All the week’s IT market news.
Judge approves telecom merger conditions, 03/30/07
A judge has approved U.S. Department of Justice conditions attached to two major telecommunication mergers that closed in late 2005 and early 2006.
Telecom stocks up slightly post Networx award, even for Sprint, 03/30/07
Although Sprint Nextel was shut out by the GSA when it announced the awarding of its Networx Universal contract early Thursday, the carrier’s stock price didn’t take a nose dive.
Cisco set to fight aftermarket sellers, 04/02/07
Call Cisco a victim of its own success; as its dominance in corporate routing and switching grows, so goes the vigorous aftermarket for Cisco gear – a sub-segment that’s reached a point the vendor can no longer ignore.
Acquisitions quadruple size of Brocade’s market, 03/31/07
Executives of Brocade Communications say their acquisition strategy has given the company access to an estimated $7.2 billion market in 2008 for its storage hardware, software and services technology, four times the market it serves today.
Red Hat CEO undaunted by Oracle, Microsoft, 03/30/07
Red Hat’s latest financial results prove the company can withstand new competitive challenges, according to Matthew Szulik, the company’s chairman and CEO.
NAC vendor Caymas still kicking, 03/29/07
NAC vendor Caymas Systems is not out of business.
IBM set to land $1.6 billion India telecom deal, 03/29/07
IBM loves outsourcing in India. The company is on the verge of signing a rumored $1.6 billion outsourcing agreement with India’s fourth largest wireless telecom vendor Hutchison Essar – marking the second such deal Big Blue has inked with Indian telcos this month and the third in as many years.
HP sues Acer for patent infringement, 03/28/07
The world’s largest PC vendor filed suit against its fastest growing rival on Tuesday, alleging the infringement of five patents.
Aruba Networks goes public, 03/28/07
Wireless LAN switch start-up Aruba Networks this week went public, and its initial stock price surged by nearly 30% in the first day of trading on the Nasdaq exchange.
Cisco to acquire network processor company, 03/28/07
Cisco has agreed to buy SpansLogic, a privately held designer of network processing chips based in Mountain View, Calif., for an undisclosed sum.
Report names Microsoft among DoubleClick suitors, 03/28/07
Online advertising sales and hosting company DoubleClick is up for sale, and Microsoft could be a buyer, according to a report Wednesday.
Should Nortel exit WiMAX?, 03/27/07
Nortel remains steadfast in its plan to become a leader in WiMAX despite losing out on the Sprint Nextel contract and suggestions from two investment firms that it re-evaluate its presence in the market.
