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Articles about 15m

Feds charge three in brain-ache $15m Pentagon payroll pillage plot

Three men have been indicted in the US for trying to steal at least $15m by hacking into the Department of Defence's payroll service and customer accounts at 14 different financial institutions. The US Attorney's office in New Jersey has charged two men from Kiev in Ukraine, Oleksiy Sharapka and Leonid Yanovitsky, and a third …

Docker loads up $15m to push containerization into bit barns

Containerization expert Docker has slurped $15m in filthy valley lucre to help it push its tech further into data centers under the leadership of a new, experienced chief executive. The funding will give the company the money needed to grow its engineering team while also ploughing more money into sales and support, says new …
Jack Clark, 22 Jan 2014
grab_that_cash

Launchpads, catapults... what a load of - WAIT, there's £15m for grabs?

Techies and investors with bright ideas for commercial video, imaging and games businesses can apply for a slice of £15m this month – if they can wade past the quango-ese jargon of "catapults" and "launchpads". It's all intended to commercialise good ideas. Created by Gordon Brown in 2007, the Technology Strategy Board (TSB) …
Andrew Orlowski, 23 Sep 2013

Microsoft's $15m won't last forever: Quantum, CommVault to flog new backup kit

Quantum is still chewing on its $15m royalty payout from Microsoft, but that was a one-off, and it needs to make plans if it doesn't wish to go hungry again. To that end, the storage firm is adding a dash of Simpana software to boost the growth of its Lattus object storage business. It has also introduced a new virtual …
Chris Mellor, 28 Aug 2013
Cassini image of Jupiter. Pic: NASA

NASA robot plans mid-2020s trip: Europa. Wet, radioactive life forms (hopefully). Bliss

NASA is plotting a mission to send its robotic lander to Europa, one of Jupiter's moons and the place deemed most likely to host life. The American space agency has reserved $15m of its $17.5bn annual budget to pay for a robotic journey to the icy moon. "Europa is a very challenging mission operating in a really high radiation …
Jasper Hamill, 05 Mar 2014
The Register breaking news

Aussie nano tech project gets AU$15m in global VC funding

A Queensland-based nanotech start-up has secured AU$15m in funding from a group of international biotechnology investors. Venture capital firm One Venture is backing the creation of start-up vehicle Vaxxas, which will allow the University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN) Professor …
globalisation

Recovery-ware startup Zerto uncloaks, scoops $15m

Secretive recovery software start-up Zerto has closed a $15m financing round just weeks after emerging from stealth mode. Zerto provides VMware hypervisor-based replication enabling disaster recovery for virtualised server applications. This is more flexible, Zerto says, than relegating replication to storage arrays, and is …
Chris Mellor, 16 Aug 2011
The Register breaking news

Feds seize $15m from scareware monger's Swiss account

Federal authorities have seized $15m from a fugitive accused of bilking millions of people in scareware and counterfeit antivirus software scams. Mugshot of Jain provided by ICE Mugshot of Shaileshkumar Jain Members of the Department of Homeland Security's Immigration and Customers Enforcement division confiscated the $14.8m …
Dan Goodin, 09 Jun 2011
The Register breaking news

Cable thieves cost UK rail £15m a year

Copper thieves are costing Network Rail £15m a year and causing 6,000 hours of delays. In the last three years the thefts have cost £43m, and last year attacks went up 52 per cent to an average of six a day. In 2010/2011 there were almost 1,000 cable thefts at a cost of £16.5m. But British Transport Police, which now has a …
John Oates, 10 May 2011
channel

Fujitsu wins £15m Welsh supercomputer bid

Fujitsu has won the bid to power Wales's high-performance computing (HPC) ambitions with a £15m, four-year project to build a supercomputer grid using Primergy Xeon servers and InfiniBand. The HPC Wales system is a hub-and-spoke design, with two connected hubs at Cardiff and Swansea/Pembroke Dock, connected by Mellanox-supplied …
Chris Mellor, 22 Mar 2011
cloud_channel

Cloud storage gateway firm: Selling to end users? Meh. We'll leave it to CSPs, et CTERA

A briefing from folks at cloud storage gateway upstart CTERA revealed there was more to the firm than Reg storage desk had thought. CTERA was founded by Liran Eshel and Zohar Kaufman after experience running a company in the SMB network security area and producing appliances. Eshel is CTERA’s CEO and Kaufmann its VP for research …
Chris Mellor, 10 Apr 2014
The Register breaking news

Feds crack phone clone scam that cost Sprint $15m

Federal prosecutors have uncovered a scam that used tens of thousands of cloned cellphones to defraud Sprint out of $15m in lost long distance revenue. The operation dates back to at least the latter half of 2009, when cellular customers began complaining that they were billed for international calls they didn't make, according …
Dan Goodin, 01 Sep 2010
T-Mobile modem

T-Mobile US to raise nearly $2bn in share sale to splurge on spectrum

T-Mobile US has announced it will be selling off a bunch of new stocks to bring in nearly $2bn to spend on spectrum. America's fourth largest mobile service provider said it would offer 66.15m common shares and use the proceeds for a whole bunch of vague corporate stuff and for "opportunistically acquiring additional spectrum …

Met cops to collar up to £20m of IT gear a year from US giant Insight

US reseller Insight Enterprises has cut a multi-year deal with London's Metropolitan Police to supply infrastructure kit and software worth up to £20m annually – just as the Sprint ii purchasing framework nears its end of life. Sprint ii is a cross-public-sector single-supplier agreement won by SCC in April 2010; it made SCC the …
Paul Kunert, 14 Mar 2014

OAR-some! 18ft SEA SERPENT discovered off US coast

A marine boffin has come across a terrifying 18-foot "sea serpent" off the coast of California. Youtube Video Marine science instructor Jasmine Santana was swimming along the coast of Catalina Island when she came across the huge beast, which was actually a rare oarfish, but nonetheless the "discovery of a lifetime", according …

Distie giant Tech Data's profits collapse amid beancounter probe

Fresh from restating P&L accounts for fiscal 11', '12 and '13, box-flinging demon distie Tech Data has released some delayed numbers for the nine months to 31 October and they make for happy reading… if you are a rival. The world's second largest tech wholesaler earlier this month published a report on the embarrassing …
Paul Kunert, 25 Feb 2014
channel

IBM bags £15m borders deal

The Home Office has awarded a support deal to extend the use of its Semaphore border system, following the cancellation of the e-Borders contract. The government awarded the support deal to IBM without a competition, as it said that as the current supplier it is the "only possible provider" capable of keeping Semaphore in action …
Kable, 29 Oct 2010

QUIDOCALYPSE: Blighty braces for £100 MILLION cost of new £1 coin

As we predicted yesterday, it hasn't taken coin-guzzling machine operators long to kick off moaning about the cost of converting kit to accept Blighty's new 12-sided quid*, slated to hits the streets in 2017. The proposed 12-sided pound coin. Pic: The Royal Mint We suggested the retrofit bill for the old thrupenny-inspired …
Lester Haines, 20 Mar 2014
channel_teaser_exit

Exit stage left: Two more Insight big cheeses clear their desks

Change remains the order of the day at Insight Enterprises after it emerged that another couple of senior figures are on the way out. It has been confirmed that EMEA marketing director Ashley Gatehouse and veep of global sales Frank Bitoun are walking in the footsteps of other execs who have recently been made redundant. …
Paul Kunert, 12 Nov 2013
The Register breaking news

Phorm gets £15m lifeline

Phorm has today raised a £15m war chest by selling almost a fifth of itself to institutional investors at less than a quarter of its price last year. It'll use the cash to cover its operating costs while ISPs continue to mull its web monitoring and profiling system. The firm sold 3.3 million shares at £4.50 each. It has been …
Docker Red Hat

Red Hat: We've got a corker for Docker Linux locker app hawkers

Red Hat has woken up to the growth of Linux containers – cough, cough, Docker – and has begun certifying applications running in the sandboxing tech. The Red Hat Container Certification program was announced on Tuesday, and essentially checks that a piece of software can be executed safely and securely in a container on Red Hat' …
Jack Clark, 11 Mar 2014
channel

Overland gets $15m tide-us-over cash

Overland Storage is raising $15.4m to tide it over before new product sales lift revenues. That's our take on the struggling data protection and storage appliance vendor's private placement of 8,722, 904 common stock shares plus warrants to buy up to 3,838,069 more. These warrants have an exercise price of $1.71 per share and …
Chris Mellor, 17 Mar 2011

Scotland Yard defends single supplier IT gig with Insight

London's Metropolitan Police has defended its use of a single supplier procurement standard after it penned a four-year deal with IT hardware outfit Insight, claiming it could yield cost savings of up to ten per cent over the contract's lifetime. The previous buying arrangement that London cops had with SCC under the Sprint ii …
Paul Kunert, 18 Mar 2014
The Register breaking news

Camby cash crypto-coders Cronto chomped on pronto by Vasco

Swiss software firm Vasco has bought Cambridge-based banking security specialist Cronto in a deal valued at up to £14.5m. Vasco will pay $19.3m (€15m, £12.7m), and a further $2.6m (€2m, £1.8m) depending on future earnings, to get its hands on the British upstart's malware-defeating technology. Its software attempts to shield …
John Leyden, 22 May 2013

Microsoft took away $4m of our profits, laments mighty reseller

The cost of redundancies and restructuring together with the biting changes Microsoft made to sales incentives almost wiped out the profit that Insight Enterprises made in EMEA during Q4, closing the curtains on a year of change. The reseller titan reported a five per cent regional sales spike to $397.6m in the final quarter of …
Paul Kunert, 13 Feb 2014
New infantry kit modelled by British troops. Credit: MoD

Army spaffed MILLIONS up the wall on flawed Capita online recruiting system - report

The Ministry of Defence's implementation of a computer system for an online recruitment drive has reportedly been far worse than the "teething problems" the UK government coughed to in December. According to The Times (subscription needed), the British Army's £1.3bn scheme to allow the MoD to privatise its recruiting and move it …
Kelly Fiveash, 14 Jan 2014
The Register breaking news

Mozilla gets away with $1.5m tax bill in Googlebucks settlement

Firefox maker Mozilla will cough up $1.5m after it came under scrutiny for insisting it shouldn't pay tax on the vast revenue it gets from Google. The non-profit organisation had argued that the search engine's contributions are royalties and therefore non-taxable. But on Saturday, Mitchell Baker - who is chairman of the …
Kelly Fiveash, 05 Nov 2012

Insight warns of $20 MILLION kick in the teeth from Microsoft

The impact of Microsoft's sweeping channel programme changes were laid bare last night when Insight Enterprises warned investors that its bank balance will be up to $20m lighter next year as the new fee structure takes hold. As revealed by The Channel back in early summer, Microsoft killed off its two year old Solutions …
Paul Kunert, 31 Oct 2013

Losses widen but Daisy Group plans to keep wolfing down companies

Daisy Group may be stepping ever closer to being one of the most hefty comms and tech services outfits in the UK mid-market but all that is just hubris if it can't turn a profit, and seemingly it cannot. Sales slipped 2.35 per cent to £173.1m in the first half of fiscal '14 ended 30 September, but one-off costs pushed up …
Paul Kunert, 03 Dec 2013
The Register breaking news

Blade Runner house yours for $15m

Fans of Blade Runner with very, very deep pockets are directed to Frank Lloyd Wright's 1924 Ennis House, which featured in the movie and is up for grabs for a modest $15m. The Ennis House. Pic: The Ennis House Foundation The last of the architect's four "Textile Block" abodes, the 6,000-square-foot Mayan-inspired pad was built …
Lester Haines, 22 Jun 2009
fingers pointing at man

Symantec sues counterfeit ring for $15m+

Symantec is seeking damages of more than $15m from a gang of counterfeiters, for selling fake copies of its software worldwide. It has filed civil suit in the US District Court in Los Angeles against seven individuals, two companies, ANYI and SILI Inc., and eight associated business fronts. It says this group targeted the US …
Drew Cullen, 13 Dec 2006
channel_teaser_exit

CEO of bloated outsourcing firm Capita quits after 26 years

Fat cat chief exec Paul Pinder is to quit after 26 years at outsourcing giant Capita to head up small, private equity-backed businesses. The man who, along with other top brass, pocketed a 20 per cent pay hike last year as IT Services staff had their wages frozen and bonuses shelved, is to be replaced by Capita deputy chief exec …
Paul Kunert, 18 Nov 2013

Eric Schmidt trousers his monstrous package at Google

Top Googler Eric Schmidt is getting a tasty $6m bonus for his performance at the Chocolate Factory this year, part of a package of $15m getting spread around among the C-suite Oompa Loompas. Neither of the firm's co-founders, chief exec Larry Page and Sergey Brin, are getting a 2012 bonus: but Google's top lawyer, the head …

AVG buys remote monitoring player LPI Level Platforms

Security biz AVG has put its hand in its pocket to buy remote monitoring and management (RMM) software player LPI Level Platforms as it tries to appeal to a wider bunch of channel firms. AVG shifted all its wares into the cloud late autumn and to date has signed up just 1,500 of the 5,000 channel partners it has in the UK and …
Paul Kunert, 12 Jun 2013
The Register breaking news

Even Microsoft couldn't crack it, but eHow daddy still wants to try it

eHow owner Demand Media seems unmoved by the announcement that even mega tech palace Microsoft has bowed out of ecommerce. Demand has decided to give it a go, albeit on in a niche market and on a much smaller scale, with the acquisition of arty ecommerce site Society6 for $94m in cash and shares. Demand, which also owns …
box_shifting_channel

Sales dive at UK's oldest tech wholesaler: PC crash splashes Northamber in red

UK wholesaler Northamber swung to a dramatic loss in fiscal '13 caused by a costly restructure, sliding commodity product sales and eroding margins. The Surrey-based distie – Blighty's oldest tech wholesaler – today reported an operating loss of £1.15m for the year to 30 June, compared to a profit of £97,000 in the previous 12 …
Paul Kunert, 08 Oct 2013

Brace yourselves, telcos: Ofcom triples cost of 2G spectrum holdings

Ofcom has set out charges for mobile operators who want to keep the 2G spectrum they were allocated in the '80s, and it's about triple what they're paying now. Numbers are in millions of pounds, and will go up every year Following the 4G auction, the problem remains of allocated spectrum; frequencies which were handed over to …
Bill Ray, 10 Oct 2013
union_jack

Bechtle's double digit sales, profit hike in UK? Satisfactory, says parent firm

A double digit hike in sales and profits at the Brit arm of reselling powerhouse Bechtle was merely described as "satisfactory" by its German owner. Coming in the middle of the steepest economic downturn ever, The Channel - suggests the parent firm is perhaps being a little too ruthlessly rational. Sales for calendar 2012 at …
Paul Kunert, 30 Apr 2013
The Register breaking news

Palin demands $15m to search her own emails

US vice presidential candidate Sarah Palin isn't saying citizens interested in open government can't get access to her emails. She's just saying it will cost a little. The office of the Alaska governor, which by state law is required to make such messages public, says it could cost more than $15m for anyone conducting an …
Dan Goodin, 18 Oct 2008
The Register breaking news

Russian cargoship fluffs Space Station docking test

Russian cargoship Progress M-15M has failed to couple with the International Space Station in a test of its new automated docking system. Russian 'Progress' cargo vessel as seen from the International Space Station Russian Progress not making much progress today Progress had already dropped off its supplies to the ISS, but it …

FalconStor preens its feathers as turnaround gathers speed

Virtualisation outfit FalconStor is starting to move on the product front again, and is combining its VTL (Virtual tape library) and FDS dedupe product into a single offering, claiming 50 per cent cost-savings. The FDS (File-interface Deduplication System) offers post-processing and/or concurrent block-level deduplication with a …
Chris Mellor, 19 Feb 2014
The Register breaking news

Facebook says it's LOSING money in the UK ... pays hardly any tax

Facebook's UK operation plunged to a £13.9m pre-tax loss in 2011, compared with a £1.1m profit a year earlier, accounts filed with Companies House revealed. The dominant social network blamed a "share based payment charge" of more than £15m last year. It said that profit before tax that excluded that payment stood at £1.5m for …
Kelly Fiveash, 11 Oct 2012
The Register breaking news

Verizon awarded $33.15m against cybersquatter

Verizon has been awarded $33.15m in a cybersquatting lawsuit against a shady domain aggregator that registered hundreds of websites using the telco's name and trademarks. In a default judgment this week, a federal court in Northern California ruled this week that OnlineNIC should pay $50,000 for each of the 633 domains Verizon …
Austin Modine, 26 Dec 2008

Asian messaging companies are closing in on WhatsApp

While the world picked its jaw from the floor after Facebook decided to fork out $US19 billion for WhatsApp, operators of other messaging services probably broke into huge grins. And the grinners were probably in Asia, where several local players have been quietly amassing loyal user bases that look like they could rival …
Phil Muncaster, 05 Mar 2014
Astute ViSX array

Astute still seeking golden ticket into all-flash array party in the cloud

All-flash array start-up Astute is adding NFS access and OpenStack support as it tries to broaden its SMB customer appeal through file and cloud functionality. Astute Networks was founded in 2000 to accelerate TCP/IP networks. After two or three years it transitioned into embedded and military flash systems and then, a few years …
Chris Mellor, 26 Feb 2014
Cloud security

Google follows Amazon with auto-encryption of cloud data

Google has tossed a crumb of reassurance to people with cloudy security concerns by adding automatic server-side encryption to Google Cloud Storage. The free security measure was announced by Google on Thursday and spun as a way to "make securing your data as painless as possible," according to a blog post by the company. The …
Jack Clark, 15 Aug 2013
British snipers practice with L115A3 rifles. Credit: MoD

MoD signs Microsoft mega licensing deal for 180,000 PCs

The Ministry of Defence renewed a three-year Microsoft Enterprise Agreement late on Friday with Software Box Ltd (SBL) for 180,000 seats in a deal that sources value at roughly £15m per year. SBL has held the Microsoft EA with the MoD for the past nine years and channel folk are not surprised the Large Account Reseller won the …
Paul Kunert, 01 Jul 2013
The Register breaking news

SURPRISE! BT bags more gov broadband cash - this time in Bucks & Herts

BT continues to be the only telco winning any government cash to deploy its fibre network to the British countryside, after it confirmed today that it had won an £18m contract in Buckinghamshire and Hertfordshire. Meanwhile, the narrative about this particular win followed previous deals signed by BT in the past few months, …
Kelly Fiveash, 24 Jun 2013
The Register breaking news

LogMeIn dives into cloudy things with ARM support

LogMeIn has relaunched its cloudy-thing management, now called Xively and available with a sixty-quid ARM development board for those hoping to kick start the Internet of Things. Not that one needs the £57.99 Jumpstart kit to use Xively's cloud. Support for RESTful, JSON and CSV as well as raw sockets ensure that any IP-capable …
Bill Ray, 15 May 2013
Doctor Who: Highs and lows

BAD ALTITUDE: The highs and lows of Doctor Who

The Doctor’s many visits to Earth have seen him not only venture around the globe but also far above and below its surface. Early on he was high in the Pamir Mountains, the highest peak of which reaches 7,495m, although the pass in which the travellers first met Marco Polo was probably nearer 4,200m — high enough for the elderly …
Paul Smith, 21 Nov 2013