Exit – Page 6 – Fusion Nepal

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While tech waffles on going public, biotech IPOs boom

sudshr47 July 21, 2018 Startups

With our fixation on all things tech, we’re missing out on the big picture — there are actually more biotech and healthcare startup IPOs than tech offerings.

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Public shareholders got high today on Tilray, the first marijuana company to IPO on Nasdaq

sudshr47 July 20, 2018 Startups

Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares at $17 apiece and watched them soar, closing at $22.39, a jump of slightly more than 32 percent. The […]

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Okta nabs ScaleFT to build out ‘Zero Trust’ security framework

sudshr47 July 18, 2018 Startups

Okta, the cloud identity management company, announced today it has purchased a startup called ScaleFT to bring the Zero Trust concept to the Okta platform. Terms of the deal were not disclosed. While Zero Trust isn’t exactly new to a cloud identity management company like Okta, acquiring ScaleFT gives them a solid cloud-based Zero Trust […]

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Box acquires Butter.ai to make search smarter

sudshr47 July 10, 2018 Startups

Box announced today that it has acquired Butter.ai, a startup that helps customers search for content intelligently in the cloud. The terms of the deal were not disclosed, but the Butter.AI team will be joining Box. Butter.AI was started by two ex-Evernote employees, Jack Hirsch and Adam Walz. The company was partly funded by Evernote […]

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Tableau gets AI shot in the arm with Empirical Systems acquisition

sudshr47 June 13, 2018 Startups

When Tableau was founded back in 2003, not many people were thinking about artificial intelligence to drive analytics and visualization, but over the years the world has changed and the company recognized that it needed talent to keep up with new trends. Today, it announced it was acquiring Empirical Systems, an early stage startup with […]

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Splunk nabs on-call management startup VictorOps for $120 M

sudshr47 June 11, 2018 Startups

In a DevOps world, the operations part of the equation needs to be on call to deal with issues as they come up 24/7. We used to use pagers. Today’s solutions like PagerDuty and VictorOps have been created to place this kind of requirement in a modern digital context. Today, Splunk bought VictorOps for $120 […]

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Workday acquires Rallyteam to fuel machine learning efforts

sudshr47 June 8, 2018 Startups

Sometimes you acquire a company for the assets and sometimes you do it for the talent. Today Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees […]

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Microsoft promises to keep GitHub independent and open

sudshr47 June 4, 2018 Startups

Microsoft today announced its plans to acquire GitHub for $7.5 billion in stock. Unsurprisingly, that sent a few shock waves through the developer community, which still often eyes Microsoft with considerable unease. During a conference call this morning, Microsoft CEO Satya Nadella, incoming GitHub CEO (and Xamarin founder) Nat Friedman and GitHub co-founder and outgoing […]

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Microsoft has acquired GitHub for $7.5B in stock

sudshr47 June 4, 2018 Startups

After a week of rumors, Microsoft today confirmed that it has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. GitHub raised $350 million and we know that the company was valued at about $2 billion in 2015. Former Xamarin CEO Nat Friedman (and now […]

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Airbnb CEO said company will ‘be ready to IPO next year’ but might not

sudshr47 May 30, 2018 Startups

Airbnb brings in billions of dollars of revenue annually and is profitable on an EBITDA basis, so many wonder if and when the home-sharing company will go public. At the Code Conference today, Airbnb CEO Brian Chesky said the company will “be ready to IPO next year, but I don’t know if we will.” He […]

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Rackspace acquires Salesforce specialist RelationEdge

sudshr47 May 17, 2018 Startups

Rackspace today announced that it has acquired RelationEdge, a Salesforce implementation partner and digital agency. The companies did not disclose the financial details of the acquisition. At first, this may sound like an odd acquisition. Rackspace is still best known for its hosting and managed cloud and infrastructure services, after all, and RelationEdge is all […]

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Google to acquire cloud migration startup Velostrata

sudshr47 May 9, 2018 Startups

Google announced today it was going to acquire Israeli cloud migration startup, Velostrata. The companies did not share the purchase price. Velostrata helps companies migrate from on-premises datacenters to the cloud, a common requirement today as companies try to shift more workloads to the cloud. It’s not always a simple matter though to transfer those […]