All the week’s IT market news.
Google to buy Doubleclick for $3.1 billion, 04/13/07
Google has agreed to buy DoubleClick for $3.1 billion in cash, an acquisition that strengthens Google’s status as an online advertising powerhouse.
CA’s Kumar ordered to pay restitution of $1 billion, 04/13/07
A U.S. District Court judge has ordered the former CEO of CA to pay more than $1 billion in restitution to victims of securities fraud he committed while at the company.
Infosys revenue to reach $4 billion this year, 04/13/07
Infosys, India’s second largest software and services outsourcer, announced Friday that it expected its revenue to grow by 28% to 30% to about $4 billion in its current fiscal year ending March 31 next year.
Network companies to watch, 04/10/07
We are always looking for the next great innovation in networking – and there’s no better place to look than to the most innovative start-ups in the business. Here is the big list of companies we think you should watch, compiled over the last year or so.
Vonage CEO resigns, cost-cutting moves planned, 04/12/07
Vonage CEO Michael Snyder resigned, the company said Thursday, at the same time announcing moves to cut costs.
Vonage seeking stay of order that would halt customer sign-ups, 04/11/07
Tuesday, April 24 will be a crucial day for Vonage. The U.S. Court of Appeals will either give the company a chance to survive with a stay that will let Vonage sign up new customers while it appeals its patent infringement case, or the court will deny its request and essentially pull the plug on the service provider’s life support.
Sohu threatens to sue Google over copycat software, 04/10/07
Sohu.com Tuesday threatened to sue Google for violating its intellectual property rights, and renewed a demand for the company to stop downloads of a Chinese software tool based, in part, on one of its own databases.
Google finds ally in Chinese Web browser, 04/11/07
Google has found an ally in the Chinese Web browser Maxthon, a partnership that could help to lift Google’s fortunes in China’s tough search market.
Newly public Sourcefire sees big stock drop, 04/10/07
Security start-up Sourcefire (NASDAQ: FIRE) on Monday saw a 30% drop in its stock price following a statement issued Friday by the company warning of a first-quarter loss.
Google used rival’s database ‘inadvertently’, 04/10/07
After evading the question for four days, Google folded on Monday and admitted in a blog post that developers at Google China had copied part of a software tool from rival Chinese Internet company Sohu.com for one of its own products. But Google later said the database was used unintentionally.
Microsoft: No acquisitions planned in ERP area, 04/10/07
Microsof, with its hands full integrating its Dynamics ERP line, does not plan to acquire any of the smaller vendors competing with the software giant in the midmarket area, a senior executive said.
Mervyns bets on software start-up Cittio, 04/10/07
Mervyns department stores offer shoppers access to myriad brands at more than 170 locations, and according to IT managers, the company depended on just as many tools to manage about 200 systems scattered across 10 states.
Iona buys open source SOA company, 04/10/07
Iona Technologies has acquired open source software company LogicBlaze, its second acquisition in as many months to help grow its SOA business.
Nokia keeps selling despite patent dispute, 04/10/07
An end to the heated patent licensing dispute between Qualcomm and Nokia is nowhere in sight, with both companies still far apart in their positions to renew terms of a licensing pact, which expired Tuesday.
From Cisco Subnet: Cisco to invest in wireless audio speaker company
Smarthouse Magazine is reporting that Cisco is this week poised to announce an investment in Australia wireless audio provider Avega Systems.
Editor’s Note: Is your IT organizational structure holding your company back?
We’re assembling a package of stories to be published in Network World looking at the IT organizational structure of the future and we need your help:News Editor Bob Brown
* If your company has recently reorganized in light of new business and technology challenges and opportunities, can you send along “before” and “after” org charts? (Feel free to strip out the names, we’re really just looking for titles. But give us a sense of the size of your IT organization/business.) Can you tell us how the reorganization has worked out?
* If your company is in need of an IT org makeover, what areas are currently most dysfunctional?
* Any advice on what your peers can do to improve their IT organizations right now?
We’re looking to tap into our readership through a technique some call “crowdsourcing.” Knowing we don’t have all the answers, but that our audience probably has a lot of them, we’re hoping to help you help each other.
Please send info to
