IBM on Tuesday announced that it has acquired Kubecost, a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten, and GitLab monitor and optimize their Kubernetes clusters with a focus on efficiency and, ultimately, cost. Tuesday’s announcement follows IBM’s $ 4.3 billion acquisition of Apptio in 2023, another company in the FinOps space. […]
Confluent acquires streaming data startup WarpStream
Streaming data and Kafka specialist Confluent on Monday announced that it has acquired WarpStream, a Kafka-compatible streaming data solution. Confluent plans to use WarpStream’s cloud-native solution to fill out its portfolio by offering a new service (Confluent WarpStream) that can sit in between its fully managed Confluent Cloud and self-managed Confluent Platform. As Confluent co-founder […]
Salesforce acquires data management firm Own for $1.9B in cash
Salesforce has acquired Own Company, a New Jersey-based provider of data management and protection solutions, for $ 1.9 billion in cash. Own is Salesforce’s biggest deal since buying Slack for $ 27.7 billion in 2021. The company reportedly considered — but ultimately decided against — purchasing data management software firm Informatica earlier this year. In […]
Verizon bets on fiber’s staying power as it acquires Frontier for $20B
Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $ 20 billion — more than double Frontier’s market cap at the close of trading the night before. […]
Atlassian acquires Rewatch as it gets into AI meeting bots
Atlassian on Thursday announced that it has acquired Rewatch, an AI-powered meeting notetaker, screen recording tool and video hub. The company plans to integrate Rewatch into Loom, the asynchronous video messaging platform it acquired for $ 975 million last October. But maybe even more importantly, it also plans to integrate it into its recently launched […]