Microsoft completes acquisition of Nuance for a new era of outcomes-based AI

Key Signals in Enterprise Software

Centre Setup and Expansion
US-based Granicus opens innovation center in Bengaluru
The Bengaluru Center will be key to driving continued innovations in multi-tenant cloud solutions for Civic Experience and Engagement technologies globally. This will be the company’s first product development center in India and will hire over 200 engineers by the end of 2022. Read More>>
DataBank announces expansion of Las Vegas data center
The project will meet growing demand in the region and support the company’s investment in expanding its footprint and capabilities. The expansion will further add 10,000 square feet of data center space, bringing the site’s total capacity to nearly 30,000 square feet. Read More>>
Moderna to establish enterprise solutions hub in Atlanta
The Atlanta Enterprise Solutions Hub will initially host finance, human resources, procurement, and digital solutions. The biotech company will continue to identify opportunities to host additional functions and business services out of the hub as it grows. Read More>>
SiPearl selects Ansys’ Power Signoff Solution for European supercomputer chip 
The company will apply Ansys’ industry-leading Multiphysics platform to meet power and reliability goals on Europe’s new state-of-the-art microprocessor. Read More>>
Aker BP selects Hitachi Energy for the power-from-shore project in Norway
Hitachi Energy will perform front-end engineering, and design (FEED) studies for a power-quality solution that will enable the Aker BP-operated NOA Fulla field and the Equinor-operated Krafla field in the North Sea to be powered from the mainland. Read More>>
CobbleStone announces the launch of CobbleStone Contract Insight app on SAP store 
CobbleStone Contract Insight’s availability on SAP Store offers healthcare, government, legal, and other leading professionals with a better solution. The application also enables clients to access a deep network of SAP partners and system integration resources worldwide. Read More>>
iQmetrix to acquire digital experience platform and activation solutions from Synchronoss
Synchronoss’ solutions DXP and Activation enable telecom operators and retailers around the globe to create, orchestrate and manage digital experiences across all channels. Read More>>
TikTok-Oracle deal to store users’ data is back on track
TikTok is reportedly close to finalizing a deal with Oracle that would see the short-form video platform storing its US user’s data without providing access to Chinese parent company ByteDance. Read More>>
Orange and Fortinet expand partnership with SASE initiative
This new service builds on the two companies’ network security partnership, which has already produced a flexible SD-WAN based on Fortinet Secure SD-WAN. Read More>>
Guidewire announces Wipro as the new consulting alliance partner
The partnership will leverage Wipro’s expertise in helping insurers transform business processes, improve time to market, and achieve operational excellence. Read More>>
Cloud4C earns the networking services on Microsoft Azure advanced specialization
The specialization is a validation of the company’s deep knowledge, extensive experience, and proven success in designing, implementing, operating, and optimizing a customer’s network architecture, cost and security. Read More>>
O2 Telefnica and Mavenir team up to develop 5G core
Mavenir’s CI/CD/CT framework will create customized workflows/processes for fast, agile change management in increased complexity 4G/5G networks. Read More>>
Mergers and Acquisitions
NetApp acquires Fylamynt for CloudOps
This strategic acquisition accelerates NetApp’s overall CloudOps leadership and empowers customers to continue to enjoy more cloud at less cost. Read More>>
Wolters Kluwer buys doc prep firm IDS in USD 70 Mn deal
IDS will become a part of Wolters Kluwer Governance, Risk & Compliance’s compliance solutions business, whose other units include digital signature and asset management software provider eOriginal. Read More>>
Microsoft completes acquisition of Nuance to enable a new era of outcomes-based AI
The two companies will enable organizations across industries to accelerate their business goals with security-focused, cloud-based solutions infused with powerful, vertically optimized AI. Read More>>
Executive Movement
First American Financial Corporation appoints Paul Hurst as Chief Innovation Officer
Hurst will be responsible for identifying opportunities to innovate through strategic venture investments, partnerships, and mergers and acquisitions. Read More>>
CrowdStrike promotes Michael Rogers to global channel chief
As the global channel chief, Rogers will lead a channel organization that supports 590 solution providers in North America and 1,472 partners globally. Read More>>
Megaport promotes Jim Brinksma to CTO
Brinksma previously held technology leadership roles at Ciena Blue Planet and Goldman Sachs. He has also served more than seven years in the United States Navy. Read More>>
Seismic appoints Hayden Stafford as President and Chief Revenue Officer
In his new role, Hayden will oversee the sales and customer success teams, driving further efficiencies and alignment in Seismic’s go-to-market (GTM) strategy. Read More>>
Lotame announces changes to global executive leadership
The leading provider of data enrichment solutions announced changes to its global executive leadership team, promoting Chris Hogg, Eliza Nevers, and Mike Woosley to key roles. Read More>>

Key Signals in Consumer Software

Centre Setup and Expansion
Deliveroo launches new engineering center in India
The Engineering Centre will be Deliveroo’s largest technology hub outside the United Kingdom, where the company is headquartered. It has also hired Sashi Somavarapu as Vice President of Engineering to head the facility. Read More>>
Microsoft is all set to create a data center in Hyderabad
Microsoft has acquired three land parcels in Hyderabad and will reportedly launch a data center. The new data center will deliver advanced data security and cloud solutions to help enterprises, startups, developers, education, and government institutions. Read More>>
Telenor chooses DataMiner EPM for renewed converged television and video streaming platform
The continuous expansion of Telenor’s TV platform has seen them offering more services over an increasing variety of access networks and even more diverse endpoints. Read More>>
Google boosts cloud security with USD 5.4 Bn Mandiant deal
The deal will enhance Google’s cloud computing business, which generates more than USD 19 Bn annually, and help increase its security operations and advisory services. Read More>>
KX enters strategic partnership agreement with Microsoft
KX Insights will be embedded natively on the Microsoft Azure platform as first-class service, with KX generating revenue based on consumption. The collaboration will also emphasize targeting new applications and services that will accelerate innovation and growth for organizations in the financial services sector. Read More>>
Pandora and Ethermon collaborate on a new project
The collaboration will benefit Pandora and Ethermon consumers, as it allows them to see numerous NFTs on a fixed dashboard because Ethermon can straightforwardly list their NFTs on Pandora. As a result, customers will be able to predict the price levels of NFTs and document the data to make future decisions. Read More>>
Mergers and Acquisitions
CCI nod for Amazon buying Cloudtail stake
The Competition Commission of India has approved the acquisition of Prione Business Service, which runs Cloudtail, the largest seller on Amazon, by Amazon Asia-Pacific Resources. Read More>>
Google-owner Alphabet bets big on cyber security with the huge acquisition
Alphabet has made a massive move into the exciting cyber security space after sealing a deal to buy Nasdaq-listed specialist Mandiant Security, beating Microsoft in a hotly contested battle. Read More>>
Executive Movement
Uber For Business names Sheng Lin as country manager for HK and TW
He will lead integrated teams across both markets, partnering with companies and organizations and fully integrating their mobility, meals, and delivery solutions into Uber’s technologies. Read More>>
Precision Valve Corporation announces Harald Biederbick as CEO
Biederbick joins Precision with 15 years in the packaging industry, most recently serving as Group Chief Executive Officer of RKW SE, one of the world’s leading manufacturers of plastic film and non-woven solutions catering to the packaging, personal care, chemical, and agricultural industries. Read More>>
Cazoo, Tommaso Debenedetti the new Country Manager for Italy
Tommaso will be responsible for the growth of the team and the business in Italy in the coming months, together with the European expansion of Cazoo, following the recent acquisition of brumbrum. Read More>>

Latest Industry Insights from Draup Braindesk

Google – Account Intelligence Report

  • Google acquired the 4.6% stake of Ennoconn that enables google to utilize the product line of servers and gadgets used for 5G applications, data center, and Internet of Things. 
  • Google partnered with GitHub and OpenSSF to launch Scorecard V4 for extensive scaling and security check and a new Scorecards GitHub Action for easier security automation. 
  • Google partnered with RBL Bank for the development of customer experience. It will also look to expand the value proposition to help the customer base through the digital platform and provide better customer data management and analytics, enabling effective cross-selling within the Bank’s large customer base and reducing the cost of customer acquisition. 
  • Google Maps partnered with Helbiz Inc. to provide the location details about Helbiz e-scooters, e-bicycles, and e-mopeds.

Key Funding Alert

Google to invest USD 3 Mn in 5 years for Data Transfer Project 
The latest funding will help expand the open-source libraries that facilitate more types of data transfer and allow more companies and organizations to participate in the project. Read More>>

Startup Spotlight

Company – Calamu Technologies
Total Funding – USD 18.9 Mn
About: Calamu is a cybersecurity startup that offers next-gen resilience and near-impenetrable data protection for enterprises. Read More>>
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