Billion-Dollar Deal?
Hugging Face, the well-known platform for AI models, could reportedly be nearing a sale. According to media reports, the company is being discussed at a valuation of more than $13 billion.
Strategic Shift
Porsche is selling its consulting subsidiary MHP in full to Indian IT services provider Tata Consultancy Services. The deal is intended to help Porsche sharpen its focus on its core business.
Real User Monitoring
Palo Alto Networks has announced plans to acquire observability provider Embrace. The deal will expand the company’s platform with Real User Monitoring capabilities.
Acquisition Without Customers
Schwarz Digits has agreed to sell the intellectual property of XM Cyber, including more than 45 patents and its proprietary source code, to CrowdStrike.
Deal Blocked
The Dutch government has blocked the planned acquisition of cloud service provider Solvinity by U.S. technology company Kyndryl.
Move in the storage market
It’s a strategic move in the storage market, but the acquisition of Arcastream’s Parallel File System business is set to revolutionize storage strategy – the deal also raises questions.
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