By Wojciech MoskwaOSLO (Reuters) - U.S. network equipment maker Cisco has raised its bid for Norwegian video conferencing equipment maker Tandberg, backed by holders of more than 40 percent of its shares, few of whom had warmed to its previous bid.Cisco said it would pay 170 crows per Tandberg share,...
By Ritsuko Ando and Gabriel MadwayNEW YORK/SAN FRANCISCO (Reuters) - Hewlett-Packard Co HPQ is making a move into the telecom equipment market by striking a $3.1 billion deal for 3Com Corp COMS, in a major challenge to Cisco Systems Inc CSCO.The deal is the latest sign that technology giants from...
Hewlett-Packard HPQ has announced that it is acquiring networking company 3-Com (3COM) for $2.7 billion. The aggressive move counters expansions by Dell into services and sometimes partner, sometimes rival Cisco into servers and just about every aspect of network-related offering it can acquire, as well as taking on IBM on...
By Ritsuko Ando and Diane BartzNEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's ORCL acquisition of computer maker Sun Microsystems Inc JAVA, throwing the $7 billion deal into question.The commission said in a preliminary assessment that combining Sun's MySQL database product and Oracle's products could hurt...
By Ritsuko Ando and Diane BartzNEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's ORCL acquisition of computer maker Sun Microsystems Inc JAVA, throwing the $7 billion deal into question.The commission said in a preliminary assessment that combining Sun's MySQL database product and Oracle's products could hurt...
Hewlett-Packard’s (HPQ) fourth-quarter earnings reflect its continued effort to expand through acquisition and deliver end-to-end data services.The company is scheduled to release earnings Monday after the market close. A conference call will be held at 5 p.m. Eastern Time.In a pre-announcement Hewlett-Packard said it expects to earn $0.99 a share compared with a profit of $0.84 for the same period a year ago. Excluding one-time charges the company said it would have earned $1.14 a share or $0.01 above the consensus estimate.Earlier this month Hewlett-Packard said it had agreed to buy 3Com (COMS) a networking equipment maker for $2.7 ...
With the S&P 500 Index headed to a mild weekly decline, the information-technology sector has borne the brunt of the damage -- but one analyst sees the sector recapturing its front-running status going into the end of the year.
As compute demand increases, demand for power in data centers is soaring. To help IT professionals halt the spread of watt-consuming servers, the industry needs to develop software that can communicate the ways in which the various layers of the data center perform and interact. They need a binary version of Cesar Millan — [...]
Google's (GOOG) entry into the Operating System space is at least a year away, but the Internet and Search behemoth showed off a technical preview of what they've been tinkering with to an audience of journalists and "techies".[More...]
You have to know when to hold them, and when to fold them. That's the not just slightly smug assessment by IBM executives as they reflect -- with twinkles in their eyes -- on the months-stalled Oracle acquisition of Sun Microsystems, a deal that IBM initially sought but then declined earlier this year.[More...]
IBM announced Tuesday that its free Lotus Symphony office productivity suite is now available on Keepods -- thin USB devices made by the Italian company NSEC.
Big Blue's Symphony suite is based on OpenOffice.org and includes word processing, spreadsheets, and presentation creation. The new Keepod version, available through the Keepod store, employs VMware's ThinApp virtualization software, which wraps applications into an executable file that is isolated from a computer's operating system, mitigating compatibility and security concerns.
IBM has set up a center in Bangalore that will focus on offering high-end expertise to the business analytics market worldwide.
The center, called the Business Analytics Center of Competency, will have over 200 consultants in the area of business analytics who will interact with customers worldwide, said Simon Thomas, service line leader at IBM India for the global delivery of business analytics and optimization services.
IBM announced on Thursday beta versions of new services aimed at developers who want to create and deploy applications on public and private clouds.
Like other vendors, such as Skytap, IBM is pushing cloud services as a way for programmers to get access to computing power quickly, something that can be difficult if many in-house projects are occurring and on-site computing resources are scarce. With the Smart Business Development and Test service, which runs on IBM's public cloud, developers can get a working environment in minutes, according to the vendor.
IBM on Wednesday will announce integrations between its Rational and Tivoli product lines that enable users to automate processes across development, testing, and operations teams.
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