Search Results for “Jordan Novet”

May 9, 2019
Jordan Novet / CNBC

Jordan Novet / CNBC  
Symantec Shares Tumble on News of CEO Greg Clark’s Departure

The share prices for cybersecurity leader Symantec fell steeply on Thursday, by as much as 15%, following the announcement that CEO, Greg Clark, has stepped down and that Symantec director Richard Hill, formerly CEO of Novellus Systems, was named interim president and CEO, effective immediately. Clark became CEO after Symantec acquired security company Blue Coat, of which he was CEO.

May 15, 2019
Jordan Novet / CNBC

Jordan Novet / CNBC  
Crowdstrike Files for IPO, Shows Net Loss of $140 Million Last Year With Year-over-Year Revenues Doubling to $249.8 Million

Security company Crowdstrike, which had a valuation of $3 billion last June, filed for its initial public offering (IPO) and will trade under the ticker symbol CRWD. Financials released ahead of the IPO show that for the year ended January 31, Crowdstrike had a net loss of $140 million, while revenue more than doubled to $249.8 million. Among Crowdstrike’s 2,500 customers are Credit Suisse, Australian mobile phone company Telstra, Tribune Media, and Amazon Web Services.

July 30, 2019
Jordan Novet / CNBC

Jordan Novet / CNBC  
Microsoft Announces Acquisition of Data Governance and Privacy Company BlueTalon

Microsoft announced its acquisition of BlueTalon, a leading provider of data governance solutions which provide security and privacy to certain high-value data. BlueTalon’s technology works with a variety of systems for storing data, including Hadoop, Spark and PostgreSQL allowing its mostly Fortune 500 customers to run queries on sensitive data to make observations, while not revealing the actual underlying information. Terms of the deal were not disclosed.

Related: Windows Central , Microsoft, Crunchbase News, Crunchbase News, Neowin, GeekWire, TechCrunch, Venture Beat, ZDNet, Business Insider, Neowin

August 15, 2019
Jordan Novet / CNBC

Jordan Novet / CNBC  
Cloudflare Issues Pre-IPO Filing Showing Revenue Jump of 48%, Loss Increase of 13% in First Half of 2019, Notes That Offensive Customers Such as 8chan Could Have Negative Consequences

Cybersecurity and content distribution network company Cloudflare issued its pre-initial public offering S-1 filing showing a $36.8 million net loss on $129.2 million in revenue for the first half of 2019, with revenues up 48%  and loss up 13% year-over-year. The company had 74,873 paying customers at the end of the first half of 2019, with 408 of them contributing more than $100,000 in annualized billings. In the filing, the company noted the recent controversies of its hosting of notorious 8chan, which it stopped providing services for in the wake of the massacre by a white nationalist gunman in El Paso, as well as its hosting of neo-Nazi website Daily Stormer, which it dropped in 2017. “Activities of our paying and free customers or the content of their websites or other Internet properties, as well as our response to those activities, could cause us to experience significant adverse political, business, and reputational consequences with customers, employees, suppliers, government entities, and others,” the company said in the filing.

Related: Financial Times, Tech Insider, TechCrunch, The Verge, Forbes, Marketwatch, Cyberscoop, Financial Times, Barron’s, Bloomberg,

August 22, 2019
Jordan Novet / CNBC

Jordan Novet / CNBC  
VMWare to Buy Endpoint Security Company Carbon Black at $2.1 Billion Value, CEO to Join VMare in New Security Business Unit

In moves that could help the company better compete better in the security market and hybrid-cloud infrastructure operations. VMware said it’s acquiring endpoint protection cybersecurity company Carbon Black at an enterprise value of $2.1 billion and Pivotal at an enterprise value of $2.7 billion. Carbon Black’s CEO, Patrick Morley, will run a security business unit that VMware is forming, and VMware will move some existing assets into it. Pivotal makes technologies that companies use to build and deploy their software across different server infrastructure, including public clouds. The deals are expected to close by the end of January 2020.

Related: Globalnewswire, Law360, Tech Insider, Bloomberg Technology, Venture Beat, Fortune, Network World Security, XconomyInvestor’s Business Daily, TechCrunch, Carbon Black, latest news, Reuters, Cyberscoop


Globalnewswire: VMware Enters Definitive Agreement to Acquire Carbon Black
Law360: 6 Firms Guide VMware’s $4.8B Spending Spree – Law360
Tech Insider: Why WeWork’s $47 billion private valuation could be a key stumbling block for its IPO — and might even derail it completely
Bloomberg Technology: VMware Agrees to Buy Carbon Black, Pivotal for $4.8 Billion – Bloomberg
Venture Beat : VMware acquires Pivotal and Carbon Black for nearly $5 billion
Fortune: VMware Agrees to Buy Carbon Black and Pivotal for Combined $4.8 Billion
Network World Security: VMware spends $4.2B to grab Pivotal, Carbon Black to secure, develop integrated cloud world
Xconomy: VMware Dropping $4.8B to Buy Carbon Black, Pivotal Software
Investor’s Business Daily: Dow Jones Futures: Fed Chief Jerome Powell Speech Key For Stock Market Rally; Salesforce, VMware Buoy Software Sector
MSSP Alert: Carbon Black Acquired By VMware; Vows MSSP Partner Support
Investor’s Business Daily: VMware Stock Falls On Buying Spree; VMware Acquires Carbon Black, Pivotal
TechCrunch: VMware acquires Carbon Black for $2.1B and Pivotal for $2.7 billion
Carbon Black: The Next Chapter in Our Story: VMware + Carbon Black latest news: Cyber security has ‘fallen by the wayside’
Reuters : VMware to pay $5 billion for firms offering cloud security, developers platform
Cyberscoop : VMware announces plans to acquire Carbon Black for $2.1 billion

@CarbonBlack: The Next Chapter in Our Story: @VMware + @CarbonBlack_Inc : #infosec

February 20, 2020
Jordan Novet / CNBC

Jordan Novet / CNBC  
Microsoft Will Offer Its Defender Antivirus Software for Mobile Phones and Devices Running on Google’s Android, Apple’s iOS

Expanding its efforts to sell products to consumers using other companies’ mobile products, Microsoft announced it would soon offer its Defender antivirus software for phones and other devices running Google’s Android and Apple’s iOS mobile operating systems. Microsoft already offers the Intune software that IT administrators can use to manage employees’ PCs, smartphones, and tablets. The Defender software coming to Android and iOS is about security, rather than management.

Related: Engadget, iDownloadBlog.comiMore, Windows Central, MacRumors, MSPoweruser, Neowin, Cult of Mac, Engadget, The Verge, SlashGear » security, SlashGear, iPhone Hacks, Android Central, Microsoft