BroadSoft Announces Proposed Convertible Senior Note Offering

By on    Internet, Picture Gallery, Software  

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.

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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

HP Finally Overtakes Cisco in Cloud Infrastructure Equipment Leadership Battle

By on    Networking  

RENO, NV — (Marketwired) — 09/09/15 — New Q2 data from Synergy Research Group shows that HP finally gained leadership of the rapidly growing cloud infrastructure equipment market, having lagged closely behind Cisco through 2013 and 2014. In Q1 the two vendors were tied, but in Q2 HP opened up a lead by achieving much stronger sequential revenue growth. The two leading vendors are each achieving stellar revenue growth in the burgeoning market, but as HP maintained a 13% worldwide market share

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