M&A and Investment

Latest Headlines

Latest Headlines

IBM acquires Cleversafe

IBM announced it has entered into a definitive agreement to acquire Cleversafe, an object-based storage in the cloud company distinguished by its unique cloud storage algorithms designed to efficiently compress massive amounts of data.

Law firm launches big data analytics service to benchmark, analyze HR and litigation strategies

Littler – one of, if not the world's largest employment and labor law practice representing management – has hired its first national director of data analytics and launched its Littler Data Center. Both developments are part of its strategic initiative to provide clients with "big data strategies and analytics resources designed to benchmark and analyze HR and litigation strategies," Littler explained in a press release.

Google Ventures invests in Insights-as-a-Service provider, Zephyr Health

Predictive analytics in healthcare are a little dicier because gaps exist in our knowledge of biology that create wild cards in modeling. Even so, the current trends in pooling healthcare data globally, mining past clinical trial data and patient data and adding more nuanced data that was harder or impossible to gather and analyze earlier are already rendering strong results. 

BlackRock bets on big data to revive active equity funds

"BlackRock Inc CEO Larry Fink is betting that a trillion points of data can help revive his firm's ailing stock-picking business," reports Jessica Toonkel in a Reuters post. Give that...

Informatica goes private with a little help from Microsoft,

In order to survive and thrive, more companies will have to make the move from public to private. When they do, their big data strategies will become more effective too as they look beyond immediate, short term gains to also seek long term competitive advantages. 

Spotlight: Media company buys 1010data

Advance/Newhouse, an affiliate of private media company Advance Publications, bought 1010data to the surprise of many industry insiders. For a look at that deal and what's so surprising about it,...

EDB, Aliyun partner to make the Postgres Plus Advanced Server database available as a relational Database-as-a-Service

Wednesday morning, EnterpriseDB and Aliyun, the cloud computing arm of Alibaba Group, announced their new partnership to make the Postgres Plus Advanced Server database available as a relational Database-as-a-Service in China. This follows EDB's recently announced partnership with the technology services subsidiary of KT Corp., one of the largest telecommunications providers in South Korea, to launch a new Database-as-a-Service offering.

SPOTLIGHT ON... New venture fund invests in data science startups

Workday announced it is launching a venture fund focused on data science and machine learning for the enterprise. "The last 10 years has been about the cloud," said Dan Beck, Workday's...

Big data gaining steam: MapR reports record bookings

The provider of the top-ranked distribution for Apache Hadoop reported 100 percent growth in Q2 2015 over Q2 2014. Eight of its top 10 verticals contain multiple customers, each exceeding $1 million in cumulative bookings. 

EY to build 200-strong data scientist team in Madrid to focus on data in financial services

EY, formerly known as Ernst & Young, announced today the opening of its Global Innovation Center in Madrid that will focus exclusively in managing and analyzing big data in financial services. The company says the center will serve clients across the globe. It will launch with 50 data scientists with plans to grow to a 200-strong team soon, topping 500 across Europe at end goal.