Year: 2007
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Oracle Hangs a Solid Q2 on a Thick Neck
Categories: News and TrendsOracle surprised Wall Street analysts and investors Dec. 20 by reporting better than expected fiscal second-quarter 2008 earnings, particularly in the area of software license revenue, much of which can be attributed to the fact that its acquisition strategy is finally paying off. Oracle announced Dec. 20 that its earnings were up 35 percent to… Read more
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NetSuite Closes IPO at $26 per Share
Categories: News and TrendsOn-demand enterprise resource planning vendor NetSuite said Dec. 26 that it has closed its initial public offering. The much-vaunted IPO, launched Dec. 10, has raised $185.4 million in the sale of 6.2 million shares at $26 eacha take that far exceeds the company’s initial expectations. NetSuite officials said in a Dec. 6 statement that they… Read more
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Dell to Push Chameleon Kiosk
Categories: News and TrendsDell will introduce in January a retail kiosk designed to change function throughout the day, eWEEK has learned. Similar kinds of kiosks are already in use by retailers, but the retailers have to define their purpose before deploying them. The new kiosks can be deployed at different spots in a retail location, perhaps at the… Read more
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Dell Inks Tesco Deal
Categories: News and TrendsNEW YORK (Reuters)—Dell Inc said on Friday British retailer Tesco will sell Dell personal computers in outlets across Europe. Dell said, starting January, customers will be able to purchase Dell XPS and Inspiron computers in Tesco stores in the United Kingdom, Ireland, Poland, Czech Republic and Slovakia. Earlier this month Dell said it had reached… Read more
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Red Hat Has a Great Quarter; CEO Leaves
Categories: News and TrendsRed Hat announced outstanding financial results for its third fiscal quarter, which ended Nov. 30. How outstanding? The Linux company’s revenue for the quarter jumped to $135.4 million. That is an increase of 28 percent from the equivalent 2006 quarter and 6 percent from the second quarter of this year. Drilling down, Red Hat Enterprise… Read more
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Dell Buys U.K. Storage Consultancy
Categories: News and TrendsDell acquired Dec. 21 The Networked Storage Co., a storage consultancy firm based in the United Kingdom. The Networked Storage Co. provides IT and storage consultancy, and offers customers a service called Point of Proof, which provides an auditable process to evaluate and implement technology and IT infrastructure primarily around storage networks. According to the… Read more