tech:

taffy

Ektron Gets Equity Investment

Digital experience management software company Ektron has closed a second round of equity funding with Accel-KKR. This increased investment follows the investment made by Accel-KKR in April 2014, which was the company’s first institutional round. Terms of the deal were not disclosed.

Ektron powers more than 10,000 web properties, including PayPal, Lloyd’s, Dolby, Sydney Opera House, Epicor Software, Invensys, Wolters Kluwer, and NASDAQ among some 3,800 organizations and brands worldwide.

[Image courtesy: Ektron]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.