Tagged With "Goldman Sachs"

GTT Expands Managed SD-WAN Service Offering in Americas May 13, 2020 08:00 AM Eastern Daylight Time MCLEAN, Va.--( BUSINESS WIRE )-- GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today it has expanded its managed SD-WAN service offering in the Americas region by adding the Silver Peak Unity EdgeConnect™ SD-WAN edge platform. The GTT-managed SD-WAN service meets client requirements for optimal application performance,...

Lexmark International Inc., the computer-printer maker working with Goldman Sachs Group Inc. to seek strategic alternatives, has attracted first-round bids from private equity firms Thoma Bravo and Vista Equity Partners for its software division, according to people familiar with the situation. The company has separately received interest from Japanese companies including Canon Inc. and Ricoh Co. for its hardware unit, said two of the people. As part of its strategic review, Lexmark is...

Cyber protection startup Acronis announced that it has received a US$147 million investment led by Goldman Sachs . The investment round, the company said, sets the valuation of the company to over one billion dollars. Acronis said that the funding will be used to expand its engineering team in Singapore, Bulgaria, and Arizona; build additional data centers; and grow through acquisitions. Additionally, Acronis plans to use the capital to accelerate the business growth in North America in...

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Signs of recession? Report from Congressional Budget Office Purchasing power from paychecks fell 2.9% for middle income households during last year Median household income now $70,784.00 per year Water bills up average of $200 per quarter Electricity bills up $100 per month Middle income households experienced inflation well over 15% from 2020 to 2022 Consumer price index up 7.1% Predict that jobless rate will rise from 3.7% in November, 2022 to 4.6% by end of 2023 (does not count those that...