Recent Articles
-
Cisco Smart Grid Plans include Arch Rock Acquisition
SAN FRANCISCO, Sept 2 (Reuters) – Network equipment maker Cisco Systems Inc (NASDAQ:CSCO) said on Thursday it was buying start-up Arch Rock for an undisclosed sum as it aggressively moves to expand in the growing smart grid market. The news of the acquisition comes a day after the networking giant said it was teaming up…
-
Positive Economic Indicators Help Quell Fears of Double-Dip Recession
(Reuters) – Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping quell fears the economy could face a double-dip recession. The data released on Thursday, including sturdy sales from U.S. retailers last month, followed a report on Wednesday showing a surprising gain in…
-
Majority of Enterprises to Use Cloud-Based E-Mail by 2020, Report Says
As companies like Google, Microsoft and IBM enter into the cloud e-mail and collaboration services (CECS) markets as part of an effort to deliver the next generation of workplace solutions, e-mail is likely to undergo major changes, according to a report from IT research firm Gartner. The firm estimated that CECS is just a small…