Geek-Guy.com

Tag: acquisition

Nvidia’s SchedMD acquisition puts open-source AI scheduling under scrutiny

Nvidia’s recent acquisition of SchedMD, the company behind the Slurm workload manager, is raising concerns among AI industry executives and supercomputing specialists who fear the chip giant could use its new position to favour its own hardware over competing chips, whether through code prioritization or roadmap decisions. The concern, as industry sources frame it, is…

Myriad360 Adds Advizex as AI Work Gets Harder to Run

Myriad360 just announced the acquisition of Advizex Technologies, forming a larger combined company across enterprise infrastructure, AI platforms, and managed services. Together, the two companies represent more than $900 million in annual run-rate gross revenue. Companies share mutual focus on enterprise but with complementary technical expertise Both companies have been working on many of the…

Palo Alto closes privileged access gap with $25B CyberArk acquisition

Cybersecurity company Palo Alto Networks has completed its $25 billion acquisition of Israel-based identity security firm CyberArk, bringing privileged access and identity security into the core of its platform strategy. With this acquisition, Palo Alto aims to extend privileged access controls across human, machine, and AI identities, reduce standing privileges, limit lateral movement, and stop…

EU clears Google’s $32B Wiz acquisition, intensifying cloud security competition

Google has secured unconditional EU antitrust approval for its $32 billion acquisition of cloud security firm Wiz, clearing a major regulatory hurdle and paving the way for one of the largest cybersecurity acquisitions to date.   The decision removes a key uncertainty for enterprise customers and positions Google Cloud to aggressively expand its security portfolio…

UiPath Acquires Workfusion, Strengthening Agentic Solutions for Financial Services

COMPANY ANNOUNCEMENT:   UiPath (NYSE: PATH), a global leader in agentic automation, has announced the acquisition of WorkFusion, a pioneer in AI agents for financial crime compliance. The acquisition expands and strengthens the UiPath portfolio of agentic AI-powered industry solutions for the financial services and banking industries, including processes and workflows for financial crimes compliance such as…

UiPath Acquires Workfusion, Strengthening Agentic Solutions for Financial Services

COMPANY ANNOUNCEMENT:   UiPath (NYSE: PATH), a global leader in agentic automation, has announced the acquisition of WorkFusion, a pioneer in AI agents for financial crime compliance. The acquisition expands and strengthens the UiPath portfolio of agentic AI-powered industry solutions for the financial services and banking industries, including processes and workflows for financial crimes compliance such as…

Zscaler extends zero-trust security to browsers with SquareX acquisition

Cloud security company Zscaler has announced the acquisition of SquareX, a Singapore-based browser detection and response (BDR) technology startup. The deal will enable Zscaler to extend its Zero Trust Exchange capabilities directly into standard web browsers, across both managed and unmanaged devices. With Zscaler Private Access (ZPA), the company has been assisting enterprises adopt zero…