News In Brief: Gartner, Cisco, SPB Software, Telecom Italia, GDF Suez

Firms looking to employ cloud services should conduct thorough and ongoing risk assessments due to immaturity in the cloud service contracting market, Gartner warns.
 
Cisco-anchored venture capital fund 3TS Capital Partners plans to pump €4 million in equity into electronic software distribution and management firm Avangate over the next six months.
 
SPB Software is targeting a new skins feature at Symbian smartphones, offering different ways to display a handset’s clock functions, including egg-timer style countdown, and 3D images of the globe.
 
Telecom Italia has increased its stake in Telecom Argentina from 18.3% to 21.1%, by acquiring an additional 10% stake in holding company Sofora Telecomunicaciones, which takes its share in the firm to 68%.
 
GDF Suez, the world’s second largest energy firm, has contracted Orange Business Services to manage its information systems for the next six years. A partnership covers the set-up of joint engineering teams, along with hosting and infrastructure operation.

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