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Tag: Europe

IBM Takes Controlling Share In Dexia’s IT Business

IBM has taken a controlling share in Dexia's IT business. The company is taking over Associated Dexia Technology Services, and establishing an IBM company called Innovative Solutions for Finance (ISFF), with signed sourcing contracts $1.3 billion over seven years. As part of the agreement between Dexia, and several financial institutions in Europe and IBM, Big Blue will be building and managing their IT infrastructure, previously managed by Associated Dexia Technology Services. IBM will also implement a cloud infrastructure to expand ISFF services into new markets, says the company. Associated Dexia Technology Services was founded in 2006 to deliver IT services to financial institutions formerly within the Dexia Group, such as Belfius Bank, Belfius Insurance and Banque Internationale à Luxembourg. Dexia is a Franco-Belgian financial institution active in public finance, providing retail and...

RealNetworks Acquires Muzicall

RealNetworks has acquired Muzicall, a service provider for mobile carriers and media companies in Europe, best known for its ringback tone (RBT) platform. The size of the transaction was not shared. Muzicall has been integrated into RealNetworks' Mobile Entertainment division, which in partnership with carriers manages 18 million active global ringback tone subscribers. Muzicall currently distributes a portfolio of apps, reaching more than 500,000 subscribers across Europe, says RealNetworks. The company's carrier relationships in Europe include EE (Orange + T-Mobile UK), Virgin Mobile in the United Kingdom, Optimus in Portugal, Swisscom and Orange in Switzerland.

GoDaddy To Sponsor Rugby League World Cup 2013

GoDaddy is an official tournament sponsor of Rugby League World Cup 2013 (RLWC2013). The event’s return to the United Kingdom begins Saturday. Competitions are held in England, Wales, Ireland and France. As part of the RLWC2013 sponsorship, GoDaddy branding will be featured prominently at matches. Signage will be on the post protectors and on pitch-side perimeter boards.

Frost & Sullivan: High Demand For E-Waste Recycling In Europe

The increasing volume of waste electrical and electronics equipment (WEEE) coupled with scarcity of precious metals, high cost of mining, and limited landfill capacity have lent momentum to the European WEEE recycling market, finds Frost & Sullivan. The European waste electrical and electronic equipment recycling market earned revenues of $1.30 billion in 2012 and is estimated to reach $1.79 billion in 2020. The need to recycle e-waste has prompted waste management companies to optimize collection systems as well as recovery and recycling technologies, further aiding market development in the region, says the consulting firm . "Strict European Union legislations, escalating landfill prices, and awareness on the environmental impact of WEEE have heightened demand for recycling of waste electrical and electronic equipment in Europe," said Frost & Sullivan Energy...

IDC Forecasts Worldwide Semiconductor Revenues Will Grow 4.9%

Semiconductor revenues worldwide will see nominal growth this year at less than 1% reaching $304 billion, according to the year-end 2012 update from IDC. IDC also forecasts that semiconductor revenues will improve by 4.9% to $319 billion in 2013 and log a compound annual growth rate (CAGR) of 4.1% from 2011-2016, reaching $368 billion in 2016. Weakness in PC demand, DRAM and overall memory price deterioration, and semiconductor inventory rationalization, coupled with continued global macroeconomic uncertainty from lower global GDP growth, a slowdown in China, the Eurozone debt crisis and recession, Japan's recession, and ongoing fear of fiscal cliff negotiations' impact on IT spending by corporations have all been levers affecting global semiconductor demand this year. Bright spots for the semiconductor market include smartphones, tablets,...

Worldwide IT Spending To Grow 6% In 2012

Worldwide IT spending remains on course to grow 6% this year in constant currency, only slightly down on last year’s pace of 7% growth, in spite of continuing macroeconomic uncertainty, says IDC. According to IDC, strong performance in software, storage, enterprise network and mobile device markets has offset weaker trends in PCs, servers, peripherals and telecom provider equipment. However, the strength of the US dollar in the first half of 2012 means that IT spending in dollar terms is on course for growth of just 4% this year, a significant downturn for US-based tech vendors from the US dollar growth rate of 10.5% in 2011. Including telecom services, total ICT spending will increase by 5% this year in constant currency to $3.6 trillion (growth of...

Global Mobile Phone Shipments Reach 362 Million Units

Global mobile phone shipments grew a modest 1 per cent annually to reach 362 million units in the second quarter of 2012, according to research from Strategy Analytics. Samsung was the star performer during the quarter, capturing a record 26 per cent marketshare. Ongoing macroeconomic challenges in mature markets like North America and Western Europe, tighter operator upgrade policies, and shifting consumer tastes were among the key reasons why global mobile phone shipments grew just 1 percent annually to reach 362.0 million units in Q2 2012. Fuelled by surging demand for its Galaxy models, Samsung was the star performer, shipping 93.0 million mobile phones worldwide and capturing a 26 per cent marketshare to solidify its first-place lead. Nokia’s global handset shipments continued to decline, albeit at...

Private Equity Creates Value In Europe: E&Y

There were 83 private equity (PE) exits in Europe last year, the highest number since 2006 and 2007, according to an annual study of the European PE industry by Ernst & Young. You can download a PDF of the study here. Over the last seven years, the research has shown that 87 per cent of realized investments generated a positive return for investors, while the gross return on these PE investments outperformed investments in comparable public companies by a factor 3.6 times. Sachin Date  (Europe, Middle East, India and Africa Private Equity Leader, Ernst & Young): PE was able to improve productivity by 6.9 per cent per year across all European markets. It created more valuable, fitter businesses, notably in the UK, Ireland, France, Germany, Switzerland and Austria,...

Intelsat To Launch 5 New Satellites This Year

Satellite services provider Intelsat has confirmed the 2012 delivery of its Global Mobility Network, the core of which is based on five satellites launching over the next 12 months. Intelsat’s mobility infrastructure will ultimately be comprised of 10 customized Ku-band mobility beams on seven satellites spread around the geostationary belt. Through this effort, Intelsat will become the first satellite operator to offer continuous worldwide broadband coverage on a single fleet to maritime and aeronautical customers, backed by Automatic Beam Switching technology, says the company. The launch of Intelsat 22, currently planned for late March, will kick off Intelsat’s launch year. The satellite will be positioned at 72° East over the Indian Ocean region, joining the previously launched Intelsat 14 and Intelsat 18 satellites with additional...

Venture Capital Investment In Europe Fell In 2011

Venture capitalists put €4.4 billion into 1,012 deals for European companies in 2011, a 14 per cent decline in investment and 19 per cent decline in deal flow from 2010, according to Dow Jones VentureSource. This marks the lowest annual deal count for Europe since 2000. The fourth quarter was the weakest of the year in terms of deal activity as 194 deals collected €1.1 billion, a 43 per cent drop in deals and 38 per cent decline in investment over the same period in 2010. Weakness in the fourth quarter is notable as it is traditionally one of the most active quarters for deals. "Venture capitalists are having difficulty raising funds as the Euro crisis weighs on limited partners' minds and fewer companies are finding...

Consumers Intend To Buy Fewer Televisions: Accenture Survey

Consumers intend to buy fewer televisions this year and fewer are regularly watching content on them, a new Accenture survey has found. Consumers are rapidly turning to other consumer electronics devices such as smartphones and tablet computers to view media, while also using more online services and downloading applications for various purposes, including entertainment. The survey found that the percentage of consumers watching broadcast or cable TV in a typical week on televisions fell from 71 per cent in 2009 to 48 per cent in 2011. Consistent with this, the percentage of consumers who intend to buy a TV set during the next 12 months declined from 35 per cent in 2010 to 32 per cent in 2011. Smartphones and tablets: The research uncovered soaring growth in...

UK’s Sky Entertainment Acquires 10% Stake In Zeebox

  Sky has acquired a ten per cent stake in zeebox, a company that lets users watch interactive television on their smartphones via apps and ‘zeetags’ or links. The exact size of the transaction was not disclosed, but Sky called it a ‘ multi-million pound strategic partnership.’ Zeebox will remain an independent company, but as part of the deal, Sky Media will become the exclusive advertising sales agent for zeebox’s synchronised advertising inventory. Launching in the first half of 2012, Sky and zeebox will also offer a companion app experience for Sky customers with ‘augmented’ TV viewing features, such as connecting with friends around TV shows, finding more information about what's on TV, and buying products relating to their favourite programmes. The zeebox service – currently available on...

Microsoft Sues U.K. Retailer Group For 94,000 Fake Windows

Microsoft has issued proceedings against Comet Group for allegedly creating and selling more than 94,000 sets of counterfeit Windows Vista and Windows XP recovery CDs. The alleged counterfeits were sold to customers who had purchased Windows-loaded PCs and laptops. David Finn (Associate general counsel, Worldwide Anti-Piracy and Anti-Counterfeiting, Microsoft): As detailed in the complaint filed today, Comet produced and sold thousands of counterfeit Windows CDs to unsuspecting customers in the United Kingdom. The suit charges Comet with producing the counterfeits in a factory in Hampshire and then selling the media to customers from its retail outlets across the U.K. Comet is currently owned by French retail company Kesa Electricals, although it is reportedly being purchased by private equity firm OpCapita later this year.

Mobile Worker Population To Reach 1.3 Billion By 2015

By 2015, the world's mobile worker population will reach 1.3 billion, representing 37.2 per cent of the total workforce, says International Data Corporation (IDC). Worldwide mobile worker population will increase from just over 1 billion in 2010 to more than 1.3 billion by 2015. The most significant gains will be in the emerging economies of Asia/Pacific thanks to continued, strong economic growth. The Americas on the other hand, will experience a slower growth rate due to a protracted economic recovery and high rates of unemployment. The Americas region, which includes the United States, Canada, and Latin America, will see the number of mobile workers grow from 182.5 million in 2010 to 212.1 million in 2015. North America has the largest number of mobile workers in this...

Cisco, Moscow Business School Launch MBA iExecutive Course

  Techtaffy Newsdesk Cisco and Moscow Business School have announced a joint MBA iExecutive educational program. The program comprises MBA (Start, Professional and Industrial) courses delivered by the school; two-month Cisco iExec Enterprise Essentials 3.0 training, and a one-year English-language course. The intake of students is under way. Graduates will receive a Cisco certificate, a national diploma of the Russian Federation, and an MBA diploma in English with a European Diploma Supplement. Cisco Entrepreneur Institutes operate in 39 countries. Six institutes are located in Russia.