Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High-Growth Big Data Analytics and High-Performance Computing

Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High-Growth Big Data Analytics and High-Performance Computing

PALO ALTO, CA — (Marketwired) — 08/11/16 — Hewlett Packard Enterprise (NYSE: HPE)Strengthens position in $11 billion HPC segment which is growing at an estimated 6-8% CAGR, and in the data analytics segment, which is growing at over twice that rateExpands presence in key HPC verticals such as government, research, and life sciencesHewlett Packard Enterprise (NYSE: HPE) today announced that it has signed a definitive agreement to acquire SGI (NASDAQ: SGI), a global leader in high-performance

Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High Growth Big Data Analytics and High Performance Computing

Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High Growth Big Data Analytics and High Performance Computing

MILPITAS, CA — (Marketwired) — 08/11/16 — SGI (NASDAQ: SGI)SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics, and data management, today announced that it has signed a definitive agreement to be acquired by Hewlett Packard Enterprise (HPE) for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt.SGI products and services are used for high-performance computing (HPC) and big data analytics in the scientifi

Snap Interactive Reports Results for the Quarter Ended June 30, 2016

Snap Interactive Reports Results for the Quarter Ended June 30, 2016

NEW YORK, NY — (Marketwired) — 08/11/16 — Snap Interactive, Inc. ("SNAP," the "Company," "we," "our" or "us") (OTCQB: STVI), a leading online dating provider, today announced financial and operational results for the quarter ended June 30, 2016.Highlights:Total revenue of $2.6 million for the second quarter of 2016 decreased slightly by $63 thousand compared to the first quarter of 2016;Total revenues decreased 18.0% for the second quarter of

Fundamental Appoints Jeffrey Hayzlett to Its Board of Directors

Fundamental Appoints Jeffrey Hayzlett to Its Board of Directors

VANCOUVER, BC — (Marketwired) — 08/11/16 — Fundamental Applications Corp. ("Fundamental" or the "Company") (CSE: FUN) (FRANKFURT: 2FA) (OTCQB: FUAPF), a leading developer of innovative smartphone applications targeted toward millennials, announces Chairman of C-Suite Network, Jeffrey Hayzlett, is joining its Board of Directors."I am so pleased that Jeffrey is now joining Fundamental–s board!" said Brad Moore, CEO of Fundamental Applications. "Having such a

MapR Announces Speaker Lineup for Big Data Everywhere San Francisco 2016

MapR Announces Speaker Lineup for Big Data Everywhere San Francisco 2016

SAN JOSE, CA — (Marketwired) — 08/11/16 — provider of the industry–s only Converged Data Platform, today announced the featured speakers at taking place on August 30. MapR will also host Big Data Everywhere events this month in Sydney and Melbourne, Australia.BDE San Francisco will kickoff on Tuesday August 30 at 9:15 am with Jack Norris, SVP of Data and Applications at MapR, who will present on "Continuous Analytics: The Time is Now." In this session, Jack will discuss how to g

TORA Expands US Operations Based on Strong Growth

TORA Expands US Operations Based on Strong Growth

SAN FRANCISCO, CA — (Marketwired) — 08/11/16 — TORA, a cloud-based global investment technology provider, announced an expansion of its US sales, operations and IT infrastructure to support rapid growth in the region. TORA, already an industry leader in Asia, launched a new suite of products in 2015 and has seen the uptake of those products in the US outpace expectations — especially in light of the volatility in the financial markets thus far in 2016.To further build on the success, TORA b