Acquisition stories - Page 19

Google boosts its cloud file storage with the acquisition of Elastifile, promising enhanced support for enterprise digital transformation by late 2019.

Druva has acquired hybrid cloud data protection firm CloudLanes to enhance its edge-to-cloud capabilities, making data more accessible and secure.

The new programme adds a strategic layer of support and enablement for distributors to drive growth, add scale and extend reach into new markets.

IBM acquires Red Hat for USD $34 billion, aiming to redefine the cloud market with a robust hybrid multicloud platform based on open source technologies.

GTT Communications to acquire KPN International for €50m in cash, helping to expand its network reach and client base across Europe.

Motorola Solutions celebrates 45 years in Penang, honouring Malaysia's skilled engineers and their contributions to global tech innovation.

Intel announced its intent to acquire Barefoot Networks, an ethernet switch and data center software firm, to bolster its data center market position.

Hitachi and Virtusa are teaming up in Silicon Valley to develop AI-based solutions for the financial services industry.

The investment is part of a broader focus to help enterprise customers have better control over their data residency.

Veeam debuts 'with Veeam' initiative, enhancing customer data-management options through strategic partnerships.

NVIDIA's data center revenue dropped 10% year-over-year to USD $634 million, but CEO Jensen Huang is optimistic about their acquisition of Mellanox.

Infratil seeks approval from the Commerce Commission to acquire up to 50% of Vodafone New Zealand, with Brookfield Asset Management to own the rest.

The global edge computing market is set to soar from USD $1.73 billion in 2017 to USD $16.55 billion by 2025, driven by 5G and IoT framework developments.

Zayo Group Holdings has agreed to be acquired by Digital Colony Partners and EQT Infrastructure IV fund in a $14.3bn deal.

Red Hat thrives in 2019 due to Linux dominance, open source innovation, cloud independence, new products, cost efficiency, and IBM's acquisition boost.

Microsoft Build 2019 introduces new innovations for Microsoft 365, including features like Microsoft Graph data connect and the Fluid Framework.

DC BLOX has signalled its intentions for expansion in the southeastern United States with the addition of Ploid to bolster its arsenal.

WaveTech Global acquires Power Analytics' assets and IP, expanding its energy management platform with SaaS solutions and over 20 new patents.

Park Place Technologies appoints Sean Sears as the new managing director for EMEA, focusing on growth, customer satisfaction, and operational efficiencies.

Cisco, Palo Alto Networks and Fortinet, all with a strong focus on network security products, outperformed the market, recording strong double-digit growth.