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Avocent to Present at RBC Capital Markets Technology, Media & Communications Conference on August 7, 2008

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Avocent Corporation (NASDAQ: AVCT) today announced that Edward H. Blankenship, Senior Vice President of Finance and Chief Financial Officer, and

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Steelcase and Lab Crafters negotiate contract

Office furniture maker Steelcase Inc. said Monday it has negotiated a product agreement with Lab Crafters Inc., which manufactures products used in laboratories. Steelcase said the agreement will advance its market presence by combining Lab Crafters’ fume hood technology and industry expertise with Steelcase’s marketing, distribution and research-based product development. “This alliance will allow...

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SAP shuts down support arm sued by Oracle

German software maker SAP AG said Monday it will shut down TomorrowNow, a subsidiary that provided support for Oracle Corp. software and was accused of stealing information from Oracle. Bryan, Texas-based TomorrowNow was formed by former engineers at PeopleSoft Inc., with the idea of providing less expensive software support to PeopleSoft customers. SAP bought TomorrowNow in [...]

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Investment groups take control of SemGroup Energy

Oil and asphalt transportation and storage provider SemGroup Energy Partners LP said Monday that two investment groups holding a loan for its parent have taken control of the company and named a new board. Manchester Securities and Alerian Capital Management exercised their rights under loans to SemGroup Holdings LP to vote as the sole members of [...]

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Centralised & Secured Desktop Management with HMX solution

DESKTOP over IP solutions are designed for desktop administrators who need to physically separate the computer from the user in the work environment. Physical separation of the computer and user can be critical where security and/or environmental issues are major concerns. The Avocent HMX Desktop over IP solution provides the ideal solution for these environments, an Avocent official said.

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Avocent Corporation Q2 2008 Earnings Call Transcript

Avocent Corporation (AVCT) Q2 2008 Earnings Call Complete Story »

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Avocent Reports Record Second Quarter Revenue of $159.2 Million and Provides Third Quarter Outlook

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Avocent Corporation (NASDAQ:AVCT) today reported record second quarter revenue of $159.2 million, an increase of 6% compared with the second quarter of

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Mueller Water Products names Hart as finance chief

Mueller Water Products Inc. said Monday Even L. Hart has been names chief financial officer and senior vice president, effective July 16. Hart will replace Michael T. Vollkommer, who has resigned for personal reasons to pursue other interests and will stay on as a consultant for six months. Previously Hart was vice president and controller. Kevin G. [...]

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Avocent names Michael J. Borman as CEO

Information-technology infrastructure management company Avocent Corp. said Monday it named Michael J. Borman as chief executive, effective July 15.

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Avocent Taps Leading IT Industry Executive Michael Borman as CEO

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Avocent Corporation (NASDAQ: AVCT) today announced that its Board of Directors has named Michael J. Borman, 53, to serve as the Company

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Avocent Corporation (NASDAQ: AVCT) Announces Acquisitions

Avocent Corporation (NASDAQ: AVCT) has completed the acquisition of Touchpaper Group Limited, a privately held provider of IT business management solutions based in Woking, U.K., for approximately GBP 23 million (approximately $45 million). Avocent also announced that it has signed a definitive agreement to acquire the assets and liabilities of Ergo 2000, Inc., a privately held provider of rack-mounted...

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Movers roundup: Lennar, Avocent

Lennar Corp. shares fell to a nearly eight-year low Tuesday, continuing a downward trend, after the company reported dismal fiscal second-quarter results last week.

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Avocent Acquires Touchpaper and Ergo 2000, in a Strategic Move to Bolster Its Desktop to Data Center Solutions

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Avocent Corporation (NASDAQ: AVCT) today announced that it has completed the acquisition of Touchpaper Group Limited, a

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Shannon firm to lay off 64 workers

SHANNON INFORMATION technology (IT) company Avocent has confirmed plans to cut its workforce by over a third with the loss of 57 jobs, while seven further staff members face redundancy at its Dublin office.