Showing posts with label dollars. Show all posts
Showing posts with label dollars. Show all posts

Friday, September 23, 2011

Acer, has lost nearly 250 million dollars Last quarter alone, remains stoic

Devin Coldewey is a Seattle-based writer and photographer. He wrote for the TechCrunch network since 2007. Some posts, it would like you to read: the perils of externalization of knowledge | Generation I | Surveillant society | Select two | Frame war | Custom manifest | Our great sin his personal ????-coldewey.cc. ? Read More

Ned-Stark-Game-of-Thrones

Acer, recently the world's second largest shipper, rough year. But in March a deliberate decision was taken by senior management to abandon its goal of dethroning the HP and instead focus on how to get better, more differentiated products. The result: sales and earnings in freely. At least they knew it came — but losing millions of customers and a huge percentage of your is not something any company likes to do.

The company is taking heavy losses — twice as hard, in fact, as Reuters analysts estimated. Taiwan 6.79 billion dollars (about $ 250 million) went down the drain in Q2. It is their biggest loss ever and the first time they have done worse than forecast. The results indicate that Acer Chairman Jt Wang concedes "tries to break even this year becomes impossible. But I doubt that they plan on turning around the entire company in less than a year.

Despite losses and job cuts Acer remained stoic. They feel relaxation tablet "fever" and people will return to laptops (I'm not sure I agree). And although it is unlikely that they have any interest in (or to) buy HP business PC, Acer's President, Jim van comment that spinning is a natural thing for HP to do. He cryptically added that Acer will strive to meet the needs of its clients, including HP'S existing customers. What is the thing to say! Again however, with billions of losses every quarter, the last thing you want to Acer is $ 10 billion millstone around its neck from HP.

What he likely means that Acer could step-by-step HP shoes for the confusion. If they can stabilize quickly enough, personal systems group, HP mode move Acer could sweep in and take off a few million customers. But before that happens, expect more bad news.

(Updated to reflect the fact that figure 6.79 billion was in Taiwan dollars. really dumb I don't catch when the loss of $ 7bn would be likely to bury company)


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Friday, September 16, 2011

MakerBot is 10 million dollars in funding from Foundry group, Angels

Devin Coldewey is a Seattle-based writer and photographer. He wrote for the TechCrunch network since 2007. Some posts, it would like you to read: the perils of externalization of knowledge | Generation I | Surveillant society | Select two | Frame war | Custom manifest | Our great sin his personal ????-coldewey.cc. ? Read More

OLYMPUS DIGITAL CAMERA

MakerBot industries, maker of home 3D printers, today announced the $ 10 million in financing a number of investors, mostly from the Foundry group. Also during the tour included Bezos expeditions, true ventures and RRE, along with a dozen or so Angel investors.

The company started in 2009, with about 75,000 $ starting capital, and then put together and sold approximately 5200 their compact construction machines. We've seen them in action at the very first disrupt NYC TechCrunch, and since they were commonplace in this blog. MakerBot Brad Feld just added them to the Council and now hiring.

Hardware facilities is difficult to load, but the founder of the Bre, thinks that we will see many hardware startups in the next few years. Although services and software, typically offer faster scaling and therefore more immediate benefits, there is a place for devices and accessories in the world, especially if they are unique. MakerBot to impress, but competition from the manufacture of postal services like Shapeways barrier for entry into their self-powered 3D printing world is still quite high. Home business is changing and competitors (don't tell imitators) will see the possibility of a brute-force attack on the MakerBot in design and offer more speed, materials, etc.

Nevertheless, the possibility to get the size of a microwave rapid prototyping machine to thousands of dollars is one of these characters once, when we, as a rule, unfair play. It's absolutely amazing that this is possible, in the first place, but the realities of business may not allow it to grow rapidly, tech industry, as a rule, find interesting.

More information on financing, as well as links to various Angels involved can be found for the MakerBot's blog.


Financial organizations:
FOUNDRY GROUP

Foundry group is a venture company focused on investing in early stage information technology, Internet and software startups. Their passion is working with entrepreneurs to give birth.

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MakerBot industries company of Brooklyn based creates the 3D printers available, open source software.

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