All Posts Tagged With: "Goldman Sachs"
Goldman Sachs Predicts IT Spending Downturn, Virtualization Uprise
Goldman Sachs predicts IT spending will slip from 7 % growth to 5 % growth in 2008. Not a downturn of catastrophic proportions, but still bad news for the industry. On the upside,server virtualization and server consolidation were ranked No. 1 and No. 2, respectively, in terms of spending priorities for this and next year. No. 3 was cost-cutting in general, followed by grid computing and on-demand computing finishing the priorities list.
10Jul2008 | Robin Wauters | 1 comment | ContinuedAnother Virtualization Company Raises Funding; This Time Pano Logic Is Getting $ 12 Million
After
Virtual Iron and CiRBA , it’s now
Pano Logic announcing fresh funding to the tune of $ 12 million. This is the desktop virtualization company’s second round, which was led by New York-based
Goldman Sachs.
Other participants included
Foundation Capital, which has an office in Menlo Park (where Pano Logic is based).
The company said it [...]
