TechTaffy

tech:

taffy

IBM To Acquire Star Analytics

By TechTaffy Desk

StarAnalytics

[Techtaffy Newsdesk]

IBM has signed a definitive agreement to acquire the software portfolio of Star Analytics, a privately held business analytics company headquartered in Redwood City, California.  Financial terms were not disclosed.

Leslie J Rechan (General Manager, IBM Business Analytics): IBM sees an enormous opportunity for our clients to apply Star Analytics to the information they have stored in their financial applications. And to then easily access it within their IBM performance management and business intelligence solutions.

The acquisition is subject to customary closing conditions and is expected to be completed in the first quarter of 2013.  

Just in

IT

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.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

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.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu.