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IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition

CIO

In the statement , the company said HashiCorp’s suite of products offers “enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities,” which enable businesses to automate their hybrid and multicloud environments. The deal is expected to close by the end of 2024, the statement added.

Cloud 263
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Accelerating VMware’s growth

CIO

That’s why we plan to invest an incremental $2 billion a year to better unlock customer value – with half focused on R&D and the other half focused on helping to accelerate the deployment of VMware solutions through VMware and partner professional services. The core technology to do this already exists at VMware.

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Broadcom’s Approach Towards Delivering Customer Value

CIO

At Broadcom, we make business decisions driven by what will bring customers the most value. We listen to our customers. Instead, our entire business model is grounded in the belief that we can create innovative solutions that will deliver on our customers’ needs over time and progress through multiple generations of technology.

Security 200
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Lyca Mobile blames cyberattack for network disruption

TechCrunch

-based mobile virtual network provider giant Lyca Mobile has confirmed a cyberattack that caused service disruption for millions of its customers. Lyca confirmed in a statement this week that the security incident prevented […]

Mobile 248
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Coding for the Future of U.S. National Defense

CIO

By Hock Tan, Broadcom President & CEO Since we announced our intent to acquire VMware last year, customers have expressed to me their excitement about VMware’s momentum around cloud-native apps in its Tanzu business. Modernizing legacy systems as part of DOD’s move to multi-cloud is a national security imperative.

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SAP user group: S/4HANA usage is growing, but still in the minority

CIO

The German-speaking user group for enterprise software giant SAP says that customers’ willingness to invest in the company’s S/4HANA cloud product is rising, but still lags behind flagship ERP products like ECC 6, and some customers see the need for more discussion on SAP’s prolonged move to the cloud.

Groups 255
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. December 2012: HP says it is cooperating with the Department of Justice, the Securities and Exchange Commission and the UK’s Serious Fraud Office in an investigation relating to Autonomy.