Cisco is planning to acquire internet video company Inlet shortly. The deal is said to be worth $95 million (£59 million) in cash. The deal to acquire all the shares of Inlet is likely to be concluded by July-August 2011. (more…)
HP is planning to invest $122 million to build a new data center in the suburbs of Sydney, Australia. (more…)
Alcatel-Lucent displayed a new technology that shrinks mobile phone base stations to sizes just larger than a golf ball. (more…)
Colocation firm RagingWire Enterprise Solutions has secured $75 million in credit to finance their new Sacramento Data Center Campus and other similar sites under due consideration. (more…)
Canonical has partnered with Dell to integrate Ubuntu Enterprise Cloud on Dell PowerEdge servers. (more…)
The new HTC Inspire 4G with AT&T as carrier is being made available for pre-order through Radio Shack. (more…)
Web hosting provider Equinix would be using recycled Newater in their new Data Center coming up in Singapore. (more…)
Telecommunications provider CornerStone Telephone has acquired Web hosting and data center provider ActiveHost, this being sixth acquisition to date. (more…)
Earlier, Intel had identified a major bug in a 6 Series chipset support chip, code named Cougar Point (”Sandy Bridge”) processing platform. (more…)
Wells Fargo will repay $25 billion to the U.S. Treasury after the completion of a $10.4 billion “common stock offering” (basically they will print off their corporate currency, stock, and exchange it for US currency). After issuing $10 billion worth of common stock, Wells Fargo expects to repay the TARP bailout. (more…)
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