Channel Insider Staff

HONG KONG, Nov 4 (Reuters) – Dell Inc (NASDAQ:DELL), the world’s No.2 PC maker, will focus its M&A activity on expanding IT services in specific markets as it diversifies beyond its core PC business, a senior executive said on Thursday.   The company would not concentrate on making huge acquisitions in the near future, Steve […]

Nov 2 (Reuters) – TechTeam Global (NASDAQ:TEAM), a provider of outsourcing and business process outsourcing services, said it agreed to be bought by Brazil’s Stefanini International Holdings Ltd for $93.4 million in an all-cash deal that will expand the private company’s international presence. Stefanini, through a U.S. unit, will purchase all outstanding TechTeam common shares […]

SAN FRANCISCO, Nov 1 (Reuters) – Intel Corp (NASDAQ:INTC) is on track to launch an improved chip platform aimed at the fast-expanding tablet market, where so far it has trailed nimble competitors that specialize in cheap low-power processors. Code-named Oak Trail and due to begin shipping in early 2011, the chips have much-improved energy efficiency […]

Nov 2 (Reuters) – Dell Inc (NASDAQ:DELL), the world’s No.2 PC maker, will announce an acquisition related to cloud computing on Tuesday, its chief executive said, while ramping up its tablet PC line to compete with rivals such as Apple (NASDAQ:AAPL). Speaking at an event in Hong Kong, Michael Dell also said that he had […]

NEW YORK, Nov 1 (Reuters) – Network security company Fortinet Inc (NASDAQ:FTNT) denied a news report it was in talks to be bought by International Business Machines Corp (NYSE:IBM). Bloomberg reported on Friday, citing unnamed sources, that IBM was in advanced talks to buy Fortinet and that Morgan Stanley (NYSE:MS) was advising Fortinet. Fortinet said […]

(Reuters) – U.S. small-business owners believe a U.S. economic recovery is unlikely to accelerate before the second half of 2011 amid worries about issues such as healthcare costs, according to a quarterly survey. The survey, by human resources services company Administaff Inc, found 21 percent of small-business owners surveyed expect an economic rebound before mid-2011. […]

(Reuters) – Google’s Android software platform rose to No. 2 spot globally on the booming smartphone market in the third quarter, research firm Canalys said on Monday. Nokia’s Symbian continued to lead the market with a 37 percent share, while Android had 17 percent of the market. It has surpassed Research In Motion, Apple and […]

LOS ANGELES, Oct 28 (Reuters) – Technology distributor Ingram Micro Inc (NYSE:IM) is seeing increasing interest in Apple Inc’s (NASDAQ:AAPL) iPad tablet as a business tool, opening up a larger potential market for the device. Greg Spierkel, chief executive of Ingram Micro, said Apple has preferred to sell the iPad to retailers but that the […]

SEATTLE, Oct 28 (Reuters) – Microsoft Corp (NASDAQ:MSFT) beat Wall Street’s expectations with a 51 percent jump in quarterly profit, as higher sales of its flagship Windows and Office software knocked down fears Apple Inc’s (NASDAQ:AAPL) iPad would take a bite out of its main business. Its shares, down 14 percent this year, rose 3 […]

(Reuters) – Every July, Microsoft Corp invites a sizable Wall Street crowd to its leafy, low-rise campus outside Seattle. Chief Executive Steve Ballmer and his top managers take a half-day to explain where the world’s biggest software company is going, to a generally friendly audience. This year things didn’t go quite according to plan. Ballmer, […]

BOSTON, Oct 27 (Reuters) – Software maker Symantec Corp (NASDAQ:SYMC) reported a profit above Wall Street forecasts on Wednesday, helped by newly acquired businesses, and its shares rose 6 percent after hours. Chief Executive Enrique Salem attributed the performance to better-than-expected results from three recently acquired security companies — VeriSign, PGP and Guardian Edge. "The […]

SAN FRANCISCO, Oct 27 (Reuters) – Apple Inc (NASDAQ:AAPL) said it has raised its employee headcount by more than one-third from last year, as it warned again that it expects its gross margin to fall in coming quarters. Apple said it has 46,600 full-time employees as of Sept. 25, up from 34,300 a year-ago and […]