Sierra Wireless to acquire Numerex for $107 million

Sierra Wireless has entered into a definitive merger agreement to acquire machine-to-machine communications company Numerex. The transaction is valued at approximately $107 million. Numerex will become a subsidiary of Sierra Wireless, upon...

Rambus partners with Samsung to develop 56G SerDes PHY

Rambus is partnering with Samsung for its recently launched 56G SerDes PHY, a PAM-4 solution with adjustable power through an integrated ADC to be developed on Samsung’s 10nm LPP (Low-Power Plus) process technology. “There...

Hewlett Packard Enterprise acquires Niara

Hewlett Packard Enterprise has acquired Niara, a Sunnyvale, California-based behavior analytics company working in the User and Entity Behavior Analytics (UEBA) security market segment. Terms of the transaction were not disclosed. The...

Microsoft buys AI-powered scheduling app Genee

Microsoft has signed an agreement to acquire Genee, an artificial intelligence-powered scheduling app for meetings. Genee uses natural language processing and optimized decision-making algorithms, says Microsoft.  Co-founders Ben Cheung and Charles Lee,...

Fortinet signs information sharing agreement with INTERPOL

Cybersecurity solutions company Fortinet has formalized its threat sharing with INTERPOL, the company said in a statement. 

Red Hat to acquire CoreOS for $250 million

Red Hat has signed a definitive agreement to acquire CoreOS, a provider of Kubernetes and container-native solutions, for a purchase price of $250 million. 

Uber, Venmo partnering on payments

Uber and Venmo, a service of PayPal, are partnering to deliver a new payment experience available with Uber and Uber Eats. More than six million payments on Venmo mentioned “Uber” in their...

Fusion lands $1.3 million cloud and data center solutions contract

Cloud services provider Fusion has been selected to provide cloud and data center solutions to a cybersecurity company. The contract is expected to generate more than $1.3 million in cloud-based services revenue, and has...