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DDN Reports Results for First Half of 2014
August 19th, 2014 (0)
DataDirect Networks (DDN) today announced impressive revenue traction for the first six months of 2014, demonstrating a strong trajectory of profitable growth for the company heading into the second half of the year. The company added more than 20 net ...

Speakers Announced for EnterpriseHPC’14 Summit
August 18th, 2014 (0)
The EnterpriseHPC’14 summit, the world’s first live event dedicated to exploring the emergence of advanced scale enterprise computing, today announced the line-up of speakers for the program, including keynotes Vince Gennaro, President of the Society for American Baseball Research ...

SGI Opens New German Subsidiary as SAP Center of Excellence
August 18th, 2014 (0)
SGI has opened a new subsidiary called SGI GmbH that will operate as an SAP Center of Excellence in Heidelberg, Germany as part of a strategic move to more closely support SAP business initiatives. The Center, which will open ...

CFIUS Approves Sale of IBM x86 Business to Lenovo
August 18th, 2014 (0)
IBM is pleased to announce it has received notice from the Committee on Foreign Investment in the United States (CFIUS) of the successful conclusion of the committee’s review of the divestiture of its x86-based server business to Lenovo.  The clearance ...

Extreme Networks Reports Fourth Quarter Financial Results
August 15th, 2014 (0)
Extreme Networks, Inc. has released financial results for the fourth quarter of fiscal year 2014, ended June 30, 2014.  GAAP revenue was $155.3 million and non-GAAP revenue was $156.9 million.  GAAP net loss for the fourth fiscal quarter was $16.2 million, or $0.17 per share, and non-GAAP ...

Scale Computing Announces Q2 Financial Results
August 15th, 2014 (0)
Scale Computing announces a record quarter in Q2 2014, with 30% growth over the previous quarter. In addition, Scale Computing’s Q2 sales pipeline grew by over 50% versus the previous quarter. As a result of its Q2 record sales, ...

NetApp Reports First Quarter Fiscal Year 2015 Results
August 14th, 2014 (0)
NetApp has reported financial results for the first quarter of fiscal year 2015 ended July 25, 2014. First Quarter Financial Results Net revenues for the first quarter of fiscal year 2015 were $1.49 billion. GAAP net income for the ...

Intel to Acquire LSI’s Axxia Networking Business
August 14th, 2014 (0)
Avago Technologies Limited and Intel Corporation today announced the signing of a definitive agreement for Intel to acquire LSI's Axxia Networking Business and related assets for $650 million in cash. The transaction, which has been approved by the boards ...

Global Consortium to Build New Trans-Pacific Cable System
August 13th, 2014 (0)
A consortium of six global companies announced that they have signed commercial agreements to build and operate a new Trans-Pacific cable system to be called “FASTER” with NEC Corporation as the system supplier. The FASTER cable network will connect ...

Netlist Reports Second Quarter 2014 Financial Results
August 13th, 2014 (0)
Netlist, Inc. has reported financial results for the second quarter ended June 28, 2014. Revenues for the three months ended June 28, 2014, were $4.9 million, compared to revenues of $5.1 million for the second quarter ended June 29, ...
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