Latest financial news.
Sophos buys anti-spam vendor ActiveState for $23 million, 09/24/03
U.K. anti-virus company Sophos Wednesday said it bought the Canadian company ActiveState for $23 million in cash, adding ActiveState’s line of anti-spam products to Sophos’ enterprise anti-virus software.
https://www.nwfusion.com/news/2003/0924sophobuys.html
HP to indemnify Linux clients against SCO, 09/24/03
HP is planning to indemnify its Linux customers against legal action from SCO, according to a report on the Wall Street Journal’s Web site.
https://www.nwfusion.com/news/2003/0924reporhpto.html
Symantec buys storage company PowerQuest, 09/23/03
Symantec Tuesday announced plans to acquire storage management vendor PowerQuest for $150 million to bolster its server and desktop management software.
https://www.nwfusion.com/news/2003/0923sympower.html
Gov’t agency uses buying power to encourage security, 09/23/03
The U.S. government has started to use its immense purchasing power to influence cybersecurity, beginning with a Department of Energy contract with Oracle that requires the software vendor to build in security configurations.
https://www.nwfusion.com/news/2003/0923govt.html
Application service providers still alive and kickin’, 09/22/03
Jay Baitler was tired of watching his salesforce muddle through a hodgepodge of spreadsheets, databases and paper-based records. The senior vice president at Staples knew he needed a software package to tie together the pieces and create a streamlined approach that would boost business.
https://www.nwfusion.com/news/2003/0922carrspecialfocus.html
PeopleSoft hits on integration, costs, 09/22/03
Attendees at PeopleSoft’s customer conference last week heard progress reports on integrating products gained in the $1.7 billion acquisition of J.D. Edwards, as well as expanded support policies and tools for making software easier to use.
https://www.nwfusion.com/news/2003/0922peoplesoft.html
Sprint turns to EDS, IBM, 09/22/03
Sprint announced last week that it is teaming with two outsourcing powerhouses in an effort to cut its own costs and improve application development.
https://www.nwfusion.com/news/2003/0922sprint.html
Global Crossing buyout gets U.S. go-ahead, 09/22/03
The Committee for Foreign Investment in the U.S. has approved a buyout of bankrupt telecommunication company Global Crossing Holdings Ltd. by Singapore Technologies Telemedia Pte. Ltd., Global Crossing said in a statement Friday.
https://www.nwfusion.com/news/2003/0922globacross.html
Judge orders Microsoft to pay state’s attorneys’ fees, 09/22/03
Massachusetts would receive nearly $1 million in attorneys’ fees in its ongoing antitrust lawsuit against Microsoft under a federal judge’s order, but that’s less than half of what the state had asked for.
