Vendor news

Trying to outfox EMC, NetApp raises Data Domain offer to $1.9 billion
Jun. 03, 2009
The price for Data Domain is going up fast, as NetApp Wednesday morning tried to outspend EMC by offering $1.9 billion to purchase the storage company.

HPC startup SiCortex reportedly closes its doors
May. 28, 2009
SiCortex, a startup that tried to stake out new ground in the high-performance computing market with machines designed for energy efficiency, has reportedly shut down.

Google co-founder Larry Page's 2009 University of Michigan commencement speech transcript ...
May. 15, 2009
Google co-founder Larry Page delivers May 2, 2009 commencement address to University of Michigan graduates. Here's the transcript

Google's latest conquest: Commencement speeches
May. 15, 2009
Google really is everywhere, even at university commencement ceremonies. Google co-founder Larry Page sends off Michigan students; CEO Eric Schmidt going back to back at Pennsylvania universities

Cisco unveils cloud computing platform for service providers
May. 12, 2009
Cisco this week is expected to unveil a platform for service providers that's designed to serve as a foundation for delivering cloud computing services.

SolarWinds files for IPO
May. 20, 2009
SolarWinds announces its initial public offering and more than 12 million shares of the company stock begin trading.

Sun shareholders file suit to block sale to Oracle
May. 08, 2009
Sun shareholders filed three separate lawsuits last month in an effort to halt the company's pending sale to Oracle, according to a filing Sun made with the U.S. Securities & Exchange Commission Friday.

Twitter: We're Not for Sale
May. 07, 2009
Forget all those rumors about Apple, Google, Microsoft or anyone else buying Twitter: The company's bosses say Twitter is not for sale. On Wednesday Twitter co-founders Biz Stone and Evan Williams were on ABC's The View ...

Cisco Q3 revenue, earnings fall
May. 06, 2009
Cisco revenue for its third fiscal quarter fell 17% from a year earlier, while net income plunged 21% to $1.3 billion, or $0.23 per share.

Spansion gets delisted from the Nasdaq
May. 06, 2009
Wednesday will be the last day that shares in bankrupt flash memory maker Spansion trade on the Nasdaq stock exchange. The move to delist its shares will not have any significant impact on the company's business, ...

Open Text acquiring Vignette
May. 06, 2009
Open Text said Wednesday it plans to acquire fellow content management tools provider Vignette for about US$310 million in cash and stock. The deal is expected to be finalized in the second half of this year.

Micro Focus buys Borland Software for $75 million
May. 06, 2009
Micro Focus International plans to beef up its range of software quality assurance tools with two acquisitions it announced Wednesday.

Netbooks shore up Acer results during first quarter
Apr. 29, 2009
Acer's popular netbook, the Aspire One, shored up the company's sales in the first quarter as consumers reined in spending amid a global recession.

Apple cuts more than 10% of full-time retail workers
Apr. 24, 2009
Apple's financial results for its second-quarter of 2009 were very favorable despite a few dark spots. But though the company may have posted its most successful non-holiday quarter ever, there are still some signs that ...

MySpace CEO to step down
Apr. 23, 2009
Chris DeWolfe will hand over his CEO title at MySpace, whose growth has stagnated over the past year while the popularity of rival Facebook booms.

Apple boosts revenues with iPhone, iPod Touch
Apr. 23, 2009
As expected, Apple Wednesday announced that Mac sales fell last quarter, the first time in nearly six years that the company has reported a year-to-year drop-off in Mac sales.

Microsoft posts historic revenue stumble in quarterly earnings
Apr. 23, 2009
For the first time in its 23-year history as a public company, Microsoft's revenue dropped in year-over-year comparison as the company reported a whopping 6% decline in revenue for its fiscal third quarter coupled with ...

Wipro posts strong revenue and profit growth
Apr. 22, 2009
Indian outsourcer Wipro reported a 29% rise in revenue for its fiscal year ended March 31.

Broadcom makes bid to buy Emulex for $764 million
Apr. 21, 2009
Following a rejection of efforts to purchase the company in January, Broadcom on Tuesday made an unsolicited bid to purchase Emulex for $764 million.

Oracle, entering hardware arena, agrees to buy Sun for $7.4B
Apr. 20, 2009
Oracle has signed a deal to purchase Sun for $7.4 billion, plunging the enterprise software vendor into the hardware market and making Sun the latest company to be subsumed by the Silicon Valley giant.

Sun deal revives Oracle's Network Computer dream
Apr. 20, 2009
What I'd give to be a fly on the wall in IBM CEO Sam Palmisano's office right now. Assuming he's the one who ultimately made the decision to play hardball in IBM's talks to acquire Sun Microsystems, he must be wondering ...

How will Skype affect the unified communications market?
Apr. 20, 2009
Last week, we covered a Skype announcement about its VoIP application for the iPhone, today we'll follow-up with additional news and analysis about the company. In the news category, eBay last week announced it plans to ...

After losing Sun to Oracle, IBM earnings up
Apr. 20, 2009
The same day it appears to have lost out on the opportunity to buy Sun Microsystems, IBM reported that revenue for the first quarter of 2009 dropped 11 percent compared to the same quarter last year and just barely ...

Oracle agrees to buy Sun for $7.4B
Apr. 20, 2009
Oracle has agreed to buy Sun for $7.4 billion, it announced on its Web site on Monday

Google suffers several negative firsts in quarter
Apr. 17, 2009
It took a worldwide recession to put the Google growth machine in reverse.