Channel Insider Staff

NEW YORK, Sept 23 (Reuters) – Shares of software maker Novell Inc (NASDAQ:NOVL) fell 6 percent in early Thursday trade after news that the company’s auction process was facing setbacks. "There’s some chatter that Novell is having problems closing the deal," said James Gilman, a Capstone Investments analyst. Reuters reported on Wednesday that Novell was […]

(Reuters) – In the fast-paced world of Silicon Valley innovation, Google’s chief dealmaker David Lawee puts many a youthful engineer to shame. As head of Google’s M&A group, he has powered up the search giant’s acquisition machine and his team is on track to nail down a deal every two weeks on average, in Google’s […]

SAN FRANCISCO, Sept 20 (Reuters) – Hewlett-Packard Co (NYSE:HPQ) has settled a legal dispute over Oracle Corp’s (NASDAQ:ORCL) hiring of Mark Hurd, as the two companies moved to mend fences and put the contentious issue behind them. The companies said in a joint statement on Monday that, "Hurd will adhere to his obligations to protect […]

Looking to shorten and simplify the deployment process, HP is rolling out integrated private cloud solutions customized for Oracle applications. HP said that HP Private Cloud Solutions for Oracle Applications are engineered to support complex, multi-tiered environments. HP’s new private cloud solutions for Oracle applications are likely to go up directly against Oracle’s newly announced […]

SAN FRANCISCO, Sept 19 (Reuters) – Oracle Corp (NASDAQ:ORCL), the world’s No. 3 software maker, unveiled a new all-in-one product to help companies manage so-called "cloud" computing. Chief Executive Larry Ellison opened Oracle’s annual technology and user conference on Sunday by revealing Exalogic, which combines server, storage and networking technology with Oracle’s software, that companies […]

SAN FRANCISCO, Sept 20 (Reuters) – In his first public appearance since joining Oracle Corp (NASDAQ:ORCL), Mark Hurd avoided controversy and delivered a straightforward sales pitch for the company’s nascent hardware business. In brief, but closely watched remarks at Oracle’s annual user and technology conference, Hurd made no mention of his former employer, Hewlett-Packard (NYSE:HPQ), […]

NEW YORK, Sept 16 (Reuters) – Hewlett-Packard (NYSE:HPQ) is nearing a decision on a new chief executive to succeed Mark Hurd and is likely to pick an internal candidate, Bloomberg reported on Thursday, citing a person familiar with the matter. The board of HP, the world’s largest computer maker, met this week to consider possible […]

LOS ANGELES, Sept 16 (Reuters) – VMware Inc (NYSE:VMW) is in advanced talks to buy Novell Inc’s (NASDAQ:NOVL) Linux operating system business, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The paper reported that private equity-backed software company Attachmate Corp could buy some or all of Novell’s remaining assets. The […]

SEATTLE, Sept 16 (Reuters) – Oracle Corp (NASDAQ:ORCL) posted a 25 percent surge in software sales that sharply beat forecasts and a pickup in its new hardware business, underscoring robust tech spending by corporations and boosting its shares more than 4 percent. Its quarterly earnings and revenue forecasts also exceeded Wall Street’s targets, despite recent […]

Microsoft Corp released the latest version of its Web browser, saying that it would work at faster speeds, deliver better graphics and be less obtrusive to users. Internet Explorer 9, unlike previous versions and many competing browsers, pushes itself into the background. "People go to the Web for site, not the browser," said Dean Hachamovitch, […]

SAN FRANCISCO, Sept 14 (Reuters) – Dell Inc (NASDAQ:DELL) wants to put its new tablet into the lab coats of doctors, as it aims to broaden the appeal of the device beyond consumers and tie it more closely to the company’s software. Dell on Tuesday said it is integrating the new Streak tablet with its […]

NEW YORK, Sept 12 (Reuters) – Intuit Inc (NASDAQ:INTU), which makes personal finance applications like Quicken and TurboTax, will likely gain from a growing demand by small businesses for accounting software, according to the Sept. 13 issue of Barron’s. The market for smaller business software is underserved and could be worth as much as $30 […]