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Cisco plans $1 billion investment in global cloud infrastructure

2014-03-24 15:21:42| InfoWorld: Top News

Cisco Systems plans to invest over $1 billion to expand its cloud business over the next two years, including building an OpenStack-based "network of clouds" with partners. The whole IT industry is moving to a world where more applications are running in hosted environments, and Cisco doesn't want to be left behind. The key building blocks of this push are Cisco Cloud Services and what the networking giant has dubbed an Intercloud, which will be hosted across a global network of Cisco and partner data centers, it said on Monday.

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Update: Cisco plans $1 billion investment in global cloud infrastructure

2014-03-24 15:21:42| InfoWorld: Top News

Cisco Systems plans to invest over $1 billion to expand its cloud business over the next two years, including building an OpenStack-based "network of clouds" with partners. The whole IT industry is moving to a world where more applications are running in hosted environments, and Cisco doesn't want to be left behind. The key building blocks of this push are Cisco Cloud Services and what the networking giant has dubbed an Intercloud, which will be hosted across a global network of Cisco and partner data centers, it said on Monday.

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Fresh $3 billion investment to boost Nigerian sugar market

2014-03-18 16:00:03| Sugar Industry News

Additional N3 billion injected into the Nigerian sugar industry will yield positive returns and become another success story, BusinessDay has learnt.

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Fresh $3 billion investment to boost Nigerian sugar market

2014-03-14 14:51:57| Sugar Industry News

Additional N3 billion injected into the Nigerian sugar industry will yield positive returns and become another success story, BusinessDay has learnt.

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Nigeria - Investment of $2.57 billion to drive expansion in sugar production

2014-01-22 07:30:10| Sugar Industry News

Nigeria's sugar market of over 165 million consumers and opportunities for high returns on investment as over 95% of sugar consumed in the country is imported, have attracted $2.570 million (about N398, 350,000,000) investment from local and international investors, according to press reports from Nigeria.

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