Comments
SParikh wrote: This article speaks true to the importance and capitalizing of the cloud. Me having experience dealing with cloud based tech and consulting and integration services, I realize the need for a secure and consistant cloud service. Many people are concerned with the privacy, or lack thereof, that could occur with storing personal documents into a non-physical storage unit. I can see, though with companies such as ours and Metacloud, we are working toward a more secure and easy to use cloud system for both personal and professional use. Spursh Parikh www.sererra.com
Cloud Expo on Google News
SYS-CON.TV

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Avnet Signs Agreement with PCCW Solutions to Divest Vandasoft Technology Holdings Limited

Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that it has reached an agreement to sell Vandasoft Technology Holdings Limited, Avnet Vanda Group’s banking application business in China (Vanda China) to PCCW Solutions. Avnet will continue to own and operate the Vanda Hong Kong and Macau system integration business, providing systems integration services and solutions incorporating hardware and software from major suppliers. Once the transaction is complete, Vanda China will continue to deliver a rich portfolio of banking software to clients as part of PCCW Solutions. Vanda China has offices in 6 major cities and a service team covering over 20 provinces across China.

"This transaction divests a non-core asset for Avnet and will allow the Vanda China team to join PCCW Solutions, the IT services flagship of the PCCW Group, where they can fully leverage their capabilities," stated William Chu, President of Avnet Technology Solutions Asia Pacific.

This transaction is expected to be completed by the end of November 2012.

About Avnet

Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of $25.7 billion. For more information, visit www.avnet.com. (AVT_IR)

Visit Avnet's Investor Relations Website at www.ir.avnet.com or contact us at investorrelations@avnet.com.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest AJAXWorld RIA Stories
Organizational structures become obsolete just like the technology that they manage. Management structures must be reviewed and replaced just like systems, software and technology – especially in mission-critical applications. In the last decade or so, more organizations have de...
Our client TescaraHats (name changed for commercial reasons), a European market leader in manufacturing customized hats, decided to expand its market reach with an e-commerce site where its potential customers could choose, customize and order hats online. TescaraHats used an APM...
For a while now I have been writing about how to analyze and optimize Hadoop jobs beyond just tweaking MapReduce options. The other day I took a look at some of our Outage Analyzer Hadoop jobs and put words into action. A simple analysis of the Outage Analyzer jobs with Compuwar...
Google made its much anticipated move Tuesday and pocketed Waze, the Israeli real-time traffic map maker. It didn’t disclose how much it’s paid to close the deal, but the Israeli paper Globes put the price at $1.3 billion. Bloomberg put it at $1.1 billion. Either way it’s repor...
Zyrion Inc., a provider of Cloud and IT Monitoring software solutions, on Wednesday announced at Cloud Expo New York that United Technology Group (UTG), a provider of information technology solutions headquartered in Atlanta, has selected Zyrion’s Traverse Cloud monitoring softwa...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE