News

ai, NetBrain and Blackstone

Blackstone Acquires Majority Stake in Network Ops Firm NetBrain
Blackstone Inc. is acquiring a majority stake in NetBrain Technologies Inc. in a fresh bet that artificial intelligence will transform the $30 billion network operations solutions market.
Blackstone to acquire majority stake in NetBrain Technologies
The growth investment in NetBrain will accelerate innovation and scale its AI-powered platform that automates network operations.
Blackstone Invests in NetBrain at $750 Million Valuation
Blackstone's growth fund and affiliates have agreed to make an investment in NetBrain Technologies that gives the network automation and AI platform a $750 million valuation.
Blackstone makes majority growth investment in network automation and AI platform NetBrain
Alternative asset manager Blackstone (NYSE:BX) announced on Tuesday a majority growth investment in the network automation and AI platform NetBrain Technologies, valuing the latter at $750M. Shares were +0.
NetBrain Technologies snags investment from Blackstone
Blackstone has agreed to make a majority growth investment in NetBrain Technologies, a Burlington, Massachusetts-based network automation and AI platform. The investment values NetBrain at $750 million. Lingping Gao serves as founder and CEO of NetBrain Technologies.
Blackstone Commits $750M to NetBrain in Bold AI Network Automation Bet
In a high-voltage play to reshape the future of enterprise network management, Blackstone has unveiled a $750 million investment in NetBrain Technologies, a leading force in AI-driven network automation.
Blackstone Makes a Significant Growth Investment into NetBrain to Rapidly Expand Network Automation and AI Solutions to Global Enterprises at a $750M Valuation
NetBrain is the market leader in network automation and AI, powering some of the world's largest and most complex networks - including those of more than one-third of the Fortune 500. The company pioneered intent-based network automation technology,
Top Wall Street Forecasters Revamp Blackstone Expectations Ahead Of Q2 Earnings
Analysts expect the New York-based company to report quarterly earnings at $1.1 per share, up from 96 cents per share in the ...
Blackstone and US utility PPL to build gas power plants in JV partnership
Pennsylvania electric and gas utility PPL and Blackstone Infrastructure have formed a joint venture to build natural gas ...
Nasdaq5mon
Blackstone's Q4 Earnings Beat, Stock Gains as AUM Touches ... - Nasdaq
Blackstone’s BX fourth-quarter 2024 distributable earnings of $1.69 per share outpaced the Zacks Consensus Estimate of $1.46. The figure reflects a jump of 52% from the prior-year quarter.