Industry News

Extreme Networks, Inc. today announced the introduction of the Industrial Series Switches further enhancing the ExtremeSwitching™ line of products and rounding out the company's end-to-end, software-driven wired and wireless offerings for campus enterprises. The Industrial Ethernet Switches are designed to provide continuous uptime, manageability, efficiency, and high performance in the harshest operating environments."/>
Extreme Networks Introduces Industrial Switches to Deliver Operational Simplicity and Maximum Uptime in the Most Demanding Environments
Red Hat, Inc., the world's leading provider of open source solutions, today announced that Red Hat Enterprise Virtualization has been positioned by Gartner, Inc. in the“ Visionaries” quadrant of the August 2016 x86 Server Virtualization Infrastructure Magic Quadrant. With Red Hat Enterprise Virtualization, companies around the world are building a foundation for future technologies while..."/>
Red Hat Positioned in the Visionaries Quadrant of Gartner's 2016 Magic Quadrant for x86 Server Virtualization Infrastructure
ADTRAN ®, Inc.,, a leading provider of next-generation open networking solutions, today announced the expansion of its ProCloud Subscription Services with the addition of its Gigabit routers, IP business gateways and Session Border Controllers, increasing its cloud-managed services..."/>
ADTRAN Equips MSPs with Unmatched Range of Enterprise Solutions to Deliver the Network as a Service
Smith Micro Software, Inc. has released a rebranded and greatly expanded Anime Studio ® graphics application, now called Moho™ 12. The latest version of the company's award-winning, all-in-one tool for 2 D animation delivers 16 new major features, a new user interface, streamlined workflow tools, and five new characters, offering professionals, workgroups, and hobbyists an affordable tool to create..."/>
Smith Micro's New Moho 12, formerly Anime Studio, Delivers Cutting-Edge Animation and Convenience for Professionals and Workgroups
VersaPay Corporation, a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, today announced that R. Torre& Company, maker of the iconic Torani brand flavouring syrups, has chosen VersaPay ARC TM as the platform to automate its invoice to cash processes. "We ship our products all over the globe and are growing rapidly so we have to be progressive in automating processes to keep up with..."/>
VersaPay To Provide Torani With Accounts Receivable Automation Solution
VersaPay Corporation, a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, today announced that R. Torre& Company, maker of the iconic Torani brand flavouring syrups, has chosen VersaPay ARC TM as the platform to automate its invoice to cash processes. "We ship our products all over the globe and are growing rapidly so we have to be progressive in automating processes to keep up..."/>
VersaPay To Provide Torani With Accounts Receivable Automation Solution
Cavium, Inc., a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that the previously announced offer to exchange all of the outstanding shares of common stock of QLogic Corporation for $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic common stock has been extended pursuant to the marketing period..."/>
Cavium, Inc. Announces Extension of the Expiration of the Exchange Offer in Connection with the Proposed Acquisition of QLogic Corporation
InterCloud Systems, Inc., a leading provider of cloud networking orchestration and automation solutions and services, today reported financial results for the second quarter 2016.. 2nd Quarter and 6 Months Financial Highlights:. Revenue increased 16% year-over-year to $22.6 million Gross Profit increased 19% year-over-year to $5.2 million..."/>
InterCloud Systems Reports Second Quarter Results
ManTech International Corporation has been awarded two task orders by the General Services Administration Federal Acquisition Service on behalf of the U.S. Department of Homeland Security to provide cybersecurity and cloud solutions to combat cyber threats.. The first task order, known as Continuous Diagnostics and Mitigation and Continuous Monitoring as a Service for Group F Phases 1 and 2 Implementation, was awarded under the GSA Alliant..."/>
ManTech Awarded $110 Million for CDM Task Orders to Provide Cybersecurity Cloud Solutions and Combat Advanced Cyber Threats
Netflix to cast a "monopoly"- like shadow over the creative community. Speaking to reporters at the Television Critics Association Press Tour, Landgraf came armed with charts and statistics illustrating the mind-boggling proliferation of television..."/>
FX boss casts a wary eye toward Netflix and its massive amount of programming [East Bay Times]
Nuance Communications, Inc. today announced that IP Australia has deployed Nuance’ s Nina virtual assistant technology on their website to assist customers in the registration of trade marks. IP Australia aims to simplify interactions and improve customer service through the adoption of Nuance’ s virtual..."/>
IP Australia Simplifies Trade Marks Processes Online With Nina, Nuance’s Intelligent Virtual Assistant
Liquidity Services, a global solution provider in the reverse supply chain with the world’ s largest marketplace for business surplus, celebrates ten years of serving buyers and sellers in the Indianapolis region through its Plainfield distribution center. The distribution center serves as a centrally located hub for the company’ s online auction marketplace,, where professional..."/>
Liquidity Services Celebrates Ten Years in Indianapolis
Computer Services, Inc., a leading provider of financial technology solutions. Conducted by Harris Poll on behalf of CSI, a provider of financial technology solutions, the survey ran online May 9-11, 2016, and represents..."/>
CSI Consumer Survey: Nearly 3 in 10 Consumers Willing to Use Mobile Wallets in the Next Six Months
Validian Corporation, a leading innovator in cyber-security technology, is pleased to announce that the Company and Solana Networks, an innovative technology vendor, have partnered to develop Cyber Situational Awareness solutions aimed at improving the security posture of Enterprise Organizations and Service Providers. The range, complexity and impact of cyber threats faced by IT networks continues to increase."/>
Solana Networks Partners With Validian to Develop Cyber Situational Awareness Solutions
Microsoft Corp., Cognizant Technology Solutions Corp., CA Inc., and Iron Mountain Inc.."/>
Business Software & Services Stocks Under Review -- Microsoft, Cognizant Technology Solutions, CA Inc., and Iron Mountain
Xunlei Limited, a leading cloud-based acceleration technology company in China, today announced its unaudited financial results for the second quarter ended June 30, 2016.."/>
Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2016
EchoStar Mobile Limited, a subsidiary of EchoStar Corporation, has appointed Dr. Peter Couch, a veteran with 15 years' industry experience and a successful background in strategy and policy, as its new Director of Policy and Regulatory Affairs for Europe. Peter will report to Jennifer A. Manner, senior vice president of regulatory affairs."/>
EchoStar Mobile Appoints Peter Couch as Director of European Policy and Regulatory Affairs
ANSYS has reached an agreement with Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, engines, industrial turbines and diesel-electric locomotives, for software that allows for multiphysics analysis to be performed on a single engineering simulation solution platform. ANSYS software empowers heavy equipment manufacturing companies to better solve some of the industry's toughest design..."/>
Caterpillar To Deploy ANSYS Engineering Simulation Software
Avnet, Inc. today announced results for the fourth quarter and fiscal year 2016 ended July 2, 2016.. Sales of $6.2 billion, down 8% year over year and consistent with outlook Adjusted diluted earnings per share of $0.86; diluted earnings per share of $0.75 Repurchased $46.8 million in stock, paid $21.6 million in dividends Announced cash offer to acquire Premier Farnell plc. “In the June quarter, our Technology Solutions group delivered seasonal sequential growth while..."/>
Avnet Reports Fourth Quarter and Fiscal Year 2016 Results
Redknee Solutions Inc., a leading provider of real-time monetization and subscriber management software, is pleased to announce that it has won a multi-million dollar contract to upgrade a major Tier 1 communication service provider in Europe to the latest release of the Redknee Unified Application Server, part of Redknee's monetization and subscriber management suite. Redknee Unified is deployed in the CSP's virtualized data center and supports..."/>
Redknee Wins VoLTE Upgrade With Tier 1 Operator in Europe
Sunworks, Inc., a provider of solar power solutions for commercial and residential markets, today announced financial results for the quarter and six months ended June 30, 2016, and increased its full-year guidance. Record total revenue of $31.5 million, up 186% year-over-year due primarily to acquisition of Elite Solar and organic growth; 59% sequential revenue growth Gross Margins at 29.4% despite higher commercial business mix in the quarter Net..."/>
Sunworks Reports Record Second Quarter Revenue of $31.5 Million and Raises Full-Year Revenue Guidance

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