Maria Deutscher
Latest from Maria Deutscher
RPA provider Kofax to shell out $400M for Nuance’s document imaging business
Kofax Inc., a major player in the fast-growing robotic process automation market, today announced its first acquisition since moving under the wing of the private-equity firm Thoma Bravo LLC last year. Kofax has inked a $400 million deal to buy the document imaging business of Nuance Communications Inc., a Burlington, Massachusetts-based enterprise software provider. The ...
Cloud wars: Beating out Amazon Web Services, Microsoft lands 5-year deal with Gap
Microsoft Corp. today announced that it has struck a five-year cloud computing deal with The Gap Inc. that will see the apparel giant shift much of its operations to Azure. Gap, which generated $15.9 billion in sales last year, is the latest traditional retailer to choose Azure over Amazon Web Services, the industry’s biggest cloud platform ...
After $390M Apple investment, iPhone laser supplier Finisar acquired for $3.2B
More changes are happening in Apple Inc.’s supply chain. Finisar Corp., an iPhone supplier that makes lasers optimized for tasks such as facial recognition, is set to be acquired by another optical components producer called II-VI Inc. as part of a deal announced today. Publicly-traded II-VI is paying about $3.2 billion for the company, or ...
Daimler and Bosch to launch self-driving taxi service in San Jose next year
Mercedes-Benz parent company Daimler AG and Robert Bosch GmbH, one of the world’s largest auto parts makers, are joining the race to build self-driving taxis. The firms today announced that they’ve signed a memorandum of understanding to launch a ride-hailing service powered by autonomous vehicles in the second half of 2019. The program will operate ...
Amid shift to 5G, telecom equipment maker CommScope to acquire Arris for $7.4B
Carriers have only recently started upgrading their networks to 5G, but the shift is already driving significant changes in the market. CommScope Holding Co., a major provider of telecommunications equipment, today announced plans to acquire another prominent supplier called Arris International PLC for $7.4 billion including debt. The price tag breaks down to $31.75 per share. ...
Cisco teams up with AWS for joint hybrid cloud solution powered by Kubernetes
Cisco Systems Inc. has joined with Amazon Web Services Inc. to build a platform aimed at making it easier for enterprises to manage their on-premise and cloud-based software container environments. Containers have become a popular means of deploying applications over recent years thanks to their flexibility. The technology bundles workloads into a lightweight, portable package ...
Microsoft gives Word a boost with new interactive, AI-enabled placeholders
Drafting business documents is a piecemeal process that sees text filled in and refined over a period of time, often with input from multiple users. Microsoft Corp. is looking to streamline the workflow with a set of new productivity features for Word that it unveiled today. At the core of the update is a capability for ...
Apple reportedly taking Qualcomm dispute to trial after chipmaker suffers legal blow
Apple Inc. reportedly is preparing for a court battle with Qualcomm Inc. over their $7 billion patent royalties dispute, despite the chipmaker’s chief executive saying in April that he was anticipating a settlement by year’s end. A source told Reuters today that there is “absolutely no meaningful discussion” between the companies about a settlement. This may suggest there was a ...
AMD’s stock jumps after deal with AWS and new 7-nanometer data center chips
Shares of Advanced Micro Devices Inc. rose up nearly 4 percent today after news emerged that Amazon Web Services Inc. is using the company’s silicon to power its latest cloud instances. The chipmaker also unveiled what are hailed as the world’s first data center processors and graphics cards to feature a leading-edge 7-nanometer architecture. New ...
Google rolls out Cloud Scheduler, a new managed IT automation service
Google LLC today launched Cloud Scheduler, a new automation service for its public cloud that enables companies to run maintenance tasks and other technical operations at predetermined intervals. Cloud Scheduler is a managed implementation of Cron, a ubiquitous open-source tool used in most of everything from databases to WordPress sites. It’s designed to fulfill a narrow but essential ...
