VMware has bucked recent hiring trends in the tech sector by announcing 900 job losses, despite unveiling a three per cent rise in 2012 income to $746m (£475m), while revenue rose 22 per cent to $4.61bn (£2.94bn). The ...
Tags: VMware, Server Virtualisation
SCHOTT will be unveiling a real highlight at BAU 2013 in the form of a glass wall that is composed of profile tubing. The international technology group will be presenting CONTURAX Pro, innovative non-round glass tubing that offers ...
Tags: BAU, 2013, Glass Profiles, SCHOTT
The international technology group SCHOTT will be presenting solutions in the areas of security and fire protection, as well as architecture and design, at BAU 2013. One particularly spectacular highlight at the exhibition will be the ...
Tags: SCHOTT, BAU, 2013, security and fire protection
At its meeting on 19 December, the board of directors at Biesse spoke in favour of an extension until 10 August 2013 of the short-time working arrangement agreed in 2012. The state-subsidised short-time set-up (Cassa integrazione ...
Tags: Biesse, rotation, restructuring measures
A number of signs suggest that next year will see a surge in tech companies selling off assets and product lines for both financial and strategic reasons, according to a recent report by consulting firm PricewaterhouseCoopers. "PwC has ...
Tags: tech companies, PwC, divestiture planning, 2013
Mexico-Mexico City-based Representaciones de Audio have been appointed territorial distributors for SGM Lighting. The agreement was reached with SGM's Antonio Parise during the recent Sound Check Expo in Mexico and the appointment will ...
Tags: Mexico, distributor
At the end of October, GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets) ...
Tags: GT, sapphire furnace, solar, LED
GT Advanced Technologies Inc of Merrimack, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and electronics markets) has acquired certain ...
Tags: GT, Twin Creeks, sapphire furnace, polysilicon
Mainz, November 15, 2012 – The technology company SCHOTT has now developed a Wall System that meets even the highest demands for interior design. As a complete package of high-quality glass solutions, it enables installations like ...
Tags: Glass Wall System, Glass Wall, high quality glass, Interior Design
As it looks to sharpen its focus and renew its ambition in mid-market womenswear,family fashion business Veldhoven Group announced that it has agreed to purchase Dutch womenswear brand DEPT with immediate effect. The Group,a multinational ...
Tags: Dutch womenswear, Veldhoven Group, Acquisition, DEPT
With the opening of another warehouse facility in China, Greven-based contract logistics specialist, Fiege, is underlining its focus on the core markets of Europe and Asia, especially China, and now has a total of twelve sites in the ...
Cisco Systems is to cut around 1,300 jobs or 2% of its workforce in continued efforts to cut costs and streamline decision making. The company said in a statement: "We routinely review our business to determine where we need to align ...
Tags: Cisco Systems, jobs, workforce
German steel giant ThyssenKrupp while announcing the results has given following outlook From today's perspective, the Group's performance in the 2012/2013 fiscal year will be characterized to a very large extent by the continued ...
Tags: outlook, ThyssenKrupp, operations, organic growth
French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
Dutch meat supplier Vion has announced it wants to quit the UK, a market it has said suffers from over-capacity and "extremely challenging" trading conditions. Vion said today (19 November) it is already in "detailed discussions with a ...
Tags: Meat giant, Meat, Dutch meat, meat sector