tech:

taffy

Nokia To Acquire 3D Imagery Company Earthmine

[Techtaffy Newsdesk]

3D street-level imagery compnay Earthmine has entered into an agreement to be acquired by Nokia. The transaction is expected to close by the end of 2012. The terms of the transaction were not disclosed.

Earthmine, based in Berkeley, California, is a privately-owned company. It develops end-to-end 3D street level imaging solution — from collection hardware to processing workflows, cloud hosting and client software.

The Earthmine team is expected to join the Nokia Location & Commerce business and Berkeley, California will become a key site for the development of 3D reality capture technology.

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.