Tag: Software

KKR and CD&R are reportedly nearing a deal to take software firm Cloudera private

Private-equity firms KKR and Clayton Dubilier & Rice (CD&R) are nearing a deal to take Cloudera private at a valuation of $4.7 billion, Bloomberg News reported on Monday, citing a person familiar with the matter. The private-equity giants are likely to finalize a deal on Tuesday to acquire the software firm at $16 a share, […]

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Google strikes deal with HCA Healthcare to mine patient records to develop algorithms

Alphabet Inc.’s Google and national hospital chain HCA Healthcare Inc. have struck a deal to develop healthcare algorithms using patient records, the latest foray by a tech giant into the $3 trillion healthcare sector. Nashville, Tenn.–based HCA HCA, +0.77%, which operates across about 2,000 locations in 21 states, would consolidate and store with Google data from digital health records […]

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Palo Alto Networks stock jumps 5.8% as high-profile hacks drive business

Palo Alto Networks Inc. shares rose 5.8% in premarket trade Friday, after the cybersecurity company reported results that topped Wall Street estimates and hiked its outlook for the year. Palo Alto Networks  PANW, +2.09%  reported a fiscal third-quarter loss of $145.1 million, or $1.50 a share, compared with a loss of $74.8 million, or 77 […]

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