Veea, Plum in talks for a business combination
Digital transformation company Veea and the special purpose acquisition company Plum Acquisition Corp recently announced an intention to explore a…
M&A & Investment
Reporting on mergers, acquisitions, funding rounds and major investment activity across digital infrastructure markets. Coverage tracks private equity, venture capital, strategic acquisitions and consolidation among data center operators, AI infrastructure providers, telecom networks and related technology companies.
Ericsson to develop smarter cloud and edge applications with $32 M funding
Ericsson has been granted funding from Germany’s Economic Affairs and Climate Action Ministry for its €30 million (roughly $32 million)…
Cloneable launches new AI platform to make contextual decisions at the edge
Cloneable, an AI platform provider to optimize business processes, has secured $750,000 in pre-seed funding from First In. The company…
Startup Captur raises £2.2M to expand its AI offerings
Enterprise AI image verification startup Captur has secured £2.2 million in its latest funding round, bringing its total fundraised to…
Webscale acquires Section.io to launch new Kubernetes orchestration solution
Intelligent CloudOps provider Webscale has announced its acquisition of edge computing company Section.io to support the launch of CloudFlow, a…
pgEdge distributed edge database steps out of beta
pgEdge has announced the general availability of pgEdge Platform, a distributed PostgreSQL database optimized for running at or near the…
$10 M grant boosts Georgia State’s research in edge computing, AI and robotics
Jonathan Shihao Ji, a computer science professor at Georgia State University, has been awarded a $10 million grant from the…
Pulsant pumps £3 million in platformEDGE platform at its Rotherham data center
Edge infrastructure provider Pulsant has expanded its Rotherham data center capacity by 116% to 380kW, with an additional £3 million…
Premio adds new edge AI processor to its portfolio for industrial computers
Rugged edge and embedded computing tech provider Premio Inc. has announced its new Hailo-8 AI accelerator modules for its line…
EdgeCortix raises $20 million for technology development and global expansion
EdgeCortix, a company specializing in edge artificial intelligence solutions, has concluded an additional funding round, securing a total of $20…
