It looks like the IBM-HashiCorp acquisition has made it over another hurdle; the UK's Competition and Markets Authority (CMA) said it had “cleared the anticipated acquisition by IBM of HashiCorp,” and added that it would publish the full rationale for its decision in due course, TechCrunch reported.
IBM's $6.4 billion offer for HashiCorp was made 10 months ago as the company pushed deeper into the hybrid cloud realm. The acquisition would build on the $34 billion it paid for Red Hat in 2019 and its $4.6 billion Apptio acquisition in 2023.
The U.S. Federal Trade Commission (FTC) is still looking at the deal.
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Grab your coffee. Here's what you need to know today.
Today’s Tech, Channel and MSP News
1. SnapLogic and Enate strategic partnership: Generative integration and iPaaS solutions provider SnapLogic is entering a strategic OEM partnership with B2B process orchestration firm Enate. Through this partnership, Enate customers can now access SnapLogic’s integration capabilities directly instead of through a third-party vendor. This makes it easier for service providers to automate work, improve data flow, and run smoother, more efficient operations, the companies said.
2. Cisco Meraki for Government gets FedRAMP authorization: Cisco announced today that its Cisco Meraki for Government solution has achieved FedRAMP authorization at the Moderate Impact Level. The Cisco Meraki FedRAMP authorization complements its existing StateRAMP certification, which is the highest level of authorization for IT providers offering solutions to state and local governments.
3. Singulr AI launches governance and security platform, names new CSO: Singulr AI last week launched its Singulr AI enterprise AI governance and security platform, $10 million in seed financing led by Nexus Venture Partners and Dell Technologies Capital, with participation from leading industry executives. This week, it announced it hired Richard Bird as its Chief Security Officer. Bird has more than 30 years of experience leading security programs at JPMorgan Chase, Huntington National Bank, and Ping Identity, among other roles.
4. Veeam, Microsoft deepen relationship with equity investment: Data resilience vendor Veeam has received an equity investment from Microsoft following Veeam’s $15B valuation in December 2024. This extension of the companies' existing partnership will allow Veeam to build AI solutions to improve customers’ data resilience, the companies said. Veeam’s integration with Microsoft AI will help organizations detect suspicious activity sooner, identify backup vulnerabilities requiring attention, automate compliance and recovery reporting, and accelerate data restores, they said.
5. Yottaa launches managed Web Performance Services: Ecommerce site performance optimization firm Yottaa today launched Yottaa Web Performance Services, a fully managed solution to improve website speed, enhance security, and reduce operational complexity for online brands and retailers. The managed service includes technologies from Fastly, HUMAN Security, and Yottaa to simplify performance and security management.
