(The Hosting News) – Big news for hosting provider PEER 1: The company is set to become a part of Cogeco Cable after the two sides announced an acquisition on Friday. Worth $3.85 in cash per share, the deal is expected to expand Cogeco’s portfolio with services geared towards SMBs. In a press release discussing the matter, Louis Audet, CEO of Cogeco, called the move “consistent with Cogeco Cable’s commitment to grow its presence in the sector.” “There are significant opportunities for growth including increasing Cogeco Cable’s penetration of the small and medium-sized business segment, gaining market share in the enterprise services market and maximizing the potential of current services offered,” Audet continued. PEER 1’s services included managed services, infrastructure, e-commerce, dedicated servers, maintained by nineteen data center locations. The web host’s CEO, Fabio Banducci, meanwhile, referred to Cogeco Cable as a “well positioned telecommunications company,” calling the acquisition an “ideal match for PEER 1.” The decision comes after consultation with RBC Capital Markets and was fully supported by PEER 1’s board of directors. PEER 1 Acquired by Cogeco Cable for $3.85/Share
(The Hosting News) – Cloud management provider MangeIQ will be acquired by popular Linux OS operator Red Hat in a deal totaling $104 million. The company buy was announced Thursday. The move appears to be a natural fit as ManageIQ was already a member of Red Hat’s partnership program. “We are very excited to be joining Red Hat. Our strong virtual and cloud management solutions, highly differentiated technology and experienced team are a perfect fit with Red Hat. We share a common vision of cost effective, open and automated deployment and management of enterprise IT cloud resources,” commented ManageIQ co-founder Joe Fitzgerald in a press release. Meanwhile, new services that will be added to Red Hat’s portfolio thanks to the deal include virtualization, hybrid cloud management along with an IaaS called CloudForms.
(The Hosting News) – As technology continues its market rise, so do the threats: That’s the point top mobile provide Verizon made Thursday, issuing a stern warning that web app exploits could be a top problem in 2013, among other concerns. The analysis was provided by Verizon’s RISK team, which based its findings on past data along with its 2012 data breach report. Verizon noted web application exploits had a higher chance of affecting larger sized organizations, including governments, instead of SMBs. For its part, the RISK Team said entities shouldn’t ignore “secure application development.” One of the largest hacking threats found, however, were issues related to authentication – including what Verizon said were “vulnerable or stolen usernames and passwords.” Data breach author Wade Baker, meanwhile, emphasized that 9 out of 10 breaches included “compromised identifies or authentication systems.” And the other primary threat? Social engineering, which Verizon says includes deceiving tactics like phishing. To deal with it, Verizon says organizations should focus on education along with vigilance. Baker noted the way Verizon conducted its studies differed from others. “Many security experts are using anecdote and opinion for their predictions, whereas Verizon’s researchers are applying empirical evidence to help enterprises focus on what will be truly important in the coming year — and also what isn’t,” he stated. The company said attacks on mobile devices could also ramp up following what the company views as a market shift towards mobile payments. Verizon: Web App Exploits a Top Concern for 2013
Intel’s 3rd Generation “Sandy Bridge-E” Details Reveal Clock Speeds and Model Numbers
Details of the first three Intel Sandy Bridge-E Processors have been revealed. The Sandy Bridge-E (LGA 2011) platform will replace the older LGA1366 Core i7 Processors. According to our previous roadmap details (here), Sandy Bridge-E will fall under “Extreme” and “Premium Performance” branding.
CHICAGO, Jan. 30, 2012 /PRNewswire/ -- SingleHop, Inc., a leader in highly automated Infrastructure-as-a-Service, today announced the company was named the Best Dedicated Serverprovider in the 6th Annual Web Host Awards by HostReviews.com. According to the HostReview committee, the selection process was based on factors such as service quality, customer support, package diversity, new products, and overall performance. The award comes weeks after SingleHopannounced they achieved 100% uptime for 2011 between both their data centers.
"These are both great signs of our commitment to build and improve our own infrastructure to provide our clients with the highest level of service and dependability. Dedicated servers have been at the core of our business from the beginning. This award means that even though we are constantly releasing new products and services, we've never lost our focus," said Zak Boca, Chief Executive Officer.
AMD to Prolong Lifespan of Current Opteron Server Platform
Advanced Micro Devices has cancelled its multi-core Opteron server chips code-named Sepang (up to 10 cores) and Terramar (up to 20 cores) that were supposed to be launched in 2012. Moreover, the company decided to keep the existing server platform for its 2012 - 2013 server refreshes, which means that AMD-based machines will not support numerous new features.In the 2012 - 2013 timeframe AMD plans to release Opteron code-named Abu Dhabi microprocessor with up to 16 Piledriver cores for 4-socket servers, Seoul central processing unit with up to 8 Piledriver cores for 2-socket servers as well as Delhi chip with up to 8 Piledriver cores for 1-socket servers. All the new CPUs will fit into existing socket G34, socket C32 and socket AM3+ and will therefore bring no improvements on the platform level. The new processors will be made using 32nm SOI process technology at Globalfoundries. Both chips are currently expected to arrive in the second half of the year.