Vendor news

Microsoft buys European comparison shopping site for $486M
Aug. 29, 2008
Microsoft has agreed to buy comparison shopping business Ciao in a deal worth around $486 million, and plans to integrate the service into its Live Search sites, it announced Friday.

Novell revenue up, net income loss at $15 million
Aug. 28, 2008
Novell Thursday posted a net income loss of $15 million for its fiscal third quarter fueled by a charge related to its “auction-rate securities.” Novell revenue up, net income loss at $15 million By John Fontana , ...

Infosys crosses the Rubicon with Axon buy
Aug. 26, 2008
The agreement for SAP consultancy Axon to sell out to Indian offshoring giant Infosys Technologies for about £407m ($752.6 million) comes at the same time as HP is reportedly about to complete its capture of EDS. 'May ...

Sun for sale? Dropping profits, stock price fuel speculation
Aug. 21, 2008
Sun could be for sale, analysts say.

Aussie security company set to be bought by Symantec
Aug. 19, 2008
Symantec has announced it has signed an agreement to acquire Australian security vendor PC Tools. The privately held PC Tools, which is headquartered in Sydney, has risen to global prominence since hitting the world ...

6 Apple executives you need to know about
Aug. 18, 2008
The story of Apple's strong management may begin with Steve Jobs, but it certainly doesn't end there. Apple enjoys a deep bench of executive talent--one of the reasons the company has thrived in recent years.

Cisco combines SMB engineering teams
Aug. 12, 2008
Cisco Systems has combined the engineering teams for all its small and medium-sized business (SMB) products, forming a single group to develop products for the Cisco and Linksys brands.

Apple lawsuit to decide eligiblity for overtime pay
Aug. 07, 2008
The class action lawsuit network engineer David Walsh filed in U.S. District Court in California earlier this week against his former employer, Apple, for violating labor laws is a potentially high-profile and precedent ...

Former Apple employee sues for violation of labor code
Aug. 06, 2008
David Walsh, a former Network Engineer that worked at Apple from 1995 to 2007, is suing the company for violating California labor laws.

Sprint sheds 901,000 more wireless customers
Aug. 06, 2008
Sprint is still hemorrhaging postpaid wireless subscribers -- those who pay monthly and are most profitable -- as the company reported losing 776,000 in the second quarter in its earnings announcement today.

Cisco posts solid quarter in challenging economy
Aug. 05, 2008
Cisco this week posted fourth quarter 2008 results a bit better than Wall Street expectations.

Nortel wins Olympic gold, but reports Q2 loss
Aug. 01, 2008
Nortel's good news is that it has been selected to supply the network infrastructure for the 2012 London Summer Olympic Games. The bad news is that the company's enterprise business fell in the second quarter.

Riverbed's partnership spree yields manageability, security gains
Jul. 31, 2008
Riverbed Technology last week announced the latest in a string of partnerships designed to strengthen the company's WAN optimization offerings. Its new deal with Microsoft is aimed at improving the performance of ...

Report: Google to set up VC fund
Jul. 31, 2008
Google is planning to start a venture-capital arm, possibly led by senior vice president and chief legal officer David Drummond, the Wall Street Journal reported Thursday.

McAfee to buy data protection vendor Reconnex
Jul. 31, 2008
Looking to expand its range of data protection products, McAfee said Thursday that it will acquire Reconnex, a maker of data protection appliances and software.

BMC delivers solid earnings - again
Jul. 30, 2008
Management software maker BMC kicked off fiscal 2009 with significant revenue increases that have industry watchers confident the company will weather any economic challenges U.S. vendors could face this year.

Alcatel-Lucent CEO and Chairman resign
Jul. 29, 2008
Alcatel-Lucent's CEO Patricia Russo plans to step down before the end of the year, and Chairman Serge Tchuruk will quit on Oct. 1. Russo will stay on until the board finds a replacement, the company said Tuesday.

Smart move: Brocade buys Foundry
Jul. 29, 2008
Brocade's recent acquisition of Foundry Networks for $3 billion should raise the market's interest in Fibre Channel over Ethernet (FCoE).

Brocade to buy Foundry for $3 billion
Jul. 21, 2008
Storage networking company Brocade Communications Systems has agreed to acquire enterprise LAN vendor Foundry Networks for approximately $3 billion, the companies announced Monday.

Report: Steve Jobs' health issue not life threatening
Jul. 28, 2008
Apple CEO Steve Jobs has some health problems, but they are not life-threatening, the New York Times reported on Saturday.

Sophos plans to acquire German data security company
Jul. 28, 2008
Security vendor Sophos plans to acquire Utimaco, a German company specializing in software that aims to prevent sensitive data from escaping corporate networks, an increasing focus with the rise in data breaches.

Juniper CEO: Timing right to step aside
Jul. 25, 2008
With the momentum Juniper Networks currently is enjoying and the availability of an executive like Microsoft's Kevin Johnson, the time was right for Chairman and CEO Scott Kriens to give up day-to-day operations.

Ballmer seeks to justify online services push
Jul. 24, 2008
Microsoft CEO Steve Ballmer sought to justify to financial analysts the losses from the company's online services group and to defend plans for increasing investment in the group.

Juniper hitting on all cylinders
Jul. 24, 2008
Juniper Networks beat consensus estimates with its second quarter results, posting a solid quarter in which sales rose 32% and profit jumped 40%.

Reactions to Brocade-Foundry deal
Jul. 24, 2008
As the impact of the news this week that Brocade Communications Systems will be acquiring Foundry Networks sank in, it drew a wide range of reactions - even just at Network World.