Recent Articles
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Verizon Introduces Pay-as-You-Go Cloud Computing for Small Business
Communications giant Verizon announced it was looking to help businesses aiming to boost bandwidth, add more servers and turn up additional storage capacity to meet changing business needs with the company’s cloud computing offering, Computing as a Service, SMB. The solution, aimed at SMBs (small to medium-size businesses) joins Verizon’s CAAS (Computing as a Service)…
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IBM Targets HP, Oracle with Competitive Migration, Deferred Payments
IBM is turning up the heat on Oracle/Sun and HP, with a new financing program with special terms for customers who trade their Oracle/Sun and HP equipment to migrate to selected IBM equipment. IBM says it is offering attractive lease terms and no payments until 2011 for credit-qualified U.S. customers that trade in Oracle/Sun and…
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HP Acquires Security Specialist ArcSight
Technology giant Hewlett-Packard announced that it has signed a definitive agreement to acquire ArcSight, a security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion. HP said the acquisition of ArcSight will result in improved security, reduced risk and facilitated compliance at a lower cost for its customers. HP…
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Small Business Demand to Drive Intuit Gains
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…
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Technology Budgets Flat to Slightly Higher, Says Wipro
TIANJIN, China, Sept 13 (Reuters) – Wipro Ltd (WIPR) (NYSE:WIT), India’s No.3 software services exporter, said on Monday that customers remain cautious about technology spending, with budgets flat to slightly higher as they look for transformational projects. "Folks are cautious in the way that they’re spending," Martha Bejar, Wipro’s president of global sales and operations,…
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Nokia Smartphone Exec Resigns as New CEO Elop Joins
LONDON, Sept 13 (Reuters) – Anssi Vanjoki, the Nokia (NOK1V) executive in charge of smartphones and services, is resigning following the appointment of outsider Stephen Elop as CEO of the world’s biggest cellphone maker. Vanjoki, who joined Nokia in 1991 and has been head of Mobile Solutions since 2008, has a six-month notice period and…