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

Xconomy

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.

IBM 100
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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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Microsoft Venture Fund Aims to Harness Early Stage Innovation

Xconomy

The name of the fund—which will back startups focused on cloud computing, machine learning, and security, with an emphasis on technology that complements Microsoft’s own products and services—is Microsoft Ventures. Microsoft aims to get in front of technology trends earlier with the new investment vehicle.

Funding 62
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Living on the Edge: Amazon, AT&T, Packet Pursue “Cloudlet” Computing

Xconomy

The word “cloud”—as in cloud computing, and cloud storage—has served as a handy shorthand term, but it has always been inherently vague and a little misleading.

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Walmart, Microsoft Deepen Partnership as Both Grapple With Amazon

Xconomy

The enemy of my enemy is my friend—even in the retail and cloud computing businesses.

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

Xconomy

2018 was a year of ups and downs for the business and technology community. 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.

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Arterys, GE Healthcare to Roll Out Next-Gen MRI Scans of Heart

Xconomy

GE Healthcare, a unit of Boston-based industrial giant General Electric , recognized some limits on MRI scanners like its own, and started collaborating with Stanford University physicians more than five years ago on next-generation MRI technology to better diagnose people with heart disease. We see this as the first of many.”.