Jinan Yinquan Technology has announced that its data center virtualization technology project has received 500,000 yuan from Shandong Economic and Information Technology Committee.
Following the award, the wholly owned subsidiary of China VoIP & Digital Telecom said it is well positioned to take full advantage of the tremendous economic growth currently being experienced in China.
Posts Tagged: investment
T-Mobile has confirmed that it is to end its ban on mobile VoIP applications within its German network – but will charge customers upwards of EURO € 9.95 per month for the service.
The operator justified the surcharge by explaining that billions of euros invested by operators in the roll-out of networks in recent years were based on rate costings with income from voice telephony and mobile data.
Jajah has secured USD $2.75 million from an anticipated USD $5 million fourth round of funding.
Launched three years ago, the VoIP communication service has grown steadily and now provide a service to millions of users.
More than four out of five companies surveyed are planning datacentre expansions within the next two years, according to Digital Realty Trust.
The wholesale datacentre provider also found that more than a quarter of surveyed companies are actively planning immediate datacentre expansion projects that are commencing in 2009.
Intel is bucking current trends and investing USD $7 billion in upgrading three of its US factories over the next two years.
The computer chipmaker said the investment is its largest on new manufacturing and represents 7,000 high-wage jobs.
Worldwide mobile WiMAX infrastructure revenues nearly quadrupled in the third quarter of 2008 over the third quarter of 2007, according to the latest figures.
Scott Siegler, senior analyst of Mobile Infrastructure research at Dell’Oro Group, said that with LTE still a couple of years away, WiMAX has become the first next generation technology with commercial service.
Palm has secured a USD $100 million equity lifeline from Elevation Partners just a few weeks before it unveils its new Nova operating system.
Faced with mounting losses and weak smartphone sales, the success of the new operating system could very well decide the company’s fate.
Spending on storage is the only area of IT hardware that will avoid a drop-off in 2009 as a result of the global financial crisis.
A newly revised forecast from IDC suggests worldwide investment in information technology will slow significantly next year.