Year: 2008
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Crafting Tech Opportunities amid Economic Ruin
While IT solution providers may be seeing their business customers push out payments or delay deals, they are taking the now-confirmed recession in stride. “It’s not like we are in the auto industry facing bankruptcy,” says Ken Lamneck, Tech Data’s president of the Americas, speaking about business and the current economy. “Our partners serve SMBs,… Read more
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Solution Providers to Detroit’s Big Three: Live Like Us
Categories: News and TrendsAs the top three auto makers head back to Washington, D.C. today to ask for $25 billion in additional loans to assist them as they look to survive the growing economic slump, technology solution providers have some advice for them. Know Your Strengths Many solution providers know that you cannot be all things to all… Read more
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DO NOT PUBLISH — PER LARRY
DO NOT PUBLISH — NEEDS WORK 12/03/08 Adtran (NASDAQ:ADTN) is putting on the boxing gloves and is looking to challenge the big infrastructure names such as Cisco (NASDAQ: CSCO) and Juniper (NASDAQ: JNPR) in the SMB networking market. Although Adtran is basically 1/80th the size of market giant Cisco, Adtran believes that there… Read more
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Tech Stocks Dive 7% in Monday Selloff
Categories: News and TrendsIt’s official. The National Bureau of Economics announced the U.S. is in a recession and has been since this time last year. A new report issued Monday showed manufacturing activity stands at 26-year lows and the jobs report on Friday will likely surge as a result of several recently announced layoffs. Investors responded to the… Read more
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Clearwire Slows WiMax Network Development
Categories: News and TrendsNEW YORK (Reuters) – Clearwire Corp may build its high-speed WiMax wireless network more slowly than originally planned if credit markets do not improve by early 2010, Chief Executive Benjamin Wolff said on Monday. Clearwire, whose shares rose 15 percent in Monday’s trading, completed its venture deal with Sprint Nextel and other partners on Friday.… Read more
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Intel, Hitachi Will Develop Solid-State Drives
TOKYO (Reuters) – Japanese electronics conglomerate Hitachi Ltd said it and U.S. chipmaker Intel Corp would jointly develop solid state drive (SSD) memory devices, which are seen as a promising alternative to hard disk drives. The move marks a strategic shift for Hitachi, the world’s third-largest hard drive maker, which until now has not made… Read more