Palo Alto Networks intends to acquire Zingbox for $75M – gpgmail

Palo Alto Networks surely loves to buy security startups. Today it added to its growing collection when it announced its intent to acquire IoT security startup Zingbox for $75 million. The company had raised $23.5 million, according to Crunchbase data. The three co-founders, Xu Zou, May Wang and Jianlin Zeng, will be joining Palo Alto […]

Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit – gpgmail

After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announced as early as this week and is expected to be worth $2 billion in cash and shares. Kaola will continue to run independently, but […]

VMware says it’s looking to acquire Pivotal – gpgmail

VMware today confirmed that it is in talks to acquire software development platform Pivotal Software, the service best known for commercializing the open-source Cloud Foundry platform. The proposed transaction would see VMware acquire all outstanding Pivotal Class A stock for $15 per share, a significant markup over Pivotal’s current share price (which unsurprisingly shot up […]