Pittsburgh, Diversified industrial manufacturer Eaton Corp., Pittsburgh, announced the availability of Powerware Power Distribution Units (PDUs), Remote Power Panels (RPPs) and Power Xpert Gateway Series 1000 cards. Ideal for providing customizable and scalable power distribution in high-density data centers, the Powerware PDUs and RPPs deliver reliable power to ensure optimal performance and availability of critical infrastructure equipment.
As part of Eaton’s series of Powerware data-center solutions, the Powerware PDU and RPP are the first products to feature Powerware’s Energy Management System for state-of-the-art monitoring. The Power Xpert Gateway Series 1000 card further expands the power distribution solution communication capabilities. IT and facility managers can now optimize power utilization for all levels of power distribution systems in data centers, including real-time metering at the branch-circuit level and a variety of connectivity monitoring options to proactively manage end-to-end power distribution systems.
Jones accepts Fast Retailing bid
NEW YORK Jones Apparel Group today announced that it has accepted Fast Retailing’s offer to acquire Barneys New York for $900 million. According to the company, the Jones board of directors has determined that the Fast offer was superior to the offer it had originally agreed to with Isthithmar.
Pursuant to the terms of the Istithmar agreement, Jones has transmitted to affiliates of Istithmar a written notice containing the material terms of the Fast offer and expressing the company’s intention to accept the Fast offer. As a result, Jones will be entitled to terminate the Istithmar agreement unless during the three business day period commencing on August 1, affiliates of Istithmar make an offer that the company’s board of directors determines in accordance with the Istithmar agreement to be at least as favorable to the company as the Fast offer. In the event that Jones were to terminate the Istithmar agreement in order to accept the Fast offer, Jones would be required to pay an affiliate of Istithmar a termination fee of $22.7 million.
HSN relaunches Web site
ST. PETERSBURG, Fla. HSN announced today that it has relaunched its Web site, HSN.com. According to the company the new site features green screen video technology and original content, along with original and re-purposed television programming.
“The new HSN.com is a unique shopping and lifestyle destination,” said William Lynch, evp and general manager of HSN.com. “This site strategically leverages HSN’s extraordinary wealth of video content and television production knowledge to create a more interactive, accessible and exciting shopping experience for current and future HSN customers. It truly is unlike anything else on the e-tailing landscape today.”
In addition to the embedded video content through the site, the new HSN.com also offers functionalities such as style guides, video vignettes offering tips and tricks, trend information, and more. And, in the coming months, additional functions will become available, including brand-specific and category-specific blogs, which will enable customers to communicate directly with their favorite celebrities and on-air personalities.