Friday, December 12, 2014

Hortonworks Soars in IPO

Shares in Hortonworks, which offers enterprise Apache Hadoop solutions, soared on Friday from an IPO price of $16.00 to close at $26.48 - up 65% for the first day.  The share are traded on the NASDAQ Global Select Market under the symbol “HDP.” Hortonworks raised approximately $100 million through the IPO.  The company is based in Palo Alto, California. http://hortonworks.com/ Hortonworks develops, distributes and supports a 100%...

Windstream Swaps CEO

Windstream announced the departure of its current president and CEO, Jeff Gardner, and his replacement by Tony Thomas as president, CEO and a director of the company. “I am proud to have led Windstream from its creation in 2006. It has been a privilege to work with our Board, leadership team and talented associates across the organization,” said Jeff Gardner. “The Board and I agree that a change in perspective is needed in order to accelerate the...

Chile's Entel tets 700 MHz LTE with Ericsson

Entel, Chile's leading telecommunications operator, in testing the APT700 (Asia-Pacific Telecommunity 700MHz) spectrum in collaboration with Ericsson. The trial was conducted by enabling 10 test sites with equipment using APT700 MHz frequency band on Entel's live 4G LTE network in Rancagua city, which is located 85 km south of Santiago de Chile.  The operator is expected to proceed with commercial deployment in 2015. Antonio Büchi, CEO, Entel,...

Fujitsu Launches Supply Chain and Config Service

Fujitsu Network Communications is introducing a Supply Chain and Configuration Service to help network operators with the procurement, integration, testing and deployment of multivendor technology projects. Fujitsu said its Supply Chain and Configuration Services can deliver turn up-ready systems and components to the installation site in less than a third of the typical implementation time, while reducing associated costs by up to 15 percent. “The...