Technology Roundup – Tech Data acquires IT infrastructure distributor, Amazon bans merchants from FedEx ground delivery

科技新闻精选-Tech Data收购IT基础架构分销商,亚马逊禁止商家使用联邦快递地面送货服务
Published on: December 16, 2019
Author: Amy Liu

Tech Data acquires IT infrastructure distributor

Tech Data (NASDAQ:TECD) https://nai500.com/stock-tracker/?qm_symbol=acquires Inflow Technologies for undisclosed terms. The deal is expected to close in Q1 FY21.

Inflow is a value-added distributor specializing in cybersecurity and networking. TECD says the purchase will optimize its presence in the Asia Pacific region and strengthen its end-to-end portfolio.

Amazon bans merchants from FedEx ground delivery

Amazon (AMZN +0.4%) is blocking third-party sellers from using FedEx’s (FDX -1.2%) Ground and Home delivery for Prime shipments, according to a merchant email viewed by the WSJ.

The tech giant cites a decline in performance heading into the holiday season.

The ban starts this week and will continue “until the delivery performance of these ship methods improves.”

Fortinet gains on Google Cloud integrations

Fortinet (FTNT +1.2%) extends its integration with Google Cloud (GOOG +0.9%)(GOOGL +0.9%) to include a new reference architecture to help migrating customers connect distributed branches to GCP with Fortinet’s Secure SD-WAN solution.

FTNT is also releasing the FortiWeb Cloud WAF-as-a-Service in the Google Cloud Marketplace.

Palo Alto +1.3% on Google Cloud partnership

The companies will collaborate on new offerings to market and run several Palo Alto Networks (NYSE:PANW) services on Google Cloud (GOOG +0.9%)(GOOGL +0.9%).

The solutions will include developing a security framework for multi-cloud environments with Google’s Anthos platform and integrating Google Cloud’s Event Threat Detection and PANW’s AutoFocus threat intelligence.

The new solutions will be available in H1 2020.

Palo Alto shares are up 1.3% to $229.80.

Uber Eats India sale ‘inevitable’ – Raymond James

Uber (UBER +5.5%) shares continue to gain on reports the company will unload its Uber Eats India business to Zomato.

Raymond James analyst Justin Patterson says the sale appears inevitable given the service’s third-place ranking in the region, which would take significant time and investment to improve.

Patterson says the sale to Zomato offers several benefits, including receiving a stake in the market leader, but also highlights that Uber didn’t win the market, raising questions about the network strength and platform advantages.

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