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Broadcom to acquire VMware for $61bn

Broadcom is acquiring VMware in a cash-and-stock transaction for approximately $61 billion.

Intel appoints Safroadu (Saf) Yeboah-Amankwah as chief strategy officer

Intel has appointed Safroadu (Saf) Yeboah-Amankwah as senior vice president and chief strategy officer.

Intel Capital invests $117 million in startups

Intel Capital, Intel’s global investment organization, announced new investments totaling $117 million in 14 technology startups.

Intel Capital invests $60M in tech startups

Intel Capital, Intel Corporation's global investment organization, announced new investments totaling more than $60 million in 15 technology startups. This latest group of new...

Google Acquires Magnolia Broadband Patents

Magnolia Broadband has sold its beam forming Mobile Transmit Diversity (MTD) patent portfolio to Google. The patent portfolio covers methods for increasing spectrum utilization...

Recent posts

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.