Skyhigh Networks snapped up by McAfee to combine endpoint and cloud security expertise

McAfee is acquiring cloud security provider Skyhigh Networks with the aim of ‘establishing the leading company to provide the cybersecurity architecture of the future.’

Skyhigh, alongside other organisations such as Netskope, is in the ‘cloud access security broker’ (CASB) space, defined by Gartner as “on-premises, or cloud-based security policy enforcement points, placed between cloud service consumers and cloud service providers to combine and interject enterprise security...

By James Bourne, 27 November 2017, 0 comments. Categories: M&A, Security.

Datto merges with Autotask aiming to create the largest vendor in the managed services space

Data protection solutions provider Datto has announced it is to be acquired by Vista Equity Partners, with the company being merged with IT business management provider Autotask, another horse in Vista’s stable.

The move is a large one in the managed service provider (MSP) space, with the companies in their own words ‘creating the only complete, global IT business management and business continuity platform built exclusively for MSPs.’

Datto offers business continuity, backup and disaster...

By James Bourne, 27 October 2017, 0 comments. Categories: Data Management, Disaster Recovery, M&A.

Google Cloud acquires Bitium for greater identity and access management

Google Cloud has beefed up its identity and access management game with the acquisition of Bitium, a Santa Monica-based firm.

Bitium, founded in 2012, offers a variety of identity management features, including secure access, user provisioning and deprovisioning, app management and single sign on.

In a short blog post confirming the news, Karthik Lakshminarayanan, director of product management for G Suite and Cloud Identity, said the move will...

By James Bourne, 27 September 2017, 0 comments. Categories: Google, M&A, Security, Software.

MongoDB sets up to go public, reveals $101m yearly revenues in filing

Database provider MongoDB has filed to go public, confirming reports from a month previously and potentially becoming the third major cloud IPO of 2017 after Okta and Cloudera.

The SEC filing, available to view here, shows MongoDB made $101.4 million in total revenues in the year ending January 31 2017, up 55% from the previous year’s $65.3m, which was up 37% from 2014-15’s $40.8m. Despite total gross profit of $71.4m, total...

By James Bourne, 22 September 2017, 0 comments. Categories: Data & Analytics, Developers, Economy, M&A.

Rackspace acquires Datapipe to further bolster managed services play

Rackspace has announced it is to acquire managed service provider Datapipe in what is being touted as the ‘biggest acquisition by far’ in the company’s history.

The company added it would make Rackspace the world’s leading provider of multi-cloud managed services, managed public cloud services across all the hyperscale infrastructure vendors, and – by a larger margin – the managed hosting and private cloud market.

“As we’ve learned more about one another,...

By James Bourne, 12 September 2017, 0 comments. Categories: Infrastructure, M&A.

Cloudera and Okta bang drum for cloud IPOs with positive Q2 financial results

As companies make a move for their initial public offering (IPO), the investor page goes up, the bell gets rung on the NYSE, and, perhaps most importantly, their financial results have to be displayed for all to see.

Cloudera and Okta, two companies who declared their intentions to go public within weeks of each other in April, have announced their second quarter 2018 financial results, with both companies beating expectations.

Cloudera, a big data software provider, announced total revenues of $89.8 million...

By James Bourne, 08 September 2017, 0 comments. Categories: Big Data, Data & Analytics, Economy, Infrastructure, M&A.

HPE to acquire Cloud Technology Partners to bolster consulting services

Hewlett Packard Enterprise (HPE) has announced it is to acquire Cloud Technology Partners (CTP) to extend its cloud consulting presence and beef up its hybrid IT capabilities.

Cloud Technology Partners, whose SVPs include renowned thought-leader David Linthicum, have specialisms in a variety of environments, including Amazon Web Services (AWS) – the company announced it had achieved AWS security competency in June – and Google Cloud’s application development specialisation. The company was...

By James Bourne, 05 September 2017, 0 comments. Categories: Hybrid, M&A, Migration.

Microsoft acquires Cycle Computing to bolster high performance computing on Azure

Microsoft has announced the acquisition of Connecticut-based Cycle Computing to help provide easier access to high performance computing (HPC) in Azure.

Cycle has been in business since 2005 and provides orchestration software running both off the primary public cloud providers as well as in private cloud environments. Its core tenet is that ‘greater access to compute enables people to ask bigger questions, faster answers and a better world’, in the company’s own words.

According to the...

By James Bourne, 16 August 2017, 0 comments. Categories: Big Data, Infrastructure, M&A, Microsoft.

Stripe beats Dropbox and Slack to top spot in Forbes Cloud 100 ranking

Payments provider Stripe is the top private cloud computing company today with storage company Dropbox and messaging firm Slack making up the top three, according to the latest Cloud 100 list from Forbes.

Slack, which came top last year, finishes third with Dropbox taking second position for the second consecutive year. DocuSign was ranked at #4, completing a quartet of San Francisco-based...

By James Bourne, 12 July 2017, 0 comments. Categories: Economy, M&A, Research, SaaS , Software.