Friday, February 16, 2007

Serious Moolah

The typical Fortune 500 company spends 3.6 percent of revenues on network services, gear and assets. Last year, more than $327 billion. The largest recurring cost is wide area network transport costs. Any wonder why enterprises are looking to switch that function to Ethernet?

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SpaceX has Gone Public

SpaceX has completed the largest initial public offering in history, raising $75 billion. The listing priced 555.6 million shares at $135 ea...