Recent Articles
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FalconStor Reports Flat Revenues, Net Loss
FalconStor Software (NASDAQ: FALC) , a provider of disk-based data protection, announced slightly lower revenues for its first quarter—$21 million, compared with $21.8 million for the same period a year ago. FalconStor reported a net loss of $900,000, or 2 cents per share, compared with a net income of $1.3 million, or 3 cents…
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IT Security Vendor Websense Reports Higher Q1 Revenues
At a time when most companies are offering explanations for revenue declines and lowering guidance for the upcoming quarter, Websense ((NASDAQ: WBSN) offered the first positive technology story of the week. The provider of integrated Web, data and e-mail security solutions reported first-quarter revenue of $81 million, an increase of 21 percent from the first…
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Cablevision’s 101M-bps Broadband a Boon to Hosted Services
One of the biggest barriers to adopting hosted services has been bandwidth. Most businesses have had to pay through the nose to get the bandwidth needed to effectively use a hosted service, while others have found that the speeds needed are out of financial reach. Cablevision, in a roundabout way, is solving that problem for…
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Arrow, Citrix Report Lower Profits
Electronics and IT distributor Arrow Electronics (NYSE: ARW) and virtualization vendor Citrix Systems (NASDAQ: CTXS) both posted double-digit declines in net income Tuesday. Citrix did better than analysts’ expectations, while Arrow did worse. Arrow Electronics (NYSE: ARW) reported a decline of 70 percent in net income year over year. First-quarter 2009 net income was $26.7…
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Dell Likely to Enter the Mobile Smartphone Business
Dell is likely to introduce a smartphone device in the next six months, attracted to the form factor by high margins, falling sales of laptop and desktop computers, and the potential of mobile Internet devices. That prediction from Bernstein Research is no surprise, given Gartner’s bleak assessment for PC sales in 2009, showing them declining…
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IBM Goes Up Against Cisco, Resells Brocade Switches and Routers
IBM will begin selling Brocade routers and switches to enterprise customers under its own brand through a new OEM agreement between the two companies. Under the agreement, IBM will sell the Brocade NetIron MLX Series routers as the IBM m-Series, the Brocade NetIron CES 2000 Series switches as the IBM c-Series, the Brocade FastIron SX…