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F5 buys fraud prevention specialist Shape Security for USD 1 bln

2019-12-20 09:07:00| Telecompaper Headlines

(Telecompaper) F5 Networks has agreed to acquire fraud prevention specialist Shape Security for USD 1 billion, subject to certain adjustments. Under the deal, F5 will buy all of the shares of privately held Shape and then incorporate the company's machine learning and AI-powered capabilities into its portfolio of application services. F5 noted that the transaction will accelerate its growth momentum and more than double its addressable market in security. F5 CEO Francois Locoh-Donou explained: the companies will together deliver end-to-end application protection and that their combined technologies will open up a "fast-growing USD 4 billion adjacent market."

Tags: security usd shape specialist

 

Intel buys Israeli AI chip specialist Habana Labs for USD 2 bln

2019-12-16 15:59:00| Telecompaper Headlines

(Telecompaper) Intel has bought Israeli AI chip startup Habana Labs for USD 2 billion, following reports the sale would run to USD 1 billion. The startup, which develops programmable deep learning accelerators, will become part of Intel's artificial intelligence (AI) portfolio and push the company's efforts in the AI silicon market, which Intel expects will be worth over USD 25 billion by 2024.

Tags: usd specialist intel chip

 
 

Fitesa Buys Freudenberg\'s South American Hygiene Business

2019-12-09 20:11:00| Nonwovens Industry Breaking News

Brazilian site has developed nonwovens for the South American hygiene market since 1985

Tags: business south american buys

 

Apple buys first carbon-free aluminum from Alcoa-Rio Tinto JV

2019-12-06 09:45:00| Telecompaper Headlines

(Telecompaper) Apple has inked an agreement to buy and use aluminum made without any direct carbon dioxide emissions, Aluminum Today reported. Alcoa and Rio Tinto joint venture Elysis produced the first commercial batch of the aluminium, using a breakthrough, carbon-free aluminium smelting technology. They will now expand the process to a commercial scale.

Tags: apple aluminum buys jv

 

Siemens buys additive manufacturing software developer Atlas 3D

2019-12-02 19:32:54| Canadian Plastics Headlines

U.S.-based Atlas helps designers define optimal part orientations for "right first time" 3D printing. The post Siemens buys additive manufacturing software developer Atlas 3D appeared first on Canadian Plastics.

Tags: software manufacturing siemens developer

 

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