Recent Articles
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HP Acquires Security Software Maker, Fortify Software
(Reuters) – Hewlett-Packard Co (NYSE:HPQ) said it would buy Fortify Software, a privately held security software maker based in San Mateo, California for an undisclosed sum. Fortify’s technology will allow HP to offer software that helps organizations reduce business risk, meet compliance regulations and protect against malicious application attacks. After the deal closes, HP will…
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Ubicom Announces DDR3 and USB 3.0 Network Processors
Networking and multimedia processor solutions specialist Ubicom announced the introduction of its IP8100 family of network processors. The processors are targeted toward solutions for consumer, SOHO and small to medium-size business (SMB) applications for both retail and service provider deployments. The IP8100 processors provide routing, security and advanced services. The multiprocessing solution allows line rate…
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Apple Kickback Scandal: Manager Accused of Taking More than $1M
CHICAGO Aug 14 (Reuters) – A manager at technology company Apple Inc (NASDAQ:AAPL) has been indicted by a federal grand jury in California on charges including taking kickbacks, wire fraud and money laundering, according to court documents. Paul Shin Devine, a global supply manager at Apple, is accused of accepting more than $1 million in…
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Dell to Acquire Virtualized Storage Specialist 3PAR
Dell has signed an agreement to acquire 3PAR, a provider of virtualized storage solutions with data management features, including dynamic tiering and thin provisioning, for multitenant cloud-computing environments. The transaction is valued at approximately $1.15 billion, net of 3PAR’s cash. The board of directors of each company approved terms of the acquisition, a company release…