Tag Archives: finance

It’s Official: Dell and EMC Merger to Close Next Week

Dell and EMC announced plans to close the $67 billion merger between the two companies – the biggest merger between technology companies in history – on Wednesday, September 7. Continue reading

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Rackspace Finally Gets Acquired, and It’s a Decent Deal

Now that the long-envisioned deal has finally been sealed, is it one that shareholders can be happy about? Continue reading

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In Going Private, Rackspace Will Do Things Not Possible as Public Company, CTO Says

According to Rackspace CTO John Engates, Apollo sees a huge opportunity in the investments Rackspace has already made in cloud services. Continue reading

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Rackspace Reaches $4.3 Billion Deal to Go Private

Rackspace (RAX) shares are up 4 percent on Friday upon news of the deal, which is expected to close in Q4 2016. Continue reading

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Encryption Provider Virtru Raises $29M in Series A to Extend Global Reach

Enterprise encryption and data protection provider Virtru announced Monday that it has raised $29 million in a Series A funding round led by Bessemer Venture Partners (BVP). Continue reading

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