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  • Cyber-Attack Fears, Data Demand Boost Symantec’s Q2 Results

    Fear of cyber-threats and ongoing demand for digital information boosted Symantec’s second-quarter performance as enterprises and consumers continued to buy its security and backup products, the company said. The company reported fiscal second-quarter revenue of $1.68 billion, a 14 percent increase from last year’s revenue of $1.48 billion. Symantec’s net income was $182 million, or…

  • LSI Buys Flash Storage Processor Specialist SandForce

    LSI, which specializes in networking and storage software and semiconductors, is planning to buy SandForce, which makes flash storage processors for enterprise and client flash solutions and solid-state drives (SSDs). Under the agreement announced Oct. 26, LSI will pay about $322 million, and will assume about $48 million of unvested stock options and restricted shares held by…

  • Trend Micro Updates OfficeScan, Data Security Platforms

    Security specialist Trend Micro announced enhancements to its OfficeScan, Mobile Security and Data Protection solutions, which includes the ability to integrate management of security, data protection, and mobile management. Trend Micro OfficeScan 10.6 now includes an optional data loss prevention (DLP) plug-in that enables customers to deploy endpoint DLP in minutes, while Mobile Security 7.1…

  • IT Pros In Demand, Though Worker Confidence Low: Technisource

    The IT Employee Confidence Index, a measure of overall confidence among U.S. technology workers, showed a decline from 56.2 to 47.3 in the third quarter of 2011, according to a recent survey commissioned by Technisource. Surprisingly, the survey of 3,813 U.S. adults among which 257 are employed in IT, marks the lowest confidence level among…

  • Microsoft Dynamics CRM Updates Aim Squarely at Salesforce

    Microsoft is offering a service update for Microsoft Dynamics CRM with some new social-networking and cloud features, in a bid to keep the customer relationship management platform muscular in the face of significant competition from Salesforce and other companies. By bringing together new social-collaboration capabilities in Microsoft Dynamics CRM with familiar collaboration technologies such as…

  • IBM Names Virginia Rometty as New CEO

    Virginia Rometty, IBM’s senior vice president and global sales leader, is slated to become the company’s next CEO and president, succeeding longtime leader Samuel Palmisano, who is retiring at the end of the year. As the new CEO, Rometty not only takes over one of the world’s largest and most important tech companies, but she…

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