AMD plans to buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications
AMD will buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications
Advanced Micro Devices Inc. will buy $150 million in Nutanix Inc. stock as part of a new partnership that also includes joint engineering and sales efforts.
DevRev, which develops AI tools to improve the efficiency of employees on support, product, and engineering teams, raised $100M at a $1.15B valuation
- The corporate software developer raised $100 million — Nutanix co-founder Dheeraj Pandey co-founded and leads DevRev
Sources: cloud computing company Nutanix is exploring a sale after receiving takeover interest; Nutanix has a $5B+ market cap, down from $9B+ in September 2021
Wall Street Journal :
Sources: Cloud computing company Nutanix is exploring a sale after receiving takeover interest; Nutanix has a market cap of $5B+, down from $9B+ in Sept. 2021
The cloud-computing company is expected to target private-equity and industry players, people familiar with the matter said
DevRev, which is building APIs to give developers insights into their customers, raises $50M seed from Mayfield Fund, Khosla Ventures, and others
Today a new software company from two former Nutanix executives called DevRev emerged from stealth with a $50 million seed round from Mayfield Fund …
VMware sues its former COO Rajiv Ramaswami, claiming that his taking a job as CEO of Nutanix was a breach of contract
Ron Miller / TechCrunch :
VMware sues its former COO Rajiv Ramaswami, claiming that his taking a job as CEO of Nutanix was a breach of contract
Earlier this month, when Nutanix announced it was hiring former VMware COO Rajiv Ramaswami as CEO, it looked like a good match. What's more, it pulled a key player from a market rival.
Nutanix reported FY 2020 revenue of $1.31B, up 6% YoY, and announced a $750M investment from Bain Capital, as CEO and co-founder Dheeraj Pandey to retire
Natalie Gagliordi / ZDNet :
Profile of Joe Liemandt, founder of software company Trilogy and PE firm ESW Capital, which buys US software firms and replaces staff with cheap overseas talent
rom an office suite on the 26th floor of the iconic Frost Bank Tower in Austin, Texas, a little-known recruiting firm called Crossover … Tweets: @asanwal , @asanwal , @nathanvardi , @nathanvardi , @na...