Industry News

ShoreTel posts revenue growth in Q2

Phone systems and unified communications solutions provider ShoreTel has posted a 13% year-on-year growth to $84.5m (€61.2m) for the second quarter of its fiscal year 2014.

Best tech growth in UK for ten years

The UK tech sector shifted up another gear during the fourth quarter of 2013, with strong inflows of new work driving the steepest expansion of business activity for almost a decade, according to the latest KPMG/Markit Tech Monitor UK report.

LogicNets joins forces with Dutch specialist

US software specialist LogicNets has entered into partnership with a Dutch technology solutions provider ICT Automatisering to reach customers in Western Europe.

Halcyon names new sales head for Europe

Halcyon Software, provider of multi-platform systems management software, has appointed Philip Pearson as its new Senior Sales Manager for Europe.

Mixed views in channel on IBM server sale

The sale of IBM's x86 server business this week after a 25% fall in its hardware sales was read alongside Microsoft's good server software results by the channel.

Avnet beats expected results

Avnet's Q2 earnings beat management's guidance range and were also up 11.3% on a year-over-year basis. Revenues came in at $7.42 billion, up 10.8% from the year-ago quarter.

Microsoft shows Commercial side strength

Microsoft shares rose after it indicated Q2 commercial sales rising, even though it is also lowering its FY14 (ends June '14) opex guidance range to $31.2bn-$31.5bn from a prior $31.3bn-$31.9bn.

CPA Global buys Swedish IP services provider

CPA Global, intellectual property (IP) management and software specialist, has announced it has bought a Sweden-based IP services provider Patrafee AB, along with related businesses and IP services products.