Recent Articles
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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…
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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…
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Symantec Honors High Performing Partners
Symantec Honors High Performing Partners No Title No Title No Title No Title No Title No Title No Title No Title
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HP-3Com Marriage a Boon for Partners?
Partners on both sides of the HP-3Com fence ruminating over how HP’s massive $2.7 billion acquisition of 3Com will affect their respective plays within the networking market needn’t worry too much—in fact, they should be excited over the possibilities for greater customer choice, according to executives with both companies who explained the motivations and value…
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HP Reports Q4 Revenue Higher than Expected
Strong growth in China drove Hewlett-Packard‘s revenue up sequentially for its fiscal fourth quarter. The technology giant announced revenue of $30.8 billion, down 8 percent from the previous year but up 12 percent sequentially. Earnings per share were 99 cents compared with 84 cents for the same period a year ago. HP announced the preliminary…
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HP to Acquire 3Com for $2.7B, Upping Ante Against Cisco
Looking to create a “networking industry powerhouse” and up the ante in its growing rivalry with Cisco, Hewlett-Packard (NYSE:HPQ) has announced it will acquire networking vendor 3Com (NASDAQ: COMS) in a stock deal estimated to be worth about $2.7 billion. HP says the acquisition of 3Com, a provider of network switching, routing and security solutions,…
