Octagon International, one of the fastest-growing IT distributors in the Emirates today announced the sale of a majority stake to a consortium of private equity investors. The deal represents one of the largest private equity investments in the UAE’s IT distribution industry over the past several years and signals a return of confidence to a sector battling to revert to profitability following a period of sustained market turbulence. Read More…

According to the latest Worldwide Storage Software Qview by IDC, the storage software market grew in the second quarter of 2011, with a total market valuation of $3.4 billion during the quarter, up 11.3% over the same period last year. And, EMC cornered nearly 25% market share followed by Symantec, and IBM with 15.8% and 14.1% market shares respectively. Whereas, Hitachi clocked the highest percentage growth followed by HP.Read More…

Drobo, makers of award-winning data storage products for businesses and professionals, today announced that it has collaborated with Veeam Software, innovative provider of VMware data protection, disaster recovery and VMware management solutions for virtual datacenter environments, to deliver a simple and affordable data protection solution for small and medium businesses (SMBs).Read More…

Kaspersky Labs partnered with Emerging Threats Pro, the leading producers a professional grade IDS and IPS ruleset for Snort and Suricata based on and supporting the Emerging Threats open source project. The ruleset focuses on malware and major vulnerabilities, but also provides known bad IP lists and IP/DNS reputation feeds. Kaspersky uses these ruleset for its in-lab internal research work. The cooperation between the two companies entails collaboration on a malware samples exchange and also combined work on extending Emerging Threats Pro ruleset coverage.Read More…

Cisco signed Xerox Managed Print Services to manage its print operations across the globe with more than 460 Cisco offices, making printing services easily accessible to employees working from different locations, using a variety of desktop and mobile devices. Xerox will provide the Cisco workforce with more cost-effective ways to produce and manage documents, improving the efficiency of the print environment by 20 percent. Read More…

Leading unified IP business communications solutions provider Interactive Intelligence recently announced the appointment of Saudi Arabia based leading System Integrator Malaz Technology as its authorised reseller for the kingdom. The new tie-up will allow Malaz Technology to offer Interactive Intelligence solutions for contact center automation, enterprise IP telephony, and business process automation and also provide consulting, implementation, support, and customised development.Read More…

The two studies, from the Enterprise Strategy Group and The Clipper Group, evaluated the costs of long-term storage for various scenarios that included tape and disk as the primary storage medium. In each case, the studies found that tape had considerable long-term cost advantages when compared to a scenario that relied on a disk-only solution. The Linear Tape-Open (LTO) Program Technology Provider Companies, HP, IBM and Quantum, announced that two recently-released separate studies found that tape had significant total cost of ownership (TCO) benefits over disk, including lower cost per GB, lower operating expenses and lower energy costs.Read More…

ZOTAC unveiled its palm-sized ZBOX nano AD10 series mini-PCs, which is miniature version of the standard ZBOX form factor with enriched home theatre PC features for the digital media. ZBOX nano is powered by the AMD “Brazos” E-350 APU Platform with Discrete-Class AMD Radeon HD 6310 graphics to offer enhanced performance with hardware video decode acceleration technologies for popular high-definition video formats, including Blu-ray and Adobe Flash, into a miniature 127mm x 127mm x 45mm form factor that can fit the size of a palm.Read More…

Kuwait based Microsoft Partner, Expit today announced the release of Expit Project connector for Service Manager, a plug-in for Microsoft Project Professional 2010 that enables project managers/owners to create change requests in Service Manager directly from their project plans. The Project connector for Service Manager reduces the time required to transform a task from a planning activity to an implementation activity can be excessive due to lack of integration between systems and also saves on time required to report back on completed tasks from operational systems into project management systems can be excessive and therefor delay the initiation of subsequent tasks.Read More…

Huawei recently announced the purchase of leading System Integrator and Solution Provider, International Turnkey Systems (ITS) Business Support System (BSS) division. Huawei believes the combination of capabilities and experience of the two firms will create a one-stop shop with world-class, customized ICT solutions for customers in the Middle East and Africa region. “Huawei will continue to invest to grow the business in the region creating local employment as well as new opportunities for existing employees,” said Steven Yi, Huawei.Read More…

Leading regional ICT provider and innovator, Estarta Solutions announced the appointment of Rasheed Shakhsheer as the company’s new Chief Executive Officer. Rasheed stated: “I’m honored with the trust by the Board of Directors and look forward to solidify Estarta’s market leadership in the region.” Rasheed is armed with Masters degree in Engineering Management and is a veteran with 20 years experience with entrepreneurial drive, and has a track record of efficiency in extending market reach and building strategic alliances across several vertical markets. Read More…

Sasal & Company announced the launch of Alphadore.com, inexpensive financial statement analysis and consultancy web application designed for small business owners. Alphadore analyzes financial statements according to essential ratios, key performance indicators, and standard industry benchmarks. Alphadore.com, which can be accessed online for $39, makes it easy for small business owners to understand their current financial position, compare with competitors, and access tools to make progressive business decisions, for a fraction of the typical consultancy fee.Read More…