tech:

taffy

Micro Focus acquires COBOL-IT

UK-based Micro Focus has acquired COBOL-IT, a vendor of open-source COBOL solutions. It is the first technology acquisition made following the completion of the September 2017 merger of Hewlett Packard Enterprise’s former Software business unit with Micro Focus.

Paris-based COBOL-IT was founded in 2008. Terms of the transaction were not disclosed.

[Image courtesy: Micro Focus]

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.