tech:

taffy

Dell Acquires AppAssure

[Techtaffy Newsdesk]

Dell has acquired backup software technology company AppAssure. Terms of the transaction were not disclosed.

AppAssure was founded in 2006 and is headquartered in Reston, Va. Bain Capital Ventures is the lead institutional investor in AppAssure and the remainder of the company is employee-owned. Dell plans to keep AppAssure’s approximately 230 employees and will continue to invest in additional engineering and sales capability to grow this business.

Brad Anderson (President, Enterprise Solutions Group, Dell): At a practical level, AppAssure enables Dell customers to seamlessly move and replicate data across our existing platforms — from an EqualLogic array in a remote office to a Compellent array at a data recovery site.

Just in

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.