GLG News by TMT Council Members in Member Programs

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Private equity funds search for Turkish companies

April 20, 2011

Analysis of:Private equity funds search for Turkish companies | akbaspost.blogspot.com

Domestic and foreign investment funds are seeking companies to take in a partnership in Turkey. Turkey has increased its attractiveness for foreign investors, despite the global crisis as the OECDs highest growth market and only third in the world after China and Argentina in 2010

Thomas CoughlinPresidentCoughlin Associates

HDD Suppliers Now Down to Three

April 20, 2011

Seagate and Samsung announced that Seagate would acquire Samsung’s HDD business for $1.38 B. In addition to the HDD business Seagate ensures supply of flash memory for its hybrid HDDs and enterprise storage business. Samsung gets 10% ownership of Seagate and a seat on the board. Samsung also gets HDDs from Seagate to meet its product needs.

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Intel & IBM highlight rebound in IT spending, cloud services & emerging markets

April 19, 2011

Analysis of:Intel and IBM highlight rebound in IT spending and increasing momentum in cloud | akbaspost.blogspot.com

The latest earnings reports from IBM, Intel,WMware continue to show strong rebound in IT spending including a shift toward cloud computing and emerging economies.Intel reported revenues of $12.8bn, up 25% on a year ago. Profits of 56 cents a share were up 30 per cent on a year ago and beat expectations of 46 cents.IBM’s revenues rose 8% to $24.6bn and its operating earnings rose 21% to $2.41 a share. But its shares slipped amid concerns for signings of new contracts by its services businesses.

Cliff BellChief Information OfficerINFOGAIN CORPORATION

Amazon makes the money on the reader software - Not hardware

April 19, 2011

Analysis of:The Kindle is an iPad Accessory, And That's Why It's Still Going to Be Huge | www.businessinsider.com

People own Kindles and iPads. The great thing is that you can read kindle books on your ipad with the kindle reader. Amazon has been smart to focus on the content and the software that runs on the kindle. If they make it run on all the tablet platforms, then it could be a solution like Microsoft office is to productivity tools.

Hakan AkbasPresident & FounderGlobal Dealings, LLC

eBAY to expand in Turkey taking a 93% stake in GittiGidiyor

April 19, 2011

Analysis of:eBAY to expand in Turkey taking a 93% stake in GittiGidiyor | akbaspost.blogspot.com

e-commerce continues to expand overseas boosting growth prospects for companies such as ebay and amazon via acquisitions. eBay has agreed to buy Turkey's leading online marketplace in Turkey. Accordingly, eBay today announced that it has agreed to acquire additional shares in GittiGidiyor, the leading online marketplace in Turkey. The deal follows eBay’s acquisition of a minority stake in the company in 2007. Upon closing of the transaction, eBay will own approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed.

Cliff BellChief Information OfficerINFOGAIN CORPORATION

My intellectual property creation is not manageable

April 18, 2011

With all of the recent new applications being developed for the tablet (iPad is my case), the ability to track company Intellectual property is getting more difficult and protecting these assets is nearly impossible. Yet IT is challenged with maintaining corporate assets with regards to digital information.

P.J. LouisPresident and OwnerPJ Louis LLC

Google – It Takes Money to Make Money

April 16, 2011

Analysis of:High Costs Slow Google's Profit | online.wsj.com

I understand Wall Street’s concern about Google expenses rising. However, to make money you need to spend money. Wall Street stock brokers would love have a company generate massive profits without expenditures. Just ain’t gonna happen.

Ben SargentSenior AnalystCOMMON SENSE ADVISORY INC

SDL OpenExchange Now Open for Business

April 15, 2011

Analysis of:Web Globalization: How Well Does Your Company Score? | www.commonsenseadvisory.com

SDL announced that the OpenExchange portal is open for business with immediate availability of third-party applications, plug-ins, and add-ons for SDL Trados Studio 2009 and SDL MultiTerm 2009.

Ben SargentSenior AnalystCOMMON SENSE ADVISORY INC

At Work in the Cloud: Job Boards Add Value to Lionbridge GeoWorkz Platform

April 15, 2011

Analysis of:Web Globalization: How Well Does Your Company Score? | www.commonsenseadvisory.com

Online work environments promise both simplicity and completeness – bringing work tools, business administration, collaboration, and other resources together into one easy-to-learn, easy-to-use webtop interface. We’ve been predicting for the last few years that, for translation professionals, a number of online platforms would emerge that serve as complete ecosystems. 

Ben SargentSenior AnalystCOMMON SENSE ADVISORY INC

XTM International Pushes the Promise of TMS in the Cloud

April 15, 2011

Analysis of:Web Globalization: How Well Does Your Company Score? | www.commonsenseadvisory.com

Last year we wrote about all the activity of vendors trying to bring TMS in the cloud to market, but progress has been slow. XTM International (previously XML-Intl) announced availability of its XTM Cloud platform based on the new release its translation management system (TMS), XTM version 5.5. The cloud-based system has been in “soft launch” since September 2010 and currently serves approximately 50 LSPs and enterprise clients, plus a similar number of freelance and small group accounts. 

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