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LATEST DEALS

8×8 acquires Wavecell for $125 million

8x8, a cloud provider of voice, video, chat and contact center solutions, has acquired privately-held Wavecell, a Singapore-based global Communications Platform-as-a-Service (CPaaS) provider, for approximately $125 million.

HHS awards $49m contract to Ernst & Young for IAAI products and services

The Department of Health and Human Services (HHS) has awarded Ernst & Young (EY) a $49 million IDIQ (indefinite delivery indefinite quantity) contract vehicle for intelligent automation and artificial intelligence (IAAI) products and services.

Visa acquires payment gateway software company Payworks

Visa has acquired Payworks, a Munich-based provider of Point of Sale (POS) payment gateway software.

FUNDINGS

INDUSTRY

Raytheon awarded $110M cybersecurity contract

Raytheon has been awarded a contract to develop and deploy a mission-critical, advanced Cybersecurity Operations Center and services for a country in the Middle East North Africa region.

Indian B2B commerce company Moglix raises $60 million

Moglix, an Indian B2B commerce company, has closed a Series D funding round of $60 million.

Intel’s brain-inspired research chip system Pohoiki Beach available to research community now

Intel's brain-inspired research chip, the eight million neurons neuromorphic system,  is now available to the broader research community

PEOPLE

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IBM, AT&T ink multi-year alliance

Under the agreement, IBM will help AT&T to modernize the company's Business Solutions' internal software applications. IBM will make AT&T Business its primary provider of software defined networking.

Baidu, Snap renew sales partnership

Baidu and Snap have renewed their sales partnership, which first began in May 2017.

By Light selected by DISA for $23.5M contract

By Light was awarded a $23.5 million task order on the Defense Information Systems Agency’s Global Information Grid Services Management – Engineering, Transition and Implementation (GSM-ETI) contract.

Synopsys awarded DARPA ERI contract extension for signal emulation technology

Synopsys was awarded a contract extension from the Defense Advanced Research Projects Agency (DARPA) for the Posh Open Source Hardware (POSH) program to continue innovations in analog/mixed-signal (AMS) verification.

Raytheon awarded $110M cybersecurity contract

Raytheon has been awarded a contract to develop and deploy a mission-critical, advanced Cybersecurity Operations Center and services for a country in the Middle East North Africa region.

Indian B2B commerce company Moglix raises $60 million

Moglix, an Indian B2B commerce company, has closed a Series D funding round of $60 million.

Intel’s brain-inspired research chip system Pohoiki Beach available to research community now

Intel's brain-inspired research chip, the eight million neurons neuromorphic system,  is now available to the broader research community

General Dynamics wins $2 billion State department supply chain contract

General Dynamics Information Technology (GDIT), a General Dynamics company, has won a $2 billion contract to continue managing the U.S. Department of State (DOS) global technical security supply chain.