Here are today’s top stories. Reading tech news is an important way for IT leaders and professionals, developers, designers to keep up to date. The CIO Influence Team compiles a weekly digest covering DevOps culture, emerging technology trends, open-source cloud and even a roundup of IT-related mishaps.
Semtech Corporation Completes Acquisition of Sierra Wireless
Semtech Corporation and Sierra Wireless, Inc. announced the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion. This transaction nearly doubles Semtech’s annual revenue and adds approximately US$100 million of high-margin IoT Cloud services recurring revenues.
Vercel and Sitecore Announce Strategic Partnership to Empower Brands to Create and Deliver Unparalleled Digital Experiences
Vercel, the cloud platform for frontend developers, together with Sitecore, a global leader in end-to-end digital experience, announce their strategic partnership in response to the growing needs of brands for a more composable architecture.
Hewlett Packard Enterprise Acquires Pachyderm to Expand AI-at-Scale Capabilities with Reproducible AI
Hewlett Packard Enterprise announced an expansion to its AI-at-scale offerings with the acquisition of Pachyderm, a startup that delivers software, based on open-source technology, to automate reproducible machine learning pipelines that target large-scale AI applications.
Radware Launches New Cloud Security Centers in Australia, Canada and New Zealand
Radware, a leading provider of cyber security and application delivery solutions, announced the launch of new cloud security centers in Melbourne, Australia, Toronto, Canada, and Auckland, New Zealand. The facilities will reduce traffic latency as well as increase service redundancy and mitigation capacity to help customers defend against denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs.
Cradlepoint Announces NetCloud Private Networks Offering Private Cellular Performance and Enterprise IT Simplicity
Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network solutions, launched NetCloud Private Networks. As an end-to-end private cellular network solution, NetCloud Private Networks leverages existing network infrastructure investments and simplifies the complexities of private cellular network ownership that have hindered broader enterprise adoption.