OpenText buys data backup firm Carbonite for .42B Carbonite has agreed to a $1.42 billion purchase by OpenText, an enterprise information management giant, ending weeks of speculation about the anticipated buyout. The deal marks a 78% premium on Carbonite’s share price on September 5, when it was first rumored the company was […]

Why is Dropbox reinventing itself? According to Dropbox CEO Drew Houston, 80% of the product’s users rely on it, at least partially, for work. It makes sense, then, that the company is refocusing to try and cement its spot in the workplace; to shed its image as “just” a file storage company […]

Microsoft Azure’s cloud regions in Switzerland are now open for business Microsoft today announced the availability of its cloud regions in Switzerland. The company first announced its plans for two Swiss regions near Zurich and Geneva, called Switzerland North and West, in 2018. Earlier this year, Microsoft noted that it was seeing […]

With the acquisition closed, IBM goes all in on Red Hat IBM’s massive $34 billion acquisition of Red Hat closed a few weeks ago and today, the two companies are now announcing the first fruits of this process. For the most part, today’s announcement further IBM’s ambitions to bring its products to […]

DigitalOcean gets a new CEO and CFO DigitalOcean, the cloud infrastructure service that made a name for itself by focusing on low-cost hosting options in its early days, today announced that it has appointed former SendGrid COO and CFO Yancey Spruill as its new CEO and former EnerNOC CFO Bill Sorenson as […]

Capital One CTO George Brady will join us at TC Sessions: Enterprise When you think of old, giant mainframes that sit in the basement of a giant corporation, still doing the same work they did 30 years ago, chances are you’re thinking about a financial institution. It’s the financial enterprises, though, that […]

Google Drive beta test expands offline support to non-Google files in Chrome Google Drive’s offline capabilities are getting an upgrade. Currently, you can use Google Chrome to make your Docs, Sheets, and Slides available offline. On Tuesday, the company announced the launch of a beta test that will expand offline capabilities to […]

Three years after moving off AWS, Dropbox infrastructure continues to evolve Conventional wisdom would suggest that you close your data centers and move to the cloud, not the other way around, but in 2016 Dropbox undertook the opposite journey. It (mostly) ended its long-time relationship with AWS and built its own data […]