Articles about 100m

Post Office: Here's £100m, Computacenter. Now get us up to date, for pity's sake

Services-based reseller Computacenter has bagged a £100m project to refresh and manage tens of thousands of PCs for the Post Office, in line with the customer’s aim to drag itself into the 21st century. The four-year End User Computing Tower involves CC buying, configuring, installing and maintaining more than 30,000 devices …
Paul Kunert, 08 Dec 2014
flag.Scotland

Psst. Hey, Jock. I got £100m for outsourcers here. Fancy a hit?

A £100m pot of cash for managed service providers will form part of the Scottish government's next public sector-wide tech agreement. A prior information notice on the Official Journal of the EU was distributed to suppliers for the replacement to the Scottish Procurement Framework, which is currently winding down. "Scottish …
Paul Kunert, 24 Jul 2014
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Want to own .app, .blog or .pet? Best sell a third of yourself for $100m on London Stock Exchange

Internet registry Afilias hopes to build a $100m (£62.3m) war chest by floating on the London Stock Exchange – just in time to spend the cash snapping up the rights to new dot-word domains. The company will sell 30 percent of itself next month, ahead of a critical dot-word auction planned for 17 December. Some 21 valuable new …
Kieren McCarthy, 23 Oct 2014

Schmidt gets $100m in Google stock on top of his $6m bonus

Google chair Eric Schmidt has gotten his second $100m dose of restricted stock units in less than three years. The Chocolate Factory said in a filing with the Securities and Exchange Commission that Schmidt was getting the stock award along with a $6m cash bonus for the year next week. The firm said the sizeable package was "in …

How much will it take to make OpenStack better? Well, stack dev Mirantis just bagged $100m ...

Three-year-old OpenStack startup Mirantis has scored $100m in venture-capital funding, we're told. The series-B cash injection came from Intel Capital, Ericsson, and Sapphire Ventures (formerly SAP Ventures) and other investors. Mirantis was founded in 2011, and (until now) had $20m in the bank from Valley sugar daddies. It …
Gavin Clarke, 21 Oct 2014

Don't hang up! Cisco chucks $100m at Internet of Things

Cisco may have predicted tough times ahead, after sales recently fell sharply in China and it laid off 4,000 employees due to a growth slump, but the networking giant reckons that pumping cash into the so-called Internet of Things will help spur on recovery. It has slapped $100m on the pile to invest in ultra-low-power embedded …
Kelly Fiveash, 13 Feb 2014
PhoneShop TV show

Vodafone to spend £100m on 150 new Brit phone shops

Vodafone has said that it plans to add another 150 shops in Blighty and create 1,400 retail jobs in the next 12 months as part of a £100m expansion. The cash for the expansion is coming out of the company's billion-pound investment pot, which is also funding its aim to cover 98 per cent of the UK population by 2015 with 2G, 3G …
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UK.gov: NO MORE tech deals bigger than £100m. Unless we feel like it

Tech titans that grew fat off the public sector purse should take note that IT contracts worth £100m and over are to become a thing of yesteryear - according to the government. This is one of a number of "red lines" that the Cabinet Office published today, in new regulations that are designed to loosen the grip that hefty …
Paul Kunert, 24 Jan 2014
Handshake

With $100m+ buyout deal, Klout is suddenly popular again

Klout, the startup that claims to be able to measure users' influence on social media sites, has just gained a whole lot more influence of its own – at least $100m worth. Re/Code reports that Klout has been acquired by "social customer experience" company Lithium Technologies in a cash-and-stock deal valued "in the low nine …
Neil McAllister, 11 Feb 2014
Lenovo K800

Restless PC biz Lenovo blows $100m to gobble 2,500 mobe tech patents

Lenovo has inked a patent deal which looks to expand the company's reach into the mobile computing world. Wireless intellectual property broker Unwired Planet said it will take $100m in cash from the Chinese electronics giant in exchange for about 2,500 "issued and pending US and foreign patents" covering wireless broadband and …
Shaun Nichols, 21 Mar 2014
IBM's Watson playing Jeopardy

IBM to invest $100m and a decade into using Watson in Africa

IBM is planning to invest $100m and 10 years on getting Africa hooked on its Watson supercomputer system. Big Blue said that it wants to use the system in "Project Lucy", named after the earliest known human ancestor, to help the continent in key areas like healthcare, education, sanitation and agriculture. "In the last decade …

Freeview's rumoured '£100m YouView killer' is real – and it's yet another digital TV thing

+Comment A new UK TV platform dubbed Freeview Connect has been officially announced after many months of rumour within the industry. It will provide catch-up and other on-demand services for terrestrial UK broadcasters – much as YouView does today. The move leaves Freeview shareholder Sky, which has its own telly platform, out in the …
Andrew Orlowski, 05 Jun 2014
BBC logo 2012

£100m DMI omnifail: BBC managers' emails trawled by employment tribunal

Analysis The BBC last week stood by its dismissal of former technology chief John Linwood over the failed £100m digital media initiative. The Corporation was judged to have broken the law in dismissing Linwood and reading the tribunal’s findings makes the BBC's defence difficult to accept. According to the BBC, the tribunal “ …
Gavin Clarke, 12 Aug 2014
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Samsung puts Silicon Valley on a plate in $100m all-you-can-eat

South Korean leviathan Samsung has ring-fenced $100m to snap up early startups in IT security, mobile tech and remote computing. The globe-spanning chaebol has already set aside a billion dollars for its Samsung Ventures America Fund subsidiary, which will be run along with the $100m "Catalyst Fund" at the new Samsung Strategy …

Elon Musk: 'Fudged' NYT article cost Tesla $100m

Tesla Motors founder Elon Musk says a recent negative review of his company's Model S electric car by The New York Times may have cost his company as much as $100m. "It probably affected us to the tune of tens of millions if not maybe on the order of $100m, so it's not trivial," Musk said in an interview with Bloomberg TV's …
Neil McAllister, 25 Feb 2013

Ingram chief on $100m SLASH FEST: 'It doesn't take a genius' to see IT market's changing

Lumbering tech distributor Ingram Micro is banking on the biggest restructure in its European history to make the biz leaner and meaner, regional president Gerhard Schultz has revealed. Details of the global transformation plan designed to slash annual overheads by $100m a year are emerging, and as revealed yesterday will …
Paul Kunert, 28 Feb 2014
The Register breaking news

White Space wonga time: White House tips $100m into next-gen comms

The US government will sink $100m (£63.5m) into research and development of White Space technology over the next five years. And the majority of the cash will come from everyone's favourite mad-professor tech clearing-house DARPA. The first $23m will come direct from the White House, and will be awarded in the next couple of …
Bill Ray, 17 Jun 2013

Dutch tech services outfit Imtech takes €100m write-down

IT technical and managed services provider Imtech is warning of a financial writedown of at least €100m due to "possible irregularities" at its Polish sub. The Netherlands-based group, which also has electrical and mechanical service units in addition to its ICT arm, said it had "ordered a forensic investigation" of the …
Paul Kunert, 04 Feb 2013

Korean credit card companies hit with 90-day, $100m sales ban

Three South Korean credit card firms which are thought to have exposed the personal data of 20 million customers have been forced to suspend all new business for three months in a blow which could cost them nearly $100 million. Korean regulator the Financial Services Commission (FSC) said the firms were not allowed to sign up …
Phil Muncaster, 20 Feb 2014

UK.gov dumps another £40m into unpopular SME broadband scheme

Seemingly flush with cash, the government is pouring an extra £40m into its SME broadband voucher scheme, despite the pitiful take up of the existing £100m initiative to date. Plans to extend the scheme until March 2016, and to more cities, were outlined in the Treasury's 2014 National Infrastructure plan. "Vouchers will be …
Kat Hall, 03 Dec 2014
The Register breaking news

Google Plus minus Meebo Bar equals Google minus $100m

Google will axe the website widget Meebo Bar just one year after buying the company that built it. The advertising giant said it scrapped the tool to focus on its Google+ plugins. Google bought Meebo on 4 June reportedly for $100m, before proceeding to strip away much of its functionality. It started as an instant-messaging …
Jasper Hamill, 29 Apr 2013
BBC logo 2012

'Silent' staff stood by as £100m BBC IT project tanked – DG

The BBC's new director general Tony Hall says staff should have spoken up about the catastrophic Digital Media Initiative (DMI). The utopian media storage project cost the BBC almost £100m since 2010 (and some £81m before then) before it was formally abandoned in May, with the corporation opting to use off-the-shelf software …
Andrew Orlowski, 23 Aug 2013
The Register breaking news

Swivelling Eye-of-Sauron style WiFi maker preps $100m IPO

Wi-Fi signal booster biz Ruckus Wireless has set in motion a $100m stock market debut, and hopes to be listed early next year. The company requested the stock symbol RKUS but didn't specify how many shares will be sold nor which exchange will host the listing - the fields are blank in the initial public offering paperwork filed …
Bill Ray, 08 Oct 2012
The Register breaking news

Apple to cough up $100m after kids rinse parents' credit cards on apps

Parents whose credit cards took a hammering after their kids went on iTunes spending sprees are in line for some compensation from Apple - in a lawsuit settlement that could cost the fruity biz $100m. Parents were horrified to receive huge bills from their iTunes accounts for items such as virtual vegetables for iPad games. A …
Anna Leach, 26 Feb 2013
The Register breaking news

Chinese man pleads guilty to $100m piracy scam

A Chinese businessman has pleaded guilty to copyright infringement on an epic scale after helping to crack and sell pirated high-end software worth in excess of $US100m over a three year period. Xiang Li of Chengdu in China’s south-western Sichuan province, disputed the value of the software he sold but pleaded guilty to …
Phil Muncaster, 08 Jan 2013
The Register breaking news

HP's Ray Lane faces $100m tax bill over 'sham' tax shelter

It seems ex-HP chairman Ray Lane is as good at picking tax shelters as software companies, since the IRS now says he owes them $100m in unpaid taxes from an investment scheme that has been ruled illegal. Papers filed in the Washington tax court show claim Lane, who stepped down from HP in April in the wake of the botched …
Iain Thomson, 07 Jun 2013

Australia cuts Microsoft bill by AU$100m

Australia has reduced the amount of money it pays for Microsoft products by AU$100m (£66m, $103m), according to the nation's Chief Technology Officer John Sheridan. Speaking yesterday at the Kickstart conference, Sheridan explained that consolidating contracts from 42 to one and working through a single reseller has enabled the …
Simon Sharwood, 17 Feb 2013
The Register breaking news

Blighty slaps £100m spending cap on govt IT projects

The coalition's election pledge to cap IT contracts at £100m will become official policy from next month. A procurement policy notice released by the Cabinet Office sets 1 April as the deadline when the cap will come into force for central government departments, their agencies and non-departmental public bodies. The £100m …
The Register breaking news

'UK DNA database by stealth' proposed in £100m NHS project

Prime Minister David Cameron is to announce plans for the NHS to create a massive database of patients' DNA, which experts have advised could lead to massive health benefits and advances in medical technology. However the creation of such a database has obvious and far reaching privacy implications. In an attempt to address such …
Kelly Fiveash, 10 Dec 2012

DataDirect plunks $100m on storage array disguised as a super

Supercomputer storage supplier DataDirect Network is setting up a $100m exascale computing lab. The goal is to hit one quintillion floating-point operations per second, and DDN hopes this mind-boggling level of number-crunching will be reached by 2018. The company is going to direct its funds to: Accelerating IO with a new file …
Chris Mellor, 14 Nov 2012

'£100m For Sale' sign plonked outside Northgate MS - sources

Northgate Managed Services (NMS) is up for sale and investment banking biz Jefferies International is doing the hawking, claim sources close to the company. "Northgate Managed Services is up for sale, the reality is that the business has been offered to a number of firms," said a person familiar with the matter. It is …
Paul Kunert, 12 Sep 2012
The Register breaking news

Techies evac'd as raging wildfire menaces $100m Colorado data centre

A massive HP data centre in Colorado Springs is in danger of being destroyed by a wildfire raging near by. The data centre, located alongside a HP laboratory and office on Rockrimmon Boulevard in Colorado Springs, is in the mandatory evacuation area (PDF) for the fire, although the fire hasn't reached that street yet. "The …

HOW MUCH did WD pay for Skyera? Join the dots, work it out

Comment We at El Reg suggested yesterday, Monday, that WD paid up to $400m for the all-flash array upstart, but WD has since mailed us to say that's wrong. Jim Pascoe, WD's corporate marketing director, told us: "You estimated that Skyera had secured $90m-$100m of funding following on from seed finance. In fact, the total amount Skyera …
Chris Mellor, 17 Dec 2014
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UK.gov unzips, pulls out £100m wad for its favourite suppliers

The UK Cabinet Office says as much as £100m of public-sector IT contracts are now up for grabs for the 458 cloud services providers approved by Whitehall. All the government needs to do now is teach IT buyers in the public sector how to actually use the newly launched UK.gov G-Cloud 2 CloudStore, Blighty's online procurement …
Paul Kunert, 26 Oct 2012
The Register breaking news

Osborne names UK cities to land £100m broadband bonanza

Budget Day 2012 The Chancellor of Exchequer George Osborne confirmed today exactly which cities in the UK will get their hands on a cash pile set aside to speed up broadband. Belfast, Birmingham, Bradford, Bristol, Cardiff, Edinburgh, Leeds, London, Manchester and Newcastle will be dubbed "super-connected cities" by the government at least, …
Kelly Fiveash, 21 Mar 2012
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Adapt swallows eLINIA for £13m, plans £100m sales op

Adapt, the venture-backed UK managed service provider, is touting ambitions to build a £100m operation inside four years and has taken a small step toward that goal by stumping up £13m for infrastructure outsourcing firm eLINIA. Lyceum Capital, pumped £30m on London-based Adapt in September last year and the company has started …
Paul Kunert, 17 Apr 2012
The Register breaking news

Google Plus plus Meebo equals Google minus $100m

Google is set to acquire website widget maker Meebo for a reported price tag of $100m (£64.8m) in a clear move to drum up interest in Google+, the ad giant's flagging social network. Meebo confirmed the planned takeover in a blog post on Sunday. The cloud-based upstart makes a button bar that, among other things, appears on …
Kelly Fiveash, 06 Jun 2012
The Register breaking news

Obama seeks $100m to unlock your BRAIN's secrets

The Obama administration has announced a major new effort to study what the president referred to as "the mystery of the three pounds of matter that sits between our ears." BRAIN Initiative infographic Details of the White House's 'Grand Challenge' (click to enlarge – substantially) The private-public partnership, …
Rik Myslewski, 03 Apr 2013
The Register breaking news

Pinterest valued at $1.5 BILLION, bags $100m in funding

Cupcake and kitten-laden photo site Pinterest has bagged $100m in funding from a bunch of investors led by Japanese online retailer Rakuten. Rakuten said today that it was heading up the multimillion-dollar handout with help from existing Pinterest investors Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital as …

Hortonworks falls well short of billion dollar IPO expectations

Open source supremo Hortonworks has announced a rather lacklustre IPO, falling miles short of the billion dollar valuation big data tycoons were hoping for. It hopes to raise $78m by flogging six million shares at a cost of between $12 to $14, which roughly works out to a disappointing market valuation of $659m. Hortonworks …
Jasper Hamill, 02 Dec 2014
BBC logo 2012

BBC lied to Parliament about doomed £100m IT monster, thunder MPs

Analysis The BBC lied to Parliament by giving MPs and auditors glowing progress reports on a £100m computer project that embarrassingly flopped, it is claimed. The project in question, the "strategic" Digital Media Initiative (DMI), has now been abandoned at a cost of at least nine figures; a rapid decision by the new BBC Director- …
Andrew Orlowski, 12 Jun 2013
BBC logo 2012

BBC suspends CTO after £100m is WASTED on doomed IT system

The BBC has suspended its chief technology officer on full pay - after it spunked almost £100m on a "tapeless" digital content management system that didn't deliver. The £98.4m figure attributed to the failed Digital Media Initiative (DMI) may be a conservative estimate: the BBC Trust has commissioned an external technical …
Andrew Orlowski, 24 May 2013
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Yahoo!-backed Hadoop biz Hortonworks flings itself at the stock market

Big data analytics firm Hortonworks filed paperwork with the US Securities and Exchange Commission on Monday announcing its intent to go public, making it the first of the Hadoop startups to float an initial public offering. The filing didn't say how many shares Hortonworks plans to offer or at what price, but it estimated the …
Neil McAllister, 10 Nov 2014

Yahoo! buys vid-pusher BrightRoll for $640m

Yahoo! has bought video advertising service BrightRoll for $640m in a bid to become the "biggest video advertising platform" in the US. The transaction will combine Yahoo!'s desktop and mobile video advertising to "bring substantial value to advertisers on both platforms", apparently. This year, BrightRoll estimates revenues …
Kat Hall, 12 Nov 2014

Working over Christmas? Government tech suppliers will be

The government’s tech procurement arm is asking suppliers to burn candles brightly over the festive season by filling in a 700-question Network Services tender after redrafting it. An OJEU contract notice for the framework, worth between £100m to £2bn over four years, was rewritten because suppliers claimed it was convoluted. As …
Paul Kunert, 22 Dec 2014
The Register breaking news

India splurges £100m on new mega internet snooping HQ

Updated India's clampdown on its netizens is set to continue after its government revealed it is setting up a National Cyber Co-ordination Centre to monitor all web traffic flowing through the country – in the name of national security. The Times of India had access to the minutes of a National Security Council Secretariat meeting held …
Phil Muncaster, 29 Feb 2012

Alabama quadchopper hits THREE THOUSAND FEET next to AIRPORT

Vid An Alabama UAV enthusiast has been told by the Federal Aviation Authority (FAA) to steer clear of airports after he sent a quadcopter up to 1,100m (3,609 feet) within five miles of Birmingham-Shuttlesworth International Airport (BHM). Michael Mayhew posted an impressive video of the DJI Phantom 2 flight on YouTube, and shared …
Lester Haines, 07 Jul 2014
The Register breaking news

Nokia Ace to launch from $100m mountain of ad cash

Microsoft and its partners will start spending money like water in the next three months, following the launch of the Nokia Ace, according to sources cited by Betanews. The site says $100m in cash will be spent by AT&T, Microsoft and Nokia to push the Windows Phone handset into American hands in the second quarter of 2012. That …
Bill Ray, 04 Jan 2012

Gov.UK annual IT spend edges down... to £4.3 BEEELLION

Government IT costs edged down by 8.5 per cent across the nine biggest Whitehall spenders to £4.3bn for 2013/14 compared with the previous year. Back office systems account for the lion's share of running costs, with more than 80 per cent of IT budgets going on this area, according to El Reg's analysis of government spending …
Kat Hall, 24 Nov 2014
The Register breaking news

Geek darling GitHub nabs $100m investment

Software developers aren't always known as the most social of creatures, but the venture capital firm of Andreessen Horowitz is betting big that the social networking craze will be a cash cow even among hardcore geeks. The firm, which was cofounded by Marc Andreessen of Netscape fame, has sunk $100m into GitHub, the online …
Neil McAllister, 10 Jul 2012