China approves HP's $1.1 billion buy of Samsung's printer business with curbs

BEIJING (Reuters) – China said on Thursday it has approved HP Inc’s (HPQ.N) $ 1.1 billion purchase of Samsung Electronics’ (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market.

HP announced the deal in September 2016, hoping to disrupt the $ 55 billion copier market by focusing on multifunction printers and more deeply embedding mobile and cloud printing technologies to its product solutions.

It hoped at the time to close the transaction within 12 months, pending regulatory review.

In a statement issued late on Thursday, the Ministry of Commerce said sale of A4 format laser printers by HP in China should be done on “fair and reasonable” terms and the firm must report every six months on their prices and related data to the ministry.

HP must not buy any stakes in other A4 printer manufacturers in China even if they are a minority equity investment, it said.

It must not adapt its printers to restrict compatibility with third-parties or claim in advertising that its printers are not compatible with other suppliers, the ministry said.

HP expects to close the acquisition in the fourth quarter which ends on Dec. 31, a spokeswoman said in an email. She declined to comment on the regulatory process.

Samsung was not immediately available for comment.

Under the deal, HP would add an intellectual property portfolio of more than 6,500 printing patents and nearly 1,300 researchers and engineers with expertise in laser printer technology, imaging electronics and printer supplies.

Reporting by Josephine Mason and Stella Qiu; Editing by Muralikumar Anantharaman

Our Standards:The Thomson Reuters Trust Principles.

Tech

Alibaba raising stake in Cainiao to majority, investing $15 billion to grow logistics

HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd is raising its stake in logistics affiliate Cainiao Smart Logistics Network Ltd to 51 percent from 47 percent by investing 5.3 billion yuan ($ 801.21 million), Alibaba said on Tuesday.

Alibaba also said in a statement it will invest another 100 billion yuan ($ 15.12 billion) in the next five years to expand its global logistics network.

The additional investment will be used in research and development of Cainiao’s logistics data technology, and smart warehousing and smart delivery development, among other things, it said.

Alibaba co-founded Cainiao in 2013, with partners including department store owner Intime Group, conglomerate Fosun Group and a few logistics companies.

Reporting by Kane Wu; Editing by Muralikumar Anantharaman

Our Standards:The Thomson Reuters Trust Principles.

Tech

IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016.

The company generated $ 600 million in revenue for the quarter, a 19 percent year-over-year increase. Red Hat is often credited with creating a business model around Linux and Open Source: a subscription based service and support model.

Subscription revenue for the quarter was $ 531 million, which accounts for 89% of total revenue. It was a 20% year-over-year increase. Based on these numbers we can safely assume that Red Hat will be generating revenues around $ 2.415 billion in this fiscal year. That makes Red Hat the most successful pure open source company to date.

To read this article in full or to leave a comment, please click here

CIO Cloud Computing

HPE offloads software arm to Micro Focus in $8.8 billion ‘spin-merge’

Hewlett Packard Enterprise will spin off and merge what it considers its non-core software assets with U.K.-based enterprise software firm Micro Focus in a deal worth $ 8.8 billion, the company said Wednesday.

Included in the bundle being offloaded are HPE’s businesses focusing on application delivery management, big data, enterprise security, information management and governance, and IT operations management. Combined with Micro Focus, which acquired Attachmate in 2014 and owns Linux company SUSE, it will create one of the world’s largest pure-play software companies, HPE said, with a combined sales force of about 4,000 people.

Among the terms of the deal are a $ 2.5 billion cash payment to HPE and 50.1 percent ownership of the new combined company by HPE shareholders. HPE declined to specify what the staffing impact would be. The combined company will be led by Kevin Loosemore, executive chairman of Micro Focus, and the deal is expected to close by the second half of HPE’s fiscal year 2017.

To read this article in full or to leave a comment, please click here

Network World Cloud Computing

Oracle to buy cloud software provider NetSuite for $9.3 billion

Oracle has entered into an agreement to buy NetSuite, which provides cloud-based accounting, enterprise resource planning, customer relationship management, and other business software packages, for $ 9.3 billion.

The NetSuite package of products is complementary to Oracle’s cloud products and the companies’ cloud packages will “coexist in the marketplace forever,” Mark Hurd, Oracle’s CEO, said in a press release.

The deal will allow Oracle to serve a broader range of customers, including smaller businesses, and expand to more industries and more countries, the company said. Asked what additional advantages the deal brings, and Oracle spokeswoman said, “We are declining additional comment today.”

To read this article in full or to leave a comment, please click here

InfoWorld Cloud Computing

Why Microsoft bought LinkedIn for $26 billion, in one word: Cortana

The image above says it all: Microsoft spent $ 26.1 billion to ensure that you’ll never walk into a meeting “cold” again.

Picture a typical business trip: meetings all day, drinks at night. A good salesperson knows his or her contacts before he or she steps foot in the door. But that goes for coworkers as well: How you you make them feel comfortable? How do you make them part of a team? How do you let them know who to approach, both inside and outside the company?

All of this usually takes some effort on your part, or at least a competent assistant. And that’s the role that Microsoft hopes to play, especially with its digital assistant, Cortana, and Office 365.

To read this article in full or to leave a comment, please click here

Network World Cloud Computing

Cloud reaches in $110 billion in annual revenues, Synergy says

Network World Cloud Computing

Uber investing $1 billion in India, targets 1 million daily rides

Uber Technologies expects to hit over 1 million trips per day in the next six to nine months in India, the largest market outside the U.S. for the ride-hailing company.

The company said Friday it was making a new investment of US$ 1 billion in the country over the next nine months. The money will be spent on expanding and improving operations, including into more cities, developing new products and payment methods, and to establish a “great support network,” Amit Jain, president of Uber India, said in a statement.

Uber, which is currently growing at a whopping 40 percent monthly, is expecting faster growth after the investment, Jain added.

In India, Uber is up against the country’s largest player Ola, run by ANI Technologies, which acquired a smaller operator TaxiForSure in March for $ 200 million.

To read this article in full or to leave a comment, please click here

Network World Cloud Computing

Global Safe Cities Market to Exceed $226 Billion Between 2015-2020, Says a New Research Report from Homeland Security Research Corp.


Washington DC (PRWEB) June 19, 2015

It is an open secret that the economic prosperity and quality of life of communities, towns and cities depend on the mitigation of crime, terror, man-made and natural disasters. Maturing technologies and changing public opinion lead to major shifts in the Safe Cities Global Market during the forecast period.

According to the Global Safe City: Industry, Technologies & Market – 2015-2020 report, the market growth is boosted by the following drivers:

Cities, towns and communities population drive for quality of life and economic prosperity
Post 2008 meltdown governmental funding policy of modern infrastructure
Advancements in cost-performance of surveillance sensors and ICT technologies
Urbanization in Asia Pacific and Latin America
Worsening of radical Islamists terror threats
The growing rate and damage of natural disasters
The growing understanding that global warming entails growth in natural disasters
Growing aftersale revenues
The voting citizens expectations of safety from their local elected politicians
The report examines each dollar spent in the market via 2 orthogonal money trails: regional / national markets, and technology markets.

This “Global Safe City: Industry, Technologies & Market – 2015-2020” report is a resource for executives with interests in the industry. It has been explicitly customized for industry and urban decision makers to identify business opportunities, developing technologies, market trends and risks, as well as to benchmark business plans

Questions answered in this 2-volume 650-page report include:

1. What will the Safe City market size be in 2015-2020?

2. What are the main Safe City technology trends?

3. Where and what are the Safe City market opportunities?

4. What are the Safe City market drivers and inhibitors?

5. Who are the key Safe City vendors?

6. What are the challenges to the Safe City market penetration?

The “Global Safe City: Industry, Technologies & Market – 2015-2020” report presents in 650 pages, 97 tables and 145 figures, analysis of dozens of current and pipeline technologies and 78 leading vendors. The report is granulated into 150 vertical and horizontal submarkets, and presents for each submarket 2013-2014 data, analyses, and projects the 2015-2020 market and technologies from several perspectives, including:

Business opportunities and challenges

SWOT analysis

Market analysis (e.g., market dynamics, market drivers and inhibitors)

Physical Security Information Management (PSIM)

Public-Safety Answering Point (PSAP)

Distributed Sensors Systems, Sensor and Data Fusion Algorithms, Wireless Sensor Networks

Safe City Software as a Service (SaaS)

Social Media Emergency Response Software

Geo-Design

Geographic Information Systems (GIS)

Location Based Emergency Mass Notification Systems (EMNS), Safe City Cell Broadcast, Cell Broadcast Technologies

SCADA Systems

Managed Security Services (MSS), Safe City Consulting, Remote Management, Managed Security Monitoring

Safe City Communication, City-Wide Communication Interoperability

Video Surveillance, Analog Video Surveillance, Second-Generation Analog Video, Surveillance, Third-Generation Video Surveillance, Digital Video Surveillance, IP Surveillance Cameras, IP-Based Video, Surveillance Systems

Safe City Video Analytics Technologies, Cloud Platforms, Video Analytics Based Suspect Behavioral, Analysis, Video Surveillance as a Service (VSaaS), Video Surveillance as Service Solutions: Vendors, Real Time Automatic Alerts Software, Image Segmentation Software, Item Tracking Video Analytics Software, Object Sorting and ID, Item Identification and Recognition, Multi-Camera Intelligent Video Surveillance Systems, Video Content Analysis, Item Detection, Gaussian Mixture Based Software, Background Subtraction, Item Detection Using a Single-image Software, Item Tracking Software, Kalman Filtering Techniques, Region Segmentation, Kalman Filters Application to Track Moving Items, Partially Observable Markov Decision Process, Intelligent Video Surveillance Systems, “Splitting” Items Algorithms, Dimension Based Items Classifiers, Shape Based Item Classifiers, Event Detection Methods, Vision-based Human Action Recognition, Video Derived Egomotion, Path Reconstruction Software, Video Cameras Spatial Gap Mitigation Software, Networked Cameras Tag and Track Software, Visual Intelligence Technologies, Visual Processing, Fusion Engine, Video Analytics Challenges

Standoff Video Analytics Based Biometrics, Video Surveillance Based Behavioral Profiling, Video Based Biometric Recognition Technologies, Video Based Face Recognition, Remote Biometric Identification Technologies, Fused Intelligent Video Surveillance & Watch Lists, Crowd and Riot Surveillance, Wireless Video Analytics, Cloud Video Analytics, Online Video Analytics, Pulse Video Analytics, Smart Cameras

Physical Identity and Access Management (PIAM)

Safe City Natural Disasters Mitigation & Management, Emergency Management systems

Communication Interoperability, Perimeter Security, Public Events Emergency Services, WMD and Hazmat Detection

Cloud Computing, Data Mining & Analytics

Command & Control Systems

Gunshot Location Technologies, Optical Gunshot Location Technologies, Fused Optical and Acoustic Gunshot Detection, Detection of Gunshot Signature: Artificial Neural Networks

Emergency Transportation Management Systems, Intelligent Transport Technologies, License Plate Recognition (LPR), Inductive Loop Detection, Video Vehicle Detection, Smart Transportation Security, Emergency Vehicle Notification Systems

Companies operating in the market: 3I-MIND, 3VR, ABB, Accenture, ACTi Corporation, ADT Security Services, Agent Video Intelligence, AGT international, ALPHAOPEN, Anixter, Aralia System, AT&T Inc., Augusta Systems, Avigilon Corporation, Axis, AxxonSoft, BAE Systems, Bosch Security Systems, BT, Camero, Cassidian, CelPlan, China Security & Surveillance Inc., Cisco, Citilog, Computer Network Limited (CNL), Diebold, DVTel, Elsag Datamat, Emerson Electric, Ericsson, Firetide, GS, General Electric, Hexagon AB, Honeywell, IBM, IndigoVision, Intel Security, IntuVision Inc, iOmniscient, IPConfigure, IPS Intelligent Video Analytics, ISS, MACROSCOP, MDS, Mer group, Milestone Systems A/S, Mirasys, National Instruments, NICE Systems, Northrop Grumman Corporation, ObjectVideo, Orsus, Panasonic, Pelco, Pivot, Proximex, Raytheon Company, Salient Stills, Samsung Techwin, Schneider Electric, SeeTec, Siemens, Smart China (Holdings) Limited, Sony, Synectics Plc, Tandu Technologies & Security Systems Ltd, Thales Group, Total Recall, Unisys, Verint, Vialogy LLC, Vigilant Technology, xLOGIC, Zhejiang Dahua Technology

Explore more Homeland Security and Public Safety Reports at http://www.homelandsecurityresearch.com.

About Homeland Security Research Corp. (HSRC)

Homeland Security Research Corp. (HSRC) is an international market and technology research firm specializing in the Homeland Security (HLS) & Public Safety (PS) Industry. HSRC provides premium market reports on present and emerging technologies and industry expertise, enabling global clients to gain time-critical insight into business opportunities. HSRC’s clients include U.S. Congress, DHS, U.S. Army, U.S. Navy, NATO, DOD, DOT, GAO, and EU, among others; as well as HLS & PS government agencies in Japan, Korea, Taiwan, Israel, Canada, UK, Germany, Australia, Sweden, Finland, Singapore. With over 750 private sector clients (72% repeat customers), including major defense and security contractors, and Fortune 500 companies, HSRC earned the reputation as the industry’s Gold Standard for HLS & PS market reports.






Related Cloud Press Releases