Channel Insider Staff

LONDON (Reuters) – Big-name technology firms will compete to acquire niche software groups in 2011 as part of a growth plan they hope will cater to recession-hit clients clamoring for a wider range of services. Having learned the lessons of the dot-com bubble collapse in 2000, technology companies were quick to cut headcount — their […]

(Reuters) – Heavier regulation in financial markets has pushed up compliance costs for wealth and asset managers, helping one software provider bump up sales in one key region by 50 percent this year, a company executive said. Private banks and independent wealth managers need more powerful compliance and risk management software to ensure sales and […]

NEW YORK, Dec 16 (Reuters) – Technology outsourcing and consulting firm Accenture Plc (NYSE:ACN) reported higher-than-expected quarterly revenue and earnings, and raised its full-year outlook as more customers sought its help to run their businesses more efficiently. Accenture, which helps companies cut costs and improve operations through consulting, outsourcing and technology services, said conditions looked […]

BOSTON, Dec 16 (Reuters) – Oracle Corp’s (NASDAQ:ORCL) new software sales surged and beat its own forecasts, and the company reported profit ahead of Wall Street estimates, suggesting that its strategy of offering a one-stop shop for software and hardware is paying off. Shares in the company run by Silicon Valley billionaire Larry Ellison rose […]

(Reuters) – Facebook is the best large U.S. company to work for, according to a survey by a career website published on Wednesday. The social network company placed ahead of Southwest Airlines and management consultants firm Bain & Company on the list compiled by Glassdoor, an online site where users publish feedback on employers. Employees […]

(Reuters) – U.S. tech giant Hewlett-Packard Co (NYSE:HPQ) said on Wednesday it has won a $1.4 billion infrastructure technology outsourcing contract from German utility E.ON (DE:EONGn). As per the agreement, HP will directly manage the data center and workplace services for more than 80,000 E.ON. employees. HP said it would also closely collaborate with E.ON’s […]

(Reuters) – Apple Inc’s iPad and bustling retail business have encouraged investors to shrug off the shaky economy and snap up the company’s shares as 2010 comes to a close. Checks by analysts over the past few weeks indicate strong demand for a number of Apple products, which has pushed its shares up as much […]

Dec 14 (Reuters) – Microsoft Corp (NASDAQ:MSFT) issued one of its biggest-ever security fixes on Tuesday, including repairs to its ubiquitous Windows operating system and Internet Explorer browser for flaws that could let hackers take control of a PC. Microsoft said on Tuesday that two of the new patches — software updates that write over […]

BOSTON, Dec 14 (Reuters) – Symantec Corp’s (NASDAQ:SYMC) lead independent director said that the world’s biggest maker of anti-virus software is "under attack" by activist shareholders critical of a big acquisition the company made in 2005. The comment suggests that there is tension between the company’s board of directors and a group of activist shareholders […]

Dec 13 (Reuters) – Toshiba Corp (T:6502) expects its notebook personal computer sales in the United States to sharply outpace the industry in the holiday season. Jeff Barney, general manager of digital products for Toshiba America, expects laptop sales in the holiday quarter to grow in the low teens from a year ago. He said […]

(Reuters) – Acer, the world’s No.2 PC vendor, expects its China operations to make up more than 20 percent of its total sales in five years, helped by new tablet PCs and an alliance with China’s Founder Technology. As one of Taiwan’s few internationally recognizable computer brands, Acer is betting heavily on its growth in […]

Dec 9 (Reuters) – Cisco Systems Inc (NASDAQ:CSCO) Chief Executive John Chambers said the network equipment maker would likely gain share in the overall market, including the public sector, where it suffered a fall in orders last quarter. "I’d be surprised if, in the public sector and the market as a whole, our share as […]