Vendor news

HP acquires LeftHand Networks to beef up its small, midrange storage offerings - Network ...
Oct. 07, 2008
HP acquired one of the last independent iSCSI storage vendors last week in a $360 million all-cash deal. The company snapped up LeftHand Networks to bolster its small and mid-range storage offerings and be able to give ...

Oracle and SAP fail to settle TomorrowNow lawsuit
Oct. 07, 2008
Oracle and SAP held settlement talks Monday in their TomorrowNow lawsuit but failed to reach an agreement that would end the case, an SAP spokeswoman said.

Report: AMD to spin-off manufacturing
Oct. 07, 2008
Advanced Micro Devices is preparing a to spin off its manufacturing operations to a joint venture in an attempt to cut costs, according to an online report from The Wall Street Journal.

Report: SEC investigating false Jobs heart attack rumor
Oct. 06, 2008
A false report of a Steve Jobs' heart attack that caused Apple's stock to momentarily plunge on Friday has piqued the interest of the Securities & Exchange Commission, according to reports.

Microsoft denies hiring freeze
Oct. 03, 2008
Microsoft denies that it has instituted a hiring freeze, despite an internal memo described by an employee indicating the move.

Oracle buys Advanced Visual Technology
Oct. 01, 2008
Oracle has bought Advanced Visual Technology, a maker of space-planning software for retailers, for an undisclosed sum, it said Wednesday.

Altech yields 34% profit increase
Oct. 01, 2008
Allied Technologies (Altech) recorded a 34%increase in half year operating profits for the period ended Aug. 31.

Cisco buys Jabber
Sep. 30, 2008
Cisco's latest acquisition is Jabber, a leading developer of enterprise-grade presence-enablement capabilities. Jabber's offerings include its Extensible Communications Platform, JabberNow (an enterprise instant ...

Identity Engines goes on the block
Sep. 29, 2008
Start-up Identity Engines is shutting down. The company and its assets are up for sale, though the man responsible for selling it, or carving it up into saleable components, doesn't want to say so.

Red Hat beats earning estimates in Q2
Sep. 25, 2008
Red Hat Wednesday slightly topped analysts estimates by posting revenue for the fiscal 2009 second quarter of $164.4 million.

Microsoft inks consumer technology patent deal with Pioneer
Sep. 17, 2008
Microsoft and Pioneer on Tuesday signed a cross-licensing agreement that covers a range of consumer and automotive products, including Microsoft software and Pioneer's TVs and auto navigation units, the companies said.

Q&A: VMware CEO Maritz on his new gig, competing against Microsoft and the virtual server ' ...
Sep. 17, 2008
Two months after taking over at VMware, CEO Paul Maritz answers questions about company strategy.

Regulators would reject Samsung deal for SanDisk
Sep. 17, 2008
Samsung's $5.85 billion offer for flash memory chip developer SanDisk will probably be rejected by government regulators fearful such a tie up would harm competition, analysts said Tuesday.

Cisco plays up video for business, carriers
Sep. 16, 2008
Cisco is targeting video, virtualization and collaboration as key areas of growth while pursuing 21 other initiatives at the same time, Chairman and CEO John Chambers told financial analysts on Tuesday.

Adobe buys Danish imaging software maker
Sep. 15, 2008
Adobe on Monday announced it has acquired Danish imaging software maker YaWah ApS to expand the use of Adobe Scene7 software in Europe.

Google acquires South Korean blog platform provider
Sep. 12, 2008
Google's Korean unit acquired South Korean blogging platform provider Tatter and Co. (TNC) on Friday, according to one of the company's co-CEOs.

As Leaders Exit, Has VMware Lost its Edge?
Sep. 11, 2008
It's always a sad day when the founders of a company leave. This sends quite a few mixed signals.

Apple settles backdating lawsuit
Sep. 11, 2008
CEO Steve Jobs and other Apple executives have settled a lawsuit alleging the company was harmed by its backdating of stock options to employees.

Nvidia hit with securities lawsuit over bad graphics chips
Sep. 10, 2008
A lawsuit filed in a California court on Tuesday alleged Nvidia violated U.S. securities laws and concealed the existence of a serious defect in its graphics-chip line for at least eight months "in a series of false and ...

PostPath acquisition is a smart move for Cisco
Sep. 02, 2008
Cisco last week announced that it had purchased PostPath for $215 million. This follows the acquisition of IronPort for $830 million and WebEx for $3.2 billion, among other Cisco acquisitions, including Linksys, Pure ...

Microsoft buys European comparison shopping site for $486M
Aug. 29, 2008
Microsoft has agreed to buy comparison shopping business Ciao in a deal worth around $486 million, and plans to integrate the service into its Live Search sites, it announced Friday.

Novell revenue up, net income loss at $15 million
Aug. 28, 2008
Novell Thursday posted a net income loss of $15 million for its fiscal third quarter fueled by a charge related to its “auction-rate securities.” Novell revenue up, net income loss at $15 million By John Fontana , ...

Infosys crosses the Rubicon with Axon buy
Aug. 26, 2008
The agreement for SAP consultancy Axon to sell out to Indian offshoring giant Infosys Technologies for about £407m ($752.6 million) comes at the same time as HP is reportedly about to complete its capture of EDS. 'May ...

Sun for sale? Dropping profits, stock price fuel speculation
Aug. 21, 2008
Sun could be for sale, analysts say.

Salesforce buys InStranet for call-center tech
Aug. 20, 2008
On-demand CRM vendor Salesforce has bought InStranet, maker of knowledge-base management technology for call centers.