BroadSoft Announces Proposed Convertible Senior Note Offering

BroadSoft Announces Proposed Convertible Senior Note Offering

GAITHERSBURG, MD — (Marketwired) — 09/09/15 — BroadSoft, Inc. (NASDAQ: BSFT) today announced its intention to offer, subject to market and other conditions, $175.0 million principal amount of convertible senior notes due 2022 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). BroadSoft also expects to grant the initial purchasers of the notes an option to purchase up

Smart Thermostat Market to Reach $2.21 Billion by 2022: Grand View Research, Inc.

Smart Thermostat Market to Reach $2.21 Billion by 2022: Grand View Research, Inc.

SAN FRANCISCO, CA — (Marketwired) — 09/09/15 — The global is expected to reach USD 2.21 billion by 2022, according to a new study by Grand View Research, Inc. These devices allow users to remotely manage their heating and air conditioning systems using wireless connectivity and mobile apps. They form an important part of smart homes and have gained immense demand from residences in developed regions such as North America and Europe.The smart thermostat market is expected to witness growth s

Strengthening Dollar Contributes to 2.5% YoY Decline in EMEA Server Revenues in 2Q15 Despite Surge in Mainframes, Says IDC

Strengthening Dollar Contributes to 2.5% YoY Decline in EMEA Server Revenues in 2Q15 Despite Surge in Mainframes, Says IDC

The latest EMEA Server Tracker from International Data Corporation (IDC) shows that in the second quarter of 2015 the EMEA server market saw an end to the continued growth of the last four quarters, with vendor revenue at $3.1 billion and 525,059 units shipped ? a year-on-year decline of 2.5% and 4.5% respectively.
For the first half of 2015, vendor revenue was $6.2 billion and 1 million server units were shipped, showing marginal growth on the first half of 2014 at 2.3% and 0.7% respec