tech:

taffy

Informatica plans to acquire UK-Based Privitar

Informatica announced plans to acquire Privitar, a UK-based data management access and privacy software provider. The financial terms of the deal, expected to close in the third quarter of 2023, remain undisclosed.

The move aims to integrate Privitar’s advanced access controls and privacy remediation into Informatica’s Intelligent Data Management Cloud (IDMC) platform.

Informatica plans to leverage the capabilities of its Claire AI engine alongside Privitar’s data access management capability, with a view to accelerating the use of governed and trusted data across organizations.

[Image courtesy: Privitar]

 

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.