Indian firm Hinduja pays €1.35bn for Belgian KBC’s private bank
By Tarry Singh at 21 May, 2010, 11:23 am
KBL European Private Bankers was put up for sale by KBC in the aftermath of the financial crisis, when the group promised to make a string of divestments in exchange for €7bn in state aid. “As well as providing a stable home, continuity and careful stewardship for KBL, the [Hinduja] Group will also give the [...]
Read More >>Greece’s weakened economy breaks Euro’s back as EU remains uncertain over support
By Tarry Singh at 22 March, 2010, 7:35 am
Greece is truly playing its victim card here and breaking Euro’s back as EU members are divided on Greek rescue. I personally think that many EU states such as the well known PIGS will certainly make the EU more and more vulnerable and threaten its young currency as their imminent failure might create a clear [...]
Read More >>Should Tony Blair become the next EU president; forget Europeans, British disagree vehemently as well!
By Tarry Singh at 5 November, 2009, 12:27 am
Look at the massively growing comments. Interesting comments. Britons are pissed as this pissing contest of going for some fake place in the history, while UK is being brought down to its knees. Most of my British buddies are so pissed and disillusioned that these talented folks are deciding to leave UK for good. I [...]
Read More >>TurboHercules:The VMware of [IBM] mainframe launches; IdeationCloud+ Analyst report coming soon!
By Tarry Singh at 26 September, 2009, 3:40 am
It was only a matter of time that this secure and well protected mainframe market, mostly dominated by IBM comes under attack as TurbuHercules. Before we ponder about what TurboHercules does, it is very interesting to do the following analysis: Accelerator – Mainframes challenged by x86/x64 iron Strategy: Where to launch a company that intends [...]
Read More >>EU exposes Intel’s intentions by pressuring HW vendors to shun AMD!
By Tarry Singh at 21 September, 2009, 11:36 am
The European Commission sees that differently, alleging that the company’s actions ultimately harmed consumers by limiting competition. It said there were “no grounds” for Intel’s allegations of bias and that it had carefully and comprehensively gathered and weighed the evidence: some 3,900 documents from 141 companies, including all major computer manufacturers, the main European computer [...]
Read More >>Ylastic releases EU EC2 support
By Tarry Singh at 26 January, 2009, 11:20 am
Ylastic now supports the EU region and you can manage all of your EC2 resources within the EU easily. You can create,view,update and delete keys, groups, elastic ips, volumes, and snapshots within the EU. You can filter and search the AMIs across both US and EU, launch instances and manage them. Our daily PDF reports [...]
Read More >>VMworld Europe 2009: VMware expects over 5000 attendees!
By Tarry Singh at 14 January, 2009, 1:38 am
My serious advice to EMEA market is that they should not miss out the virtualization event in Cannes this year more than ever. Why? Well you will not find any one hanging around at VMworld. Not this year. All firms that are sending out their folks to VMworld are pretty serious about their business. No [...]
Read More >>RWE buys Dutch Energy firm Essent for €9.3 Bn
By Tarry Singh at 12 January, 2009, 10:08 am
Mr Grossman described Essent as the “perfect match”, which would help RWE tap the Dutch gas market as well as the retail market in both the Netherlands and Belgium. Although Essent is much smaller than RWE – its €7.4bn turnover in 2007 was around one-fifth that of its German buyer – the acquisition will help [...]
Read More >>IBM signs a $100 million deal with Czech Finance Ministry
By Tarry Singh at 24 December, 2008, 11:45 am
IBM Czech Republic today signed an agreement worth approximately $100 million with the Ministry of Finance of the Czech Republic to deliver and implement the Treasury Integrated Information System. The contract was signed based on the recommendation of the tender commission nominated by the Czech Government. The Treasury Integrated Information System is designed to enable [...]
Read More >>EU lets Amazon EC2 in!
By Tarry Singh at 11 December, 2008, 8:24 am
In a move that will extend the Web’s biggest cloud to encompass much of the globe, the company that began as an online bookstore is opening its commercial server hosting platform to the EU. The basic Amazon EC2 cloud services platform is now open to customers in the European Union. While this will bring Amazon’s [...]
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