Tag: IBM
RedHat is acquiring container security company StackRox
RedHat today announced that it’s acquiring container security startup StackRox . The companies did not share the purchase price. RedHat, which is perhaps best known for its enterprise Linux products has been making the shift to the cloud in recent years. IBM purchased the company in 2018 for a hefty…
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As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month’s announcement that the organization will be spinning out its infrastructure services business next year. While IBM wouldn’t confirm the…
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IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision
As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price. With Instana, IBM…
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AI-tool maker Seldon raises £7.1M Series A from AlbionVC and Cambridge Innovation Capital
Seldon is a UK startup that specializes in the rarified world of development tools to optimize Machine Learning. What does this mean? Well, dear reader, it means that the “AI” that companies are so fond of trumpeting, does actually end up working. It’s now raised a £7.1M Series A round…
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IBM CEO Arvind Krishna wants to completely transform his organization
When IBM announced it was spinning out its infrastructure services business last month, it was surely a sign that the company was going all in on hybrid cloud. Today in an interview with Jon Fortt at the CNBC Evolve summit, IBM CEO Arvind Krishna made it clear that his whole…
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Code compiler pioneer Frances Allen dies at 88
It’s a sad week for the computing industry. IBM reports (via the New York Times) that computing pioneer and company fellow Frances Allen died of Alzheimer’s on her birthday, August 4th, at the age of 88. She’s best known for making vital contribution… Source
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