All articles by Shivam Mishra
Shivam Mishra
Data tech startup Cribl raises $319m at $3.5bn valuation
Google Ventures led the round, which also saw contributions from GIC, CapitalG, IVP, and CRV.
Summit and Vista considering sale of Trintech
Trintech, which provides software for the financial services sector, could be valued at approximately $2bn, including debt.
IBM to close R&D team in China, impacting some 1,000 employees
This move comes amid escalating geopolitical tensions between the US and China.
Qualcomm agrees to acquire 4G IoT technology from Sequans
The acquisition includes certain employees, assets, and licenses, although financial terms have not been disclosed.
Indian IT major Infosys looking to acquire firms in data analytics and SaaS
This follows the company’s acquisition of InSemi Technology Services in January and the purchase of in-tech.
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Chinese entities use cloud services to access restricted US AI chips
This method of access does not violate US regulations, as it does not involve the direct export or transfer of the technology.
Wipro to lead cloud project for John Lewis Partnership
The Indian IT major will be responsible for modernising the UK retailer’s IT infrastructure.
Mubadala invests in Yondr to support global hyperscale data centre growth
Yondr intends to leverage the investment from Mubadala to fund its growth strategy.
Thales and India’s LTTS new software licensing deal
The tie-up will bring Thales Sentinel software monetisation platform to LTTS’s customer base.
TSMC breaks ground on $11.1bn German chip plant
The announcement follows the European Commission’s approval of a €5bn German measure to support the project under EU State aid rules.