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Unisys Announces Third Quarter 2014 Financial Results

October 22nd, 2014 (0)

Unisys Corporation today reported third-quarter 2014 net income of $47.8 million, or 95 cents per diluted share, which included $17.9 million of pension expense. In the third quarter of 2013, the company reported a net loss of $11.6 million, or a loss of 26 cents per diluted share, ...

VMware Reports Third Quarter 2014 Financial Results

October 22nd, 2014 (0)

VMware, Inc. today announced financial results for the third quarter of 2014. Revenues for the third quarter were $1.52 billion, an increase of 18% from the third quarter of 2013. Operating income for the third quarter was $242 million, a ...

QLogic Releases Second Quarter 2014 Financial Results

October 21st, 2014 (0)

QLogic Corp. has announced its second quarter financial results for the period ended September 28, 2014. Second Quarter Highlights Net revenue: $127.5 million, up 7% sequentially GAAP net income: $11.0 million or $0.12 per diluted share Non-GAAP net income: $22.0 million, or $0.25 per diluted share, up 19% sequentially Operating margin: ...

SnapLogic Receives $20M in Series D Financing

October 21st, 2014 (0)

SnapLogic, Inc. today announced the initial closing of its $20 million Series D financing led by Ignition Partners, which will bring the company’s total financing to $60 million. Also participating in this closing are Andreessen Horowitz, H. Barton Asset ...

StackIQ Receives $6M in Funding

October 20th, 2014 (0)

StackIQ today announced it has completed a $6 million Series B round of funding. New participants in the round include Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd. Existing investors Anthem Venture Partners and Avalon Ventures also participated in ...

Avnet Named Authorized Global Distributor for Lenovo Enterprise Products

October 20th, 2014 (0)

Avnet Technology Solutions has been authorized globally as a Lenovo distributor. With this authorization, Avnet is now distributing Lenovo’s System x (x86) servers and related solutions, following the transition of IBM’s System x server business to Lenovo effective Oct. 1. ...

SanDisk Releases Third Quarter 2014 Results

October 17th, 2014 (0)

SanDisk Corporation today announced results for the third quarter ended September 28, 2014. Third quarter revenue of $1.75 billion increased 7 percent on a year-over-year basis and increased 7 percent sequentially. On a GAAP basis, third quarter net income was $263 million, or ...

AMD Announces Layoffs as it Misses Q3 Targets

October 17th, 2014 (0)

AMD has announced revenue for the third quarter of 2014 of $1.43 billion, operating income of $63 million and net income of $17 million, or $0.02 per share. Non-GAAP operating income was $66 million and non-GAAP net income was $20 million, ...

Nutanix Launches Web-scale Wish Datacenter Makeover Campaign

October 15th, 2014 (0)

Nutanix today announced it is bringing the benefits of Web-scale IT to non-profit organizations with the launch of Web-scale Wish – a project that will donate more than $500,000 in datacenter infrastructure to non-profit organizations. Often associated only with major ...

RANOVUS Announces $24M Round of Financing

October 10th, 2014 (0)

RANOVUS Inc. has announced a new $24 million USD round of financing. “The additional round of equity and growth capital financing, with participation from all our existing major investors as well as adding new investors, will help accelerate our expansion ...