Privately held Tidal Software has been acquired by Cisco for USD150 million in cash. Tidal, located in San Jose, California develops management software that automates business processes. Tidal automates routine tasks that often span multiple servers and operate independently, and has Citibank and Microsoft among its more than 600 customers.
Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, has announced the opening of the second phase expansion of its New York-4 (NY4) International Business Exchange (IBX) data center in Secaucus, NJ. ACTIV Financial, a leading provider of market data content and technologies, and next-generation displayed markets provider Direct Edge will be among the initial customers of the $82 million expansion, which will add 1,100 cabinets of capacity to Equinix's data center footprint.
Telecity Group plc, a leading pan-European provider of premium network independent data centres, has issued an Interim Management Statement for the period from 1 January 2009 to the 5th May 2009.
Highlights of the statement include:
- Trading continues to be strong, with the revenue growth rate during the first quarter of 2009 sustained at the levels achieved in the full year 2008
3PAR Inc. (NYSE: PAR), a leading global provider of utility storage, has reported results for the fourth quarter of fiscal year 2009, which ended March 31, 2009. Revenue for the fourth quarter was $48.5 million, an increase of 37% compared to revenue of $35.5 million for the same period a year ago, and an increase of 1% compared to $48.2 million in the prior quarter, which ended December 31, 2008.
Cisco (NASDAQ:CSCO), a worldwide leader in networking that transforms how people connect, communicate and collaborate, today reported its third quarter results for the period ended April 25, 2009. Cisco reported third quarter net sales of $8.2 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.3 billion or $0.23 per share, and non-GAAP net income of $1.8 billion or $0.30 per share.
Highlights of the results include:
Q3 Net Sales: $8.2 billion (decrease of 17% year over year)
Cogent Communications, the multinational, Tier 1 facilities-based ISP, has announced its financial results for the first quater of 2009 and has reaffirmed its 2009 guidance.
Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of managed IT infrastructure services, has announced that VMware, Inc. (NYSE:VMW), a global leader in virtualization solutions from the desktop to the datacenter, will acquire an equity stake in the Company.
Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of managed IT infrastructure services, has reported its results for the quarter and fiscal year ended March 31, 2009.
The Company exceeded previously announced adjusted EBITDA guidance for the quarter and the fiscal year with $22.1 million and $61.3 million, respectively. The Company also delivered record bookings of $31.8 million for the quarter ended March 31, 2009.
Chatsworth Products, Inc. (CPI), a global manufacturer of products and service solutions that optimize, store and secure IT equipment, has announced that it has acquired Epicenter, Inc., Westborough, Mass., an industry leading provider of data center infrastructure management tools to the enterprise and managed services market.
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