| Systemax saves CompUSA from knacker's yard
Systemax is buying the CompUSA brand name, its ecommerce operations and up to 16 stores in the great CompUSA close-out sale. The big US computer reseller hails CompUSA as a "strong complementary" business to its own retail TigerDirect brand and is paying up to $30m for its new baby, depending on how many stores it actually buys. CompUSA went titsup last month, selling itself to Gordon Brothers for an undisclosed sum. Gordon, a Boston-based restructuring specialist, said it would it close CompUSA's 103 retail stores in an orderly wind-down and run the electronics retailer's ecommerce site until a buyer was found. .
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Yahoo Pumps Up Mobile Effort in Bid to Get a Jump on Google
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Category: Enterprise 2.0
Between the Lines Latest Post | Last 10 Posts | Archives Microsoft offers to buy FAST for $1.2 billion; Likely to trigger enterprise search consolidation Posted in: General IT Management Google Microsoft Search Enterprise 2.0 Microsoft said Tuesday that it will offer $1.2 billion in cash for Fast Search and Transfer (FAST), a big player in the enterprise search market. The move is sure to shake up the enterprise search market, which thus far has been dominated by a series of smaller players like FAST, Autonomy and Vivisimo. Google has made some inroads, but for the most part the market is the realm of niche players. Microsoft is about to change that with FAST. You can expect Google to make a purchase in enterprise search along with traditional enterprise players like HP, IBM and the usual suspects.
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