Author: Ron Miller

Enterprise shopping season starts early with almost $50B in recent deals

TECHCRUNCH Black Friday may be still be 10 days away, but shopping season started early in the enterprise this year. We have seen acquisitions totaling almost $50 billion in the last couple of months alone, topped by the mega $34 billion IBM-Red Hat deal two weeks ago. What exactly is going on here? While not every deal has been for that kind of money, we are seeing an unusually large number of mega deals this year, something that some folks were predicting would happen when the big tech companies were allowed to repatriate their money as part of last year’s...

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Vista snaps up Apptio for $1.94B, as enterprise companies remain hot

TECHCRUNCH It seems that Sunday has become a popular day to announce large deals involving enterprise companies. IBM announced the $34 billion Red Hat deal two weeks ago. SAP announced its intent to buy Qualtrics for $8 billion last night, and Vista Equity Partners got into the act too, announcing a deal to buy Apptio for $1.94 billion, representing a 53 percent premium for stockholders. Vista paid $38 per share for Apptio, a Seattle company that helps companies manage and understand their cloud spending inside a hybrid IT environment that has assets on-prem and in the cloud. The company...

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Abbyy looks to RPA to breathe new life in to scanning and workflow

TECHCRUNCH Abbyy has been around for a long time helping companies with scanning and workflow tools, but like many older vendors it has been looking for ways to extend its traditional business model. One way to do that is by teaming up with robotics process automation companies like UIPath. Today, the company announced it has launched the Abbyy FlexiCapture Connector in the UiPath Go! App store. Bruce Orcutt, senior vice president for product marketing at Abbyy says the connector provides the ability to pull content into UIPath or to take Abbyy content and push it to another part of...

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Google Cloud wants to make it easier for data scientists to share models

TECHCRUNCH Today, Google Cloud announced Kubeflow pipelines and AI Hub, two tools designed to help data scientists put the models they create to work across their organizations. Rajen Sheth, director of product management for Google Cloud’s AI and ML products says that the company recognized that data scientists too often build models that never get used. He says that if machine learning is really a team sport, as Google believes, models must get passed from data scientists to data engineers and developers who can build applications based on them. To help fix that, Google is announcing Kubeflow pipelines, which...

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Dropbox introduces Extensions for deeper integration with third-party tools

TECHCRUNCH Dropbox has had APIs for years that enable companies to tap into content stored in their repositories, and they have had partnerships with large vendors like Adobe, Google, Autodesk and Microsoft. Today, the company announced Dropbox Extensions to enhance the ability to build workflows and integrations with third party partners. Quentin Clark, SVP of engineering, product and design at Dropbox says they have long recognized the need to take the content stored in their repositories and provide ways to integrate it with other tools people are using. “We are on this journey to help this broader ecosystem get...

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Google finally adds consumer customer support with Google One

TECHCRUNCH You may recall my tale of woe from last year when I recounted how I was locked out of my Google account for a month. It was a tough time, made all the more frustrating because there wasn’t any customer support to contact. That is changing for Google One users though, and it’s about time. I received an email this week from Google informing me that my paid Google storage had been upgraded to Google One, Google’s freshly designed storage options announced last May. It comes with twice the storage, giving me two terabytes for the same $9.99...

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HashiCorp scores $100M investment on $1.9 billion valuation

TECHCRUNCH HashiCorp, the company that has made hay developing open source tools for managing cloud infrastructure, obviously has a pretty hefty commercial business going too. Today the company announced an enormous $100 million round on a Unicorn valuation of $1.9 billion. The round was led by IVP, whose investments include AppDynamics, Slack and Snap. New comer Bessemer Venture Partners joined existing investors GGV Capital, Mayfield, Redpoint Ventures, and True Ventures in the round. Today’s investment brings the total raised to $179 million. The company’s open source tools have been downloaded 45 million times, according to data provided by the...

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Rockset launches out of stealth with $21.5 M investment

TECHCRUNCH Rockset, a startup that came out of stealth today, announced $21.5M in previous funding and the launch of its new data platform that is designed to simplify much of the processing to get to querying and application building faster. As for the funding, it includes $3 million in seed money they got when they started the company, and a more recent $18.5 million Series A, which was led by Sequoia with participation from Greylock. Jerry Chen, who is a partner at Greylock sees a team that understands the needs of modern developers and data scientists, one that was born...

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