Intel Paying $900 Million for Moovit
Intel has confirmed that it’s buying Israeli urban mobility startup Moovit, in a deal worth $900 million. Intel noted that it was buying Ness Ziona-based Moovit to help make Mobileye a "complete mobility provider," which will eventually include driverless taxi services.
Intel Buys Rivet Networks
Intel has acquired Rivet Networks, a Texas-based networking company, in a move the chipmaker hailed as "a terrific complement" to its existing Wi-Fi products as more users than ever consume bandwidth from home. Rivet Networks offers a mix of hardware, software and cloud-based technologies for networking connectivity. The company is known for its "Killer" line of networking products that deliver speed, intelligence, and control for gamers and performance users alike.
Apple Buys NextVR
NextVR’s eponymous VR video service never fully took off with users, despite offering 360-degree video access to select concerts and sporting events, including NBA games, WWE wrestling matches, and NHL highlights. But Apple apparently saw value in the company, and has acquired NextVR for purposes unknown.
VMware Buys Octarine
VMware plans to buy early-stage Kubernetes security vendor Octarine to simplify DevSecOps and enable cloud native environments to be intrinsically secure from development through runtime. The Palo Alto, Calif.-based enterprise software vendor said its proposed purchase of Sunnyvale, Calif.-based Octarine will provide full visibility into cloud-native environments so customers can better identify and reduce the risks posed by vulnerabilities and attacks. Octarine will be embedded into the VMware Carbon Black Cloud to better secure containerized applications running in Kubernetes, VMware said.
Microsoft Buys Metaswitch
Microsoft revealed an agreement to purchase U.K.-based Metaswitch Networks, telegraphing with its second networking acquisition in rapid succession a major commitment to building out the Azure Cloud as an end-to-end platform that advantages its ecosystem for the coming 5G era.
Microsoft Buys Softomotive
Microsoft revealed the acquisition of Softomotive, a deal aiming to empower the software giant’s partners to create and deploy artificially intelligent bots that automate business workflows. The London-based robotic process automation developer offers a popular platform, WinAutomation, used by more than 9,000 customers to automate Windows desktop processes involving both legacy and modern applications. Terms of the deal were not disclosed. Microsoft plans to merge that platform with Microsoft Power Automate to enhance its native capabilities for building bots and integrating apps from other software platforms, including SAP, Citrix and Java.
Cisco Buying Thousand Eyes
Cisco Systems plans to acquire network monitoring company ThousandEyes. The San Jose, Calif.-based tech giant will acquire its San Francisco-based neighbor, ThousandEyes. Bloomberg earlier reported that the price tag was nearly $1 billion.
Nvidia to Buy Cumulus Networks
Nvidia said it plans to acquire Cumulus Networks, signaling that the GPU powerhouse’s data center networking ambitions aren’t ending with its recently closed acquisition of Mellanox Technologies. The Santa Clara, Calif.-based company announced its intention to acquire Cumulus Networks, a provider of open networking software, Monday, saying that the move will allow the chipmaker to "innovate and optimize across the entire networking stack from chips and system to software."
Zoom Buys Keybase
In an effort to boost security on its platform, Zoom Video Conferencing has acquired Keybase, a provider of secure messaging and file-sharing services. Keybase was founded in 2014 by Chris Coyne and Maxwell Krohn, the co-founders of the popular dating website OKCupid and SparkNotes, a provider of study guides. Keybase itself has raised $10.8 million led by venture capital firm Andreessen Horowitz and has 16 employees, according to Crunchbase and LinkedIn.
Zscaler Buying Edgewise Networks
Zscaler has purchased early-stage vendor Edgewise Networks to better protect application-to-application communications in public cloud and data centers. The acquisition of the Burlington, Mass.-based Edgewise Networks will significantly improve the security of east-west communication by verifying the identity of application software, services and processes. This will measurably reduce the attack surface, Zscaler said, thereby lowering the risk of application compromise and data breaches.
Venafi Buys Jetstack
Venafi has agreed to purchase open source machine identity software provider Jetstack to better assist enterprises using Kubernetes for mission-critical infrastructure. The Salt Lake City, Utah-based cybersecurity vendor said it has been working closely with London-based Jetstack for the past two years to accelerate the speed of innovation for machine identity protection in Kubernetes, multi-cloud, service mesh and microservices ecosystems.
Sirius Computer Solutions Buys Advanced Systems Group
Solution provider behemoth Sirius Computer Solutions is going back to the future playing the role of ‘serious consolidator’ in the channel with its acquisition of one of the most highly regarded solution providers in the country, Advanced Systems Group (ASG).
Beanfield Buys Aptum Technologies WAN business
Aptum Technologies this week announced the completion of a transaction with Beanfield Metroconnect for Aptum’s WAN business, capping off a very active couple of months for the global hybrid cloud and managed services provider. Beanfield Metroconnect signed a recapitalization deal with Colony Capital’s Digital Colony worth CAD $255 million, and according to the telecom infrastructure provider, the money is being used to support growth and increase scale, and to buy the metro network of Aptum.
Chesapeake Systems Buys StorExcel
Chesapeake Systems, an integrator with a focus on the media and entertainment market, is looking to diversify its business with the acquisition of StorExcel, which has a focus on the government market. The acquisition, for which no dollar value was provided, makes the government market a new strategic focus for Chesapeake Systems, said Jason Paquin, CEO of the Baltimore-based solution provider.