Recent Articles
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Dell, EMC Kill Storage Reseller Partnership Two Years Early
Something that has been talked about openly in storage circles for more than two years has come to pass: Dell and EMC are parting ways in selling storage hardware, and they are ending their agreement two years early. Now Dell and EMC are officially competitors. Following a complicated 10-year partnership that was to run until…
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Apple iPhone 4S Sales Hit 4 Million in First Weekend
Apple sold more than 4 million iPhone 4S units during its first weekend in release. That surpasses estimates by Piper Jaffray analyst Gene Munster, who predicted in an Oct. 14 research note the company would sell between 2 million and 2.5 million units during that same period, including the 1 million preorders. Certainly, lines formed…
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Polycom Acquires Video Collaboration Specialist ViVu
Unified communications firm Polycom announced the acquisition of ViVu, a privately held video collaboration software company. ViVu has developed video collaboration software that can be embedded into enterprise, social and vertical industry applications to enable Web-based high-definition video collaboration. The acquisition gives Polycom a means to more quickly embed HD video into Web-based applications through…
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OnForce Reduced Business IT Spending Hurting Profits
OnForce Reduced Business IT Spending Hurting Profits While IT field service professionals are pessimistic about the economy, nearly 25 percent have seen an increase in business during these tough times. No Title Networking service professionals, in particular, seem to be faring well with 63 percent saying that downturns in the economy have either increased business…
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Zenith Infotech Defaults, Zenith RMM Spin Off Questioned
Zenith Infotech has defaulted on $33 million in foreign currency convertible bonds, and the default has apparently triggered remaining bonds to come due for a total of $85 million, according to the Times of India. One of the bondholders, New York-based QVT Financial, told the Times that the default means the other bonds are accelerated…
