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Avaya Adds Two New Board Members

Avaya has appointed Kiran Patel and Ronald Rittenmeyer to the company’s board.

Kiran Patel served as executive vice president and general manager of the Small Business Group at Intuit from December 2008 to September 2013. He previously served as senior vice president and general manager of the Consumer Group of Intuit from June 2007 to December 2008. Mr. Patel is currently on the board of directors of KLA-Tencor, as well.

Ronald Rittenmeyer has served as chairman, president and chief executive officer of Expert Global Solutions, since 2011. Prior to his current position with Expert Global Solutions, he served as chairman, president and chief executive officer of Electronic Data Systems. Mr. Rittenmeyer is currently on the board of directors of American International Group, and Tenet Healthcare.

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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.

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.

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.

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. 

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.