IBM readies for AI “explosion” with €2 billion double acquisition of Software AG data divisions

IBM readies for AI “explosion” with €2 billion double acquisition of Software AG data divisions

IBM has acquired StreamSets and webMethods from Software AG for approximately €2.13 billion ($2.3 billion). The deal, announced late last year, has gained regulatory approval and adds data ingestion capabilities to IBM’s WatsonX AI platform and integration platform as a service (iPaaS) capabilities to its automation solutions. IBM now offers one of the most comprehensive … Read more

Report: Microsoft lays off hundreds of employees in Azure and Mixed Reality divisions

Report: Microsoft lays off hundreds of employees in Azure and Mixed Reality divisions

Microsoft has initiated layoffs in its Azure cloud division, impacting hundreds of employees in various teams such as Azure for Operators, Mission Engineering, and the mixed reality division. There have been reports of up to 1,500 job cuts in the Azure for Operators team, although this number has not been officially confirmed. The Mission Engineering … Read more

Broadcom re-orgs VMware into four divisions

Broadcom re-orgs VMware into four divisions

Broadcom’s acquisition of VMware has concluded, and quickly resulted in the creation of four divisions dedicated to the virty giant’s business – none of which appear to include end-user compute products. The changes weren’t announced as such, but appeared on Broadcom’s list of executives. The Register checked with Broadcom – media and analyst inquiries are … Read more