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Hewlett Packard Enterprise (HPE) has entered a definitive agreement to acquire Israeli cloud security startup Axis Security for $500M.
HPE is buying the company through its Aruba subsidiary.
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Founded in 2018, Axis aims to provide simple, safe, and reliable enterprise security resources.
The company is known for its Atmos Security Service Edge (SSE) platform, which is 100% cloud-delivered with over 350 points of presence (PoP) running on Amazon Web Services, Google Cloud, and Oracle.
Atmos Cloud purports to securely connect authorized users to any business application, offering customizable, easy-to-create user access policies.
The company’s SSE platform is equipped with auto-adaptive trust, which can automatically detect and adapt to any changes in identity or device health.
Massachusetts-based content delivery network (CDN) provider Akamai has entered a definitive agreement to acquire U.K.-headquartered cloud-based storage provider Ondat for an undisclosed sum.
Ondat specializes in a data storage platform for Kubernetes.
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Akamai will leverage the acquisition to enhance and expand its cloud offerings.
Contractual terms state that the entire Ondat team will join Akamai’s cloud computing business.
Ondat claims its leading Kubernetes-native storage platform allows developers to run stateful applications anywhere, at scale.
Key features of Ondat’s platform include dynamic provisioning, security and encryption, data reduction, low latency, replication, availability, block volumes, and shared file systems.
The deal is expected to close during Q1 2023.
California-based cloud security company Zscaler is conducting an overhaul that will cut 3% of its workforce, affecting roughly 177 employees.
The company's CFO, Remo Canessa, says the company's restructuring plan is a way to "address inefficiencies in certain job functions and projects."
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Canessa claims that over the past 18 months, the company doubled its headcount to 5,900 employees due to "strong market momentum."
According to Zscaler's founder and CEO Jay Chaudhry, the workforce reductions are part of a broader strategy to "align people, roles, and projects to our strategic priorities."
The company conducted a review, which led its executives to develop a cost optimization plan to drive operational efficiency and deliver profitable growth.
Zscaler revenue for Q2 2023 increased by 52% YoY to $387.6M, beating Wall Street analysts' estimates.
Cloud-based data pipeline solutions provider Fivetran has added new deployment options to its platform.
The company now offers an Amazon Web Services GovCloud deployment option and a private deployment option.
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Fivetran offers a private deployment option to enable companies that must adhere to strict regulatory policies to self-host Fivetran in their own on-premises or virtual private cloud (VPC) environment.
The private deployment option will allow companies to modernize their technology while remaining compliant with regional, industry, and company policies.
Government agencies will now be able to deploy Fivetran using AWS GovCloud to meet specific regulatory government requirements for handling data.
The company has also introduced High-Volume Agent (HVA) connectors, which are designed to support high-volume data replication by leveraging log-based change data capture read directly from the source system’s logs.
Salesforce brought its Hyperforce cloud platform to the European Union (EU) with the launch of the Hyperforce EU Operating Zone.
The Hyperforce platform is said to provide scalability, flexibility, data protection, adherence to compliance/regulatory standards, and more.
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According to the Salesforce website, the Hyperforce platform enables users to manage their data residency, scale sustainably, enhance their cloud security, control their data privacy, and work faster.
The Hyperforce EU Operating zone brings Salesforce’s extensive product suite with 24/7 customer and technical support delivered by EU-based personnel.
The new offering is aimed at both commercial and public sector customers who are required to store and process their data in the EU.
Salesforce claims its Hyperforce platform is built on 100% renewable energy and is net zero.
Tokyo-based cloud consulting company Classmethod has become a go-to for those who wish to implement Amazon Web Services (AWS) cloud services.
The company was awarded the AWS Global Systems Integrator Partner of the year in 2022.
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Classmethod has a 'Developers IO' website containing more than 40,000 technical articles that provide customers with step-by-step instructions on how to solve complex AWS issues.
The cloud consulting company boasts a network of over 500 engineers who review the AWS technology blog posts daily to ensure collaboration for "brain power" in numbers.
The company founder Satoshi Yakota claims that Classmethod employees have earned an average of over 2,200 AWS certifications.
According to its website, Classmethod's three main principles are providing fast and affordable service, spreading technical knowledge, and supporting creative engineers.