IP phone company ShoreTel has today announced that it is beefing up its offerings by acquiring unified communications company M5 Networks in a deal that is valued up to $146 million in cash and stock. ShoreTel’s motivation for snatching up M5 was an effort to be able to offer its customers a choice of either [...]
Posted on February 2nd, 2012 by admin
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Microsoft and BlackBerry maker Research in Motion (RIM) are teaming up today on the public release of BlackBerry Business Cloud Services for Microsoft Office 365, a name which surely Microsoft itself had a hand in creating. The new service will allow corporate customers to manage their deployed BlackBerry devices using Exchange Online, the hosted version of [...]
Posted on February 1st, 2012 by admin
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Online content, portal and front-end technology solution Synacor filed its amended S-1 today for an IPO looking to raise $75 million. The filing revealed that this month Synacor acquired Carbyn, an HTML5 operating system that lets users put their files, applications and more in the cloud and access them from any device’s browser. It paid [...]
Posted on January 31st, 2012 by admin
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Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor. Weather II is a strategic shareholder in telecommunications [...]
Posted on January 24th, 2012 by admin
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Enterprise-focused cloud performance analytics company Tidemark, formerly known as Proferi, has raised $24 million in new funding led by Redpoint Ventures with existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday participating. This brings the total amount raised to more than $35 million. Redpoint partner Geoff Yang will join Tidemark’s [...]
Posted on January 21st, 2012 by admin
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CEOs at three of India’s top ten outsourcing providers recently told the Times of India that they plan to “reduce on-site work by up to five percent over the next year and handle traditional onsite projects such as managing takeover of an existing outsourcing contract& through videoconferencing. (The Times did not name the CEOs or [...]
Posted on January 20th, 2012 by admin
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Symplified, which provides identity and access management tools for cloud applications, has raised $20 million in Series C funding led by Ignition Partners. Existing investor Allegis Capital, Granite Ventures, and Quest Software also participated in the financing, which brings the company’s total funding to $38.8 million. With more than 3.8 million subscribers, Symplified offers a [...]
Posted on January 19th, 2012 by admin
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US-based desktop virtualization software maker DeskStream has acquired Northern Irish cloud start-up WorldDesk, the companies are set to announce today at CES in Las Vegas. Terms of the acquisition, which is expected to close this quarter, were not disclosed. Interestingly, the acquisition will see DeskStream adopt the WorldDesk name and branding. Read more at TechCrunch [...]
Posted on January 13th, 2012 by admin
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As companies move their data out from behind firewalls into the cloud and employees use self-provisioned mobile devices, infosecurity must change. That’s why cybercrime prevention provider ThreatMetrix will announce tomorrow its acquisition of TrustDefender, which detects malware-based attacks. ThreatMetrix can now offer an integrated fraud protection solution that verifies the identity and integrity of any [...]
Posted on January 10th, 2012 by admin
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Cloud storage platform Box (which you no longer have to refer to as Box.net as it now owns Box.com!), has seen incredible growth over the past year, both on the consumer and on enterprise side. Much of the growth has been driven by mobile, with the company seeing a 140% increase in mobile customer implementations [...]
Posted on January 8th, 2012 by admin
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