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  • Lenovo Sweetens PC, Server Financing

    Looking to soften the one-two punch of tighter credit from banks and slashed IT budgets, Lenovo has joined the ranks of IT hardware vendors that are sweetening their financing offers for end customers in order to boost sales through the channel. Lenovo told Channel Insider that it is offering 90-day no payment terms to end…

  • 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,…

  • Solution Providers to Detroit’s Big Three: Live Like Us

    As 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…

  • DO NOT PUBLISH — PER LARRY

    DO NOT PUBLISH — NEEDS WORK 12/03/08     Adtran (NASDAQ:ADTN) is putting on the boxing gloves and is looking to challenge the big infrastructure names such as Cisco (NASDAQ: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…

  • Tech Stocks Dive 7% in Monday Selloff

    It’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…

  • Clearwire Slows WiMax Network Development

    NEW 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.…

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