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Posts Categorized / Hi Tech

  • Oct 19 / 2017
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Hi Tech

Cisco to buy Perspica and fold engineering team into AppDynamics

 Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More

  • Oct 19 / 2017
  • 0
Hi Tech

MongoDB shares pop 25% in its public market debut

 MongoDB made its public debut with a bang, with jumping more than 25%, today after spending the past several days revising up its expectations throughout the IPO process — which seems to have landed on the right spot. The company provides open-source technology that can be attractive for early-stage startups that want to get off the ground and then seeks to convert those companies to… Read More

  • Oct 19 / 2017
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Hi Tech

Two Google alums just raised $60M to rethink documents

 When you open a Google doc or a spreadsheet, you get a blank spreadsheet and some documentation as to what you can do with it — and that’s pretty much where we’ve been for quite some time. But two MIT graduates, coming in from Microsoft and Google, have built up a team that for the past three years has quietly been trying to rethink how we approach documents. CEO Shishir… Read More

  • Oct 19 / 2017
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Hi Tech

Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall

Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: in 2017 so far, Intel says that it’s invested $566… Read More

  • Oct 19 / 2017
  • 0
Hi Tech

Cisco’s buying machine learning startup Perspica and folding team into AppDynamics

 Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More

  • Oct 19 / 2017
  • 0
Hi Tech

Swedish lock giant Assa Abloy acquires smart lock maker August Home

 The smart home market continues to heat up, and the legacy giants do not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many other brands — announced that it is buying US-based smart lock maker August Home to double down on new technology.  Terms of the deal are not being disclosed but we have asked both August… Read More

  • Oct 19 / 2017
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Hi Tech

MongoDB prices its IPO at $24 per share

 MongoDB has finished up what is essentially the final step in going public, pricing its IPO at $24 and raising $192 million in the process. The company will debut on the public markets tomorrow and will once again test the waters for companies that are looking to build full-fledged businesses on the back of open-sourced software. MongoDB provides open-sourced database software that can be… Read More

  • Oct 18 / 2017
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Hi Tech

Now part of Cisco, AppDynamics update looks to deepen understanding of business performance

 When Cisco acquired AppDynamics in January for $3.7 billion, it was a big surprise as the company was on the verge of going public. While it’s probably too soon to say how intertwined it will become in the Cisco product family, it continues to march forward announcing an update to the products set at the AppD Summit this week in New York City.
Today’s announcements build on the… Read More

  • Oct 18 / 2017
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Hi Tech

Adobe expands its Creative Cloud services for enterprises

 Adobe is using its annual MAX conference to launch a number of new features that are especially interesting to enterprises today. Usually, when we talk about enterprise software, we’re talking about pretty boring line-of-business applications, but as many of the biggest companies are also bringing their creative agencies in-house, their need for collaborative tools that work across teams… Read More