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Private Equity Money Keeps Pouring Into Tech, as Cloudera Becomes Latest Multibillion-Dollar Buyout

Cloudera said Tuesday that it’s being acquired by private equity firms in a deal valued at about $5.3 billion.

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People News: CampfireSocial, PCMA, Cadmium, jwc and More Tap New Leaders, Build Teams

People News: CampfireSocial, PCMA, Cadmium, jwc and More Tap New Leaders, Build Teams
tsnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tsnn.com Daily Mail and Mail on Sunday newspapers.

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Cadmium names Jim Obsitnik as CEO and Mike Dunn as CFO after a Record Year of Growth

Cadmium names Jim Obsitnik as CEO and Mike Dunn as CFO after a Record Year of Growth 05/11/2021 | 10:22am EDT Send by mail : Message : Required fields FOREST HILL, Md., May 11, 2021 (GLOBE NEWSWIRE) Symphony Technology Group (STG) announced the addition of two seasoned software industry veterans – Jim Obsitnik as CEO and Mike Dunn as CFO – to an executive leadership team created to combine the recent acquisitions of CadmiumCD, EthosCE, Warpwire, and CommPartners. Together, this new platform will simplify the production of events and maximize the value of online learning with a single, flexible platform designed to capture the chemistry of people, ideas, and knowledge. This new combined entity will be launched under a new unified company called Cadmium, whose goal is to build the world’s most-loved technology company powering world-class events and enduring educational experiences.

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McAfee eyeing more M&A after offloading enterprise biz

McAfee will continue to examine acquisition opportunities that provide greater breadth or competitive differentiation as the company transitions into being a pure-play consumer cybersecurity vendor. The company said its US$25 million purchase of consumer VPN provider TunnelBear in February 2018 has served McAfee really well, according to President and CEO Peter Leav. The company will free up US$4 billion from the sale of its enterprise business to private equity firm Symphony Technology Group (STG), which was announced March 8 and is expected to close by the end of 2021. “The market is arguably a bit frothy, but we will over time continue to look at those opportunities,” Leav told Wall Street analysts Tuesday. “We’ll continue to look at things that potentially broaden and also create an opportunity for us to bring more differentiation to the market.

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McAfee Eyes More M&A Following Sale Of Enterprise Business

McAfee Eyes More M&A Following Sale Of Enterprise Business ‘We’ll continue to look at things that potentially broaden and also create an opportunity for us to bring more differentiation to the market,’ says McAfee President and CEO Peter Leav. By Michael Novinson May 04, 2021, 06:41 PM EDT McAfee will continue to examine acquisition opportunities that provide greater breadth or competitive differentiation as the company transitions into being a pure-play consumer cybersecurity vendor. The San Jose, Calif.-based company said its $25 million purchase of consumer VPN provider TunnelBear in February 2018 has served McAfee really well, according to President and CEO Peter Leav. The company will free up $4 billion from the sale of its enterprise business to private equity firm Symphony Technology Group (STG), which was announced March 8 and is expected to close by the end of 2021.

Symphony technology groupSan joseWall streetSkyhigh networksUplevel securityLight point securitySeeking alphaசிம்பொனி தொழில்நுட்பம் குழுசான் ஜோசேசுவர் தெருஸ்கைஹை நெட்வொர்க்குகள்ஒளி பாயஂட் பாதுகாப்புதேடுவது ஆல்பா