All the week’s IT market news.
Cisco to acquire equity stake in VMware, 07/27/07: Cisco plans to acquire a 1.6% equity stake in virtualization software player VMware, mirroring a step Intel took earlier this month.
Nacchio sentenced to 6 years, $52M fine, 07/27/07: A judge ordered the former chief executive of Qwest Communications International to pay $52 million and spend six years in prison for insider trading.
Microsoft buys AdECN: Microsoft Subnet reports on Microsoft’s latest acquisition. AdECN is an exchange where advertising networks can conduct real-time auctions for buying and selling ad space.
Sun swings to black in fourth quarter, 07/30/07: Sun Monday reported it had swung to a fourth quarter profit compared to a loss last year on essentially flat revenues.
Intel accused of breaching European antitrust rules, 07/27/07: The European Commission has accused Intel of abusing its dominant position in the microprocessor market to exclude its rival Advanced Micro Devices, in breach of European antitrust rules.
Google, Sprint team on WiMAX mobile services, 07/26/07: As part of its strategy to increase its presence in as many Web-enabled mobile devices as possible, Google has agreed to collaborate with Sprint Nextel to offer a range of Internet services to users of the U.S. operator’s planned new WiMAX network.
Acquisitions show wireless LAN industry keeps innovating, 07/27/07: Wireless LAN vendors acquiring security and VoIP technologies as they lay groundwork for next wave of WLAN innovation.
Strong wireless sales, including iPhone, boost AT&T earnings, 07/24/07: Profit and sales jumped in the second quarter at AT&T as the U.S. communications giant signed up more wireless customers, including new iPhone users, and sold more Internet services to enterprises.
Grid pays handsome dividends for HR firm, 07/25/07: The mainframe is alive and well at the global human resources consulting and outsourcing firm Hewitt Associates, but it’s getting quite a bit of help these days from a Linux-based grid computing platform.
