KKR Acquires Corel, Parallels Apple Mac Software Strategy?

channele2e | July 03, 2019

Private equity firm KKR has acquired Corel and virtualization specialist Parallels for roughly$1 billion, according to TechCrunch. The KKR-Corel deal could foreshadow a more aggressive Corel push into Apple Mac-oriented productivity, collaboration, creative and IT management applications, ChannelE2E believes.KKR plans to invest heavily in Corels existing product lines (WordPerfect, Corel Draw, WinZip, PaintShop Pro) while also making acquisitions, according to a deal memo viewed by TechCrunch.Corel was founded in 1985 and initially gained prominence with Corel Draw, a graphics-related application and eventual suite. The company attempted to compete head-on against Microsoft Office starting in 1996. The strategy involved Corel acquiring WordPerfect and associated business productivity software from Novell. WordPerfect was once the leading word processing platform, but fell to niche status when Office for Windows 95 gained prominence.

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VM Import/Export enables you to import virtual machine (VM) images from your existing virtualization environment to Amazon EC2, and then export them back. This enables you to migrate applications and workloads to Amazon EC2, copy your VM image catalog to Amazon EC2, or create a repository of VM images for backup and disaster recovery.

Spotlight

VM Import/Export enables you to import virtual machine (VM) images from your existing virtualization environment to Amazon EC2, and then export them back. This enables you to migrate applications and workloads to Amazon EC2, copy your VM image catalog to Amazon EC2, or create a repository of VM images for backup and disaster recovery.

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VIRTUAL DESKTOP STRATEGIES

SecureAuth Announces Arculix Universal Authentication Fabric™ to Strengthen Passwordless Continuous Authentication

Arculix | November 21, 2022

SecureAuth, a leader in access management and authentication, today announced its Arculix Universal Authentication Fabric to further strengthen the technology to enable organizations for passwordless continuous authentication. Arculix Universal Authentication Fabric is a technology framework that delivers authentication driven by AI/ML behavioral modeling, continuous risk scoring and eliminates logging in making passwords obsolete. For users, it’s a one-and-done event for accessing their relevant apps, VDI or SSO. For companies, it’s a robust authentication with continuous authentication in the background without any friction to the user. “Historically, a single source to define and administer policy and processes for all users has been absent, Fraud, credential stuffing and attacks will continue to evolve as bad actors thwart existing security approaches. SecureAuth’s Universal Authentication Fabric delivers the first risk-based analytics approach as a consolidated backbone for continuous, multi-factor, and passwordless authentication with the highest level of security as well as a frictionless experience for users.” Paul Trulove, CEO of SecureAuth Between authenticating to the workstation, an SSO portal or federated web apps, VDIs, VPN, and PAM solutions, the typical user authenticates 16 times a day using three different sets of username and password. This is simultaneously insecure and a poor user experience. With Arculix Universal Authentication Fabric, users can login once and securely access the applications needed to do their job. Arculix Universal Authentication Fabric allows users to attain a level of assurance needed to authenticate with its patented behavioral AI/ML risk analytics engine. To ensure there is no account takeover (ATO), it generates a score at the beginning of a user logging in that is used to grant access to web apps, servers and services without requiring another factor check. This removes the need for siloed systems to authenticate users. “SecureAuth’s Arculix Universal Authentication Fabric is the underlying element for the new 360-degree cybersecurity perimeter that every enterprise needs: Continuous, Holistic and Adaptive,” said Alfredo Estirado, CEO of Grupo TRC. “As a key partner of SecureAuth, we are excited to offer this to our customers across various geographies.” Key capabilities include expansion of passwordless features into endpoints, including access to persistent and non-persistent VDIs, in the same passwordless way a user authenticates to a standard machine. This enables a passwordless authentication journey whether in or out of the office. This Universal Authentication Fabric also supports our device trust support for seamless passwordless authentication for transient virtual desktops and physical desktops. About SecureAuth Corporation SecureAuth is a next-gen access management and authentication company that enables secure and passwordless continuous authentication experience for employees, partners and customers. With the only solution that can be deployed in cloud, hybrid and on-premises environments, SecureAuth manages and protects access to applications, systems and data at scale, anywhere in the world.

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SERVER VIRTUALIZATION

New Hedge Fund Managed IT Trends Report Shows Industry Shift in IT Outsourcing and AI-Driven Services

Agio | September 16, 2022

Agio, a leading cybersecurity and managed IT provider for financial services firms, published its inaugural 2022 Hedge Fund Managed IT Trends Report today. The survey, conducted earlier this year, captures the opinions and perceptions of recent, current, and future technology management and information security programs, initiatives, and readiness from 100 hedge fund practitioners across the technology, operations, cybersecurity, and compliance fields. Survey respondents revealed that, coming out of the pandemic, firms are reevaluating their options with respect to in-sourcing versus outsourcing IT management. Looking ahead to the next two years, 89 percent of firms that currently in-source IT management said they are likely to allocate more spend to outsourced services. The driver behind this shift is a need for heightened security (54%), increased access to public cloud management and support expertise (46%), and more responsive end-user support (44%). 89% of firms that in-source IT management today said they plan to allocate more spend to outsourced services. Of those firms already outsourcing IT management, 91 percent said they are likely to switch providers. Among the largest hedge funds that currently outsource (funds with +$5 billion AUM), nearly two-thirds (64%) reported they were likely to change service providers in the next 24 months because their current vendor is unable to support a public cloud environment. In discussing how the managed service provider (MSP) model will change in the coming years, respondents predicted providers will employ artificial intelligence to remove service friction and increase service uptime (47%), as well as to enable support agents to be more responsive when issues do arise (47%). Most firms (51%) also predicted that MSPs will soon be measured and compensated by how well they limit break-fix issues versus how many issues they resolve. "Viewing IT management and security operations through a single lens is essential to our vision of delivering secure, reliable, and resilient information systems, We also agree with survey respondents that MSPs must evolve now or perish. We've made meaningful investments in AI-driven tools that empower our support agents to deliver better client service and improved system availability. That combination of human brilliance and predictive analytics is the future of managed services." Bart McDonough, CEO and Founder of Agio Other topics explored in this year's report include how firms are adjusting to the impact of new regulations; what steps firms are taking to ensure system uptime and information security while supporting a distributed workforce; and how the industry is shifting with respect to managing systems on-prem, in the cloud, and across multiple cloud environments. About Agio Agio is a hybrid cybersecurity and managed IT organization equipping the financial services and healthcare industries with next-generation cyber protection and technology support. Agio has extensive experience building, maintaining, optimizing, and securing IT infrastructure for the world's most prestigious client organizations. With more than 300 employees, our culture prioritizes frequent and timely communication to provide unrivaled, highly personalized service across all our solutions, including managed detection and response, 360° cybersecurity programs, virtual CISO (vCISO) support, technology hosting, monitoring, management, global service desk, desktop as a service, disaster prevention, and recovery. Agio is headquartered in New York, NY, with additional offices around the world.

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VIRTUAL DESKTOP TOOLS

StorMagic SvSAN Validated with HPE ProLiant MicroServer Platform

StorMagic | November 16, 2022

StorMagic, solving the world’s edge data problems, today announced that StorMagic SvSAN has been validated with Hewlett Packard Enterprise (HPE) ProLiant MicroServer Gen10 Plus platform. The combination of HPE’s most compact ProLiant server and StorMagic’s hyperconverged software brings simplicity of management and 100 percent uptime to any application, even in the smallest edge locations. “The HPE ProLiant MicroServer Gen10 Plus server delivers a powerful platform in a tiny form factor that is perfect for customers looking to save space at small sites,” said Maciek Szczesniak, Vice President and General Manager of SMB & Mid-Market at HPE. “StorMagic SvSAN on HPE servers delivers a robust, powerful all-in-one architecture for edge computing environments, with no server rack required. Solutions like this will help us deliver on our SMB strategy to deliver simplified offerings to fuel business growth.” StorMagic SvSAN runs on any hypervisor as a guest virtual machine to enable complete, highly-available shared storage and virtualization with only two MicroServer servers per site. Its shared storage executes active-active synchronous mirroring to create a copy of data on both servers, eliminating downtime. HPE ProLiant MicroServer is easy to install, scale and manage. The solution delivers the reliability demanded by edge computing customers, has low power requirements and provides users with key features like high availability clustering, rolling software upgrades and data security, all in a compact unit. “StorMagic is thrilled to further expand its partnership with HPE through the validation of their most compact ProLiant server ever, Our joint customers will benefit from this footprint reduction at their small sites as well as the 100 percent uptime delivered by SvSAN.” Brian Grainger, president of StorMagic Inc. and CRO, StorMagic StorMagic is an active member of the HPE Complete Partner Program and the HPE Partner Ready for Technology Partner Program. HPE ProLiant MicroServer and HPE Edgeline systems validated with SvSAN are available today from HPE or StorMagic’s global network of reseller partners. About StorMagic StorMagic is solving the world’s edge data problems. We help organizations store, protect and use their data at and from the edge. StorMagic’s Forever Data solutions ensure data is always protected and available, no matter the type or location, to provide value anytime, anywhere. StorMagic’s storage, surveillance and security products are flexible, robust, easy to use and cost-effective, without sacrificing enterprise-class features, for organizations with one to thousands of sites.

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