Aug
15
2017
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Microsoft acquires Cycle Computing

 Microsoft today announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed. Read More

Jul
31
2017
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Facebook buys Ozlo to boost its conversational AI efforts

 Facebook has gone ahead and purchased Charles Jolley’s conversational AI startup Ozlo. Jolley, formerly Head of Platform for Android at Facebook, will not be returning to the company. The Ozlo team is expected to join Facebook to work on natural language processing challenges. Read More

Jul
25
2017
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Sage Group buys Intacct accounting software for $850M

 British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Read More

Jul
20
2017
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Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

 After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy. The company has acquired Joe Hukum, a startup out of India that offers a platform for businesses to build their own chatbots. I’ve asked, but the companies are not revealing any terms… Read More

Jul
13
2017
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Cisco acquires network security startup Observable Networks

Digital security key concept background with binary data code Underscoring the ongoing market demand for security services amid a growing threat of cyber breaches and malicious hacking among businesses that are moving to cloud-based infrastructures, Cisco announced it has acquired Observable Networks, a company that provides real-time network behavior monitoring to help IT teams detect anomalies that might be related to security breaches. Read More

Jul
11
2017
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Samsung quietly acquires Greek text-to-speech startup Innoetics for under $50M

 With the launch of Bixby and reports that Samsung is building its own competitor to Amazon’s Echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services. Samsung has acquired Innoetics, a startup out of Greece that has developed text-to-speech and voice-to-speech technology that can, among other things, listen to… Read More

Jun
10
2017
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Postmates acqhires Secret CEO David Byttow’s startup Bold

 The founder of one of Silicon Valley’s most famous flameouts, anonymous social app Secret, is the new product lead for Postmates’ app. After Secret shut down and gave investors back their money, David Byttow went on to raise a $1 million seed round from Index to launch a blog publishing tool for enterprises called Bold.
Today Bold was acqhired by Postmates, Byttow confirmed to… Read More

May
31
2017
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The best Meeker 2017 Internet Trends slides and what they mean

 Here are the must-read stats about what’s happening with internet adoption, smartphones, ads, e-commerce, entertainment, gaming, enterprise healthcare, China, India and startups. We’ve picked the most important slides from legendary Kleiner Perkins partner Mary Meeker’s massive 355-page 2017 Internet Trends report, deciphered the complex data and explained why… Read More

May
31
2017
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The best Meeker 2017 Internet Trends slides and what they mean

 Here are the must-read stats about what’s happening with internet adoption, smartphones, ads, e-commerce, entertainment, gaming, enterprise healthcare, China, India and startups. We’ve picked the most important slides from legendary Kleiner Perkins partner Mary Meeker’s massive 355-page 2017 Internet Trends report, deciphered the complex data and explained why… Read More

May
16
2017
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Apple is shoring up Siri for its next generation of intelligent devices

 Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More

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