Articles about 100m

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

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
gTLD graphic

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 …

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

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
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 …
francis_maude_flames_evil

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
Samsung logo

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

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
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

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

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
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
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
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

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

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

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 …

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
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

'£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 …
Maybe it won't look like this

Tesco tries to talk Tesco Mobile up from 'Value' to 'Finest' ahead of sale

Analysis Tesco is rumoured to be selling off Tesco Mobile, its mobile phone network. The move comes as no surprise, with the company hauling back to its core businesses after dismal results, recently writing down assets to post a loss of £6.4bn. Figures given for the value of the business sit at about £700m. This is on the basis of Tesco …
Simon Rockman, 13 May 2015
francis_maude_flames_evil

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
channel

Adapt swallows eLINIA for £13m, plans £100m sales op

Adapt, the venture cap-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 …
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

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 …
Cabinet Office minister Francis Maude against bakdrop of '70s stone facade with old axes hung up on wall (background by Michael Coghlan, licensed under CC 2.0

All hail Mad Frankie Maude, noble Lord of Cabinet Office Axemen

Former Cabinet Office minister and architect of the coalition government's IT spending controls Francis Maude has been handed a life peerage. The announcement means Mad Frankie can can continue to wield his axe against the IT "oligopoly" behind the scenes and in perpetuity from the House of Lords. Maude announced he would be …
Kat Hall, 15 May 2015
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
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Post-PC era? Surely you're joking, says Lenovo as computers fly out of door

Computers are still flying out of the door for Lenovo but Q4 profits crashed by more than a third due to a hike in operating expenses that followed several acquisitions. Net income fell 36.7 per cent to $100m as the buys of Motorola and IBM’s x86 server business took a toll on costs. The Chinese tech maker reported quarterly …
Paul Kunert, 21 May 2015
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Citrix: Hmmm, profit down 30%? Right. 900 HEADS WILL ROLL

Hundreds of workers at Citrix Systems are to be shown the door to counter nose-diving profit and boost the R&D pot. The purveyor of virtualisation, networking and cloud infrastructure stuff last night rolled out results for the three months ended 31 December and sales were up six per cent to $851m – analysts had forecast $844.3m …

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
Periscope for Android

Live web vid spaff app Periscope shoved up Android mobes

Popular live video-broadcasting app Periscope has been released as an Android app via the Google Play store. A trio of Periscope engineers announced the release on a Medium post Tuesday morning. Periscope, Twitter's answer to fellow mobile broadcasting app Meerkat, allows users to record and broadcast live video streams from …
Shaun Nichols, 26 May 2015
Intel and Micron's 20nm, 128Gb NAND chip

Tegile scores VC cash to splash on flash growth dash

Tegile has landed itself a massive $70m D-round of funding to pay for global expansion of its hybrid/all-flash array business. Founded in 2010 with a $2.l5m A-round that year, Tegile took in a $10m B-round in 2012, and a $35m C-round in 2013. Total funding now stands at $117.5m. In comparison, fellow hybrid array startup Tintri …
Chris Mellor, 27 May 2015
IBM Watson QA Power7 cluster

Apple, IBM jump into bed for health data love in

Apple has partnered with IBM to use Big Blue’s former Jeopardy contestant Watson to crunch cloudy data obtained from Cupertino's fruity and still hard-to-come-by watches. The move is part of IBM’s unveiling of its Watson Health Cloud, intended to provide a platform for health researchers to aggregate information collected from …
Kat Hall, 14 Apr 2015
cake

Reseller SCC buys a slice of Fluidata

IT re-seller SCC has taken an undisclosed stake in London-based data connectivity outfit Fluidata, so as to further muscle into the infrastructure space. James Rigby, chief executive of SCC, said the investment will give the company access to the data telecoms market. "Fluidata positions SCC at the forefront of data centre …
Kat Hall, 23 Mar 2015
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
Dunce

VMware activates AirWatch MDM fail removal plan

Exclusive VMware is updating AirWatch for the second time in just over two weeks after an earlier update crippled the software, which Virtzilla bought for $1.54bn. The firm told The Reg it plans to release an updated version of the AirWatch Agent, 5.1.2, to fix the problem. The updated agent will be available from the Google Play Store …
Gavin Clarke, 13 Mar 2015

Bluetooth privacy is mostly ignored, so you're beaming yourself to the world

The popular Bluetooth Low Energy (BLE) beacon protocol isn't just a privacy risk up close – it can spaff your phone's or wearable's movements and information from a decent distance, and make you trackable. BLE best practice is to provide at last a minimal amount of user ID masking – not too much or iBeacons would be useless to …