tech:

taffy

Cisco To Acquire Cloupia For $125M

[Techtaffy Newsdesk]

Cisco is acquiring privately held Cloupia, a Santa Clara, Calif.-based software company that automates converged data center infrastructure – allowing enterprises and service providers to simplify the deployment and configuration of physical and virtual resources from a single management console.

Under the terms of the agreement, Cisco will pay approximately $125 million in cash and retention-based incentives in exchange for all shares of Cloupia. The acquisition is subject to various standard closing conditions and is expected to be complete in the second quarter of Cisco’s fiscal year 2013. Upon the close of the acquisition, Cloupia employees will be integrated into Cisco’s Data Center Group.

Cloupia’s infrastructure management software enhances the Cisco Unified Computing System (UCS) and Nexus switching portfolio with a single “pane-of-glass” view into the automation of compute, network, storage, virtual machine, and operating system resources. When combined with data center management solutions like Cisco UCS Manager, Cloupia allows enterprises and service providers to manage pools of computing power, network services, storage and virtual machines as a unified whole.

Just in

Tembo raises $14M

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

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. 

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.

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. 

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.