Avanade Adds to Cloud Managed Services; Acquires Opstera Software

Avanade Adds to Cloud Managed Services; Acquires Opstera Software

SEATTLE, WA — (Marketwire) — 02/07/13 — Avanade, a global business technology solutions and managed services provider, today announced it has acquired Opstera-s public cloud management software. The technology provides application monitoring and management of Windows Azure applications. Additionally, Opstera co-founders, Paddy Srinivasan and Ranjith Ramakrishnan, join Avanade to further the execution of its managed cloud services strategy.Opstera-s software adds to Avanade-s portfolio of clo

ServiceSource Reports Fourth Quarter and Full Year 2012 Financial Results

ServiceSource Reports Fourth Quarter and Full Year 2012 Financial Results

SAN FRANCISCO, CA — (Marketwire) — 02/06/13 — ServiceSource (NASDAQ: SREV)Reports fourth quarter revenue of $67.3 million and full year revenue of $243.7 million, up 11% and 19% year-over-year, respectivelyAchieves 2012 adjusted EBITDA of $20.9 million, up 17% year-over-year, and non-GAAP EPS of $0.10 per diluted shareAdds Beckman Coulter, Intralinks and Rockwell Automation to growing list of customers; notable expansions include Adobe Marketing Cloud, Avaya and GE Healthcare, among othersIn

Qualstar Reports Fiscal 2013 Second Quarter Results and Strong Second Half Outlook

Qualstar Reports Fiscal 2013 Second Quarter Results and Strong Second Half Outlook

SIMI VALLEY, CA — (Marketwire) — 02/06/13 — Qualstar Corporation (NASDAQ: QBAK)39% sequential bookings growth to $4.9 millionBook to bill of 1.46:1Record pro forma gross margins of 43.5%Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today reported financial results for its second fiscal quarter ended December 31, 2012 as its transformation continues under new leadership.Bookings for the second fiscal quarter were $4.9 million