According to the Washington Post, a top Defense Department official is speaking publicly a successful, high-profile infiltration of a computer network belonging to the US military’s Central Command. Deputy Defense Secretary William J. Lynn III describes the attack in an article to be published today in Foreign Affairs. The incident occurred in 2008 at a […]
Posted on August 26th, 2010 by admin
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Atlantis Computing, a Mountain View-based provider of Virtual Desktop Infrastructure storage and performance optimization solutions, this morning announced that it has closed a $10 million Series C investment co-led by Partech International, El Dorado Ventures and Cisco. Atlantis says it intends to use the capital to fund sales growth, marketing activities and international expansion. Atlantis’ […]
Posted on August 26th, 2010 by admin
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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 […]
Posted on August 24th, 2010 by admin
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HP has proposed to acquire data storage company 3PAR for $24 per share in cash, or roughly $1.6 billion. Thus, it trumps Dell’s offer to buy out the company for $18 per share or $1.13 billion. The proposed transaction represents a 33.3 percent premium above the price proposed by Dell, is not subject to any […]
Posted on August 24th, 2010 by admin
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6fusion, a fledgling company that has developed a system to take control of third party computing resources, this morning announced that it has raised a $3 million round of venture capital financing. In addition, the startup announced it has relocated to the Research Triangle region of North Carolina. The $3 million Series A round was […]
Posted on August 23rd, 2010 by admin
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Salesforce just released Q2 financial results today, posting record revenue of $394 million, an increase of 25% on a year-over-year basis. Q2 GAAP diluted earnings per share decreased 35% year-over-year to $0.11, and non-GAAP diluted earnings per share was flat year-over-year at $0.29. Net Income came in at $14.7 million, down from $21.1 million in […]
Posted on August 20th, 2010 by admin
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Credit card juggernaut MasterCard has agreed to acquire DataCash Group in a bid to drive its e-commerce payment expansion in the Asia-Pacific region, Europe and Australia. U.S.-based MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share for the British processor of Internet […]
Posted on August 19th, 2010 by admin
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Marlin Equity Partners, a Los Angeles-based private investment firm with over $1 billion of capital under management, has agreed to acquire all outstanding shares of core systems software company Phoenix Technologies common stock for $3.85 per share in cash, or approximately $139 million in total consideration. The purchase price represents a premium of approximately 27% […]
Posted on August 18th, 2010 by admin
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Microsoft Continues to Lose Browser Market Share!!!Vista Dead In Its Tracks – Windows 7 Does Better? The summary findings in Janco’s Browser and OS Market Share White Paper are: Firefox challenged Microsoft as no other competitor has done in quite some time but Microsoft seems to have addressed this The SmartPhone market has taken […]
Posted on August 18th, 2010 by admin
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In the wake of former CEO Mark Herd’s sexual harassement scandal, HP is announcing that it is acquiring Fortify, a software security company. Terms of the deal were not disclosed. Fortify’s Software Security Assurance products and services protect companies from security threats in busines software applications. The company’s software evaluates and test software code for […]
Posted on August 18th, 2010 by admin
Filed under: Uncategorized | 245 Comments »
