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Veeam Software announced on Tuesday that it will acquire Securiti AI for about $1.73 billion, a major deal aimed at enhancing data protection and governance across cloud and AI applications. The acquisition combines Veeam’s backup and recovery software with Securiti’s Data Command Center, a platform designed to unify, secure, and manage sensitive data spread across […]
Activist investor Engaged Capital has taken a major stake in Cognex (CGNX.O) and is pressing the machine-vision systems maker to slash costs and hire cost consultants — a move it says could help the company’s share price nearly double within two years. Speaking at the 13D Monitor Active-Passive Investment Summit in New York, Engaged’s founder […]
OVHcloud (OVH.PA), Europe’s largest cloud provider, celebrated a major milestone on Tuesday as annual revenue surpassed €1 billion for the first time — yet its weaker-than-expected 2026 forecast sent investors fleeing. Shares plunged 18% by mid-morning, marking what could become the company’s biggest single-day drop ever if losses persist. The firm reported 9.3% revenue growth […]