Tag Archives: finance

Intel Buys AI Startup Nervana to Bolster Data Center Unit

Intel Corp., which makes chips that run more than 90 percent of the world’s servers, said it’s buying startup Nervana Systems to add software. Continue reading

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Google Acquires Cloud Commerce Startup Orbitera

Alphabet has acquired cloud commerce startup Orbitera on Monday, a platform that makes it easy for businesses to buy and sell software from multiple vendors in the cloud. Continue reading

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As Rackspace Mulls Private Equity, We Ask: Why Do Public Companies Go Private?

Tech IPOs have been rough this year, but for a company that’s already public, what are some of the reasons that it may consider going private? Continue reading

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Rackspace in Acquisition Talks with Private Equity Firm: Report

News that Rackspace could be sold to a private equity firm this week from the Wall Street Journal has pushed its shares up to 16.91 percent to $31.03 in after hours trading on Thursday. Continue reading

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Magento Commerce Feeds Data-Hungry Merchants with Acquisition of RJMetrics

Magento Commerce merchants will be able to optimize their commerce business based on actionable data and insights. Continue reading

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