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ShoreTel posts revenue growth in Q2

Phone systems and unified communications solutions provider ShoreTel has posted a 13% year-on-year growth to $84.5m (€61.2m) for the second quarter of its fiscal year 2014.

Best tech growth in UK for ten years

The UK tech sector shifted up another gear during the fourth quarter of 2013, with strong inflows of new work driving the steepest expansion of business activity for almost a decade, according to the latest KPMG/Markit Tech Monitor UK report.

LogicNets joins forces with Dutch specialist

US software specialist LogicNets has entered into partnership with a Dutch technology solutions provider ICT Automatisering to reach customers in Western Europe.

Microsoft shows Commercial side strength

Microsoft shares rose after it indicated Q2 commercial sales rising, even though it is also lowering its FY14 (ends June '14) opex guidance range to $31.2bn-$31.5bn from a prior $31.3bn-$31.9bn.

Logitech bounces on tablet accessories

Logitech International's financial results for Q3 saw better-than-expected total sales of $628m, up 2% compared to the third quarter of the prior year.

Alternative Networks buys ControlCircle

Business communications service provider Alternative Networks, has acquired ControlCircle, UK-based provider of managed hosting and cloud-based services to enterprises and on-line businesses.

Adaptive reveals global expansion

Adaptive Planning, specialist in cloud-based business analytics solutions, announced during its recent Worldwide Partner Summit a global expansion and rising revenue driven by its channel partners.

Imtech sells back stake in Turkish firm

Imtech has concluded a review in Turkey and announced it plans to sell back its 80% shareholding in a Turkey-based engineering company AE Arma-Elektropanç as it its profile is no longer in line with Imtech’s market strategy, it says.