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Dell Technologies Goes Public About $100M Venture Capital Arm

Xconomy

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Cloud Leaders Shrug at IBM’s $34B Red Hat Deal

Xconomy

In some ways, the biggest software acquisition of all time could be a yawner. IBM’s planned $34 billion deal to acquire open-source software maker Red Hat is a hefty price to pay to give its cloud computing business a shot in the arm.

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Microsoft Venture Fund Aims to Harness Early Stage Innovation

Xconomy

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes. Microsoft Ventures now fills a gap we’ve had somewhere in the middle of that range.”.

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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

Mythic , which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank.

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From Alnylam to Zayner: Xconomy’s Top Innovation Stories of 2018

Xconomy

It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. 2018 was a year of ups and downs for the business and technology community.