Latest financial news.
Lenovo sees fourth-quarter results slip, 06/08/05
Lenovo Group, the world’s third-largest PC vendor, Wednesday reported that its revenue and profit slipped during the fourth quarter of its financial year.
http://www.networkworld.com/news/2005/060805-lenovo-financial.html?nl
SourceLabs hires open source luminary Perens, 06/08/05
Open source advocate Bruce Perens has a new job. He’s taken the role of vice president of developer relations and policy with open source start-up SourceLabs.
http://www.networkworld.com/news/2005/060805-sourcelabs-perens.html?nl
Sprint appoints head of its local division, 06/07/05
Sprint Tuesday named Daniel Hesse as CEO of its Local Telecommunications Division.
http://www.networkworld.com/edge/news/2005/060705-sprint-hesse.html?nl
Sun nabs StorageTek in blockbuster, 06/06/05
Looking to stem losses and significantly boost its data protection, management and storage wares, Sun last week dug deep and acquired Storage Technology (StorageTek) for $4.1 billion.
http://www.networkworld.com/news/2005/060605-sun-storage.html?nl
Gaining speed, Citrix buys NetScaler, 06/06/05
Citrix last week said it would acquire application acceleration hardware vendor NetScaler for about $300 million in cash and stock.
http://www.networkworld.com/news/2005/060605-citrix-netscaler.html?nl
Qwest seen having eyes for XO, 06/06/05
Qwest eyeing XO as a possible acquisition?
http://www.networkworld.com/news/2005/060605-qwest-xo.html?nl
Q&A: Red Hat’s CEO sees no need for acquisitions, 06/03/05
If anyone can be called an evangelist of the commercial value of open source software, it’s Matthew Szulik, CEO of Red Hat. He has guided the company to profitability as other Linux startups have gone down in flames around him, all the while managing …
http://www.networkworld.com/news/2005/060305-redhat-qa.html?nl
