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  • U.S. Sues Oracle Alleging Software Contract Fraud

    WASHINGTON, July 29 (Reuters) – The U.S. Justice Department said on Thursday it sued Oracle Corp (NASDAQ:ORCL), alleging it defrauded the federal government on a software contract in effect from 1998 to 2006 that involved hundreds of millions of dollars in sales. The lawsuit alleged Oracle misrepresented its true commercial sales practices, ultimately leading to…

  • Ingram Micro Quarter Beats Estimates

    LOS ANGELES, July 29 (Reuters) – Ingram Micro Inc (NYSE:IM) reported higher-than-expected sales and profit on Thursday, but the company said it expects revenue in the current quarter to be flat sequentially. The world’s largest technology distributor reported a second-quarter net income of $67.7 million, or 41 cents per share, more than double the $25.3…

  • Dell Introduces Security Solutions Portfolio for SMBs

    Technology giant Dell has announced an expansive security solution portfolio for midsize businesses and organizations that integrates technology, products, security management tools and services in collaboration with Juniper Networks. As part of its comprehensive security solution, Dell and Juniper also unveiled plans to expand their agreement to develop additional SMB-focused Unified Threat Management (UTM) features…

  • Tech Company Buys The Top 15 Acquisitions of 2010 So Far

    Tech Company Buys The Top 15 Acquisitions of 2010 So Far Purchasing Company: AppleAcquisition Target: QuattroAnnounced: JanuaryPrice: $275 millionIs it a case of monkey-see, monkey-do? Apple bought mobile advertising company Quattro not long after Google’s big buy of AdMob in 2009. Many speculate it is a case of Jobs keeping up with the Brins and…

  • Lenovo Prices ThinkServer for Value

    The servers also offer The TD230 tower provides managed solution providers and businesses the flexibility and performance they need to outfit nearly any work environment. Customers can choose between direct connect or hot swap configurations, as well as among a variety of high performance and high capacity hard drives. Because towers are usually located under…

  • Cisco Names Sherriff North American Channel Chief

    Cisco has named Jim Sherriff as the head of the U.S. and Canada Partner Organization, which the networking and technology giant says is its largest theater of operation. The position was previously held by Wendy Bahr, who was moved to head up Cisco’s global and transformational partnerships earlier in July. Sherriff brings 30 years of…

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