All the week’s IT market news.
Google revenue climbs 67%, 02/01/07
Google Wednesday reported revenue of $3.21 billion in the quarter ending Dec. 31, 2006, an increase of 67% over the same period in 2005. Google officials said they have been able to increase revenue while showing fewer advertisements per search.
HP to acquire Bristol Technology, 02/05/07
HP plans to acquire business transactions monitoring software vendor Bristol Technology.
Akamai to acquire Netli for about $170 million, 02/05/07
Web content delivery company Akamai Technologies has signed an agreement to acquire Netli, which provides services to help accelerate content and services online, the companies announced Monday.
CA earnings reflect renewed stability, 02/02/07
Software maker CA Thursday reported more than $1 billion in revenue for its fiscal third quarter, giving the company and industry watchers cause for cautious optimism.
BT puts up $196 million for INS, 02/01/07
BT Group announced Thursday its plans to acquire International Network Services, an IT consulting and professional services firm.
Dell describes cost cuts in leaked memo, 02/05/07
Stock in Dell was rising Monday on news that founder Michael Dell plans to remain as CEO for several years, trim the number of managers reporting directly to him and eliminate bonuses.
DEMO 07: Alcatel-Lucent to manage laptops, 02/01/07
A project unveiled this week at DEMO 07 by Alcatel-Lucent will let enterprise net administrators reach out and touch corporate laptops anytime, anywhere
Lenovo’s Q3 profits climb higher despite flat sales, 02/01/07
Lenovo Group Thursday reported a jump in third-quarter profits, even as its turnover during the period remained flat compared to one year ago.
CA unhappy with its storage business, 02/01/07
While software vendor CA is pretty happy with the financial performance of three-quarters of its business, its storage management operations are not up to par, according to executives.
Apple settlement boosts Creative’s Q2 profits, 01/31/07
Creative Technology Wednesday reported net income of $92.2 million for the second quarter of its fiscal year, largely due to a one-time licensing payment by Apple.
Michael Dell returns as CEO, 01/31/07
Michael Dell will return to the helm at the company he founded, replacing Kevin Rollins, who resigned as CEO effectively immediately Wednesday, as the computer maker continues to struggle in an increasingly competitive market.
Enterprise R&D to hit Juniper profits, 01/31/07
Juniper this week reported fourth quarter and full year 2006 earnings in line with analyst expectations, but cautioned that expenses in building its enterprise product portfolio and channel will squeeze 2007 margins.
