Monday May 20, 2024

Cisco To Acquire Network Management Software Company LineSider

Cisco this morning said it intends to purchase LineSider Technologies, a privately-held network management software based out of Danvers, Massachusetts. Financial terms of the transaction were not disclosed, and Cisco said it aims to complete the acquisition in the second quarter of its fiscal year 2011. LineSider markets software that enables companies to build network […]

E-Commerce Platform Company Rearden Commerce Acquires Ketera

Effective immediately, Ketera Technologies is now part of e-commerce platform company Rearden Commerce. Terms of the deal were not disclosed. Tweet This Post

Mistakes Made by CIOs and CTOs

CIOs and CTOs that fail typically commit 3 out of the 5 fatal errors.  These errors are: Cutting staff without thinking about the impact on the staff that remain Choosing a vendor based on price without taking into consideration the quality and knowledge loss Eliminating contactors and 3rd party service providers who have unique experience […]

Electronic Billing And Payment Solutions Provider Transactis Lands $7 Million

Transactis, a Charlotte, North Carolina-based provider of electronic billing, payment, and marketing solutions has raised $7 million in Series B financing in a round led by New York-based StarVest Partners, with previous investors and management participating. The capital will be used to drive adoption of the company’s BillMail, BillerExpress and (recently acquired) OfferIQ and LoyaltyIQ […]

Accenture report: High performing IT organizations hit the ground running following the economic downturn

High performing information technology (IT) departments at large companies have hit the ground running following the recent economic downturn, recalibrating their efforts to drive more business value from IT, and leaving their less adroit counterparts playing catch-up, according to new research from Accenture. While many companies slipped into stagnation mode during the downturn, cutting budgets […]

PowerCloud Systems Spins Out Of PARC, Gets More Backers

Xerox’ Palo Alto Research Center (PARC) is spinning out PowerCloud Systems, the cloud-managed networking solutions provider that it has incubated through the Startup@PARC program since early 2008. PowerCloud has also gained more backing, with Walden Venture Capital and Javelin Venture Partners joining the line-up. PowerCloud offers cloud-based technology for OEM vendors that is designed to […]