News

Zoom's abandoned Five9 deal shows hurdles to expansion

Zoom's abandoned Five9 deal shows hurdles to expansion

Spotlighted issues that will weigh on its next attempt to expand.
Krystal Hu, Svea Herbst-Bayliss and Echo Wang Oct 5 2021, 7:10AM Finance
GitLab aims for nearly US$9 billion valuation in U.S. IPO

GitLab aims for nearly US$9 billion valuation in U.S. IPO

Looking to raise as much as US$624 million.
Staff Writer Oct 5 2021, 7:04AM Finance
Pipeline 2021: People still the key to IT industry success

Pipeline 2021: People still the key to IT industry success

Positive partnerships are more important than ever, says Geoff Augutis.
Ben Moore Oct 1 2021, 2:58PM Services
Zoom, Five9 to terminate nearly US$15 billion acquisition deal

Zoom, Five9 to terminate nearly US$15 billion acquisition deal

Five9 shareholders voted down the sale.
Subrat Patnaik and Krystal Hu Oct 1 2021, 1:36PM Finance
Cirrus Networks CEO departs

Cirrus Networks CEO departs

Interim CEO Chris McLaughlin steps up to succeed Matt Sullivan.
Nico Arboleda Oct 1 2021, 12:39PM Services
Optus sells 70 percent of towers biz for $1.9b

Optus sells 70 percent of towers biz for $1.9b

Sells 70 percent of subsidiary and signs long-term lease deal.
Nico Arboleda Oct 1 2021, 11:04AM Telco
Aussie server spend to hit $1.8b by 2025

Aussie server spend to hit $1.8b by 2025

Driven by growing cloud demand and data centre expansions.
Ben Moore Sep 30 2021, 3:45PM Servers & Storage
What the CRN Fast50 can do for your business

What the CRN Fast50 can do for your business

2020 winner Peak Insight talks benefits of topping the list.
Chris Player Sep 30 2021, 1:52PM Strategy
FSG secures $20m cash injection

FSG secures $20m cash injection

To fund growth plans and network rollout.
Nico Arboleda Sep 30 2021, 12:52PM Telco
Micron sees chip demand dip due to parts shortages

Micron sees chip demand dip due to parts shortages

Forecasts current-quarter revenue below analysts' expectations.
Manas Mishra Sep 30 2021, 11:00AM Finance
Webcentral continues assault on Cirrus' rep

Webcentral continues assault on Cirrus' rep

Company secured 17 percent of Cirrus shares earlier this month.
Nico Arboleda Sep 29 2021, 4:11PM Services
REvil ransomware gang has the worst partner program

REvil ransomware gang has the worst partner program

The criminals allegedly cheated affiliates out of their share of stolen money.
Ben Moore Sep 29 2021, 3:08PM Security
Sektor adds IoT security vendor Armis to portfolio

Sektor adds IoT security vendor Armis to portfolio

Provides agentless security for unmanaged and IoT devices.
Ben Moore Sep 29 2021, 2:56PM Distribution
Cradlepoint pilfers Meraki talent to lead APAC sales

Cradlepoint pilfers Meraki talent to lead APAC sales

Names Nathan McGregor to oversee all sales in the region.
Ben Moore Sep 29 2021, 1:04PM Networking
ACCC looks to break Google's ad monopoly

ACCC looks to break Google's ad monopoly

Wants to address the imbalance of access to consumer data.
Byron Kaye Sep 29 2021, 6:15AM Sales & Marketing
Tesserent raises $25m, two new acquisitions in the works

Tesserent raises $25m, two new acquisitions in the works

$11 million is earmarked to fund the company’s next buyouts.
Ben Moore Sep 28 2021, 11:40AM Finance
Facebook invests US$50 million to build the 'metaverse'

Facebook invests US$50 million to build the 'metaverse'

A digital world where people can move and communicate virtually.
Sheila Dang Sep 28 2021, 11:18AM Digital
Some chip suppliers suspend production in China

Some chip suppliers suspend production in China

Due to China's tightening emissions standards.
Staff Writer Sep 28 2021, 6:33AM Hardware
BlueJeans testing new virtual rooms feature

BlueJeans testing new virtual rooms feature

Where 3D avatars can gather for some watercooler chat.
Paresh Dave Sep 28 2021, 6:27AM Collaboration
Chip shortage could delay iPhone 13 deliveries

Chip shortage could delay iPhone 13 deliveries

Some customers may have to wait up to a month after ordering.
Aniruddha Ghosh and Nivedita Balu Sep 28 2021, 6:20AM Mobility

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