VSS Monitoring, a provider of distributed traffic capturing solutions, today announced it has landed its first institutional round of financing from Battery Ventures, to the tune of $20 million.
Monitoring and securing networks is an increasingly complicated task for IT managers, and VSS Monitoring is banking on what they refer to as distributed traffic capture to [...]
Posted on August 24th, 2010 by admin
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Mobile communication, marketing and commerce platform vendor Movitas has raised $3 million in a new round of financing from a group of private investors, the company announced earlier this morning, self-reportedly thanks to its success with hotels, holiday resorts and the likes.
Movitas says it will use the additional capital to enhance its mobile platform to [...]
Posted on July 21st, 2010 by admin
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Security software company GFI Software this morning announced that it has acquired Sunbelt Software, and specifically its VIPRE product suite.
GFI says the deal will give them access to Sunbelt’s VIPRE technology, which it intends to merge into its own email security and web security solutions group. Terms of the acquisition remained undisclosed.
The assets of [...]
Posted on July 14th, 2010 by admin
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Elsevier, a juggernaut of a global publisher of scientific, technical, and medical information products and services, announced today the acquisition of assets from Collexis, a developer of semantic technology and knowledge discovery software.
The acquisition is effective immediately and terms of the agreement are not being disclosed.
According to Elsevier, the combination of Collexis’ semantic technology [...]
Posted on June 11th, 2010 by admin
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Phoenix Technologies today announced that Hewlett-Packard has agreed to purchase the assets related to its HyperSpace, HyperCore and Phoenix Flip instant-on and client virtualization products. The consideration for the transaction is $12 million in cash and the closing is expected to occur this month.
With the sale of its virtualization technology product line, Phoenix is moving [...]
Posted on June 11th, 2010 by admin
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Data management technology startup NorthScale has secured $10 million in a Series B funding led by Mayfield Fund, Accel Partners and North Bridge Venture Partners participating in the round. This brings NorthScale’s total funding up to $15 million. The company is also announcing the addition of Bob Wiederhold as president and chief executive officer of [...]
Posted on May 20th, 2010 by admin
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The federal government’s emphatic push into
health-related information technologies is likely to generate a wave of new work
for IT contractors.
The deployment of health IT systems - most
notably electronic medical records that can be exchanged among patients,
doctors, specialists and other [...]
Posted on March 23rd, 2010 by admin
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Under the radar startup NorthScale is publicly launching today with a new data management technology to help web-based companies, particularly startups that deal with large amounts of transactional data. For example, social gaming giant Zynga has been using NorthScale since December.
Founded by leaders of the memcached open source project, NorthScale is like Cloudera for Hadoop [...]
Posted on March 17th, 2010 by admin
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Virtualization giant VMware is set to acquire select technologies from parent company EMC. VMware will be buying up certain technologies from EMC’s Ionix IT management business, including solutions aimed at delivering improved management and deployment of servers and applications in a virtualized data center.
The transaction is valued at $200 million and is expected [...]
Posted on March 5th, 2010 by admin
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As companies prepare for the economic recovery, many are poised to enter
2010 with renewed interest in improving their HR technology systems, processes
and organizational structures, according to experts at Watson Wyatt, a leading
global consulting firm.
“In the current economy, organizations will keep a watchful eye on their
spending as they analyze their investments in HR technology,” said Steve
Hitzeman, [...]
Posted on March 5th, 2010 by admin
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