VMware | September 13, 2022
VMware, Inc. today announced that it has reached a settlement with the U.S. Securities and Exchange Commission (the “SEC”) to resolve a previously disclosed investigation related to the Company’s backlog disclosures in public filings for its 2019 and 2020 fiscal years, which ran from February 3, 2018 through January 31, 2020.
Under the terms of the settlement, the Company has agreed to pay a civil monetary penalty of $8 million without admitting or denying the SEC’s findings, which relate to the Company's disclosures. The SEC’s findings do not include any findings that the Company failed to comply with generally accepted accounting principles. The SEC Staff has confirmed that it does not intend to recommend enforcement action against any current or former VMware officers or other member of management in connection with the investigation, and this settlement concludes the matter.
VMware believes this settlement is the right course of action for the Company and continues to be committed to operating at the highest level of integrity, including with respect to its public filings and communications with investors.
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda.
Service Express | July 05, 2022
Service Express, a leader in global data center and infrastructure solutions, announces the acquisition of managed services provider iTech Solutions Group and cloud hosting provider iInTheCloud. The acquisitions bring expanded IBM-specific offerings and IBM Gold Business Partner status to Service Express customers in the U.S. This deal replicates the company's existing IBM services, expertise and IBM Gold Business Partner status in the U.K. to bring comprehensive solutions to customers internationally.Based in Connecticut, iTech has over 20 years of experience offering expert solutions as an IBM Gold Business Partner. The company has worked alongside financial services, manufacturing and retail organizations, helping customers leverage IBM i infrastructure strategies. The acquisition of iTech brings a team of certified technical consultants, IBM i system administrators and skilled technicians with a deep understanding of IBM Power® Systems.
At iTech, we take pride in our dedication to the success of our people and customers, said Pete Massiello, President of iTech Solutions Group. Joining Service Express gives us the ability to expand our service offerings to existing and new customers, which was challenging as a smaller organization. I'm looking forward to working with the Service Express team to create synergy and bring our solutions to more companies around the globe.
In addition to hardware solutions, consulting and managed services, iTech provides customers with IBM i cloud hosting solutions by utilizing iInTheCloud infrastructure. iInTheCloud is a cloud hosting provider with Tier III data centers built on IBM Power Systems to deliver secure, scalable and resilient solutions for companies running IBM i, AIX and PowerLinux.
iInTheCloud allows organizations to host production, test, development or replicate environments to support disaster recovery and business continuity. The company's Michigan-based data centers grant companies access to redundant power, cooling and communication feeds ensuring environments are highly available.
"My focus has always been on creating flexible, reliable, and scalable solutions for IBM i and Power System customers around the Midwest," said Larry Bolhuis, Co-President of iInTheCloud. "With Service Express' headquarters only minutes from our data centers, the company has been the go-to service provider for many of our customers, as well as for iInTheCloud since its inception. I'm excited to expand our support options and capabilities for our new and existing customers."
Service Express offers an extensive portfolio of solutions, including data center maintenance, managed and infrastructure services designed to help customers maintain and evolve their digital IT strategies.
"The acquisition of iTech and iInTheCloud accelerate the expansion of our managed and infrastructure service offerings to the U.S., We anticipate strong company growth as we continue to broaden and diversify our solutions, bringing a wider portfolio of services to customers in the U.S. and U.K."
-Ron Alvesteffer, President and CEO of Service Express
About Service Express
Service Express is an industry-leading data center solutions provider specializing in global multivendor maintenance, hybrid cloud, managed and infrastructure services, hardware solutions and more. Companies around the globe trust Service Express to deliver reliable end-to-end support. Service Express' flagship technology, ExpressConnect®, helps IT teams automate support with monitoring, ticketing, integrations and account management. For more information, visit serviceexpress.com.
About iTech Solutions Group
iTech Solutions, an IBM Gold Business Partner, helps organizations get the most performance, utilization and return on investment from existing or new IBM Power® Systems running IBM i, while ensuring critical business data is secure. Offerings include IBM Power Systems and storage, managed administration and OS subscription services, IBM i cloud hosting, OS Upgrades, PTF maintenance, HMC and FSP Upgrades, security assessments and remediation, HA replication solutions, DR testing, tape and disk encryption, virtual tape libraries, and more. For more information, visit itechsol.com.
iInTheCloud specializes in IBM i cloud hosting solutions by leveraging IBM Power® and IBM Flash Systems in its Tier III data centers. The company works alongside organizations to deliver secure, scalable and resilient solutions to meet specific system requirements. With iInTheCloud's secure cloud, companies can consolidate workloads, increase server utilization, reduce capital costs, lower management costs, virtualize and provision memory, processor, and I/O resources. For more information, visit iinthecloud.com.
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Flexential | August 16, 2022
Flexential, a leading provider of data center, colocation, cloud and connectivity, today further extended its FlexAnywhere™ hybrid IT solutions portfolio that address key CIO pain points by improving application performance, providing business agility and the ability to scale IT infrastructure, and delivering superior interconnection capabilities.
The new enhancements to Flexential's Hosted Private Cloud (HPC) – Advanced Access solutions provide full control of enterprise private cloud environments with new capabilities for rapidly migrating applications, workloads and data as business requirements change. The company also today added support for advanced metrics and reporting tools backed by Machine Learning (ML) and Artificial Intelligence (AI).
Long-term adoption of hybrid work environments has reduced reliance on traditional infrastructure. Gartner® forecasts that "worldwide end-user spending on public cloud services will reach nearly $600 billion in 2023, up from $494.7 billion in 2022".* It's essential that businesses have the operational control and flexibility to adjust, plan and scale workload placements accordingly.
Flexential's HPC Advanced Access solution is a high-performance hosted private cloud offering that allows customers to have full administrative control over the provider-owned VMware vCenter server. Originally launched in 2021, the solution has seen rapid adoption, with the number of hosted private cloud customer deployments more than doubling across the national FlexAnywhere™ platform of 40 data centers in the last year.
HPC Advanced Access continues to provide unique levels of customer control and resource management with performance that was previously unachievable. The solution will now support more flexible workload movement and placement, self-driving application operations and performance optimization.
Core enhancements include:
Application Mobility: Enabling customers to reliably move workloads without downtime or performance degradation.
ML and AI-driven Performance Management: Providing continuous performance optimization, capacity and cost management, intelligence remediation and integrated compliance across customer operations.
Advanced Metrics and Reporting Tools: Offering self-service capabilities across applications and infrastructure, allowing businesses to optimize, plan and scale their VMware Cloud.
"Flexibility has never been more essential to the modern-day enterprise," Mike Fuhrman, chief operating officer of Cloud and Managed Services, Flexential. "With the latest enhancements to our HPC Advanced Access solution, our team is providing customers with the tools and insights they need to be more agile in their workload placements, application operations and overall performance. As business needs shift, we continue to meet customers with the solutions that will drive efficiency no matter their operational location."
"Hybrid IT solutions continue to grow in popularity as enterprises increasingly turn to professionally managed data centers to deploy key elements of their infrastructure. By providing direct access to vCenter coupled with advanced analytics, Flexential's customers can now benefit from the best of both worlds. These advanced capabilities enable new levels of AI-powered visibility in a solution that already delivers maximum configuration flexibility to enterprises for managing their own applications, while providing peace of mind as their data is hosted and replicated securely in Flexential's hosted private cloud,"
Geoff Thompson, VP, VMware Cloud Provider Sales
BRIDGE Healthcare Partners is a managed service provider (MSP) that focuses on servicing the IT needs of clients in the highly regulated healthcare space and other non-profits throughout the US. As a result it needs a dependable, secure environment to ensure the availability and safety of its clients' applications and data—including electronic health records (EHR) and billing information. The company utilizes Flexential Private Cloud and Hosted Private Cloud - Advanced Access to protect its clients' Electronic Healthcare Records and enable seamless operations.
"Flexential is in complete alignment with our strategic plan—from its people and service to its growth perspectives," said Tracey Campbell, CEO of BRIDGE Healthcare Partners. "Our clients rely on us to deliver high-performing, reliable IT environments so their healthcare data and applications are secure and always available. Flexential is key in helping us deliver this essential service."
"Our clients look to us to simplify their IT infrastructure and provide the flexibility and agility to grow the business into the future. Flexential's Hosted Private Cloud – Advanced Access solution provides them with the control and visibility they need to be confident in deploying their most critical data in a hybrid environment," said John Simonton, VP and COO of PEAK Resources, Inc.
Flexential empowers the IT journey of the nation's most complex businesses by offering flexible and tailored hybrid IT solutions comprised of colocation, cloud, connectivity, data protection, managed, and professional services. The company builds on a platform of three million square feet of data center space in 19 highly connected markets, and on its 100GB private backbone to meet the most stringent challenges in security, compliance, and resiliency.