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Five Minute Briefing - Information Management
April 4, 2017

Five Minute Briefing - Information Management: April 4, 2017. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Cohesity, a provider of hyperconverged secondary storage, is receiving its largest funding to date, raising over $90 million in a Series C round co-led by investors GV (formerly Google Ventures) and Sequoia Capital, to expand sales and marketing to meet explosive customer demand. The investment will accelerate Cohesity's research and development of additional secondary storage use cases beyond data protection, with a special focus on analytics, test/dev, file services and object services.

Fujitsu and Oracle jointly announced the launch of Fujitsu SPARC M12, a new lineup of enterprise servers available worldwide. Featuring Fujitsu's new SPARC64 XII processor, the companies say, the Fujitsu SPARC M12 servers achieve the world's highest per CPU core performance in arithmetic processing, offering improvements for a range of database workloads, from mission-critical systems on premises to big data processing in the cloud.

Data security provider McAfee has begun operating as a new standalone entity, with plans to expand upon its security solutions platform to better enable customers to effectively identify and orchestrate responses to cyberthreats.

OVH is acquiring VMware's vCloud Air business. Financial details of the transaction were not disclosed. The transaction is expected to close in calendar Q2 2017.

Teradata is launching an innovative database license model across hybrid cloud deployments, giving users more portability for deployment flexibility, subscription-based licenses, and simplified tiers with bundled features. With portable database licenses, Teradata customers can now have the flexibility to choose, shift, expand, and restructure their hybrid cloud environment by moving licenses between deployment options as their business needs change.