Nvidia has agreed to acquire Shoreline, a software startup founded by a former Amazon Web Services executive, in a deal valued at approximately $100 million. Shoreline, which has raised around $57 million, specializes in automated infrastructure remediation and incident automation, which aligns with Nvidia's potential expansion into cloud infrastructure offerings. The acquisition highlights Nvidia's strategic move to enhance its software capabilities and broaden its technological portfolio.
Massive chipmaker Nvidia is expanding its horizons with a deal to acquire software start-up Shoreline, according to sources speaking with Bloomberg. https://t.co/ZI9yG0JdoH
Nvidia reportedly eyes software firm Shoreline in $100m bid https://t.co/ZI9yG0JdoH
Sources: Nvidia agrees to buy Shoreline, which helps automate fixing software problems, in a deal that values Shoreline at ~$100M; Shoreline has raised ~$57M (Bloomberg) https://t.co/3d9efCqK0n 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/7xc3faj80X
It is almost as if software isn't dead. "Shoreline makes software that looks for problems and incidents in computer systems and helps automate processes to fix them." How many software engineers work for Nvidia? How many work at Arm? "Software is dead" isn't even wrong. https://t.co/GDPG6mJyx4
Nvidia $NVDA is buying software startup shoreline. Looks like an interesting acquisition. Automated infrastructure remediation / incident automation. Would make sense if they are getting more serious about their own cloud infrastructure offering, which I think they are (see point… https://t.co/ONj7TFamvt
Nvidia $NVDA just agreed to acquire Shoreline(.)io The deal was struck recently and values Shoreline at about $100 million - Bloomberg https://t.co/s5xcMKt2Ys
Nvidia has agreed to buy Shoreline, a startup for software developers founded by a former Amazon Web Services executive https://t.co/9XGaToVemq