4º Cloud, Big Data & Analytics/Intelligence - 6th May

Analyst reports:

• Synergy: enterprise cloud spending grew 19% YoY to $63B in Q1 2023, vs. 32% growth in Q1 2022; Amazon took 32% market share, Microsoft 23%, and Google 10% (Ron Miller / TechCrunch)

Startups raising funds

• Mavenir, a Richardson, Texas-based provider of cloud-native software apps for mobile networks, raised $100m led by insider Siris Capital Group. Link

M&A and Private equity deals

• KKR agreed to buy CoolIT, a Canadian provider of liquid cooling solutions for computing environments. Sellers include nVent Electric, Bellnote Partners and BDC Capital. Link

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