TechTaffy

tech:

taffy

IBM Buys Data Transfer Company Aspera

By TechTaffy Desk

IBM has signed a definitive agreement to acquire Emeryville, CA-based Aspera. Financial terms of the deal were not disclosed. The acquisition of Aspera is subject to customary closing conditions and is expected to close in the first quarter 2014.

Aspera’s technology helps companies speed the movement of massive data files around the world. Aspera is used by Apple to upload videos to the iTunes store (read the customer story here), and was used by James Cameron in the production of Avatar. Aspera clients include NetApp, Netflix, PBS, Rovio, Random House, and Universal, among others.

Just in

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.