Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for the ‘acquisition’ Category

IBM Acquires Vivant Digital Business in Australia

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IBM today announced its intention to acquire Vivant Digital business (Vivant), a boutique digital and innovation agency based here. This acquisition extends the strategy and design expertise of IBM iX, one of the world’s largest digital agencies and global business design partners, with Vivant talent and expertise to accelerate clients’ digital transformations.

The CEO and founder of Vivant, Anthony Farah, will also take the role of Digital Strategy & iX Leader for IBM Australia and New Zealand.

With close to a decade of innovation consultancy experience, Vivant has established a strong reputation for its design philosophy and innovative approach, using insights from behavioral science, data and technology for Australian start-ups and corporates, primarily in the financial services and distribution industries.

Together IBM iX and Vivant, based in Sydney and Melbourne, will address the growing need of clients seeking transformation though innovative digital business models and bold customer experiences.

This adds to IBM acquisitions made during 2016 as it rapidly expands its iX global capabilities in strategic ways to better serve clients. From strategy and design to scalable digital, commerce and mobile, IBM iX’s team of specialists work side-by-side with clients across more than 36 global IBM Studios. Working at the intersection of strategy, creativity and technology, IBM iX helps clients digitally reinvent their businesses.

The acquisition is expected to close in the fourth quarter of 2017, subject to applicable regulatory review and customary closing conditions. Financial details were not disclosed.

Written by turbotodd

October 4, 2017 at 9:13 am

Alexa, Buy Graphiq

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Amazon’s doing some shopping of its own, this week acquiring Santa Barbara-based data analytics and search engine startup Graphiq for an estimated $50M.

According to Crunchbase, Graphiq positioned itself as a data aggregation and visualization company focused on turning cmoplicated data into contextually-rich presentations of the world’s knowledge.

The company was founded in 2009 as “FindTheBest,” according to the LA Times, and was co-founded with former DoubleClick CEO and Founder, Kevin O’Connor.

How will Graphiq’s technology possibly be used in the Amazon?

The technology Graphiq has developed to connect the dots between billions of pieces of information could be valuable to Amazon as it tries to make Alexa smarter. Akin to Siri on the iPhone, Alexa answers queries about the weather, sports and other topics on devices such as Amazon’s Echo speaker. Last year, Graphiq produced a now-unavilable Alexa app that aimed to answer questions such as “What is the fastest 2016 sedan?” according to app aggregation website ChatBottle. Amazon also gave Graphiq access to a database about books to put its technology to the test, according to a source.
– via latimes.com

Written by turbotodd

July 21, 2017 at 10:41 am

Apple Acquires Workflow

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Happy Thursday… Much as with March Madness, there were some significant upsets yesterday in the Dell World Golf Championships here in Austin Texas… Most tragic was last year’s winner, Jason Day, announcing his withdrawal from the tournament after six holes due to his mother’s terminal cancer. He held a gutwrenching press conference, but the former world number one golfer clearly has his priorities in the right place.

Jason, here’s wishing you and your entire family all the best as your mom fights for her life. For those of us familiar with your backstory, we know how much of a fighter she is and how much she helped you get to where you are today.

Now, back to the technology news of the day: Apple has finalized a deal to acquire Workflow, a tool that lets you put together apps and functions within apps in strings of commands to automate tasks.

TechCrunch reported the news, but was unable to get financial details for the deal. As they write:

Workflow has been around for a couple of years and we’ve covered it and its updates. It shares some similarity with the service IFTTT, in that it allows people to group together a bunch of actions that can allow them to perform complicated tasks with one tap. It had built up a sizeable number of users and downloads over the past few years.
– via TechCrunch

They also report that the Workflow app will continue to be made available on the App Store and will be made free later today.

Which makes all you people who bought the app in the last week suckers.

Written by turbotodd

March 23, 2017 at 10:07 am

IBM Plans to Acquire Security Visualization And Management Firm Agile 3 Solutions

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IBM Security today announced plans to acquire Agile 3 Solutions, a developer of software used by the C-Suite and senior executives to better visualize, understand and manage risks associated with the protection of sensitive data.

The addition of Agile 3 Solutions’ capabilities to IBM Security’s portfolio adds an intuitive tool to improve C-Suite decision making as businesses prepare to defend themselves against cybercrime.

As cybersecurity has become a board-level issue, there is a growing need for the C-suite and the Board to understand their security posture through the lens of business risk, not just the technical security data and metrics.

Business leaders must be equipped to make risk-based decisions and prioritize investments toward the cybersecurity readiness and resilience. In fact, Gartner predicted that “by 2017, 80% of IT risk and security organizations will report metrics to non-IT executive decision makers; however, only 20% will be considered useful by the target audience.”

Agile 3 Solutions is a San Francisco-based, privately held company that provides business leaders with a comprehensive, business-friendly dashboard and intuitive data risk control center to help uncover, analyze, and visualize data-related business risks.

Financial terms of the deal were not disclosed and the transaction is expected to close within several weeks.

For more information about Agile 3 Solutions, go to http://www.ibm.com/security/announce/agile3/

Written by turbotodd

January 23, 2017 at 8:43 am

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