Mercury Computer Systems' Founder and Executive Chairman Jay Bertelli Retires

By ADMINISTRATOR on July 26, 2008 (1:03:02 AM) America/Los_Angeles

Mercury Computer Systems, a leading provider of high-performance computing solutions for image, sensor, and signal processing, announced the retirement of James "Jay" R. Bertelli as a Mercury employee and its Executive Chairman of the Board, effective July 25, 2008.

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Mellanox Technologies reports Q2 sales up 43%

By ADMINISTRATOR on July 26, 2008 (1:02:23 AM) America/Los_Angeles

Eighth Consecutive Quarter of Revenue Growth: Mellanox Technologies today announced record financial results for its second quarter ended June 30, 2008.

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Seanodes Awarded $2.4 Million in Funding from OSEO

By ADMINISTRATOR on July 26, 2008 (1:01:40 AM) America/Los_Angeles

Seanodes, the creator and leading developer of Shared Internal Storage solutions, today announced it has received about $2.4 million in funding from OSEO, France's national agency for industrial innovation, in the form of a no-interest loan to support ongoing technology development and company growth.

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Microsoft to Acquire DATAllegro

By ADMINISTRATOR on July 26, 2008 (1:01:02 AM) America/Los_Angeles

Leaders in data warehousing team to provide large-scale business intelligence solutions. Microsoft Corp. today announced that it intends to acquire DATAllegro Inc., a provider of breakthrough data warehouse appliances. The acquisition will extend the capabilities of Microsoft’s mission-critical data platform, making it easier and more cost-effective for customers of all sizes to manage and glean insight from the ever-expanding amount of data generated by and for businesses, employees and consumers.

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