Acquisition stories - Page 186

After acquiring Motorola and IBM’s System x server business, Lenovo’s fiscal 1Q17/calendar 2Q16 earnings revealed lingering growing pains.

Data#3's profits soar by 30.4%, poised to hit a £1bn revenue as it pivots towards service-centric IT solutions amidst a tech evolution.

As Cisco transitions the business model, the savings from global headcount reductions will be invested to further expand software and services.

2degrees remains tight-lipped on speculation about a possible AUD $900 million acquisition by Australian telco TPG, quelling merger rumours.

Vendors are looking at new technologies to drive long-term growth, including hyperconverged platforms, SDN and hybrid cloud solutions.

A push into enterprise managed services and demand for digital transformation are propelling Intergen to new growth.

Dick Smith Electronics' failure has had a golden lining for JB Hi-Fi, which has seen its profit and sales climb since DSE's exit from the market.

Blue Reach, Freeview, InternetNZ, Spark, Trustpower, TUANZ, TVNZ and 2degrees all have serious concerns about the Sky-Vodafone merger.

Juniper Networks acquires Aurrion, targeting enhanced data center connectivity and cost-effective bandwidth, ignited by rising online demands.

Spark says mobile and platform IT services now outweigh declining areas of the business, which Spark's chairman says reflects a turning point.

CITIC Telecom's net profit of HK$410 million has made the company more determined than ever to continue its data center and network expansions.

Dicker Data, the ICT distributor, claims 53% of resellers would change vendors if a subscription model wasn't offered.

Spark has formally announced that it is opposing the Sky TV/Vodafone merger, citing Sky's unfair monopoly on the wholesale sports content market.

Singapore-based Keppel DC REIT has acquired a data center building in Milan, Italy for approximately S$57.3 million.

APAC is expected to have great opportunities in the market, owing to the increasing adoption of modular data center technology in the region.

AVG has announced its second quarter 2016 financial results, bringing in $105 million ahead of its merger with Avast in the coming months.

HPE continues its investment in big data technology as the company acquires SGI, a data analytics, data management and compute solutions provider.

The completion date for Ingram Micro's sale to Tianjin Tianhai has been delayed to enable a US review of security implications to be completed.

Symantec's eight-quarter revenue decline will stop in 3Q16, thanks to acquisition of Blue Coat, says TBR analyst.

Neo Telemedia, has attributed some of its HK$1,753,076,000 revenue to its data center portfolio, including 60% equity in provider Ghangzhou Zitou.