Benu Networks, a leading provider of innovative virtual network solutions, announced today the appointment of Stephen Collins as Senior Vice President of Global Sales. Collins, with over 30 years of leadership experience industry exposure, will be key in expanding international growth for Benu Networks, specifically spearheading the growth of an upcoming new product.
Source: Bloomberg
Vantage Media, LLC, a technology-driven vertical performance marketing company, and BrokersWeb, Inc., the fastest growing leader in pay-per-click (PPC) advertising in the Insurance vertical, announced today that the companies have completed a merger to create one of the world’s largest online performance marketing companies. The combined entity will focus on delivering new customers, via clicks and leads, to clients in the Education, Insurance and Moving verticals.
Source: ArcSoft
Combined $20M Investment from Intel Capital and Tudor will fund development of next-generation embedded imaging and multimedia technologies, and apps for next-generation computing and entertainment devices.
Source: Ericsson
Mobifone, one of Vietnam’s leading mobile operators with 32 percent of the country’s mobile communications market, has chosen an Ericsson (NASDAQ:ERIC) solution for combined bandwidth and mobile broadband traffic optimization. Mobifone is a wholly-owned subsidiary of the VNPT Group, and is top ranking in terms of quality of service, revenue, and ARPU.
Source: Dell
Dell today announced it has signed a definitive agreement to acquire Force10 Networks, Inc., a leader in high-performance datacenter networking. Force10’s networking capabilities complement Dell’s datacenter solutions portfolio, enabling it to offer customers a broader range of enterprise offerings.
Source: PRNewswire
MIAMI, June 7, 2011 — Batanga, Inc. today announced the acquisition of two of the leading Latin American online media companies, Adfunky and I-Network. The new acquisitions will exponentially increase the company’s audience and publishing partners in the US, Mexico and Latin America as well as provide its existing sales organization with value-added product offerings for marketers looking to reach Hispanic consumers online. Headquartered in Miami, regional offices are located in Mexico City, Bogota and Buenos Aires as well as sales offices in nineteen cities throughout the globe. GroupArgent represented Adfunky and I-Network in the transaction and acted as their exclusive financial advisors.
Source: Bloomberg
Vantrix, the global leader of mobile video optimization and delivery solutions, today announced that it has been selected by Ericsson, the world’s leading provider of technology and services to telecom operators, to be their partner in video optimization. Under the terms of the agreement, Ericsson will be bundling Vantrix Bandwidth Optimizer with its Multiservice Proxy mobile broadband traffic optimization solution.