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Broadcom to acquire VMware for $61bn
Broadcom is acquiring VMware in a cash-and-stock transaction for approximately $61 billion.
Intel appoints Safroadu (Saf) Yeboah-Amankwah as chief strategy officer
Intel has appointed Safroadu (Saf) Yeboah-Amankwah as senior vice president and chief strategy officer.
Intel Capital invests $117 million in startups
Intel Capital, Intel’s global investment organization, announced new investments totaling $117 million in 14 technology startups.
Intel Capital invests $60M in tech startups
Intel Capital, Intel Corporation's global investment organization, announced new investments totaling more than $60 million in 15 technology startups. This latest group of new...
Google Acquires Magnolia Broadband Patents
Magnolia Broadband has sold its beam forming Mobile Transmit Diversity (MTD) patent portfolio to Google. The patent portfolio covers methods for increasing spectrum utilization...
Recent posts
Series E
Vercel raises $250M
San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A
Worky raises $6M (Mexico)
Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry
Amazon announces $1.31B investment in France
Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web
Amazon Web Services CEO Adam Selipsky to step down — CNBC
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer.
AI
Palo Alto Networks, Accenture expand alliance to offer generative AI services
Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.