IT professionals surveyed reported that 65 percent of organizations frequently experienced data loss from a virtual environment. This represents a 140 percent increase in virtual data loss when compared to a similar survey last year. Other key findings indicate that 53 percent of those surveyed experienced five virtual data loss incidents in the past year […]
Posted on October 10th, 2011 by admin
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British entrepreneur Alastair Mills, who recently sold his latest venture, SpiriTel, to communications giant Daisy for £37 million, is at it again. Mills is today debuting his new company, Six Degrees Group, and has announced that private equity firm Penta Capital (who also backed SpiritTel) has agreed to invest £60 million (roughly $94 million) in […]
Posted on October 10th, 2011 by admin
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IBM is announcing the acquisition of Q1 Labs, Massachusetts-based provider of security intelligence software. Financial terms of the deal, which is expected to close in fourth quarter, were not disclosed. Q1 Labs software collects and analyzes information from hundreds of sources across an organization such as the network, applications, user activity, mobile endpoints, and physical […]
Posted on October 7th, 2011 by admin
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Exclusive – Roughly 21 months after successfully launching its vendor-neutral online marketplace for SaaS and cloud-based business applications, GetApp.com has secured $1.1 million from Spanish-American investment firm Nauta Capital to invest in further growth. GetApp.com is essentially a hub for SMB owners to compare, select and purchase SaaS and Web-based applications that can help them […]
Posted on October 7th, 2011 by admin
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Today, at Oracle’s OpenWorld Conference in San Francisco, an animated Larry Ellison took to the stage to unveil an assortment of cloud computing services, which will run the company’s long-time-in-coming (six years, in fact, Fusion Applications — most notably the “Oracle Public Cloud”. And, not one to miss an opportunity, Ellison made sure to take […]
Posted on October 6th, 2011 by admin
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The fun continued this morning at Oracle’s OpenWorld Conference in San Francisco. Or, I should say, the fun continued at a restaurant across the street. Fine dining and location aside, for those unfamiliar, yesterday afternoon Oracle CEO Larry Ellison cancelled a keynote that was planned for this morning by none other than his former employee […]
Posted on October 6th, 2011 by admin
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Reevoo, a long-time customer reviews startup which last year raised a Series B round of funding from existing investors Eden Ventures, Banexi Ventures and angels, keeps on keeping on. Today’s it’s added Kelkoo’s ten European websites as distribution partners for its Reevoo Broadcast product. Tweet This Post
Posted on October 5th, 2011 by admin
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Well, well, well. The Oracle OpenWorld Conference is in full swing, and Salesforce CEO Marc Benioff was scheduled to be one of the keynote speakers tomorrow (Wednesday). “Was” being the operative word here. Thanks to a recent update from Benioff’s Twitter account, it seems that Oracle CEO Larry Ellison has cancelled Mr. Benioff’s keynote tomorrow. […]
Posted on October 5th, 2011 by admin
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Mindshare Technologies, the provider of survey technologies and realtime customer feedback solutions, announced today that it has received a $20 million investment from Sorenson Capital, a private equity firm that specializes in buyout and growth equity investments. The PrivateBank and Trust Company also contributed to the investment, which will be used to accelerate product growth […]
Posted on October 4th, 2011 by admin
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HP just announced that it has completed its takeover of British enterprise data handler Autonomy under the terms specified last month. To wit: £25.50 each for 213,421,299 shares, totaling just over 87% of the company. That’s around $8.5 billion spent of the ~$10 billion offer that would have constituted a total buyout (Reuters says $12 […]
Posted on October 4th, 2011 by admin
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