VMware | May 23, 2022
Broadcom Inc. is in talks to acquire VMware Inc., the cloud-computing company backed by billionaire Michael Dell, according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software.
The discussions are ongoing and there’s no guarantee they will lead to a purchase, said the people, who asked not to be identified because the matter isn’t public. VMware currently has a market valuation of about $40 billion. Assuming a typical premium, the potential deal price would be higher, though the terms under consideration couldn’t be learned.
Shares in VMware rose 15% in premarket trading on Monday, which would give the company a market value of about $46 billion. Broadcom, which has a valuation of about $222 billion, fell 2.4%.
The transaction would extend a run of acquisitions for Broadcom Chief Executive Officer Hock Tan, who has built one of the largest and most diversified companies in the chip industry. Software has been a key focus in recent years, with Broadcom buying CA Technologies in 2018 and Symantec Corp.’s enterprise security business in 2019.
A representative for VMware declined to comment. A representative for Broadcom wasn’t available for comment.
“Investors have been increasingly focused on Broadcom’s appetite for another strategic or platform enterprise software acquisition—especially given the recent compression in software valuation, “ Wells Fargo analysts wrote after Bloomberg News’s report. “An acquisition of VMware would be considered as making strategic sense; consistent with Broadcom’s focus on building out a deepening enterprise infrastructure software strategy.”
Broadcom makes a wide range of electronics, with its products going into everything from the iPhone to industrial equipment. But data centers have become a critical source of growth, and bulking up on software gives the company more ways to target that market.
Broadcom was previously in talks to acquire SAS Institute Inc., a closely held software company valued at $15 billion to $20 billion. But those discussions ended last year without a deal.
BlastWave | December 17, 2021
BlastWave, a developer of software-defined perimeter (SDP) solutions that protect networks from inadvertent and intentional threats, announced that A2i systems selected its BlastShield solution to protect A2i's internal network and remote customer access.
BlastShield is the first all-in-one SDP patented solution that combines infrastructure cloaking and passwordless multi-factor authentication (MFA) for identity-based secure remote network access for organizations that've adopted a zero-trust security model. BlastShield enables organizations to hide on-premise and cloud workloads from outsiders and insider threats, concealing an organization's infrastructure from cyberattacks through software-defined microsegmentation without modifications to existing network fabric and hardware.
BlastWave's novel approach solves the three most critical steps in the cyber kill chain for an attacker: (1) account takeover; (2) lateral movement; and (3) remote access compromise. In addition, BlastShield helps prevent and isolate attacks mitigating the spread of malware, reducing the blast radius. BlastShield also enables cloud-native app development by securing microservices, containers and Kubernetes clusters.
A2i Systems provides the first secure pricing optimization solution in the retail fuel industry through their flagship product, PriceCast Fuel. A2i Systems utilizes customer-centric AI by detecting behavioral patterns in Big Data and dynamically mapping customer and competitor behaviors to identify the optimal price for consumers throughout the day. As a result, A2i can now help customers price strategically instead of tactically through their cloud-hosted services that move them on to the most advanced fuel price management system currently available.
In the wake of recent supply chain attacks, we recognized that VPN-based solutions simply cannot provide the level of protection we require for our critical data and remote access. The security of our data and our customers' data is our highest priority and we needed a secure platform to provide access to our hybrid data services, hosted both in the cloud and on-premise. BlastShield filled both these needs for us with their patented solution."
Emil Erlandsson, Vice President of Professional Services at A2i
After a comprehensive proof of concept (PoC) using BlastShield's Free Starter Package solution, A2i selected BlastShield and began deploying BlastShield's Invisible peer-to-peer software-defined perimeter solution for initially for internal use for secure remote access. "We're excited to partner with A2i systems on this project," says Tom Sego, CEO BlastWave. "By combining A2i's revolutionary AI-based fuel pricing solution with BlastWave's patented invisible SDP, A2i customers will enjoy the benefits of state-of-the-art pricing optimization while mitigating the risk of supply chain attacks."
Founded by former executives and technologists from Apple and Cisco, BlastWave is taking a fundamentally different approach to security aimed at protecting privacy and connected devices from cyberattacks. BlastWave's patented product, BlastShield, is an all-in-one-zero trust stack that combines state-of-the-art passwordless multi-factor authentication with high-performance, resilient encrypted connectivity and built-in microsegmentation. In addition to protecting servers and IoT devices, BlastShield also secures containers that are orchestrated with Kubernetes, enabling more agile and efficient cloud-native application development. BlastWave is backed by Rocket Strategies, Lucas Venture Group, and Millennium Investments. The company is headquartered in Palo Alto, California.
Headquartered in Copenhagen, Denmark, A2i uses ground-breaking Artificial Intelligence (AI) technology to make advancements in ways to interact with your customers at the forecourt. We are giving you the opportunity to transform your business and be ready for the next phase of Fuel Retail. Our product, PriceCast Fuel (PCF) is the world's first industry-specific retail fuel pricing, management and optimization solution developed by A2i. By combining state-of-the-art AI and Machine Learning with Big Data, PCF brings dynamic, predictive consumer-behavior-based pricing to the retail fuel industry providing a fully automated pricing decision system capable of achieving location-specific objectives optimally within any given corporate constraints. By applying self-learning capabilities, PCF continuously assures the highest accuracy prediction in an ever-changing market.
VIRTUAL DESKTOP TOOLS
Flexxible I | June 18, 2022
Flexxible IT, the global leader of Desktop as a Service (DaaS) delivery and services, and xFusion Europe, a global provider of computing power infrastructure and services, are announcing today a strategic alliance in the European market. Flexxible IT and xFusion can deliver a fully redundant hardware-based hybrid workspace environment built on any end-user compute (EUC) vendor that includes an all-inclusive, pay monthly, fully managed hybrid infrastructure solution.
Flexxible IT combines its deep technical expertise, global industry knowledge, and best-in-class technology to deliver comprehensive and differentiated hybrid solutions. Partnering with xFusion furthers and supports Flexxible IT's focus on providing hybrid workspace solutions based on xFusion's hardware offering a fast, simple way to deploy, analyze, automate, monitor, and manage hybrid workspaces in a multi-cloud scenario.
"Flexxible IT has been a leader in the DaaS space since 2008, and we are excited to partner with xFusion to enable this use case further," said Sebastian Prat, CEO, and Founder of Flexxible IT. "Our strategic relationship presents a cost-effective hybrid workspace solution to the market to enable customers to work from anywhere, with the best end-user experience and security."
"At xFusion, we strive to enable any digital transformation use case with our industry-leading compute and services, Combining xFusion's first-class hardware and Flexxible IT's outstanding technology stack and superb experience, we provide an affordable hybrid workspace solution perfect for any enterprise's end-user compute requirements."
Qin Feng, CEO of xFusion
About Flexxible IT
Flexxible IT is the future of hybrid working, where on-premises and cloud computing converge to enable virtual desktops and applications to run from anywhere. Flexxible IT has more than 700,000 managed users and is the leading DaaS Solution in Spain. For more information, visit www.flexxible.com.
xFusion is a leading global provider of computing power infrastructure and services. xFusion serves customers in 130 countries and regions, including 211 Fortune 500 companies, covering finance, carriers, Internet, transportation, and energy industries.
VIRTUAL SERVER MANAGEMENT
Netcracker Technology | February 02, 2022
Netcracker Technology announced that T–Mobile has extended its BSS and managed services partnership for its wholesale business, which includes the MVNO and IoT markets. Netcracker Digital BSS, including Netcracker Partner Management, and Netcracker Managed Services will help T-Mobile continue leveraging best-in-class capabilities for revenue management while optimizing a range of operations, such as reduced bill run times and improved billing accuracy.
The complete BSS suite will allow T-Mobile to enhance customer experience across all channels. In addition, Netcracker will provide a comprehensive set of services, such as Agile and DevOps methodologies for development, configuration and delivery.
Netcracker Digital BSS serves as T-Mobile’s billing platform for its wholesale line of business and is used to deliver the best possible offerings and customer experience across its growing subscriber base.
“We are pleased to renew our partnership with Netcracker to help us realize current and future goals for our wholesale operations, including our industry-leading MVNO business as well as our IoT business, along with seamless operations and onboarding,” said Dan Thygesen, SVP and GM, Wholesale at T-Mobile.
We are extremely proud to be the strategic partner of an industry trailblazer like T-Mobile, which continues to lead the increasingly competitive North American IoT, MVNO and wholesale markets with best-in-class technologies and differentiated service offerings for enterprise customers, partners and consumers. Our innovative and cutting-edge products and services provide T-Mobile with the tools to transform customer experience and support their business for future technologies.”
Frank DeTraglia, Chief Customer Officer at Netcracker
About Netcracker Technology
Netcracker Technology, a wholly owned subsidiary of NEC Corporation, offers mission-critical digital transformation solutions to service providers around the globe. Our comprehensive portfolio of software solutions and professional services enables large-scale digital transformations, unlocking the opportunities of the cloud, virtualization and the changing mobile ecosystem. With an unbroken service delivery track record of more than 25 years, our unique combination of technology, people and expertise helps companies transform their networks and enable better experiences for their customers.