LOS ANGELES, CA — (Marketwire) — 01/31/12 — Platinum Equity announced today that it sold Canvas Systems to Avnet, Inc. (NYSE: AVT). Canvas is an independent supplier of IT hardware and services. Terms of the transaction were not disclosed.Platinum acquired controlling interest in Canvas in 2009 from OHC, LLC. OHC retained a minority interest in Canvas under Platinum-s ownership and has also sold its position to Avnet in connection with the transaction announced today."We are proud of w
IRVINE, CA — (Marketwire) — 01/31/12 — XRoads Networks, a leading provider of unified bandwidth management platforms, today announced the company has received a significant order against Fatpipe Networks India Limited in an ongoing patent lawsuit filed against XRoads in 2009.The United States District Court in Utah found that Fatpipe had failed to produce logs which would have confirmed whether tampering had occurred within the appliances which it had obtained for testing. XRoads had argued
