Market & Technology News

Alcatel-Lucent back in profit

Alcatel-Lucent made a net profit of €134m in Q4, a rebound from a loss of €1.56bn a year earlier, when the company took over a €1bn in impairment and restructuring charges. Revenue dropped 4.1% to €3.93bn, below forecasts of €4.18bn.

Egnyte expands into Europe

Enterprise File Sharing platform provider Egnyte has announced its expansion plans into Europe and in the US.

EU claims unique Google concessions

The EU says it has won concessions from Google over its search engine tools which go beyond any other regulatory deal, especially those in the US.

M2M grows fast, driven by mobile

Juniper Research says Machine to Machine (M2M)) service revenues will reach $20bn globally in 2015, as players across the M2M industry focus on simplifying the process of rolling it out for the end-user.

Icelandic start-up offers secrecy

Iceland-based social media platform Vivaldi aims to capture users seeking to avoid aggressive advertising and government security forces, and hopes for a boost from the closure of a rival, says founder Jon von Tetzchner.

Bechtle sales rise 8%

According to preliminary figures, Bechtle AG generated revenues of approximately €2.27 bn in the 2013 fiscal year, an increase of over 8% compared to the previous year. EBT rose by ca. 12% to approximately €89 m (previous year: €79.3 m). The EBT margin improved from 3.8% in the previous year to 3.9%.

Check Point posts strong Q4 result

Check Point has posted a 5% growth to $387.1m (€286.9m) in total revenues for the fourth quarter 2013. The increase in quarterly profit was driven by better than expected sales of new data centre appliances and threat prevention software blades, it says.

Challenges ahead for European ISVs

Independent software vendors (ISVs) are set for an interesting year or two, with vendors looking to engage their influence over customers and with customers thinking more carefully about what they buy and how they buy it.