Intel buys computer vision company Itseez

Intel has signed a definitive agreement to acquire Itseez, a company working in Computer Vision (CV) algorithms and implementations for embedded and specialized hardware. Itseez will be part of the company's Internet of Things...

Brocade, Guiyang High-Tech Industrial Investment Group launch China JV

Brocade and the Guiyang High-Tech Industrial Investment Group (HTII), have signed a joint venture agreement to establish Guizhou Huiling Technology (GHTC). The joint venture combines Brocade's leading data center networking solutions with...

Intel buys Mobileye for $15.3B

Intel is acquiring Mobileye, an Israeli company that makes sensors and cameras for driverless vehicles, for roughly $15.3 billion.The transaction has been approved by the Intel and Mobileye boards, and is expected to close within...

Akamai, AT&T renew alliance through 2019

Akamai Technologies and AT&T have renewed their global alliance through 2019.  Under the agreement, AT&T will continue to offer Akamai's full product suite, including media delivery and web security services, as part of...

Eutelsat, ViaSat close European broadband joint venture

Eutelsat and ViaSat have closed their partnering arrangement combining Eutelsat’s European broadband business with ViaSat’s broadband technology know-how and Internet Service Provider (ISP) business. The two companies are creating a partnership that will...

Wipro acquires Appirio for $500M

Wipro has signed a definitive agreement to acquire cloud services company Appirio for $500 million. Appirio has been a strategic partner of Salesforce since 2006. The company partners with Workday, Google, and Amazon, as...

Veritas Capital acquires Harris’ government IT services business for $690M

Veritas Capital has signed a definitive agreement to acquire Harris Corporation’s government IT services business for $690 million in cash. Proceeds from the transaction will be used to support the company’s capital allocation...

Genpact to buy BPM software provider PNMsoft

Genpact has entered into a definitive agreement to acquire PNMsoft, business process management software provider based around Tel Aviv, Israel. Terms of the transaction were not disclosed. Sanjay Srivastava, Genpact senior vice president...

Baidu Ventures strengthening partnership with Comet Labs; gets new CEO

Baidu Ventures is strengthening their partnership with Comet Labs both in the United States and in China. The independent investment arm of the Chinese technology conglomerate Baidu has hired Comet Labs' co-founder Liu Wei as its...

Cisco acquiring AppDynamics for $3.7 billion

Cisco is acquiring AppDynamics, a privately held application performance management company based in San Francisco, for approximately $3.7 billion. AppDynamics will continue to be led by CEO David Wadhwani as a new software business...

Adobe Acquires IRIDAS Technology

Adobe Systems announced that it has acquired IRIDAS Technologies, a ten-year old, privately held company in the digital color grading and enhancement space. With this acquisition, Adobe gains a comprehensive set of tools for...

Industry leaders form OpenCAPI Consortium to work on datacenter performance

AMD, Dell EMC, Google, Hewlett Packard Enterprise, IBM, Mellanox Technologies, Micron, NVIDIA and Xilinx have come together to announce a new, open specification that can increase datacenter server performance by up to...

Baidu, Xiaomi to work together on AI, IoT technologies

Baidu and Xiaomi have entered into a partnership to collaborate on artificial intelligence (AI) and Internet of Things (IoT) technologies.

AT&T collaborating with Amazon Web Services to integrate cloud and networking capabilities

AT&T has reached a multi-year, strategic alliance agreement with Amazon Web Services (AWS) to optimize delivery of integrated solutions built on the companies' respective cloud and networking capabilities. The collaboration is...

Hewlett Packard Enterprise to acquire SGI for $275 million

Hewlett Packard Enterprise has signed a definitive agreement to acquire SGI for $7.75 per share in cash, a transaction valued at approximately $275 million.  SGI products and services are used for high-performance...