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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. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” A DPU is a dedicated piece of hardware designed to handle certain data processing tasks, including security and network routing for data traffic. .

Azure 282
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Apple acquired a startup using AI to compress videos

TechCrunch

Apple has quietly acquired a Mountain View-based startup, WaveOne , that was developing AI algorithms for compressing video. In a LinkedIn post published a month ago, WaveOne’s former head of sales and business development, Bob Stankosh, announced the sale. Apple wouldn’t confirm the sale when asked for comment.

Video 278
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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra Drone CEO and founder Toru Tokushige , who is also serving as the CEO of Terra Motors, which develops electric vehicles. and Southeast Asia.

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Japan’s Terra Drone gets $14M lift from Saudi investors

TechCrunch

The Japan-headquartered company, which builds drone software, hardware and uncrewed aircraft traffic management software, said the new capital brings its total raised to $97 million since its inception in 2016. It declined to comment on its post-money valuation.

Hardware 217
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Entocycle grabs $5 million for its insect breeding technology

TechCrunch

While Entocycle has been around since 2016 , the team of 21 people will now try and commercialize its products. It’s a hardware module that can be used in insect farms to monitor and collect data on the health and productivity of black soldier flies. Similarly, Entocycle has developed a fly cage with built-in climate control.

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GlossGenius triples valuation, raises $25M to give beauty industry’s tech stack a makeover

TechCrunch

Danielle Cohen-Shohet developed a tech platform to help spa, studio and salon industry owners manage their operations. So she taught herself how to code, launched in 2016, raised $2.8 million since its launch back in 2016. million round last November.