Recent Articles
-
Putting the HP in HPC
While other segments of the IT industry have been suffering along with the economy, high-performance computing (HPC) has been relatively recession-proof says HP, which is making significant additions to its Extreme Scale-Out (ExSO) portfolio. These new offerings, including the HP ProLiant G6 blade, ‘skinless’ server technology, storage, software and interconnect/networking products, are intended to reduce…
-
IBM’s New Service Embraces Cloud Computing
(Reuters) – IBM launched a new cloud computing service on Monday, aiming to take on companies such as Amazon.com Inc, Google Inc, Microsoft Corp and Salesforce.com Inc. Cloud computing allows companies to run software and store information in remote, large-scale data centers that can be accessed over the Internet. That means users can cut back…
-
Symantec Urges Partners to Narrow Focus
While having leadership positions in multiple technology segments would seem like a good thing, it creates a problem for Symantec in that it’s increasingly difficult to succinctly classify Symantec as a whole. Is it a security company? Is it a storage company? Is an information lifecycle company? Is it a business process management company? The…
-
Cisco Increases Tandberg Video Conferencing Acquisition Offer
Cisco Systems has sweetened its offer to Tandberg shareholders in its continuing effort to acquire the video conferencing company. The new offer by Cisco is to purchase all outstanding shares of Tandberg for 170 Norwegian kroner per share for an aggregate purchase price of approximately $3.4 billion, Cisco said in a statement. Cisco’s original offer…
-
Intel to Ante Up $1.25 Billion to Settle Suits with AMD
(Reuters) – Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that can hasten the resolution of Intel’s antitrust troubles. AMD, whose shares jumped 22 percent, agreed to withdraw essentially all its regulatory complaints and litigation against Intel, ending a global campaign that…
-
AMD Expects Profitability in Year Ahead
(Reuters) – Advanced Micro Devices (AMD.N) said it expects to report profits next year from its chip design business, the backbone of a company trying rebuild market share and better compete with rival Intel Corp. (INTC.O). AMD executives spent much of a meeting with analysts and investors on Wednesday emphasizing the company’s efforts to remake…