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Posts Tagged ‘investment’

India targets $1 trillion infrastructure investment: Ahluwalia

Montek Singh AhluwaliaIndia will double its investments in infrastructure to $1 trillion during the 11th Five Year Plan that begins 2012, with half of that expected from the private sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. Speaking at the annual meeting of the World Economic Forum at this Swiss ski resort, the key policy [...]

Private Clouds Top List of IT Investment Priorities: Survey

Two online polls indicate IT organizations will be investing in cloud computing projects, especially private clouds in 2011, echoing similar predictions from a number of other sources. – Investing in private clouds is a top priority for IT organizations in 2011,
according to two recent online polls, Unisys said on Jan. 26.
The two polls were conducted on the Unisys Website. The first poll, in
December 2010, asked visitors about their cloud computing implementation plans.
The sec…


Ho Bee Investment – Corporate moves

Chong Hock Chang has been appointed associate director wef Jan 18
Work experience: GM, business development and marketing, Ho Bee Investment Ltd
 

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Facebook Worth $50B After Goldman Sachs Investment

Facebook Jan. 21 grabbed $1.5 billion in funding from Goldman Sachs and Digital Sky Technologies, stoking the social networking for gritty competition vs. Google in 2011. – Facebook said
Jan. 21 it has raised $1.5 billion in funding from Goldman Sachs and Digital
Sky Technologies, which brings the social-networking companys value to $50
billion.
Goldman Sachs
clients overseas invested $1 billion in Facebook Class A common stock
in a funding round that closed Ja…


Small Business IT Investment Picture Improving: Report

The small business IT Growth Monitor increased five points from October to 54, a record high since December 2007. – The budding recovery in IT investment that started to take shape in
2010 appears to be heading for an uptick in 2011 as small businesses
report a positive outlook on IT investment for their organizations.
According to the latest CDW IT Monitor, which has been tracking IT
sentiment since the begi…


Facebook valued at $50 bn after new investment

facebookFacebook has nabbed $450 million in funding from investment bank Goldman Sachs that values the social networking company at $50 billion, the New York Times reported Monday. The company also took a $50-million investment from Russian firm Digital Sky Technologies, which has already invested some $500 million in Facebook. News of the investment came just [...]

Boustead scales down investment in Bio-Treat Technology

Boustead Singapore says it is not going ahead with the acquisition of redeemable convertible notes and shares of Bio-Treat Technology.

Earlier, subsidiary Boustead Knowledge, had agreed to purchase 100 million Bio-Treat shares from Giant Delight Holdings Limited (GDL) at the price of 4 cents each.

Boustead says it decided to scale down its investment after Bio-Treat announced a rights issue of up to 992,236,440 new shares at 4 cents each to raise funds.

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Wilmar off 0.2%; Nigeria investment discounted

Wilmar (F34.SG) is off 0.2% at $5.94, as investors pay little heed to its investment in a Nigerian food ingredients business with PZ Cussons (PZC.LN).

Its shares are down 13.5% since the release of weak 3Q10 results in November, due to the persistent risk of more margin pressures on its edible oil and oil seeds crushing businesses.

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MLB app highest grossing, EFO offers portable speaker dock, Toshiba Retina LCD plant gets Apple investment

Apple has offered up the iTunes Rewind recently and unveiled that the highest grossing app for the entire store is the MLB at Bat 2010 app. The app gave fans live video for every game played during the season. EFO has offered up a new speaker dock that will charge the iPod and play music [...]

Yanlord Land Group rated ‘buy’ by Citi Investment

Citi Investment Research in a Dec 6 research report says: “We project Yanlord’s net profit to grow at a CAGR of 18% from 2010E-2012E, mainly driven by a continuous increase in property delivery volume.

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Indian Web Apps Development: Get Quality at Low Investment Posted By : Jack Davison

The demand for web applications for business processes and for mobile phones is very high at the moment. Credit goes to a web application development company for having been able to market these services so popularly.

India, Syria committed to economic reforms: Patil

Indian President Pratibha Devisingh Patil has said that her country and the Syrian Arab Republic are both committed to economic reforms and to achieving higher growth rates. Speaking in an interview with the Syrian Arab News Agency (SANA) in New Delhi before departing on a nine-day visit to the United Arab Emirates and the Syrian [...]

Ascendas REIT seeks regional investment opportunities in China

Ascendas Funds Management (S), the manager of Ascendas Real Estate Investment Trust, says it is actively exploring regional investment opportunities for A-REIT.

Currently, the manager says it is actively exploring investment opportunities in China and has set up a representative office in Shanghai, China to enhance the manager’s visibility in the various business space sub-segments and micro property markets.

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Emerging market investment should be top of agenda, Israel says

Temasek Holdings Executive Director Simon Israel said investing in emerging markets will have to move to the top of the agenda for investors. Israel, speaking at an event organized by CapitaLand Ltd. in Singapore today, said there is a fundamental shift toward the rise of Asia and its importance in economic power.
 
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Olam off 2.5%; Look for buying chances: Morgan Stanley

Olam (O32.SG) off $3.30 early high, last down 2.5% at $3.17 in robust volume; selling pressure comes after company announced investment in Gabon for US$1.3 billion ($1.7 billion) fertiliser plant JV, also CPO plantation JV.

Morgan Stanley, which has an Overweight rating, expected negative stock reaction “given the size of the investment and the business segment (beyond the core supply chain, in high capital-intensive segment).”

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Ho Bee Investment posts 61% fall in 3Q net profit to $39m

Mainboard-listed property group Ho Bee Investment says net profit attributable to shareholders decreased 61% from $99.3 million in the previous year to $38.8 million, yielding 5.3 cents per share. Group turnover was 53% lower, from $209.2 million to $98.9 million, as a result of the higher revenue recognition from development properties in the same quarter last year.

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OCBC CEO says costs up because bank is back in investment mode

Oversea-Chinese Banking Corp. said its third-quarter operating costs rose 23% because Singapore’s second-largest bank is back in “investment mode.” Chief Executive Officer David Conner made the comments to reporters today.
 
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Intel, Other Top Companies Unveil New Cloud Mission: Open Data Centers

NEWS HIGHLIGHTS

  • Intel outlined three key elements to its “Cloud 2015” vision: a world of interoperable “federated” clouds; “automated” movement of software applications and resources; and PC and device-savvy “client-aware” clouds that know what processing should take place in the cloud or on your laptop, smartphone or other device.
  • Intel helped create the Open Data Center Alliance of more than 70 top global businesses unified by Intel that will create a roadmap to drive interoperability, flexibility and industry standards for the cloud and next generation data centers. The Open Data Center Alliance represents more than $50 billion in annual IT investment.
  • Intel unveiled Intel® Cloud Builders, featuring 20 of the world’s leading hardware and software makers who will commit resources to spur innovation and make clouds easier to deploy, use and share.
  • Intel® Xeon® processors, already found in about nine out of 10 servers, include features such as smart energy efficiency, Intel® Virtualization Technology and Intel® Trusted Execution Technology that are perfectly suited for cloud computing.

 

 

SANTA CLARA, Calif., Oct. 27, 2010 – Intel Corporation today unveiled several new initiatives under its “Cloud 2015” vision aimed at making cloud-based Internet computing more interoperable, secure and simplified.

 

Intel’s Cloud 2015 vision has three key elements: a “federated” cloud that allows enterprises to share data across internal and external clouds; an “automated” network that automatically allows the secure movement of applications and resources to significantly improve energy efficiency in data centers; and PC and device-savvy “client-aware” clouds that know what types of applications, commands and processing should take place in the cloud or on your laptop, smartphone or other device – thus taking a user and specific device’s unique features into account to fully optimize an online experience.

 

Intel will support these goals by creating software and building new capabilities into Intel® Xeon® processors, which include features such as Intel® Virtualization Technology (Intel® VT) and Intel® Trusted Execution Technology (Intel® TXT) that form the basis of cloud computing today.

 

Open Data Center Alliance

As a step toward Cloud 2015, Intel helped create the Open Data Center Alliance, a coalition of more than 70 leading businesses that together represent more than $50 billion in annual IT investment and that have cloud research or projects underway. Alliance Steering Committee members include BMW*, China Life*, Deutsche Bank*, J.P. Morgan Chase*, Lockheed Martin*, Marriott International, Inc.*, National Australia Bank*, Shell*, Terremark* and UBS*.The alliance will lay out future hardware and software requirements that lead to more open and interoperable cloud and data center solutions. Intel plays a unique advisory role within the alliance, whose initial membership is focused on end user companies rather than technology providers.

 

Intel embraces the Open Data Center Alliance’s vision and goals and plans to deliver products and solutions consistent with these goals. Intel will work with its hardware and software partners, engaging the industry to innovate on open standards, delivering a faster ramp to the next stage of the Internet, and delivering an open, interoperable and secure cloud that will empower the next generation of business, movies, gaming, music, social media and other yet-to-be-invented Web services.

 

“The industry has an opportunity to accelerate the potential of cloud computing, delivering even better industry economics through this transformation,” said Kirk Skaugen, vice president and general manager, Intel Data Center Group. “With the Open Data Center Alliance we now have the world’s top businesses focused and actively engaged with Intel and the high-tech industry, accelerating solutions to the cloud’s key challenges. The server industry has gone through an amazing transformation since the Intel Pentium® Pro’s introduction in 1995; our goal is to ensure that cloud computing continues to deliver breakthrough economics based on the same fundamental principle —innovation on open, interoperable standards.”

 

Intel Cloud Builders

The goal of the Intel® Cloud Builders program is to provide a path to the Cloud 2015 vision. Intel announced a significant expansion of this program that brings together leading system and software solution partners to provide proven cloud building recipes and practical guidance on how to deploy, maintain and optimize a cloud infrastructure.

 

While the alliance will determine future requirements for cloud infrastructure, the Intel Cloud Builders program will help bring these requirements to life with full solutions. The program now has a total of 20 reference architectures with several more on the horizon. It represents a community of the most critical providers of technology in the cloud, including Canonical*, Cisco*, Citrix*, Dell*, EMC*, Enomaly*, Eucalyptus Systems*, Gproxy*, HP*, IBM*, Intel, Joyent*, Microsoft*, NetApp*, NetSuite*, Novell*, Parallels*, Red Hat*, Univa* and VMware*.

 

 

View the Multimedia Press Kit
(includes the full story with high resolution photos, videos, quotes, fact sheets, and more)

 

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

 

Intel, Xeon and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

 

* Other names and brands may be claimed as the property of others.

Chip Shot: Intel Capital Announces Two China Investments

This week Intel Capital announced two new investments in Chinese technology companies: OkBuy.com, an e-commerce company and NetPosa, a leading digital surveillance system (DSS) provider. In addition to the investment in Netposa, Intel also announced a cooperation agreement with the company to jointly increase hardware and software innovation for DSS products and solutions based on Intel architecture (IA) including Intel® Atom™ and Xeon® processor-based platforms, as well as MeeGo open source operating systems.  Both investments are part of the Intel Capital China Technology Fund II. Since establishing a presence in China, Intel Capital has invested over USD 500 million into more than 90 Chinese technology companies.

Viking Offshore and Marine rated ‘buy’ by OCBC

OCBC Investment Research in an Oct 19 research report says: “Viking Offshore andvMarine (Viking) announced that it has entered into a sale and purchase agreement with MTM Investment Holdings Pte Ltd for the acquisition of Marshal Systems Pte Ltd (MSPL).

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