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Tag Archives: investment

IBM to Pump $100M in Global Big Data Labs

IBM Corp. (NYSE: IBM) is investing more than $100 million in new big data consulting laboratories across several locations worldwide, Asian Scientist Magazine reported Wednesday. The 10 new IBM interactive experience labs will be built in Bangalore, Beijing, Melbourne, Shanghai and Tokyo, according to the report. IBM intends to open …

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Siemens Invests $100M in New Manufacturing Systems; Siegfried Russwurm Comments

Siemens’ (NYSE: SI) corporate financing arm has moved to help startup businesses further efforts to develop manufacturing technologies through a new $100 million fund, TechCrunch reported Monday. Pankaj Mishra writes Siemens Venture Capital intends to finance firms that develop industrial automation systems and to facilitate alliances among companies in order …

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Nimrod Gindi to Lead Mellanox Technologies’ New Investment Arm; Eyal Waldman Comments

Mellanox Technologies Ltd. (NASDAQ: MLNX) has formed the Mellanox Capital investment arm, where Nimrod Gindi will serve as managing director. Mellanox Capital will invest in start-up and technology firms that develop tools for storage, computing, virtualization, cloud infrastructure, big data, application platforms and embedded technologies, Mellanox Technologies said Monday. Eyal Waldman, president …

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Report: Private Companies Ramp Up R&D Investments

Many private defense contractors in the U.S. have increased their investments in research and development initiatives, Defense News reported Sunday. Zachary Fryer-Biggs writes public defense vendors largely spend between 1 abd 2 percent of sales on new ideas and technologies. Private firms such as Alion Science and Technology are boosting …

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Dell, Carl Icahn Strike Ownership Limit Deal

Dell‘s (NASDAQ: DELL) board of directors and Carl Icahn have signed an agreement to limit the investor and affiliated entities from owning more than 10 percent of Dell. Icahn also agreed to not enter into agreements with other shareholders to own more than 15 percent of Dell’s shares between them, …

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Smartronix CFO Gerczak Eyes Cloud Growth With Synteractive Investment

  Smartronix has made a strategic investment in Synteractive, a Washington, D.C.-based technology consulting firm that focuses on strategy, business transformation and business solution engineering. Smartronix said the investment will allow Synteractive to expand its presence in the market for next generation solutions for migrating large, complex enterprises to the …

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