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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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Codacy nabs $15M to improve code reviews with automation

TechCrunch

Code review is a key step during the software development process — it’s when people check a program by viewing and reading parts of the source code. But despite its importance, not all developers are pleased with the way traditional code reviews work. Image Credits: Codacy.

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4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. The enterprise IT “pushback is that they do not trust the cloud automation and technology.

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To Make It Big, Most Tech Startups Have A Limited Post-IPO Window To Turn Profitable

Crunchbase News

Covering tech startup IPOs generally involves writing about companies that lose money. But in most cases, even the most valuable one-time venture-backed technology companies went public before turning profitable. The security provider, which made its market debut in 2012, first reported an annual profit in fiscal 2018.

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AgBiome lands $166M for safer crop protection technology

TechCrunch

was co-founded in 2012 by a group including co-CEOs Scott Uknes and Eric Ward, who have known each other for over 30 years. His firm has an impact fund focused on the future of food and began investing in alternative proteins in 2016 before expanding that to delivery systems in agriculture technology, he said.

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QA Wolf exits stealth with an end-to-end service for software testing

TechCrunch

“As software developers ourselves — working in health tech and fintech, where even minor bugs could have an outsized impact on people’s lives — we know firsthand how critical robust end-to-end testing is for all software businesses,” Perl said. Neither, obviously, are very desirable scenarios.

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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

Deepak Jain, 49, of Potomac, was the CEO of an information technology services company (referred to in the indictment as Company A) that provided data center services to customers, including the SEC,” the US DOJ said in a statement. From 2012 through 2018, the SEC paid Company A approximately $10.7