Recent Articles
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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…
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What Motorola’s Spin Off Will Mean to Partners
With recent quarterly earnings beating almost all expectations, Motorola is making a name for itself as the “comeback kid.” The company surpassed its Q2 shipment numbers, and is planning for a successful handoff of its network business and a complete restructuring to occur in Q1 2011. All solid proof that momentum is growing, and putting…
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Technology Buy Decisions Moving to End Users
Could VARs be soon marketing their wares directly to the end users instead of company buyers? According to a new poll out this week by Unisys Corp., perhaps so. The poll found that the majority of today’s information workers so value the innovative technology they use for work that they’d be willing to pull out…
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CA Technologies Acquires Virtualization Specialist 4Base
As part of its continued investment in virtualization and cloud management, CA Technologies announced the acquisition of privately held 4Base Technology, a virtualization and cloud infrastructure consulting firm. Terms of the transaction were not disclosed. 4Base will become the CA Virtualization and Cloud Strategy group, a competency practice within the CA Services division, according to…
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Avnet Quarter Strong, CEO Talks Tech Refresh
IT and electronics distributor Avnet saw a 38.5 percent spike in fourth quarter revenue year over year as buyers returned following a deep recession in 2009. Avnet reported Q4 sales of $5.2 billion compared to $3.8 billion for the same period a year ago. Net income came in at $141 million compared to a net…