UK clears $8.1B merger between NortonLifeLock and Avast
The U.K.'s Competition and Markets Authority (CMA) has formally cleared the proposed $8.1 billion merger between cybersecurity giants NortonLifeLock and Avast, a month after provisionally greenlighting the deal.
The merger has been hanging in the balance since plans were first revealed last Aug
Why software stocks got hammered today
We’re nearly at the stopping point ahead of a long weekend here in the United States, but that doesn’t mean that the tech market has given up on making news. And the news is not good.
In the wake of Snap’s layoffs and startup staff-cutting galore, you are likely not surprised tha
Fairmarkit’s AI-fueled platform delivers autonomous procurement sourcing
Companies tend to divide their procurement spending into two main buckets. The first is large purchases over $500,000 with some starting $1 million, depending on the size of the organization. Anything below that figure falls under a category known as “tail spend.” Boston-based startup Fairmarki
Slack gains new automation features, including conditional logic for workflows
In a bid to remain competitive among the growing number of workplace chat apps out there, Slack today announced the launch of new automation features designed to make workflows more shareable and discoverable. An expansion of the Workflow Builder tool Slack launched in 2019, the new capabilities al
Learnsoft bags first external financing to expand its corporate upskilling platform
"speakable-summary" style="font-weight: 400;">In the corporate sector, upskilling (teaching employees additional skills) and reskilling (training employees on an entirely different set of skills in preparation for a new role) are being prioritized across whole organizations, with much of the interes
Firewalla launches the Gold Plus, its new 2.5 gigabit firewall
Firewalla, maybe the only company that can say that its hardware firewalls have something of a cult following, today announced the latest addition to its portfolio: the $569 Firewalla Gold Plus. The Gold Plus will feature four 2.5 gigabit Ethernet interfaces and its deep packet inspection hardware
Zilla Security automates identity access and governance across an organization
Identity is a big part of any security strategy, helping control access to applications and services across a company. Sometimes that involves a person, and sometimes a machine, adding to the complexity and requiring a more automated approach to identity management. Zilla Security, a Boston-based s
How Box is balancing growth and profit as it nears $1B ARR
Box reported fiscal Q2 2023 revenue of $246 million last week, up 15% from its year-ago result. While that pace was down slightly from the 18% growth Box posted in its prior quarter, the rate of expansion appears to be what the company fancies in terms of growth moving forward.
That $246 million fi
Key issues you should consider before signing an international merger deal
Despite the war in Ukraine, accelerating inflation and increasing interest rates, the technology sector has still seen M&A happening in the United States. In the first half of 2022, large tech M&A transactions included Microsoft acquiring Activision Blizzard for $69 billion, Google buying M
Tarci secures capital for AI designed to spot SMB sales leads
While small- and medium-sized (SMBs) businesses are the bulwark of the economy, driving up to 44% of activity in the U.S. alone, it can be hard for sales teams to get an accurate picture of them. That’s because they’re often too small for data providers to monitor and — more often
Meta lets advertisers in India pay for their ad campaigns in ‘no-cost’ monthly installments
Meta has introduced a feature to let its advertisers in India pay for their advertising campaigns in “no-cost” monthly installments for over three months — a move to help the social networking giant expand its advertising business in the South Asian country.
Announced at its annual bu
Astro emerges from stealth to connect Latin American developers with US tech companies
Astro, a startup helping companies to build and manage developer teams with talent from Latin America, today exited from stealth with $13 million in Series A funding contributed by Greycroft with participation by Obvious Ventures and other unnamed investors. In an interview with technewss, CEO Jac
OpenText pushes acquisitive approach to growth with $6B Micro Focus deal
You see a lot of acquisitions come down the pike when you cover enterprise software. Many are pedestrian for the most part, even if they involve large sums of money, but today's news that OpenText is buying Micro Focus for a total value of $6 billion feels a bit different.
Micro Focus, a Britis
Supply chain startup FourKites, which recently laid off workers, raises $30M
Weeks after laying off workers, supply chain startup FourKites has raised $30 million as part of an ongoing financing round, according to documents filed with the U.S. Securities and Exchange Commission. The filing indicates that FourKites hopes to close the round with $80 million in capital, a sub