The Cloud Archives - Page 2 of 41 - CFO

Citrix to Buy Wrike Remote Work App for $2B

Citrix to Buy Wrike Remote Work App for $2B

The deal will enable Citrix to boost its presence in the collaborate work management space amid the shift to "distributed work."

By Matthew Heller | January 21, 2021

What Good Looks Like in Cybersecurity

What Good Looks Like in Cybersecurity

New tools provide objective, quantitative measures of security and privacy risk.

By Craig Callé | January 14, 2021

Dropbox to Slash 11% of Workforce

Dropbox to Slash 11% of Workforce

The software company has been shifting to remote work, which "means we require fewer resources to support our in-office environment.”

By Matthew Heller | January 14, 2021

Salesforce Goes Social With $27.7B Slack Deal

Salesforce Goes Social With $27.7B Slack Deal

"Slack looks like the natural fit for Salesforce to beef up its collaboration and messaging footprint and keep pace with [Microsoft]."

By Matthew Heller | December 2, 2020

Report: IBM To Cut 10,000 Jobs

Report: IBM To Cut 10,000 Jobs

The job cuts could affect about 20% of its staff in Europe. The United Kingdom and Germany would be the hardest hit, says Bloomberg.

By Vincent Ryan | November 25, 2020

Unlocking Digital Value Creation

Unlocking Digital Value Creation

Three areas are the key to success in this new normal: cloud-based collaboration tools, advanced analytics, and adaptability.

By Vincent Ryan | November 25, 2020

Microsoft Cloud Provider AvePoint Going Public Via Apex Technology SPAC

Microsoft Cloud Provider AvePoint Going Public Via Apex Technology SPAC

AvePoint is estimating revenue to grow 26% year-over-year to $148 million for fiscal 2020.

By Vincent Ryan | November 23, 2020

IBM to Buy Software Company Instana

IBM to Buy Software Company Instana

The company said the move is part of its hybrid cloud and AI push.

By Lauren Muskett | November 18, 2020

Adobe to Strengthen Its Cloud Segment With $1.5B Workfront Acquisition

Adobe to Strengthen Its Cloud Segment With $1.5B Workfront Acquisition

The deal enables Adobe to upgrade its marketing software with collaboration tools for remote work management.

By Lauren Muskett | November 10, 2020

Alibaba’s Cloud Growth Outperforms Amazon’s and Microsoft’s

Alibaba’s Cloud Growth Outperforms Amazon’s and Microsoft’s

The Chinese tech giant’s cloud segment posted $2.19 billion in quarterly revenues, growing at 60% year-over-year.

By Lauren Muskett | November 6, 2020

Cloud Growth Drives Microsoft Earnings Beat

Cloud Growth Drives Microsoft Earnings Beat

Microsoft has benefited from businesses accelerating the shift to cloud infrastructure and applications due to the COVID-19 pandemic.

By Matthew Heller | October 28, 2020

SAP Shares Fall 23% on Q3 Results, Guidance

SAP Shares Fall 23% on Q3 Results, Guidance

“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.

By Matthew Heller | October 26, 2020

IBM to Spin Off Infrastructure Unit

IBM to Spin Off Infrastructure Unit

The move allows it to focus on its hybrid cloud business.

By Lauren Muskett | October 8, 2020

Snowflake Prices IPO Above Indicated Range to Raise $3.4B

Snowflake Prices IPO Above Indicated Range to Raise $3.4B

The cloud data warehousing company raised the largest IPO ever for a U.S. software company.

By Lauren Muskett | September 16, 2020

Snowflake Sets Terms for $2.7B Public Offering

Snowflake Sets Terms for $2.7B Public Offering

Investments by Salesforce and Berkshire Hathaway could provide the data warehouse startup with more than $800 million in additional capital.

By Matthew Heller | September 9, 2020