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Barclays, IBM | October 08, 2013
Shares of IBM fell 1.2 per cent to $181.98 Monday after Barclays advised investors to pare holdings, with the bank cutting its price target from $250 to $190. Barclays downgraded its recommendation on the shares to “equal weight” (similar to “hold”) from “overweight” (or “buy”) because of concerns around the impact of cloud-based services on IBM’s cash flow....
| May 01, 2013
In today's ever-changing business climate, it's critical that small business owners get what they need right when they need it. Whether they're on their computers, tablets or mobile phones, it's more important than ever for businesspeople to have information right at their fingertips, wherever they are. This is exactly the convenience that cloud computing provides. For small and midsize businesses (SMBs), the benefits of cloud computing are endless. Cloud computing saves businesses time and mone...
| July 11, 2013
Saudi-Arabian mobile carrier Mobily (Ethiad Etisalat) has launched its Business Cloud Services (BCS) platform with Virtustream, a cloud computing management software provider.The two companies formed a strategic alliance earlier this year, agreeing to provide enterprise hybrid and public cloud services to support SMBs and large enterprises within Saudi Arabia and bring local businesses cloud support for popular enterprise applications – such as SAP, Oracle and Microsoft....
sdxcentral.com | January 23, 2020
Arista Networks bought SDN vendor Big Switch Networks, according to sources familiar with the deal.The purchase is Arista’s largest acquisition to date, according to a source. It’s also the networking vendor’s third acquisition Arista in 2018 snapped up cloud-managed WiFi firm Mojo Networks and then a month later bought Metamako, a provider of low-latency field programmable gate array (FPGA) products.While Arista ultimately won, Big Switch had a long list of suitors that wanted...
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