Latest financial news.
Symantec completes Veritas merger, names new board, 07/05/05
Symantec Corp. has named the six former Symantec directors and four former Veritas directors who will sit on its 10-member board, following the completion of its merger with Veritas Software Corp. Saturday.
http://www.networkworld.com/news/2005/070505-symantec-veritas.html?nl
Reports: Microsoft in talks to buy adware developer, 06/30/05
Microsoft has been discussing the possibility of buying a developer of adware, Claria, according to reports published in U.S. newspapers Thursday. However, the deal is in danger of falling through, in part because of concerns about how such a move …
http://www.networkworld.com/news/2005/063005-adware.html?nl
Nortel appoints new chairman, 06/30/05
Nortel named former Hughes Electronics Chairman Harry Pearce as the new chairman of its board of directors following a meeting of shareholders Wednesday.
http://www.networkworld.com/edge/news/2005/063005-nortel-pearce.html?nl
CA restates results, identifies weak financial controls, 06/29/05
Computer Associates filed its delayed annual financial report on Wednesday, formalizing another round of financial restatements that the software vendor hopes will let it finally leave behind the shadows of its troubled past few years.
http://www.networkworld.com/news/2005/062905-ca.html?nl
Oracle revenue jumps 26% in healthy quarter, 06/29/05
Oracle Wedmesday reported a big jump in revenue for its fiscal fourth quarter, driven by its merger with PeopleSoft and strong sales from all product categories.
http://www.networkworld.com/news/2005/062905-oracle-earnings.html?nl
Net management company Netcordia nabs first venture funding, 06/29/05
Network and system management company Netcordia started up in 2000, but only this week announced its first round of venture funding.
http://www.networkworld.com/news/2005/062905-netcordia.html?nl
