BAE Systems has announced that its purchase of cloud security firm SilverSky has been finalised for £144.4 million.
Box has announced a partnership with Jisc, the charity which promotes the use of digital tech in UK higher education.
The group has put forward a list of five different principles that companies should follow to make sure that they are user centric going forward.
Box.org gives small sized non-profits 10 free licenses and larger-sized non-profits will get 50 per cent discount on every other license purchased over the free 10.
Box Open Source will allow the company to give back to the wider community through a suite of tools that have already spawned 20 projects created by its team of engineers.
A private equity firm and hedge fund are behind the latest round of funding that includes a ratchet on Box shares when they eventually go public, which could happen after Labour Day.
Recent market volatility has been blamed for the decision to delay the company’s long-awaited IPO until early 2015 after its Labor Day deadline passed with no movement.
1