Tuesday December 24, 2024

Managing growth and margins in the professional services sector

Access to data on demand and full transparency are imperative for managers in the professional services sector looking to grow their business efficiently and optimise performance and margins. Exact’s Oliver Wright looks at the challenges faced by managers in establishing exactly how and where their business is performing best, and the steps they can take […]

Cloud Services Provider Six Degrees Group Launches In UK With $94 Million In Funding

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 […]

Ellison Reveals Oracle’s Public Cloud; Calls Salesforce The ‘Roach Motel’ Of Cloud Services

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 […]

Intel Forms ‘Federal’ Business Unit To Sell Supercomputing Services To The U.S. Government

Intel is forming a brand new business unit today, called Intel Federal, to ‘better address new opportunities in working with the U.S. government.’ The new subsidiary will focus exclusively on selling and advising on computing services in the government. Initially, Intel says Intel Federal will focus on the High Performance Computing segment, including work on […]

CenturyLink Buys IT Infrastructure Services Company Savvis In $2.5B Deal

CenturyLink this morning announced that it will acquire all outstanding shares of Savvis common stock in a cash and stock merger valued at $40 per share, or a total of approximately $2.5 billion, plus net debt of approximately $0.7 billion which will be assumed or refinanced at close. CenturyLink is the third largest telecommunications company […]

Intermec Acquires Mobile Lifecycle Services Company Enterprise Mobile

Voice and data solutions company Intermec today announced the acquisition of Enterprise Mobile, a provider of lifecycle services for mobile devices. Terms of the acquisitions were not disclosed. The deal, which follows the $190 million buyout of rival Vocollect earlier this month, enables Intermec to extend its hardware, software and lifecycle services for enterprise mobile […]

Citrix Invests In Data Center Consulting Services Firm GlassHouse Technologies

Citrix Systems has made a strategic investment in GlassHouse Technologies, a global data center consulting and managed services firm, expanding the existing relationship between the two companies with Citrix becoming a premier desktop virtualization partner of GlassHouse. The investment also provides Citrix with an observer’s seat on the GlassHouse board of directors. Others terms of […]

EarthLink Buys Telecom Services Company One Communications For $370 Million

EarthLink this morning announced that it will acquire telecom services provider One Communications for $370 million, which includes payment of roughly $285 million of the latter’s net debt. One Comm stockholders have the right to elect to receive the net merger consideration in the form of cash or EarthLink common stock. The merger has been […]

Cisco To Acquire ExtendMedia In Bid To Ramp Up Its IP Video Services

Cisco this morning announced its intent to purchase privately-held and venture-backed ExtendMedia, a provider of software-based Content Management Systems that helps media companies and network operators manage digital video content. Financial terms of the transaction remain undisclosed, and the deal is expected to close in the first half of Cisco’s fiscal year 2011. Based in […]

Webroot Acquires Hosted Internet Security Services Provider BrightCloud

Internet security company Webroot today announced it has acquired BrightCloud, a Web content classification and security services provider. Webroot aims to integrate BrightCloud’s technology with its own proprietary malware detection and security-as-a-service (SaaS) technologies. Terms of the acquisition were not disclosed, but the BrightCloud team will join Webroot’s Cloud Engineering team with an expanded focus […]