Search Results for: Cisco

Lockheed-Led Team to Build Future NATO HQ Network Infrastructure; Angela Heise Comments

Lockheed Martin (NYSE: LMT) will lead a team of six companies to develop a network infrastructure for NATO’s future headquarters complex in Brussels, Belgium under a potential $100 million contract. Cisco (NASDAQ: CSCO),  Dell (NASDAQ: DELL),  Microsoft (NASDAQ: MSFT),  Prodata Systems and SELEX Elsag will work with Lockheed to build the network for facilitating communication among NATO …

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Maureen Carter Named Deloitte Digital Creative Director for Public Services; Rob Frazzini Comments

Maureen Carter has been named creative director at Deloitte Digital with responsibility for initiatives designed to help federal clients modernize the delivery of public services. The former Nickelodeon digital brand creative vice president has worked for several entertainment firms including BMG, Comcast and Time Warner, Deloitte said Tuesday. “Maureen’s appointment …

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URS Corp. 2Q Revenue Up 4%, Oil & Gas Jumps 74%

URS Corp. (NYSE: URS) recorded a 4 percent year-over-year increase in revenue for the second quarter of its 2013 fiscal year that ended June 28, the company said in its Tuesday earnings release. The San Francisco-based engineering and construction contractor also recorded $67.3 million in net income for the quarter, …

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BMC Software Buys KineticGlue

BMC Software has acquired Bangalore, India-based social network KineticGlue Online Communities for an undisclosed amount, VCCircle reported Friday. Sainul Abudheen writes the KineticGlue platform works to help separate teams collaborate online, as well as manage employees, documents and tasks. The company, founded by Akansa Capital founder and former Wipro CEO Vivek …

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Abe Peled, Simon Bax Join Inmarsat Board

Abe Peled and Simon Bax have been appointed non-executive directors to Inmarsat‘s board, effective immediately. Peled becomes a member of the nominations committee while Bax joins the remuneration committee, Inmarsat said Tuesday. Peled currently serves as senior vice president of Cisco‘s (NASDAQ: CSCO) video and collaboration group and advises U.K.-based Permira …

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Blackstone Group Cancels Dell Takeover Bid

Blackstone Management Partners LLC has withdrawn its bid to acquire Dell (NASDAQ: DELL) following its due diligence process. Dell’s special committee received the notice through Boulder Acquisition Corp., a partner in the Blackstone-led group that submitted a takeover offer in late March,  Dell said Friday. Blackstone and its partners offered …

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Jim Freund Assumes Intelligent Decisions Strategy, Planning VP Role; Harry Martin Comments

Jim Freund, a 21-year Cisco (NASDAQ: CSCO) veteran and director for collaboration and smart solutions, has joined Intelligent Decisions as vice president of strategy and planning for enterprise sales. Freund will oversee the company’s offerings in cloud, collaboration, remote expert, virtualization and bring-your-own-device as the company aims to grow in the …

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URS FY 2012 Revenue Up 15, 4Q Jumps 24%; Martin Koffel Comments

URS Corp. (NYSE: URS) has announced financial results for its full 2012 fiscal year ended Dec. 28, 2012. The San Francisco-based engineering and government contractor reported $10.97 billion in revenue for the full year, a 15-percent increase over fiscal 2011 figures. Fourth quarter 2012 revenue increased 24.2 percent over the prior …

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Steven Picot Named Vion Federal Sales VP; Tom Frana Comments

Steven Picot, an eight year Cisco (NASDAQ: CSCO) veteran and its former operations director, has joined Vion Corp. as vice president of federal sales. The former U.S. Marine Corps captain will lead all federal sales activities for the Herndon, Va.-based storage and server provider, Vion said Wednesday. “We are elated …

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Cubic Acquires NextBus Inc. for $21M; Steve Shewmaker Comments

Cubic Transportation Systems (NYSE: CUB) has acquired NextBus Inc. from real-time passenger information systems company Webtech Wireless Inc. for a total of $21 million, subject to the terms of the purchase agreement. “As part of the Cubic family, NextBus will have the additional resources and capabilities to expand more rapidly while adding …

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