IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG.
The all-cash deal will see IBM take ownership of StreamSets, a data integration platform that Software AG had acquired just last year, and WebMethods, which Software AG bought for more than $500 million back in 2007.
Today, news emerged that Silver Lake has now bought 93 percent of Software AG, with plans to delist the company from the public markets imminently.
And this is where data integration systems enter the fray, allowing companies to build pipelines that can pool their data regardless of where it resides and in whatever format.
And that, effectively, is what IBM is buying in StreamSets and WebMethods, technologies that span the various layers that constitute application and data integration, including API management which is what WebMethods specifically brings to the table.
Businesses are working hard to conform to traditional heuristics like Rule of 40 (i.e., the idea that the sum of revenue growth and profit margin should equal 40%+, a metric that Bessemer helped popularize).
The world has over-rotated into an FCF margin mindset over a growth mindset, which is backward for growing efficient businesses.
Long-term models show that even in tight markets, growth should be valued at least ~2x to 3x more than FCF margin.
While a margin increase has a linear impact on value, a growth rate increase can have a compounding impact on value.
We show the detailed math below, and it’s confirmed by public market valuation correlations when you backtest the relative importance of growth versus FCF margin.
Ubiquity, the networking and video surveillance camera maker, has fixed a bug that users say mistakenly allowed them access to the accounts and private live video streams of other customers.
Reports first emerged on Reddit that some customers received push notifications on their phones featuring Ubiquiti account-related information and private video streams belonging to other customers.
Another person said they logged into their Ubiquiti account but were presented with the account data of another customer.
“I logged in and I seem to be someone else,” said one person on the Ubiquiti subreddit.
Ubiquiti is a cloud and technology company that makes routers, network switches, security and video surveillance gear, which can be remotely controlled and operated through its centralized cloud offering.
As 2023 comes to a close, a critical cohort of tech companies has regained the value it lost after the summer rally, potentially setting the stage for a stronger IPO cycle in early 2024 than some may anticipate.
Earlier this year, we saw three companies go public in quick succession: Arm, Instacart and Klaviyo‘s IPOs represented a liquidity peak, but they failed to inspire other tech companies to a rush towards the public market.
The three companies had pretty good IPOs, too, but they mostly failed to make the sort of splash some had hoped for.
Arm’s stock has performed well compared to its IPO price (trading at $71.30 per share today, up from its $51 list price), but Klaviyo and Instacart haven’t fared as well.
Klaivyo’s shares are trading 24 cents above its IPO price, while Instacart’s stock is trading at about $5 less than its listing price this morning.
Public cloud revenue has slowed down in the past few quarters, indicating that the cloud is facing some headwinds. However, it is still growing at a healthy rate and there…
The cloud is still growing, but it’s not as astronomical as it was last year. This could be due to the scrutiny companies are putting on their tech budgets, causing…
Some analysts were skeptical when Google first reported profits from its cloud business, but today’s earnings report shows that the company is finally turning a profit on its cloud operations.…
Clockwork today announced a new service that utilizes its clock synchronization service to eliminate packet drops to help businesses improve their network performance. With this new service, businesses can reduce…
Apparently, Google Authenticator just got an update that should make it more useful for people who frequently use the service to sign in to apps and websites. This update makes…
Many businesses are not adequately protected from the loss of cloud services, which can cause significant financial losses. This is a major issue, as companies collectively spent $61 billion on…
