than it seems
At a quick glance, the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not.
IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition
With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses.
IBM to acquire StreamSets and WebMethods from Software AG for $2.3B
IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG. The all-cash deal will see IBM take…
Meta, on an open source tear, wants to spread its influence in the ongoing battle for AI mindshare. This morning, the social network announced that it’s teaming up with IBM,…
Apple, Disney, Comcast among X advertisers pausing spending after Musk endorsed antisemitic post
After X owner Elon Musk amplified antisemitic conspiracy theories on the platform, numerous high-profile advertisers have paused their spending on the platform formerly known as Twitter. Since Friday, per various…
Fighting for relevance in the growing — and ultra-competitive — AI space, IBM this week introduced new generative AI models and capabilities across its recently launched Watsonx data science platform.…
COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959. It’s had surprising staying power; according to a 2022 survey,…
Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it’s found a buyer for The Weather…
Millions of Americans’ health data stolen after MOVEit hackers targeted IBM
Millions of Americans had their sensitive medical and health information stolen after hackers exploited a zero-day vulnerability in the widely used MOVEit file transfer software raided systems operated by tech…
Featured Article
Red Hat saved IBM’s bacon this quarter
IBM reported earnings this week, which weren’t exactly stellar, but without Red Hat’s revenue, it could have been far worse.
The rise of FinOps already fueled multiple acquisitions, including IBM’s plan to acquire Apptio for a whopping $4.6 billion, but there’s more to come.
IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services
As cloud architecture continues to be more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public…
Ten months after promotion, Red Hat CEO Matt Hicks navigates layoffs and AI’s rise
Ten months into his tenure as CEO at Red Hat, Matt Hicks has had to deal with myriad issues from the economy to emerging AI.
Red Hat is holding its annual customer summit in Boston this week, and today it announced a couple of enhancements to Ansible, its open source IT automation tool, including the…
Confirmed: IBM acquires Polar Security for $60M to automate cloud data management
Update: IBM has now confirmed the news and said Polar will be integrated into its Guardium unit (itself based on an acquisition from way back in 2009). No price disclosed.…
IBM, like pretty much every tech giant these days, is betting big on AI. At its annual Think conference, the company announced IBM Watsonx, a new platform that delivers tools…
After spinning out of IBM-acquisition NS1, open source startup NetBox Labs raises $20M
NetBox Labs, a new open source startup spun out of VC-backed network automation company NS1 back in January, today announced it has raised $20 million in a Series A round…
IBM acquires GraphQL startup StepZen to step up its game in API management
GraphQL, developed internally at Facebook to help developers with API management before getting rolled out as an open source query language in 2015, has gained traction as an alternative (or…
New Red Hat partnerships with SAP and Oracle could bode well for owner IBM
It’s been a good week for Red Hat, and by extension IBM, the company that owns it. That’s because Red Hat signed two partnership agreements this week, one with Oracle…
IBM wants to scale up its quantum computers to over 4,000 qubits by 2025 — but we’re not quite there yet. For now, we have to make do with significantly…
On cloud platforms and SME antitrust complaints
End-to-end encrypted email provider Tutanota finally got a fix last month from Microsoft for a registration issue that had affected users who were trying to sign up to the tech…
A new report from PitchBook shows that VC activity in the AI sector declined precipitously over the past few months.
LG Electronics launches NFT platform that lets users buy and sell digital artwork
LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement…
Lumachain, using computer vision to transform meat production, bites into new capital
Lumachain’s goal is to solve some of the global meat industry’s key challenges, including employee shortages and supply chain disruptions.
It’s still early days for quantum computing, but we’re currently seeing rapid improvements in the underlying hardware and software foundations for this new computing paradigm. Just like during the early…
New Red Hat CEO looks to keep things steady while putting own mark on company
Red Hat promoted 16-year veteran Matt Hicks, who says he will for the most part continue on the path of former CEO Paul Cormier.
Getting acquired is a legitimate strategy for building your business
While the IPO is characterized as the pinnacle for venture-backed startups, far more companies see successful exits via an M&A process than by going public.
Featured Article
What downturn? Investors remain bullish on HR tech as the Great Resignation slows
HR tech platforms are still getting a lot of investor attention despite headwinds at the macroeconomic level that have the potential to affect their sales.
IBM hopes a new error mitigation technique will help it get to quantum advantage
It felt like for a long time, the quantum computing industry avoided talking about “quantum advantage” or “quantum supremacy,” the point where quantum computers can solve problems that would simply…
