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Tag: offer

  • Optimize Your VoIP Retail Business for a Special Low Price

    Optimize Your VoIP Retail Business for a Special Low Price

    callmax

    Telecom services provider and VoIP software developer Speedflow announced that they are now offering their hosted IP PBX, Calling Card and Call Shop modules at an unprecedented price – $200 per month. It’s a perfect opportunity to start a VoIP business, or migrate to a more reliable platform.

    According to the company, its SaaS Solution “can optimize any business, making it more effective and competitive.”

    All modules are a part of the CallMax suite – a reliable Linux-based platform for VoIP retail. The flexible turn key solution comes with integrated VoIP billing, supports an unlimited number of subscribers, has a user-friendly interface, convenient report generation tools, and a whole host of other effective features.

    In addition to a high-class software platform, each customer also receives hosting at Speedflow’s data-centre, 24/7 technical support, free installation and trainings at no extra cost.

    For more information, visit the company’s website.

    Also check out: Speedflow – Company Profile

  • EMC Completes Acquisition of Data Domain


    EMC Corporation has finally overcome rival NetApp and succeeded with its bid to buy data deduplication leader Data Domain at a price of USD $2.1 billion.

    The acceptance of the final offer comes after a six-week bidding war and will raise questions about whether EMC overpaid for Data Domain – and what NetApp will do now.

    EMC’s final offer of USD $33.50 per share for Data Domain is a lofty figure compared to the $18 its stock was trading for before NetApp’s first bid May 20.

    NetApp went on to offer of USD $25 per share before increasing that to USD $30 after EMC joined the fray.

    While EMC could be accused of overpaying, deduplication is viewed as a growing segment of the storage market and Data Domain offers some very good technology.

    For NetApp there do appear to be other potential acquisition targets to bring it into the data deduplication/backup space, including CommVault, FalconStor, Quantum and Sepaton.

    The challenge facing EMC now is to decide how to bring Data Domain to market.

    With businesses storing 50 per cent more data each year, according to some market research estimates, EMC is betting the acquisition will pay off.

    Joe Tucci, EMC chairman, president and CEO, said: "This is a compelling acquisition from both a strategic and financial standpoint.

    "We look forward to bringing Data Domain together with EMC to form a powerful force in next-generation disk-based backup and archive."

  • EMC Extends Data Domain Offer


    EMC Corporation has extended its all-cash tender offer to purchase all outstanding shares of Data Domain common stock for USD $30 per share.

    The move is to provide additional time to satisfy closing conditions, the offering period now expires at 12:00 midnight EDT on July 10, 2009.

    The initial offering period, which began on June 2, 2009, was previously scheduled to expire at 12:00 midnight EDT on June 29, 2009.

    Data Domain is the object of a bidding war between EMC and NetApp.

    It is unclear what EMC hopes to achieve by the extension, since Data Domain already rejected the offer on June 15 and said EMC’s offer is not in the best interest of its shareholders.

    It prefers a bid from NetApp.

    In May, NetApp announced that it had agreed to buy Data Domain for USD $25 per share in cash and stock, or about USD $1.5 billion.

  • NetApp Awaits EMC Response to Data Domain Bid


    The bidding war for Data Domain stepped up this week after NetApp raised the stakes with rival EMC by making a new cash and stock offer of USD $1.9 billion.

    It came two days after EMC’s offer of USD $30 per share in a deal worth about USD $1.8 billion – around 20 per cent over the original USD $1.5 billion offered LINK last month by NetApp.

    Data Domain, a market leader in data deduplication technology, manufactures a series of storage appliances that tightly integrates its dedupe technology with dedicated storage capacity.

    It also offers software for data replication and virtual tape libraries.

    Both EMC and NetApp currently offer data dedupe technology.

    The increased offer from NetApp means that, if accepted, its offer would use up almost all it’s US cash balance of USD $1.26 billion.

    However, EMC is widely expected to counter with an all-cash offer.