Blog

30 Notable IT Executive Moves: November 2020

The Changes Keep Coming There was the department of Broadcom’s Symantec unit. The announced retirement of AT&T’s CFO. The changing of top leadership at GDT,…

Palo Alto Networks Shareholders Oppose Board Nominees, Exec Pay

Discontent is rising among Palo Alto Networks shareholders, with a plurality opposing three board nominees in the past two years and executive pay for three years…

Cloud, Recurring Revenue, Subscription Growth Highlight Oracle’s Q2

Oracle had a very good second quarter of its fiscal 2021 when it came to growth in its cloud, recurring revenue and subscription businesses, the…

Third-Quarter External Storage Systems Sales: HPE, Huawei Grow While Dell, NetApp Slip

Revenue from the sale of branded storage systems sales to the enterprise market is not yet recovering. IDC, in its latest Worldwide Quarterly Enterprise Storage…

Cisco Layoffs: 101 California Employees Cut Following $1B Cost-Cutting Plans

Cisco Systems this week revealed it is letting go 101 employees from its San Jose, Calif., headquarters following months of speculation that more job cuts…

Nutanix’s New CEO On Leaving VMware To Build $2B Cloud Star

Nutanix’s new President and CEO, Rajiv Ramaswami, plans to drive sales north of $2 billion while at the same time battling his former employer and Nutanix…

SolarWinds Names New CEO As Potential Spin-off Inches Forward

SolarWinds Corp. has announced a new CEO for its solution provider business, at the same time as it announced a confidential filing related to a…

Machine Identity Management Unicorn: Thoma Bravo Majority Stake Drives Venafi Valuation To $1.15B

Private equity powerhouse Thoma Bravo continued its security software investment blitz by buying a majority stake in machine identity management software provider Venafi. The controlling…

Homepoint Partners with Appian to Accelerate I.T. Through Low-Code Automation Technology

ANN ARBOR, Mich., Dec. 10, 2020 /PRNewswire/ — Homepoint, one of the nation’s leading mortgage originators and servicers, today announced it selected the Appian (NASDAQ: APPN) Low-Code Automation Platform.…

Aeldra launches its premium global banking mobile app; set to add 300,000 accounts

PALO ALTO CITY, Calif., Dec. 10, 2020 /PRNewswire/ — Aeldra, a pioneer in global banking based in Silicon Valley, has launched its mobile banking appfor global affluent customers.…