Enterprise application software giant SAP this morning announced that it will spend $2 billion in China through 2015 to grow its business. In a statement, SAP co-CEO Bill McDermott said the company will also establish more research and development facilities, hire thousands of people and train more experts and consultants in the country. More specifically, […]
Posted on November 16th, 2011 by admin
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Red Hat’s OpenShift platform as a service offering has been in public beta for a while now. It offers a fairly simple way for people to jumpstart “cloud” development efforts by abstracting out all the messy business of setting up application and database servers. Instead, you simply publish your source code to OpenShift, and their […]
Posted on November 15th, 2011 by admin
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Virident, a company that offers flash-based storage solutions for enterprise, announced today that it has closed a $21 million series C funding round. The investment was led by Globespan Capital Partners, with strategic investments from Intel Capital, Cisco and contributions from existing investors, Sequoia Capital and Artiman Ventures. The series C round brings Virident to […]
Posted on November 10th, 2011 by admin
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The US Senate has a new bill on its agenda, The Marketplace Fairness Act, that would allow states to collect taxes on Internet sales, even when the seller does not have a physical presence in the taxing state. In essence the bill would allow states that sign on to collect sales taxes from Web-based sellers, reversing […]
Posted on November 10th, 2011 by admin
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Back in July, a new cloud computing and productivity platform called CX.com raised $5 million from Eric Schmidt’s Tomorrow Ventures and Hanna Capital, bringing the startup’s total funding to $10 million. This is pretty impressive considering the company largely has been flying under the radar since its launch earlier this year. But CX is now […]
Posted on November 9th, 2011 by admin
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Semiconductor chip maker Quantenna Communications has a new strategic investor on board, and her name is Telefónica. Through its investment arm Telefónica Ventures, a division of Telefónica Digital, the Spanish broadband and telecom company has made an equity investment to gain access to the latest Quantenna technology for the deployment of video services to the […]
Posted on November 8th, 2011 by admin
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What matters first with a social media mistake is responding quickly, being transparent and demonstrating sincerity — all of which should follow a social gaffe committed in person and in public. Social media, though, introduces complications all its own: How you’ve been using it all along will also affect your ability to clean up after […]
Posted on November 8th, 2011 by admin
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Tekelec, a publicly-listed mobile broadband solutions provider, is to be acquired by an investor group in a transaction valued at approximately $780m (or $11 per share) in cash. The investor consortium making the buy is led by PE firm Siris Capital Group and includes affiliates of The ComVest Group, funds and accounts managed by GSO […]
Posted on November 8th, 2011 by admin
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Best Buy this morning announced its acquisition of mindSHIFT Technologies, which provides managed IT, cloud, data center and other professional services to small and mid-sized businesses all across the United States, for $167 million. mindSHIFT is said to serve more than 5,400 clients and 25,000 managed desktops nationwide. According to a press statement, mindSHIFT will […]
Posted on November 7th, 2011 by admin
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The world of smartphones, tablets and mobile devices is evolving rapidly and is changing the way CIOs think about topics ranging from telework to disaster recovery to information security. CIO concerns include include: Mobile Device Security: Before you can make your users more productive with mobile devices, you need to make certain that […]
Posted on November 5th, 2011 by admin
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