Recognized for adoption of independent software support and cloud services, enabling the reallocation of IT budget to new strategic initiatives 

LAS VEGAS -Friday, February 17th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- Rimini Street, Inc., the leading global independent provider of enterprise software support services for SAP SE’s (NYSE:SAP) Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail, Oracle Agile PLM and Oracle ATG Web Commerce software, today announced that Kumagai Gumi Co., Ltd. received the IT Special Award from the Japan Institute of Information Technology (JIIT). The organization was recognized for its innovative utilization of Rimini Street independent support and adoption of cloud services that have allowed the company to save IT budget and resources, and reallocate these saving ... Read more »

New test solution combines four 50G lanes to scale up to 200Gbps

SAN JOSE, Calif. -Friday, February 17th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- Spirent Communications Plc (LSE: SPT), an industry leader in test and measurement, today announced the world’s first 200G Ethernet Test System. This additional Ethernet speed is enabled by new 50G electrical interfaces, which allows the deployment of cost-effective 50G links from high performance servers to a new generation of switches and routers. Within these devices, 50G interfaces can easily be combined to build higher speed connections to other systems within the data center or out to the cloud.

According to the IEEE, 200G will be the next area for explosive growth in the Ethernet ecosystem due to the insatiable demand for more bandwidth in mobile devices, high-speed data center servers, internet-enabled entertainment (especially video), cloud computing and social media.

“The 200G Ether ... Read more »

HONG KONG -Friday, February 17th 2017 [ ME NewsWire ]

    Revenue was US$12.2 billion
    Pre-tax income was US$101 million
    Net income was US$98 million
    Lenovo’s PC business outperformed the industry with revenue growth at two percent year-over-year
    Record PC market share of 22.4 percent worldwide
    Basic EPS of 0.90 US cents or 6.98 HK cents

(BUSINESS WIRE)-- Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenue was US$12.2 billion, a six percent decrease year-over-year. Third quarter pre-tax income was US$101 million, a 68 percent decline year-over-year. Net income fell 67 percent year-over-year to US$98 million.

Lenovo faced sizeable challenges in its three main lines of business, namely data center, mobile devices, and PCs and smart devices, all three industri ... Read more »