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Business Wire (Free subscription) | 2 hours ago
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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SignalBlog (Free subscription) | 07/21/2008
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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SignalBlog (Free subscription) | 07/21/2008
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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SignalBlog (Free subscription) | 07/21/2008
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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Business Times Asiaone (Free subscription) | 07/20/2008
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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Business Wire (Free subscription) | 07/17/2008
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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SignalBlog (Free subscription) | 07/15/2008
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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Business Wire (Free subscription) | 07/14/2008
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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Technology News (Free subscription) | 07/04/2008
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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Boston Globe (Free subscription) | 07/01/2008
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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Business Wire (Free subscription) | 07/01/2008
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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The Irish Times (Free subscription) | 07/01/2008
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.