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Salesforce agrees to acquire military logistics developer Rune

Salesforce signed a definitive agreement to acquire Rune Technologies, a developer of military logistics and sustainment software and hardware, Axios reported. Rune raised ~$30M to build AI military logistics software. The agreement expands Salesforce's year-old Missionforce defense business.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

CXMT swings to profit as quarterly revenue rises sevenfold

Chinese memory chipmaker CXMT posted a sevenfold increase in quarterly revenue and swung from a loss to a profit, Bloomberg reported. The company expanded capacity aggressively and increased its role as a global supplier of conventional memory, or DRAM.

Capital Products
Capital Products

Greentech Alliance agrees to acquire mobility network Intermobility

Berlin-based Greentech Alliance has agreed to acquire Paris-based Intermobility, bringing a transport network of more than 1,000 companies, public authorities and other participants into its sustainable technology community.