Maria Deutscher
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Teradata Acquires Aprimo for $525M
Atlanta-based data storage company Teradata had recently announced it will buy Aprimo, a web-based marketing software developer, for $525 million. The deal is expected to be closed during Q1, 2011. In addition to assuming $25 million in Aprimo’s cash, Teradata is also adding marketing camp gain analytics to its offerings portfolio by acquiring the Indianapolis-based ...
Mark Hurd Asks to Intervene in Shareholder’s Lawsuit
According to Bloomberg, HP’s former chairman and CEO Mark Hurd today asked Delaware judge Donald Parsons Jr. to allow him to intervene in a shareholder’s lawsuit and add his name to Hewlett-Packard’s books and records. The intervention would allow Hurd to fight to keep a letter from Gloria Allred about his departure confidential. “The letter ...
HP Lands $2.5BN Contract with NASA
Hewlett-Packard has landed a $2.5 billion, 10 year contract with NASA to manage the bulk of the space agency’s IT infrastructure including personal-computing hardware, standardized software, peripherals and, more. According to the Bloomberg article, this will be a powerful windfall for HP as NASA is a hugely recognized fixture of advancing eras. “It’s basically everything that’s ...
WalMart invests in Chinese 360buy.com
China’s e-commerce market has been seeing significant growth lately, which became the motive behind Walmart’s and 5 other investors’ $500 million investment in the e-commerce consumer electronics seller, 360buy.com. The site has a similar business model to that of Amazon, as it’s a direct competitor of Alibaba Group’s Taobao, the leader in the Chinese e-commerce market. ...
The FalconStor Ride: a Year in Review
Data protection solutions provider FalconStor has seen a lot of ups and downs in the past 6 months, ever since it first launched the FalconStor Network Storage Server (NSS) SAN Accelerator for VMware View(TM). The SSD-enhanced storage solution was launched back when FlaconStor was just another hot start-up, and not involved with improper payments associated ...
2011 Mobile Growth, Android in the Highlight
A recent Fortune report has added to an array of highly optimistic 2011 mobile and smartphone growth predictions. Amid the items: handset prices are expected to plummet, Asia anticipates see immense mobile growth in the coming year, and Android is in the spotlight. “In 2011, we might see half a billion phones sold worldwide. Smartphones ...
DailySteals the latest to Add Facebook Deals Integration
DailySteals.com, a daily deal Groupon competitor has announced it has introduced Facebook integration, taping the huge market around Facebook coupon seekers and social-networking. In addition to potentially gaining a huge amount of additional exposure and multiple free promotional channels, the 9,000-times-liked Daily Steals fan page is also following an existing trend. “The 1 deal a ...
SiliconANGLE Personal Cloud Round Up
The personal cloud is taking over and is playing a bigger and more sophisticated part in the tech consumer’s life. Recent evidence of this is the release of Dropbox 1.0, which we covered here; the cross-platform cloud-based file sharing manager is gaining momentum in its segment of the market. “Version 1.0 carries some serious improvements including ...
Google Signs its Biggest Real Estate Deal Yet
Google has officially closed its biggest real-estate deal yet, as the search giant has bought the 111 8th Avenue building in Manhattan’s Chelsea neighborhood for an undisclosed sum. The deal is reportedly the largest single asset sale of its kind this year, which is no wonder, considering the building stretches 18-stores high and almost 3M ...
HP-ex Mark Hurd Continues to Fight Accusation
As the Guardian covered here, Hewlett-Packard-ex Mark Hurd continues to fight against the public release of an 8-page letter, which allegedly accuses him of sexual harassment concerning his relationship with former actress and HP contractor Jodie Fisher. “Lawyers representing HP shareholders have started a legal action to have the eight-page letter released. It is under ...