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Bbbv As Cameron and Miliband prepare for final face-off check out PMQs Top Trumps
Red Hat buys Qumranet and its KVM virtualization platform and VDI technology for $107 million On Thursday, Red Hat a
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nnounced the acquisition of Israel-based Qumranet in a move that quickly expands Red Hatrsquo virtualization technology offerings. Qumranet was co-founded by Moshe Bar, who also co-founded the open-source Xen project. Remember, XenSource was later acquired by Citrix for a whopping $500M, and the project is the foundation for many commercial virtualization platforms such as those from Citrix, Oracle, and Virtual Iron.As far as the Qumranet purchase price goes, it is difficult to tell what the multipli
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er effect is here mdash; but a purchase price of $107 million in an all-cash transaction sure does seem like a good deal for the folks who started and invested in Qumranet.According to Red Hat, it doesnrsquo;t sound like its new acquisition is going to bear fruit from a revenue standpoint in the remainder of Red Hatrsquo 2008 fiscal year. The odd thing here is that Red Hatrsquo fiscal year ends in February of 2009 mdash; meaning the acquisition wonrsquo;t materially contribute revenue for the company over the next 6 months. The company did, however, add that it expects
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the acquisition to add up to $20 million in revenue the following year. So what then does the acquisition bring Red Hat According to the company, it gains Qumranetrsquo virtualization solutions, including its KVM Kernel Virtual Machine platform and SolidICE offering.Qumranet is Jsue Quintain ups pace of 5,000-home Wembley Park development
Monday 01 September 2014 4:07 am|Updated:Friday 07 Jun
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e 2019 6:21 amDomestic demand subdued as Chinese manufacturing growth slowsBy: Billy EhrenbergShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmai
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lShare on EmailIt s an underwhelming morning for the Chinese economy.Official purchasing managers index PMI figures for the manufacturing sector missed expectations by 0.1 points in August, while HSBC and Markit Economics s measure was revised down by a similar amount.Asian markets remained largely unaffected by the news, with Shanghai Composite, the Nikkei and the Hang Seng up by 0.5, 0.3 and 0.2 per cent respectively.According to theChina Federation of Logistics and Purchasing, the official reading for August was 51.1, down from 51.7 in July. Analysts surveyed by Bloomberg were expecting 51.2. Any scoreabove 50 indicates growth, but these are underwhelming numbers.Official readings are weighted towards larger businesses, which are more likely to benefit from government stimulus measures. HSBC s survey is weighte
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d towards small businesses.The bank s numbers hardly improved matters: HSBC/Markit Economics gave a reading of 50.2, down from 51.7 last month. This is the slowest rate of growth for three months, and, according to Hongbin Qu, economist atHSBC, subdued domestic demandplayed a hand.From the report:The HSBC China Manufacturing PMI eased slightly to 50.2 in the final reading for August from the flash reading of 50.3. The r
 

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