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Articles tagged with: investment

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[26 Sep 2008 | No Comment | 3 views]

IBM has opened four cloud computing centers in Sao Paulo, Brazil; Bangalore, India; Seoul, Korea; and Hanoi, Vietnam. With cloud computing, businesses, institutions and consumers remotely access a huge central computing resource. The computing power can be tapped as it’s needed, reducing costs and energy use.
“Cloud computing is emerging as a fundamental change in how IT is managed and delivered,” said Dr. Willy Chiu, vice president of IBM High Performance On Demand Solutions. “It is a powerful tool for efficient operations, especially in growth economies.”
In Vietnam, universities, government ministries and …

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[7 Jul 2008 | No Comment | 8 views]

I am going to assume you don’t want to break the law or rob a bank, because as quickly as it could make you wealthy to rob your local casino, it is just not the right thing to do. I will also assume you don’t want to marry money or hope for a winning lottery ticket, what I am going to propose is a sound and hopefully rational explanation of the quickest way to make money on Earth.

It news »

[17 Apr 2008 | No Comment | 0 views]

GREENSBORO, April 17, 2008 – Lenovo today highlighted economic investment and job creation in the North Carolina community of Whitsett, as the company celebrated the grand opening of its first fulfillment center in the United States. This newly built facility will initially employ about 160 people, cost $10 million to build, and will serve Lenovo’s customers throughout North America. Work done at this 200,000 square foot facility will include light product assembly, custom imaging and other product configurations; distribution services, logistics and additional value-added services.
“I am delighted to welcome Lenovo …

It news »

[10 Apr 2008 | One Comment | 6 views]

Release to manufacturing of the new unified intelligence system allows enterprise health providers to unlock the power of all data from their existing IT systems.
REDMOND, Wash. — April 9, 2008 — Microsoft Corp. today announced the availability of Microsoft Amalga, the new unified intelligence system that allows hospital enterprises to unlock the power of all their data sitting in isolated clinical, financial and administrative solutions. Amalga is part of the Microsoft Amalga Family of Health Enterprise Systems, a portfolio of enterprise-class health solutions that provides rich integration, giving clinicians and …

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[1 Apr 2008 | No Comment | 0 views]

ATTO Offers 8-Gb Celerity, Single-, Dual- and Quad-Channel PCIe 2.0 Solutions
Amherst, NY (April 1, 2008) - ATTO Technology, Inc., a global leader of storage connectivity and infrastructure solutions for data-intensive computing environments, announced today that it will showcase its Celerity 8-Gigabit Fibre Channel Host Adapter product at the SNW, RSA and NAB trade shows. The Celerity single-, dual- and quad-channel host adapters offer eight lanes of 5Gb/sec. PCIe 2.0 bandwidth. ATTO was the first in the industry to ship 4-Gb Fibre Channel host adapters. Now, with the …

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[1 Apr 2008 | No Comment | 0 views]

WALTHAM, Mass.— 31 Mar 2008— Novell today announced it has completed its acquisition of PlateSpin Ltd., a leader in workload lifecycle management solutions for the enterprise data center. PlateSpin allows the movement of workloads between physical and virtual environments regardless of platform or operating system. These capabilities, combined with Novell’s systems management solutions, enable customers to fully leverage their virtualization investments and reduce both costs and server sprawl in their data centers.
“The addition of PlateSpin to Novell’s existing enterprise IT management and Linux solutions will give …

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[31 Mar 2008 | No Comment | 2 views]

New Company to Deliver Innovative, Cost-Effective Non-Volatile Memory Solutions; Intel to Take Impairment Charge for First Quarter 2008
SANTA CLARA, Calif., March 31, 2008 – Intel Corporation today announced that the company has finalized and closed its transaction with STMicroelectronics and Francisco Partners to create a new independent semiconductor company Numonyx B.V. that will design, develop and manufacture NOR and NAND flash memory products. As part of the transaction, Intel has transferred the assets associated with its NOR flash memory business and certain assets related to the company’s phase change memory …

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[26 Mar 2008 | 4 Comments | 21 views]

Maybank is pleased to announce that it has today entered into a conditional sale and purchase agreement (“SPA”) to acquire up to 100% of Sorak Financial Holdings Pte Ltd (“Sorak”) for a cash consideration of approximately USD1.5 billion (RM4.8 billion) paving the way for Malaysia’s largest financial services group to be the controlling shareholder of Bank Internasional Indonesia (“BII”). The transaction price was agreed on a willing-buyer and willing-seller basis.
Sorak is 75%-owned by Financial Fullerton Financial Holdings Pte. Ltd., a wholly owned subsidiary of Temasek Holdings (Private) Limited, and 25%-owned …

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[25 Mar 2008 | One Comment | 0 views]

VMware Opens New Bangalore R&D Facility, Plans to Double Its Development Team in India to More than 1,000 People in the Next Two Years
BANGALORE, March 24, 2008 — VMware, Inc. (NYSE: VMW), the global leader in virtualization solutions from the desktop to the datacenter, today announced a multi-year initiative aimed at expanding its India-based research and development (R&D) operations.  VMware already has a strong presence across India with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai.  The initiative was announced today by VMware president and CEO Diane Greene at a …

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[19 Mar 2008 | No Comment | 0 views]

New Capital Will Fuel Global Expansion and Sales Initiatives
Pittsburgh, PA—Vivísimo, (vivisimo.com), a leading provider of enterprise search software and expertise, today announced the completion of its first institutional investment round of $4 million USD funded by Portland, ME based North Atlantic Capital (northatlanticcapital.com). The financing will support Vivísimo’s continued global expansion and strengthen the company’s sales and marketing efforts.
“We are excited about North Atlantic Capital’s decision to invest in our company and see this funding as a tremendous vote of confidence in our industry leadership and growth strategy,” …