A year-long investigation by a U.S. congressional committee has reportedly concluded that Huawei Technologies and ZTE pose a security threat to the nation, and the committee is advising U.S. firms to buy networking gear from other vendors. ...
Tags: Huawei Technologies, ZTE, security threat, networking gear
Intel shaved about a billion dollars off its third-quarter revenue forecast on Friday, blaming the global economy for slowing sales. It will announce full results for the quarter on Oct. 16. The company had previously predicted ...
Tags: Intel, revenue, global economy, forecast
Intel on Monday said it is developing high-performance server chips that in the future will serve up faster results from cloud services or data-intensive applications like analytics, all while cutting electricity bills in data centres. ...
Tags: Intel, chip, server chip, cloud service, fabric controller
Cisco has reportedly cut ties with Chinese telecom vendor ZTE after allegations that ZTE sold Cisco gear to Iran. In June, a Reuters story revealed that Cisco, HP and Oracle gear was being sold to an Iranian mobile operator despite U.S. ...
Tags: Cisco, ZTE, Oracle gear
Reuters reported that Russian freight operator Globaltrans Investment has won the right to buy MMK-Trans a subsidiary of Magnitogorsk Iron & Steel Works. The Kommersant daily citing several sources reported that MMK owns a 50% in ...
Tags: freight operator Globaltrans Investment, MMK Trans, Russia
BWA Water Additives has been a major supplier of water treatment additives for almost 40 years. The company’s antiscalant additives are now playing a vital role in keeping reverse osmosis systems working efficiently in desalination ...
Tags: BWA Water Additives, water treatment, desalination, osmosis system
BioScrip, a provider of comprehensive infusion and home care solutions, has agreed to buy HomeChoice Partners for $70.0m in cash. Subsidiary of DaVita HealthCare Partners, HomeChoice is involved in providing alternate-site infusion ...
Tags: home care solutions, HealthCare, pharmacy services, infusion business
Broder Bros., Co. the nation's largest distributor of imprintable apparel, announced the appointment of Norman Hullinger as Chief Executive Officer. Having been with the company for the past decade, Mr. Hullinger was most recently Chief ...
Tags: apparel, apparel brands, embroidery, apparel industry
PPG Industries announced that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, N.V., Amsterdam, in a deal valued at $1.05 billion. The transaction has been approved by the ...
Tags: Architectural Coatings Business, Architectural Coatings
A supplier of plastic, glass, and metal containers and closures Berlin Packaging announced that it had acquired of United States Container (USCC), a distributor of industrial and rigid packaging. With the transaction, Berlin Packaging ...
Tags: Berlin Packaging, USCC, packaging
New Mobile and Social Configure-Price-Quote Software extends the social enterprise. CHICAGO,IL,September 18,2012/24-7PressRelease/--Today at Dreamforce 2012 in booth 1307 in the Cloud Expo,Cameleon Software will demonstrate its new ...
Starwood Capital private investment group has unveiled Baccarat Hotels & Residences luxury hotel brand. The brand has been created to fill a niche in the very top of the upscale hotel market and bears the revered name of the world-renowned ...
Bri Chem Corp a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe is pleased to announce that Bri-Chem has closed a ten million dollar subordinated debt facility with Fulcrum Capital ...
Tags: oildrilling, gas drilling, steel pipe, Fulcrum Capital Partners
Sims Metal Management Limited the world's largest listed metal and electronic recycling company announced the sale, effective November 30th 2012, of its Arizona scrap metal recycling assets to SA Recycling LLC. SAR is a joint venture owned ...
Tags: scrap metal recycling, metal and electronic recycling company
Amcor has announced that the company’s profit after tax (PAT) before significant items increased by 11.3% to $634.9m for the year ended 30 June 2012. Amcor managing director and CEO Ken MacKenzie said its full year result ...