News

News

Tim Cook named recipient of Newseum’s Free Expression Award

Apple CEO Tim Cook will receive the Newseum's 2017 Free Expression Award in the Free Speech category. Mr. Cook will be recognized for his leadership in creating technology that has had a profound impact on how we communicate, said a statement...

Hewlett Packard Enterprise acquires Niara

Hewlett Packard Enterprise has acquired Niara, a Sunnyvale, California-based behavior analytics company working in the User and Entity Behavior Analytics (UEBA) security market segment. Terms of the transaction were not disclosed. The Niara behavioral analytics software automates the detection of...

Xerox adds two new directors to board

Xerox CEO Jeff Jacobson, and Greg Brown, chairman and chief executive officer of Motorola Solutions, have joined Xerox’s board of directors. Mr. Brown also serves on the board of Motorola Solutions, Federal Reserve Bank of Chicago, Rutgers University, Business Roundtable and Skills...

Sprint names Néstor Cano COO

Sprint has named Néstor Cano, 52, to the newly created position of chief operating officer. Mr. Cano will report to Sprint president and CEO Marcelo Claure. Most recently, Mr. Cano was president of European Operations at Tech Data. Before joining Tech...

Software testing company Tricentis raises $165M

Tricentis, an automated software testing company headquartered in Vienna, Austria, has raised $165 million in a Series B financing round from Insight Venture Partners. As part of the transaction, the venture firm's managing director Mike Triplett will join Tricentis' board. Tricentis says...

Spaces raises $6.5M

Mixed reality company Spaces has raised $6.5 million in funding. The investment was led by China-based Songcheng Performances Development Co. , with additional investment from Comcast Ventures and other venture capitalists. Former DreamWorks Animation CFO Fazal Merchant, Comcast Ventures’ managing director Michael...

Microsoft acquires deep learning startup Maluuba

Microsoft has acquired Maluuba, a Montreal-based deep learning company working on natural language understanding. In a blog post, Harry Shum, executive vice president, Microsoft Artificial Intelligence and Research Group, said Maluuba’s expertise in deep learning and reinforcement learning for question-answering and decision-making systems...

Merck to use Palantir data analytics capabilities

Merck has announced a partnership with Palantir Technologies, that is expected to leverage Palantir's advanced data analytics capabilities. Financial details of the agreement were not disclosed. Initially, Merck will apply Palantir's technology to cancer treatment and patient services. Ultimately the company says it...

Quantum computing company D-Wave releases open source qbsolve tool

Quantum computing company D-Wave has released an open-source, quantum software tool called qbsolv. Qbsolv is a metaheuristic or partitioning solver that solves a potentially large quadratic unconstrained binary optimization (QUBO) problem by splitting it into pieces that are solved either on...

PGi to acquire ReadyTalk

PGi has entered into a definitive agreement to acquire Denver-based ReadyTalk, a provider of cloud communications services. ReadyTalk was founded in 2001 and, according to a statement released by PGi provides collaboration software and services to more than 6,000 small-...

Hortonworks appoints Rajnish Verma President and COO

Hortonworks has appointed Raj Verma president and chief operating officer. According to a statement issued by the company, Mr. Verma will be responsible for advancing Hortonworks' global sales strategy and execution. He will also oversee sales, sales engineering, channel, professional services,...

Cogito raises $15M

DARPA-funded artificial intelligence company Cogito has raised a $15 million Series B round. The investment was led by OpenView, with participation from existing investors Romulus Capital and Salesforce Ventures. Scott Maxwell, founder and managing partner of OpenView, has joined the company’s board. Cogito says...

Oracle buys Dyn

Close on the heels of the Netsuite acquisition, Oracle has signed an agreement to acquire internet infrastructure services provider Dyn, for an undisclosed sum. “Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,”...

Bsquare inks $4.8 million IoT software and services deal

Bsquare has entered into an agreement with a global supplier of smart grid and smart city solutions to utilize its DataV Internet of Things (IoT) software. The one-year subscription agreement, includes an option to extend for an additional four...

Delphi Automotive names Ana Pinczuk to its board of directors

Delphi Automotive has named Ana Pinczuk to its board of directors. Ms. Pinczuk brings more than 30 years of experience in high technology companies, including numerous senior leadership roles with Veritas, Cisco and AT&T. Most recently Ms. Pinczuk was the...