Technology Roundup – Socket Mobile skyrockets 200% on launching scanners for iPhone 12 series; Palo Alto agrees to acquire cloud security startup Bridgecrew for $156 million

科技精选——Socket Mobile推出iPhone 12系列扫描仪,股价暴涨200%;Palo Alto以1.56亿美元收购云安全初创公司Bridgecrew
Published on: February 16, 2021
Author: Amy Liu

Socket Mobile skyrockets 200% on launching scanners for iPhone 12 series

Provider of data capture and delivery solutions, Socket Mobile (NASDAQ:SCKTannounces DuraSled™, the first enterprise-grade barcode scanner for the iPhone 12 series.

The DuraSled is available in three models: the DS800, DS840 and DS860.  All three come feature-packed: with interchangeable accessories, field-replaceable batteries, and the series’ namesake durable design, creating an effective, integrated solution.

The Capture SDK enables easy integration into native, and/or web-based applications that use scanning to enhance the productivity of workers using iPhones.

“An ever-increasing number of companies count on iPhone applications to run their businesses. Companies need to support a wide range of devices, especially if they offer their employee the option to use their own. The DuraSled turns your iPhone into a one-handed solution that combines the versatility of the iPhone and the power of an enterprise-grade scanner. Socket Mobile Capture SDK enables the application to fully control the scanner and maximize the efficiency of the overall solution,” says Vanessa Lindsay, Senior Product Manager.

Shares jump 207% pre market.

Palo Alto agrees to acquire cloud security startup Bridgecrew for $156 million

Palo Alto Networks (NYSE:PANWhas entered into a definitive agreement to acquire developer-first cloud security platform Bridgecrew for approximately $156 million in cash, excluding the value of replacement equity awards.

As part of the deal, Bridgecrew co-founders  Idan Tendler, Barak Schosterm and Guy Eisenkot, and their teams will join Palo Alto in unspecified roles.

The acquisition is expected to close in Palo Alto’s fiscal third quarter, and Palo Alto doesn’t expect a material impact on the company’s financials.

“Shift left security is a must-have in any cloud security platform. Developers don’t want to wait until runtime to find out their security is not working, and the CISO charged with protecting the entire organization certainly values higher security from fixing issues earlier in the development lifecycle. We are thrilled to welcome Bridgecrew, and their widely adopted and trusted developer security platform, to Palo Alto Networks. When combined, Prisma Cloud customers will benefit from having security embedded in the very foundation of their cloud infrastructure,” says Palo Alto CEO Nikesh Arora.

Media reports leaked the upcoming acquisition announcement early this morning and put the deal value at around $200M.

SPAC Churchill Capital IV stock spikes on report close to deal with Lucid Motors

SPAC Churchill Capital IV (NYSE:CCIV) jumped 35% on a Reuters report that the company is close to a deal to take Lucid Motors public at a valuation of about $12b.

CCIV has started talks with investors to raise more than $1b by selling shares in a PIPE transaction, Reuters said, citing people familiar. The PIPE could reach $1.5b depending on investor demand.

If the PIPE fundraising succeeds, deal could happen as early as this month, according to the report.

Lucid Motors CEO Peter Rawlinson earlier today appeared on an interview on Fox Business, though he wasn’t asked about the Churchill speculation.

Recall Feb. 12, Michael Klein raises $1.7B for new Churchill Capital SPACs as CCIV soars on possible Lucid deal.

Recall Feb. 5, SPAC Churchill Capital (CCIV) gains after Lucid CEO declines to confirm or deny talks.

Technology