Press Release Archives

GlassHouse Technologies, a global provider of cloud, virtualization, security and next generation data center consulting and managed services, today announced that based on current market conditions, it has chosen not to proceed with its planned initial public offering at this time. The company intends to withdraw its registration statement on Form S-1 as filed with the Securities and Exchange Commission. “Obviously the economic climate continues to be volatile, and we feel these are not the optimal conditions for GlassHouse to move forward with an IPO,” Continue reading →

GlassHouse Technologies, a global provider of independent data center consulting and managed services, today announced the appointment of Jeff Wakely as Chief Financial Officer. In this role, Wakely will have overall leadership responsibility for the company’s global finance and administrative functions. “We are very excited to have Jeff join our team,” said Patrick Scannell, President and CEO. “We are entering an exciting time for GlassHouse, and Jeff’s experience with high-growth technology companies, coupled with the breadth of his financial and compliance knowledge will be a Continue reading →

GlassHouse Publishes Stateless Reference Architecture to Simplify and Increase Performance of VDI Deployments VMware ViewTM5.1 with Atlantis ILIO Diskless VDI and Cisco UCS Delivers High Performance, Storage-less Virtual Desktops GlassHouse Technologies, a global provider of vendor independent data center consulting and managed services, today announced the release of its Stateless Reference Architecture, based on VMware View™ 5.1with Atlantis ILIO Diskless Virtual Desktop Infrastructure (VDI) storage optimization software and the Cisco Unified Computing System (UCS). GlassHouse was commissioned to develop the reference architecture based on its Continue reading →

Enables Rapid Deployment of a Secure, Scalable, Automated Cloud in 45 Days GlassHouse Technologies, a global provider of vendor independent data center consulting and managed services, today announced its Accelerated Cloud Enablement (ACE) service. Based on GlassHouse’s comprehensive portfolio of cloud services, this service addresses the escalating market demand for rapidly deployed, secure and manageable private cloud environments that meet defined business objectives. For virtualized environments, the ACE service delivers operational intelligence with a cloud management layer and includes: Secure, personalized self-service automated provisioning Unified Continue reading →

GlassHouse Technologies, a global provider of vendor independent data center consulting and managed services, today announced the completion of the sale of its Turkey subsidiary. The subsidiary has been acquired by Emre Pekar, who has been serving as General Manager of GlassHouse Turkey prior to this transaction. “We continue to aggressively execute on our stated plans to focus GlassHouse on our core consulting and managed service offerings and improving operating margins, and this divestiture is another significant step towards that objective,” said Patrick Scannell, President Continue reading →

Supports Company’s Strategic Direction to Continue Growing Core Competencies GlassHouse Technologies, a global provider of independent data center consulting and managed services, today announced a definitive agreement for the sale of its Israel subsidiary to Taldor Group, one of Israel’s leading providers of IT business and technology solutions. The transaction is expected to be finalized in the next few weeks. “This divestiture is another important step in our strategy of focusing GlassHouse on our core services and the tremendous market demand for these services,” said Continue reading →

Autodesk, Inc. (NASDAQ: ADSK), a leader in 3D design, engineering and entertainment software, announced the acquisition of Vela Systems, a provider of cloud and mobile field management software for the construction industry. The addition of Vela Systems field management products to Autodesk’s growing portfolio of cloud and mobile products is helping to extend the value of Building Information Modeling (BIM) and project data to construction customers in the field. Terms of the transaction were not disclosed. “BIM has tremendous value in the planning and design Continue reading →

Silicon Laboratories Inc. (Nasdaq: SLAB), a leader in high-performance, analog-intensive, mixed-signal ICs, today announced it has completed the acquisition of Ember Corporation. This strategic acquisition brings Silicon Labs the technology and software expertise required to enable the low-power mesh sensor networks being deployed today in a wide range of residential, commercial and industrial applications. Ember is a pioneer in the market for 802.15.4 ZigBee solutions. The company’s products integrate high-performance, low-power 2.4 GHz wireless ICs with reliable and scalable software into a flexible and robust Continue reading →

No one denies that daily deal companies can help drive customers through a restaurant’s doors. The problem with most group coupon sites, however, is the clientele they bring in. Well-heeled diners can be turned off by the idea of handing over a paper coupon, and patrons paying full price for expensive meals can get annoyed when they discover that other customers are getting a significant discount. Savored is a discreet deal service that high-end restaurants are now using to attract quality customers during off-peak times. Continue reading →

Achievers (formerly I Love Rewards), the fastest-growing global employee rewards and Social Recognition company, announced today that it has secured $24.5 million in a Series C financing, led by Sequoia Capital with existing investors, JLA Ventures, GrandBanks Capital and the Ontario Venture Capital Fund (Managed by NorthLeaf Capital). “We are thrilled to add Sequoia Capital as a business partner” said Razor Suleman, Founder and CEO of Achievers. “Sequoia shares our belief that great companies are built by great people; people that are focused on customer Continue reading →