Softbank Group Corp.-backed Cohesity Inc. today boldly announced its intent to acquire the Veritas Technologies LLC‘s data protection business for $3 billion. The purchase will be funded one-third with equity, and the other two-thirds will be debt-financed through Haveli Investments, Premji Invest and Madrona Venture Group.
Digital infrastructure company Equinix Inc. recently launched a private cloud service that allows organizations to manage their own Nvidia Corp. DGX supercomputing infrastructure for building custom generative artificial intelligence models.
As usual, Cisco Systems Inc.‘s annual user conference, Cisco Live EMEA in Amsterdam, serves as a platform for the networking giant to release the latest innovations across many of its product lines. Although this event is considerably smaller than the U.S. Cisco Live, it’s important for the company as Europe, the Middle East and Africa is a highly diverse region spread out across 120 countries.
If the definition of insanity is doing the same thing repeatedly and expecting a different result, it might be time to stop trying to get servers to do something they’re not designed to do. Servers are effective at many things but were never designed for the rigors of software-defined networking, storage and security.
The partnership between Hitachi Ltd. and Cisco Systems Inc. goes back a couple of decades. Last year, the two firms announced a strategic partnership agreement. Yesterday they deepened the deal to include a new hybrid cloud services suite focusing on enterprise data management.