Box said that KKR would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider’s strategic review, according to Reuters report. The KKR-led investment will be executed through convertible preferred stock and comes weeks after Reuters reported Box was exploring a sale amid pressure…
The challenges that today’s Chief Information Officers (CIOs) are facing are more complicated and critical than ever before, as these leaders look to help their businesses recover and restart in the wake of a global pandemic. To help them out, IBM announced at its ‘Think Digital’ conference a broad range of new AI-powered capabilities and…