Kyndryl inks deal with NetApp to level-up cloud transition and transformation for customers

Key Signals in Enterprise Software

Centre Setup and Expansion
Trellix announces the opening of a new data center in Mumbai
The data center will help the cyber-security company cater to the stringent compliance needs of its customers, especially in the banking, finance, and government sectors. Read More>>
Hewlett Packard Enterprise opens new headquarters in City Place
The new campus comprises two five-story buildings connected by bridges at each level. The campus includes 440,000 square feet of rentable space, structured parking for 2,055 cars, and a slate of amenities, including a fitness center, cafe, and a large central courtyard with a multiuse basketball pavilion. Read More>>
Oracle opens new research and development lab in Morocco
The new Oracle center in Morocco will work on a wide range of R&D projects focusing on technologies such as automated machine learning and explainability, the PGX Parallel Graph Accelerator solution, and Oracle’s MySQL Heatwave ML. Read More>>
Airbus selects Honeywell’s FMS for future A320, A330 and A350 aircraft
The FMS will be offered as a single standardized hardware and software platform that can be used across the Airbus A320, A330, and A350 aircraft fleet, with expected entry into service by the end of 2026. Read More>>
NT selects Radware to improve telecom cyber defenses
NT chose Radware to prevent DDoS attacks across its on-premise and cloud environments and strengthen its application performance and protection. Radware’s selection by NT comes after the company announced the spinoff of its Cloud Native Protector business to form a new company called SkyHawk Security. Read More>>
Bayer bails on USD 670 Mn CAR-T partnership with Atara
The companies entered the deal in December 2020 to develop CAR-T cell therapies to treat high mesothelin-expressing tumors such as malignant pleural mesothelioma and non-small-cell lung cancer. The rights and licenses granted by Atara to Bayer under the partnership will be returned to the former upon deal termination in September this year. Read More>>
Kyndryl and NetApp team up for data insights
The two companies have established a global alliance to provide data insights services for customers. They will collaborate on enhancing and improving how customers obtain insights from unstructured data sourced from text-based documents, photos, audio and video files, internet of things sensors, and other sources. Read More>>
Mergers and Acquisitions
Kantars acquires UK-based app survey platform Qmee
The acquisition of Qmee follows recent deals by Kantar to sell its public policy consultancy business Kantar Public and acquire Copenhagen-based marketing measurement and optimization company Blackwood Seven. Read More>>
CleverTap to acquire rival Lean Plum
The company has signed a definitive agreement to acquire its San Francisco-based rival Leanplum in a stock and cash deal. Together CleverTap and Leanplum will work with digital companies to increase user engagement, retention, and lifetime value. Read More>>
Executive Movement
Telstra Health appoints an ex-Cerner official to new Chief Health Officer role
Australian digital health company has named Dr. Monica Trujillo to its newly created chief health officer post, effective 1 June. Before joining Cerner in 2018, Monica served various roles at the Australian Digital Health Agency, including its first chief Clinical Information Officer. Read More>>
SQream appoints Naama Saar as Chief Operating Officer
Saar will be responsible for executing the company’s strategy and vision to become a market leader for solutions that accelerate Peta-size data analytics. She will be leading the product, R&D, and delivery teams in this new role. Read More>>

Key Signals in Consumer Software

Centre Setup and Expansion
DoorDash gears up to open Long Island’s first DashMart Store in Commack 
The Commack DashMart will be the first of two on Long Island, along with a West Babylon DashMart that will open this summer. The company is currently hiring for a new Commack DashMart, which will open at 6133 Jericho Tpke. Read More>>
Mekonomen intends to build a new high-tech central warehouse in Norway
The planned central warehouse will supply spare parts and the need for accessories for the leading Norwegian concepts MECA and Mekonomen in Norway. The new warehouse will be built in the Mjøs region and is expected to be completed in 2025. Read More>>
WeWork Premium launches in Korea for those willing to pay up
The premium plan offers workspaces 2.5-times bigger than the basic option, an electric height-adjustable desk, and other services such as separate spaces designated for premium subscribers and community events. Read More>>
AT&T and DISH enter internet distribution agreement
AT&T and DISH have entered into a distribution agreement that will allow DISH to offer AT&T Internet services, including AT&T Fiber with Hyper-Gig speeds, to prospective, new and existing DISH customers. DISH customers will be able to purchase their AT&T Internet service. Read More>>
Tencent teams up with SOOS OIO to level up healthy gameplay in Singapore
Through the various activities planned for the Digital For Life Festival 2022, Tencent and SOOS OIO hope to demystify gaming for parents, engage youths to form healthy gaming habits, foster healthy familial relationships through gaming, and realize the benefits of play for everyone. Read More>>
Challengermode partners with KRAFTON for grassroots PUBG NextPro Series
KRAFTON will use the platform to operate events for its PUBG NextPro Series. NextPro is a tournament series offering grassroots esports players the chance to experience pro play in a professional esports setting. Read More>> 
Executive Movement
Danelle Danemark named human resources VP at Comcast
Prior to joining the Western New England Region, Danemark was senior director of Human Resources and business partner for Comcast’s Sales and Marketing organization across the northeast. In this role, she was responsible for developing strategies for organizational design, workforce planning, talent management, and development. Read More>>
Virgin Group hires Nikki Humphrey for the newly created Chief People Officer role
Nikki joins Virgin from her role as Executive Director, People at John Lewis Partnership (JLP), a position she has held since 2020. Before her role at JLP, Nikki held the position of Chief People Officer at Virgin Atlantic. Read More>>

Latest Industry Insights from Draup Braindesk

  1. Vedantu focuses on developing a solution for students’ mental health management to ensure children’s mental and physical well-being.  
  2. Vedantu focuses on developing an online learning app for students to enable two-way communication between students and teachers where teaching and learning are better than recorded video. 
  3. The company aims to enhance its doubt-solving capabilities by acquiring multiple doubt-solving startups. 
  4. Bengaluru Area, India, serves as the key hub area for various operations such as Cloud Computing, VFX & Animation, and Artificial Intelligence & Data Science-related engagements. 

Key Funding Alert

Network Studios raises USD 46 Mn to create “crypto native” and hybrid blockchain games: Griffin Gaming Partners led the investment round with additional backing from Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, and N3TWORK, Inc. The cash injection will allow Network to launch crypto native and hybrid blockchain games, including its first two web3 titles, Legendary: Heroes Unchained and Triumph. Read More>>

Startup Spotlight

Company – Luxury Presence
Total Funding – USD 31.3 Mn
About: Luxury Presence provides technology and marketing tools to real estate agents and brokers. It empowers real estate professionals at all levels by generating new leads through digital marketing and increasing the agent’s sales volume, brand recognition, and market share. Read More>>
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