Latest financial news.
PalmOne acquires Palm brand name, 05/24/05
In a move to secure a household name in the personal organizer sector, PalmOne has agreed to pay PalmSource $30 million for full rights to the Palm brand name.
http://www.networkworld.com/news/2005/052405-palmone-palm.html?nl
Linux sales help Oracle database catch IBM, study finds, 05/24/05
Oracle recovered ground in the worldwide relational database market last year to draw roughly level with IBM, thanks in part to Oracle’s strong performance in the fast-growing Linux segment, according to new figures from Gartner.
http://www.networkworld.com/news/2005/052405-linux-oracle.html?nl
IBM, partners developing new memory technology, 05/24/05
IBM Monday announced that it was working with Infineon and Macronix International to develop memory technology that could in the future replace flash memory chips in computers and portable storage devices.
http://www.networkworld.com/news/2005/052405-ibm-infineon.html?nl
Lenovo announces U.S. development center, 05/24/05
Chinese PC maker Lenovo Group, which bought IBM’s PC business earlier this year, Tuesday said it will open a development center in North Carolina to collaborate with partners on new personal computing technologies.
http://www.networkworld.com/news/2005/052405-lenovo-innovation.html?nl
Tech vendors align against Micosoft in EU case, 05/23/05
A group of five large technology vendors, including IBM and Oracle, have officially been approved to raise their voices against Microsoft in an appeal of the European Commission’s anti-trust case.
http://www.networkworld.com/news/2005/052305-microsoft-antitrust.html?nl
PalmSource CEO steps down, 05/23/05
Following in the footsteps of its former parent company, PalmSource Monday announced it is parting ways with its first CEO and will be headed by an executive within the company on an interim basis as it searches for a replacement.
http://www.networkworld.com/news/2005/052305-palmsource-ceo.html?nl
Cisco acquires chip firm, 05/23/05
Cisco this week said it has finalized the acquisition of privately-held Vihana, a Sunnyvale, Calif., developer of custom ASICs for computer and communications applications.
http://www.networkworld.com/edge/news/2005/052305-cisco-vihana.html?nl
Two more Novell execs bite the dust, 05/19/05
Don’t stand too close to the exit door at Novell’s headquarters because it’s revolving faster than ever as executives jump ship – or get pushed overboard.
http://www.networkworld.com/newsletters/netware/2005/0516nw2.html?nl
Broadcom sues Qualcomm over patents, 05/19/05
Communications chip vendor Broadcom has sued Qualcomm, seeking to halt the manufacture and sale of key Qualcomm chips.
http://www.networkworld.com/edge/news/2005/051905-broadcom-qualcomm.html?nl
