• United States

Tough times ahead for semiconductor business

Sep 15, 20043 mins

Latest financial news.

Tough times ahead for semiconductor business, 09/15/04

The number of companies building and designing microprocessors is likely to shrink by approximately 40% over the next 10 years, analysts from Gartner predicted at the research firm’s Semiconductor Industry Summit conference in San Francisco Tuesday.

Oracle shows sales and earnings growth, 09/14/04

Oracle reported revenue and earnings growth in its first fiscal quarter, with its revenue from new software licenses rising 7%, to $563 million.

Sun trims fourth-quarter earnings by $12 million, 09/14/04

Sun this week trimmed its fourth quarter and full-year 2004 results, to account for final accounting of asset retirement obligations and its settlement with Microsoft.

Yahoo buys Musicmatch for $160 million, 09/14/04

Yahoo will acquire the digital music software and services provider Musicmatch in a cash deal valued at $160 million, the companies announced Tuesday.

Proxim settles patent lawsuit with Symbol, 09/14/04

Wireless networking provider Proxim, Tuesday announced that it has reached a settlement agreement with Symbol, resolving all outstanding litigation between the two wireless companies.

Cisco to buy VoIP software vendor, 09/13/04

Cisco this week announced plans to acquire Dynamicsoft, a maker of carrier VoIP software based on Session Initiation Protocol.

Sendo, Microsoft settle smart phone lawsuit, 09/13/04

Microsoft and U.K. mobile phone maker Sendo Holdings have ended a two-year legal dispute over smart phones with a settlement, the companies said Monday.

Oracle creates hosting program for ISVs, 09/13/04

Oracle has launched a program for independent software vendors that build Oracle-based applications and that want to get into the application hosting and management business but lack the resources …

In Depth: PeopleSoft fracas could spark software M&A, 09/10/04

Thursday’s pro-Oracle decision on the U.S. Department of Justice’s attempt to block Oracle’s proposed takeover of PeopleSoft could have ramifications for the broader software market: Most …

European Commission clears HP’s bid for Synstar, 09/10/04

The European Commission Friday announced it has cleared HP to buy U.K. IT services provider Synstar.

Judge’s decision means uncertain future for PeopleSoft, 09/10/04

One year ago at PeopleSoft’s Connect user conference, CEO Craig Conway took the stage to assure several thousand PeopleSoft customers that Oracle’s then three-month-old bid for control of …

EDS may cut 20,000 jobs over the next two years, 09/10/04

Electronic Data Systems Corp. plans to lay off between 15,000 and 20,000 employees over the next two years as part of an effort to slash $3 billion in costs, the company’s Chairman and CEO …

Cisco to acquire network monitoring provider NetSolve, 09/09/04

Cisco channel partners will be able to offer real-time monitoring of enterprises’ networks following the company’s planned acquisition of NetSolve, which was announced Thursday.