Recent Articles
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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…
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DataDirect Networks Introduces WOS 2.0 Storage Appliance
Information storage company DataDirect Networks unveiled the next generation of its Web Object Scaler system, WOS 2.0. With this release, DDN introduced accessibility and data protection features to complement an appliance built on a cloud storage system, which the company said is capable of scalable performance 70 percent faster than Amazon S3 and more than…
