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.

CloudHealth Technologies secures $46 million series D funding with IPO on the horizon

CloudHealth Technologies, a Boston-based cloud service management provider, has announced a $46 million (£35.8m) series D funding round with the company all set to go public.

The funding round was led by Kleiner Perkins, with participation from Meritech Capital Partners, and existing investors .406 Ventures, Sapphire Ventures, and Scale Venture Partners, taking overall funding to $86m across four rounds.

The company provides a platform that sits on top of other cloud tools, enabling organisations to...

By James Bourne, 28 June 2017, 0 comments. Categories: Economy, M&A, Monitoring, Software.

Rackspace confirms close of TriCore Solutions acquisition

Rackspace has confirmed it has completed the acquisition of TriCore Solutions, a managed application and infrastructure provider.

The move was first announced in May, at a similar time to the San Antonio-based managed cloud provider announcing Joe Eazor, formerly of EarthLink, as the company’s new CEO. Mark Clayman, CEO of TriCore, will head up the newly created enterprise applications division at Rackspace, reporting...

By James Bourne, 20 June 2017, 0 comments. Categories: Infrastructure, M&A.

Telstra acquires Company85 while Canberra gets AWS Direct Connect

(c)iStock.com/MarkRubens

A couple of updates in the Australian data space this morning; Telstra has announced it has acquired Company85, a UK-based provider of data centre, cloud and network services, while Amazon Web Services (AWS) is launching a new service in Canberra through NEXTDC.

Telstra, primarily a telecoms firm, is looking at Company85 to expand its position in the UK, seeing it as ‘a key market’ for their growing technology services business, as well as help their push towards Europe....

By James Bourne, 05 June 2017, 0 comments. Categories: Amazon, Data Centres, Infrastructure, M&A.

Rackspace names new CEO and acquires TriCore Solutions for biggest buy in company’s history

To say it has been a busy week at Rackspace would be something of an understatement. The company has announced the appointment of Joe Eazor as its new chief executive while also unveiling the acquisition of enterprise app management provider TriCore Solutions.

Eazor joins Rackspace having previously headed up EarthLink. The company had specialised in dial-up internet but moved into the 21st century with the addition of a cloud and networking portfolio, a shift with which Eazor is credited, culminating in a...

By James Bourne, 26 May 2017, 0 comments. Categories: Infrastructure, M&A.

Verizon sells cloud services to IBM in ‘unique cooperation between two tech leaders’

Verizon has announced it is selling its cloud and managed hosting service to IBM, alongside working with the Armonk giant on a ‘number of strategic initiatives involving networking and cloud services’.

“This is a unique cooperation between two tech leaders to support global organisations as they look to fully realise the benefits of their cloud computing investments,” said George Fischer, SVP and group president of Verizon Enterprise Solutions (VES)

By James Bourne, 03 May 2017, 0 comments. Categories: Infrastructure, M&A, Vendors.

Cisco acquires Viptela in $610m deal for souped-up SD-WAN goodness

Cisco has announced its intent to acquire Viptela, a provider of software-defined wide area network (SD-WAN) technology, for $610 million (£471.9m).

The acquisition will give Cisco more beef in terms of network deployments in an increasingly cloud app-heavy, Internet of Things (IoT)-connected technological landscape. The networking giant aims to combine Viptela’s cloud-first network management, orchestration and overlay technologies with its own routing platforms and services, with Cisco...

By James Bourne, 02 May 2017, 0 comments. Categories: M&A, Platform, Software, Virtualisation.

SoftBank leads $16.5m funding round for Dome9 Security

Dome9 Security, an Israeli cloud infrastructure provider, has announced the close of $16.5 million (£12.8m) in series C funding led by Japanese tech giant SoftBank.

Alongside the funding, SoftBank will also be the leading distributor of the Dome9 Arc cloud infrastructure security platform in the Japanese market.

Dome9, which was founded in 2010, aims to provide verifiable infrastructure security for every public cloud, including the primary suspects of Amazon Web Services (AWS), Microsoft Azure and...

By James Bourne, 19 April 2017, 0 comments. Categories: M&A, Public, Security.

Cloudera sets IPO price at $12 to $14 a share, eyes near $2bn valuation

Cloud tech IPOs seem to be like buses; you wait ages for one, then two come along at once. After Okta went public earlier this month, Cloudera, a data management platform provider, said it expects its initial public offering price to be between $12 and $14 per share for 15 million shares.

The company expects 128,064,103 shares to be outstanding after its initial offering, putting its valuation at approximately $1.8 billion, and between $2.2bn and $2.4bn including...

By James Bourne, 18 April 2017, 0 comments. Categories: Big Data, Data Management, Infrastructure, M&A.

Okta rings the bell on IPO as shares soar

The cloud tech IPO landscape has arguably stalled in recent years with the M&A landscape heating up alongside it – but one company looking to buck that trend is identity and management provider Okta, who officially rang the bell today after going public last month.

According to CNBC, the company’s shares went up 37% in the aftermath of its public debut, trading at around $23.

“We’re proud that today is Okta’s first day...

By James Bourne, 07 April 2017, 0 comments. Categories: M&A, SaaS , Software.

VMware to sell vCloud Air to OVH for ‘next step’ in evolution

VMware has announced it is to sell its cloud offering based on the software-driven data centre (SDDC), vCloud Air, to French cloud computing provider OVH in what was described as ‘the next step in vCloud Air’s evolution’.

OVH, with more than one million customers and 260,000 servers deployed, is a long-time VMware partner. The company was cited by analyst firm Cloud Spectator in February as the second-best infrastructure as a...

By James Bourne, 06 April 2017, 0 comments. Categories: Data Centres, Infrastructure, M&A, Software, VMware.