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Data management startup Rubrik gets $261M at a $3.1B valuation as it moves into security and compliance

There is a growing demand for stronger security at every point in the IT ecosystem, and today, one of the the more successful enterprise startups to emerge in the last several years is announcing a big round of funding to provide that. Rubrik, which provides enterprise data management and backup services across on-premise, cloud and hybrid networks, has raised $261 million in funding at a $3.3 billion valuation from Bain Capital Ventures and previous investors Lightspeed Venture Partners, Greylo...
Tags: Security, TC, Cloud, Enterprise, Tech, Symantec, IVP, Rubrik, EMC, Bain Capital Ventures, Andes, Sinha, Bipul Sinha, Enrique Salem


Data management startup Rubrik gets $261M at a $3.3B valuation as it moves into security and compliance

There is a growing demand for stronger security at every point in the IT ecosystem, and today, one of the the more successful enterprise startups to emerge in the last several years is announcing a big round of funding to provide that. Rubrik, which provides enterprise data management and backup services across on-premise, cloud and hybrid networks, has raised $261 million in funding at a $3.3 billion valuation from Bain Capital Ventures and previous investors Lightspeed Venture Partners, Greylo...
Tags: Security, TC, Cloud, Enterprise, Tech, Symantec, IVP, Rubrik, EMC, Bain Capital Ventures, Andes, Sinha, Bipul Sinha, Enrique Salem


Amazon's latest cloud product is dangerous for Cisco and Dell but really scary for Hewlett Packard Enterprise, analyst says (AMZN, CSCO, HPE, DELL)

When Amazon Web Services announced a new product called Outposts, the tech world stood up and took notice. They saw Amazon entering into the one cloud-computing market where it had no game: "Hybrid" computing, the segment of the cloud where Microsoft dominates. But a new report by UBS analyst John Roy points out that the true disruption of Outposts is this: Amazon will be putting its own home-grown data-center hardware — originally designed for its own use — into customers' private data center...
Tags: Amazon, Microsoft, Trends, Cisco, Ubs, Ibm, Roy, Dell, Amazon Web Services, EMC, Vmware, Hewlett Packard Enterprise, Microsoft Microsoft, HP Enterprise, Cisco Dell, Dell Cisco


Amazon's latest cloud product is dangerous for Cisco and Dell, but really scary for Hewlett Packard Enterprise, analyst says (AMZN, CSCO, HPE, DELL)

When Amazon Web Services announced a new product called Outposts, the tech world stood up and took notice. They saw Amazon entering into the one cloud computing market where it had no game: "Hybrid" computing, the segment of the cloud where Microsoft dominates. But a new report by UBS analyst John Roy points out that the true disruption of Outposts is this: Amazon will be putting its own home-grown data center hardware — originally designed for its own use — into customers' private data center...
Tags: Amazon, Microsoft, Trends, Cisco, Ubs, Ibm, Roy, Dell, Amazon Web Services, EMC, Vmware, Hewlett Packard Enterprise, Google Pixel, Microsoft Microsoft, Julie Bort, Cisco Dell


Dell jumps in its return to the public market (DELL)

Dell jumped as much as 3.88% to $46 Friday as it returned to the public market. Dell reentered the public markets without going through the usual initial-public-offering process because it bought back shares tied to its interest in the software maker VMware. The acquisition faced strong opposition from billionaire activist investor Carl Icahn, who was VMware's second-largest shareholder.  For Dell, buying back DVMT was actually something of a Plan B. Originally, the company was floating the i...
Tags: Trends, Dell, Morgan Stanley, EMC, Carl Icahn, Vmware, Blackrock, Icahn, Keith Weiss, DVMT, Sanjit Singh


Joy to the vendors, HCI's day has come. And converged ... becomes less... of a thing – IDC

Dell tech (EMC and VMware) utterly dominate with Nutanix following HPE, Cisco and NetApp are grabbing at the tail end of a fast-growing converged/hyper-converged market that is utterly dominated by Dell's EMC and VMware businesses and HCI specialist Nutanix.…
Tags: Cisco, Software, Dell, EMC, Idc, Vmware, Nutanix, Hci


Dell’s long game is in hybrid and private clouds

When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining financial flexibility, the $67 billion EMC deal has always been about setting the company up for a hybrid and private cloud future. The hybrid cloud involves managing workloads on premises and in the cloud, while private clouds are ones that companies run themselves, either in their own data centers o...
Tags: Amazon, TC, Cloud, Enterprise, Tech, Michael Dell, Aws, Dell, Sap, EMC, Virtustream, Vmware, Private Cloud, Pivotal, Dell-emc Deal, Andy Jassy


Dell votes in favor of going public again

Dell announced Tuesday that it has agreed to buy back the publicly traded "tracking" shares of VMware, a listed company that is about 80% owned by Dell.  The company confirmed the purchase price of $120 per share of the tracking shares for a total of $23.9 billion. After the deal is completed, Dell will go public again without having to go through the usual initial-public-offering process and will trade on the New York Stock Exchange starting on December 28. The acquisition has faced strong op...
Tags: Trends, Dell, New York Stock Exchange, Morgan Stanley, EMC, Carl Icahn, Vmware, Icahn, New York Stock Exchange NYSE, Matt Weinberger, Keith Weiss, Sanjit Singh, Dell Technologies Class C


Dell Sets Return to Public Market With Shareholder OK of VMware Deal

Austin—Dell Technologies is on its way to becoming a public company again. Shareholders of a stock that’s linked to Dell subsidiary VMware approved a plan for Dell to buy out the stock, allowing it to return to the public market.Dell, based in Round Rock, TX, announced Tuesday that 61 percent of the shareholders of the so-called “tracking stock” voted in favor the deal. (About 89 percent of shareholders voted.) The stock, traded as DMVT, was issued when Dell acquired storage giant EMC in 2016 f...
Tags: Deals, Texas, Hardware, Server, Ipo, Cloud Computing, Trends, Debt, Hp, Bloomberg, Shares, Computer, Software, Austin, Michael Dell, M&a


Dell votes to buy back VMware tracking stock and will likely go public

Dell just announced that it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of $23.9 billion. With today’s move, the company will likely go public. Sixty-one percent of shareholders voted in favor of the deal. It’s unclear how Wall Street will deal with the $50 billion debt load the company is carrying as a result of that $67 billion EMC acquisition from two years ago if the company does go public. Part of the EMC deal was a pay...
Tags: Startups, Enterprise, Finance, Dell, EMC, Vmware, Dell-emc Deal, Wang, Ray Wang, Constellation Research


Dell votes to buy back VMware tracking stock and go public again

Dell just announced that it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of $120 per share for a total of $23.9 billion. With today’s move, Dell will return to being publicly traded. Sixty-one percent of shareholders voted in favor of the deal. It’s unclear how Wall Street will deal with the $50 billion debt load the company is carrying as a result of that $67 billion EMC acquisition from two years ago, but chairman and CE...
Tags: Enterprise, Finance, Tech, Michael Dell, Dell, EMC, Carl Icahn, Vmware, Dell-emc Deal, Nyse, Icahn, Wang, Elliott Management, Thoma Bravo, Deltek, Ray Wang


Data-analysis startup Looker just landed $103 million in funding and a $1.6 billion valuation after hitting a $100 million revenue run rate

Looker, a business-intelligence startup based in Santa Cruz, California, just raised $103 million in a Series E funding round. Looker is now at unicorn status with a valuation of $1.6 billion, according to a person familiar with the company. It's raised $280.5 million in total since it was founded in 2012. According to Looker CEO Frank Bien, the key to being able to attract investors is strong customer satisfaction. A Santa Cruz, California-based startup just became tech's newest unicorn. The...
Tags: Trends, EMC, Vmware, Looker, Santa Cruz California, Bien, Frank Bien, Cross Creek Advisors, Virsto, Sandesh Patnam, Looker Patnam, Sony Amazon IBM Lyft, Cisco ESPN, PremjiInvest, Tableau Software and Domo


Data-analysis startup Looker thanks its happy customers for its ability to raise $103 million at a $1.6 billion valuation

Looker, a business intelligence startup based in Santa Cruz, California, just raised $103 million in a series E funding round.  Looker is now at unicorn status with a valuation of $1.6 billion, according to a person familiar with the company, with $280.5 million raised in total since it was founded in 2013.  According to Looker CEO Frank Bien, the key to being able to attract investors was strong customer satisfaction. A Santa Cruz, California-based startup just became tech's newest unicorn....
Tags: Trends, Harvard, EMC, Vmware, Domo, Looker, Santa Cruz California, Premji Invest, Bien, Premji, Frank Bien, Cross Creek Advisors, Looker CEO Frank Bien, Virsto, Sandesh Patnam, Looker Patnam


The fabulous life of billionaire Michael Dell, who is once again fighting with Carl Icahn over the future of his company

Michael Dell is once again making headlines as he tries to take his company public again in an unusual and controversial way. Instead of an IPO, Dell wants to buy the "tracking stock" of VMware for a combo of cash and Dell's stock. The tracking stock was created when Dell bought VMware's majority stakeholder EMC as part of that mega $67 billion deal. VMware is publicly traded and the tracking stock gave EMC investors extra value for their portion of VMware's equity, to encourage them to approve...
Tags: Apple, US, Trends, Michael Dell, Dell, EMC, Carl Icahn, Vmware, Houston Texas, University of Texas at Austin, IPO Dell, Academy of Achievement When


Michael Howard: Embrace of open source is destroying 'artificial definitions' of legacy vendors

MariaDB boss says IPO is part of his 3-year planInterview Michael Howard, Berkley grad and alumnus of Oracle and EMC, took the helm at open-source biz MariaDB almost three years ago. Reflecting on how things have changed, he reckons the biggest shift is in how both investors and enterprise have embrace open-source. Now, he has an IPO on his mind.…
Tags: Ipo, Linux, EMC, Michael Howard, Michael Howard Berkley


Michael Howard: Embrace of open source is destroying 'artificial definitions' of legacy vendors

MariaDB boss says IPO is part of his 3-year plan Interview Michael Howard, Berkley grad and alumnus of Oracle and EMC, took the helm at open-source biz MariaDB almost three years ago. Reflecting on how things have changed, he reckons the biggest shift is in how both investors and enterprise have embrace open-source. Now, he has an IPO on his mind.…
Tags: Ipo, Software, EMC, Michael Howard, Michael Howard Berkley


The hybrid cloud market just got a heck of a lot more compelling

Let’s start with a basic premise that the vast majority of the world’s workloads remain in private data centers. Cloud infrastructure vendors are working hard to shift those workloads, but technology always moves a lot slower than we think. That is the lens through which many cloud companies operate. The idea that you operate both on prem and in the cloud with multiple vendors is the whole idea behind the notion of the hybrid cloud. It’s where companies like Microsoft, IBM, Dell and Oracle...
Tags: Google, Cloud, Enterprise, Microsoft, Tech, Aws, Ibm, Dell, Oracle, EMC, Red Hat, Dell EMC, Jim Whitehurst, Ginni Rometty, Hybrid Cloud, Cloud Market Share


IBM to acquire software company Red Hat for $34 billion: Reuters

(Reuters) – IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services. The transaction is by far IBM’s biggest acquisition. It underscores IBM Chief Executive Ginni Rometty’s efforts to expand the company’s subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe servers. IBM, w...
Tags: Microsoft, Trends, Barclays, M&a, Ibm, Watson, Dell, Morgan Stanley, Jamie Dimon, EMC, Red Hat, Marketo, Reuters, Goldman Sachs Group Inc, Big Blue, JPMorgan Chase Co


The largest software acquisition ever: IBM to buy RedHat for $34B

At a price typically reserved for semiconductor companies, telecoms, and pharmaceutical giants, IBM announced today it would pay a record $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Ecclipsing Microsoft’s $26.2 billion acquisition of LinkedIn, this is the biggest software acquisition in history. It’s not the biggest tech acquisition ever, though, as that title belongs to Dell’s $67 billion buyout of data storage business EMC. You can learn about what IBM is b...
Tags: Facebook, Apps, Microsoft, Time Warner, Softbank, Linkedin, Tech, Verizon Wireless, Aol, Vodafone, ARM Holdings, Ibm, Dell, DuPont, Pfizer, Symantec


The largest software acquisition ever: IBM to buy Red Hat for $34B

At a price typically reserved for semiconductor companies, telecoms, and pharmaceutical giants, IBM announced today it would pay a record $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Eclipsing Microsoft’s $26.2 billion acquisition of LinkedIn, this is the biggest software acquisition in history. It’s not the biggest tech acquisition ever, though, as that title belongs to Dell’s $67 billion buyout of data storage business EMC. You can learn about what IBM is...
Tags: Security, Fundings & Exits, TC, Facebook, Apps, Microsoft, Time Warner, Softbank, Linkedin, Tech, Verizon Wireless, Aol, Vodafone, M&a, ARM Holdings, Ibm


Managing Large Marketing Teams With Agile

At ProductCamp recently in my panel discussion on digital transformation both the audience and panel members discussed the topic of how to manage larger teams with agile processes. I asked David Quinn of EMC, and head of Agile Marketing at EMC a few questions about this issue. John: If you have a larger team working on a project maybe 10-20 people how do you manage the organization of that many people using agile? Plus, if you are using agile for a larger project that works across silos, how do ...
Tags: Blogging, David, John, EMC, Agile Marketing, David Quinn, John Cass


Carl Icahn is insulting Michael Dell over a deal that would take Dell public again — and an insider says that he's rallying investors to his side (DVMT, VMW)

Activist investor Carl Icahn is once again at Michael Dell's throat, leading an investor revolt to block Dell's latest financial maneuver — an acquisition of a special tracking stock that would effectively take Dell public once again without having to go through the usual IPO process. Some major investors involved are definitely unhappy with the deal Dell has been proposing, and believe the price is too low, one source told Business Insider. Icahn made several accusations aimed at Dell, allegi...
Tags: America, Trends, Michael Dell, Steve Ballmer, SEC, Dell, Wall Street Journal, WSJ, EMC, Silver Lake, Carl Icahn, Vmware, Icahn, Elliott Management, Machiavelli, Borgia


Carl Icahn Buys Dell Technologies Tracking Stock, Opposes Merger, Sends Letter

Activist investor Carl Icahn today unveiled a new 8.3% ownership stake in Dell Technologies tracking stock (DVMT) with over 16.5 million shares.  He opposes the DVMT merger and released a very detailed lettering outlining his thesis and thoughts (all emphasis his): Icahn's Letter to DVMT Shareholders "Fellow DVMT Stockholders:Over the decades I’ve spent much of my time searching for undervalued companies.  We are very proud of our record.  In fact, an investment in Icahn Enterprises depositary u...
Tags: Apple, Microsoft, Finance, Time, America, Michael Dell, Goldman Sachs, Dell, Delaware, Tracker, EMC, Silver Lake, Carl Icahn, Vmware, Securities And Exchange Commission, Board


You Need to Offer Hope

-->When I was about 12 years old my stepfather was dying of cancer. The cancer had spread so far in his body there was nothing the doctors could really do anymore. They had already completed several operations, which had removed a lot of the cancer, but this didn’t seem to matter. My stepfather had undergone chemotherapy, and although he was just in his early 40s he no longer had any hair. Every few hours he would have a bout of throwing up, which would last several minutes. He was doing the bes...
Tags: Florida, New York, Featured, Washington, Careers, Los Angeles, United States, United Nations, National Institutes of Health, Jesus, Job Search, Career Advice, Detroit, Legal Profession, EMC, Tim Ferriss


Dell revisits IPO option amid tracking stock deal pushback: Reuters

(Reuters) – Dell Technologies Inc (DVMT.N) is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public by buying back a special type of stock from investors, people familiar with the matter said on Sunday. Dell’s IPO deliberations come as several hedge funds, including Elliott Management Corp and Canyon Capital Advisors LLC, as well as activist investor Carl Icahn, resist a $21.7 billion cash-and-stock offer from Dell to buy back “tracking ...
Tags: Ipo, Trends, IPOs, Michael Dell, Dell, Wall Street Journal, EMC, Silver Lake, Carl Icahn, Vmware, Reuters, HP Inc, EMC Corp, VMware Inc, Hewlett Packard Enterprise Co HPE, IPO Dell


PE-backed Carnegie Learning acquires Mondo Publishing

Carnegie Learning’s EMC School division, which provides digital and blended literacy solutions, has acquired Mondo Publishing, a provider of professional learning services and literacy resources for K-5 classrooms. No financial terms were disclosed. Oaklins DeSilva+Phillips advised the shareholders of Mondo Publishing on the transaction. Carnegie Learning is backed by CIP Capital. PRESS RELEASE ST. PAUL, Minn.–(BUSINESS WIRE)–Carnegie Learning’s EMC School (EMC) division, a leading provider of d...
Tags: New York, Trends, M&a, North America, Mondo, EMC, Ela, PE, Zulama, Carnegie Learning, Knowledge Services, CIP Capital, EMC School, Mondo Publishing, Oaklins DeSilva Phillips, CIP Capital PRESS


Commons Clause stops open-source abuse

Salil Deshpande Contributor Salil Deshpande serves as the managing director of Bain Capital Ventures. He focuses on infrastructure software and open source. More posts by this contributor Let’s define “container-native” After the Satoshi Roundtable, is there a way to bridge the bitcoin divide? There’s a dark cloud on the horizon. The behavior of cloud infrastructure providers, such as Amazon, threatens the viability of open source....
Tags: Amazon, TC, Open Source, Cloud, Column, Tech, General Motors, General Electric, EMC, Bain Capital Ventures, Redis Labs, Citrix, Amazon Web Services AWS, BSD, Michael DeHaan, Redis


EMC adopts cloudy and VMware-friendly kit for VMworld Vegas shindig

Data Domain and VxRAIL to the fore against a multi-cloud backdrop VMworld US EMC has been singing off a multi-cloud and hyper-converged songsheet at sibling VMware’s Glitter Gulch VMworld event.…
Tags: US, Software, EMC, Vmware


EMC adopts cloudy and VMware-friendly kit at VMworld Vegas shindig

Data Domain and VxRAIL to the fore against a multi-cloud backdrop VMworld US EMC has been singing off a multi-cloud and hyper-converged songsheet at sibling VMware’s Glitter Gulch VMworld event.…
Tags: US, Software, EMC, Vmware


VMware Acquiring Cloud Analytics and Management Startup CloudHealth

VMware has agreed to acquire CloudHealth Technologies, a Boston-based company that VMware wants for its service that lets businesses analyze and manage the cost, usage, security, and performance of private and public cloud computing options.Palo Alto, CA-based VMware (NYSE: VMW) didn’t disclose the terms of the deal, but Reuters reported the acquisition is worth $500 million, based on anonymous sources. VMware expects the deal to close in its fiscal third quarter of 2019. By acquiring CloudHeal...
Tags: Deals, Startups, Cloud, Microsoft, Ipo, Cloud Computing, Boston, San Francisco, Trends, Tech, Debt, Cisco, Bloomberg, Data, Ceo, It