Xerox To Acquire Affiliated Computer Services
Xerox Corporation and Affiliated Computer Services, Inc. today announced a definitive agreement for Xerox to acquire ACS in a cash and stock transaction valued at $63.11 per share or $6.4 billion as of the closing price of Xerox stock on Sept. 25.
Verizon Solves Enterprise Search Problem In Distinct Way
Delivering quick access to competitive information can be the difference between success and failure for many corporations. Today, large companies have difficulty providing that information to employees in a simple and efficient manner. Verizon Communications Inc. took a unique approach to meeting that goal by opting for a SaaS (Software as a Service) enterprise search solution.
Avaya Wins Auction For Nortel. What's Next?
If you have been following the Nortel break-up, you know that Avaya won the stalking horse bid for Nortel. The final price is $900 million, a bit less than twice Avaya's initial bid of $475 million, and encompasses all of Nortel's Enterprise assets including unified communications, switching and routing and security product lines. The deal also includes approximately $15 million for employee retention. Nortel expects the court to approve the deal this week and close by the end of 2009, pending r
The Value Of Agents
Agents are those little pieces of application code that need to be installed as a component of a larger application. There is the fear that installing an agent, or more accurately "yet another" agent on an application workload, is going to bring the whole server crashing to its knees. When a vendor begins to proclaim they are agentless and that anything with an agent is instantly evil and should be avoided, the truth is, as always, somewhere in the middle.
Global Capacity Announces Partnership With Geckotech
Global Capacity, Inc. (parent: Capital Growth Systems, Inc. (OTC Pink Sheets: CGSY)), the world's leading telecommunications information and logistics company, today announced that it has won a new contract to provide Remote Management Services to Geckotech, a provider of nationwide hosted VoIP services for businesses. Under the terms of the three-year agreement, Global Capacity will provide around-the-clock management of Geckotech's nationwide access network, quickly and accurately identifying,
What's Next In Enterprise Search?
Companies, large and small, have collected oodles of information now sitting in Storage Area Networks (SANs). The challenge many face is enabling employees to find a specific piece of information in a timely manner. Enterprise search products have emerged to help meet that need, but their impact has been mixed. While most companies use these products, they seldom meet all of an enterprise's search needs, leaving the market in a constant state of flux.
Avaya-Nortel: The Pushback
Any big combination, whether it's a merger or an acquisition, is tough to pull off--tough, but not impossible.