Recent Articles
-
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…
-
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,…
-
HD Video Conferencing Heats Up as Logitech Buys LifeSize
Hours after video conferencing vendor Tandberg’s (OSL:TAA) shareholders failed to approve a proposed deal to be acquired by networking giant Cisco (NASDAQ:CSCO), Logitech International (NASDAQ:LOGI) announced plans to acquire privately held video conferencing vendor LifeSize Communications. LifeSize offers high-definition video conferencing solutions for the budget-minded, with solutions priced at less than $10,000 and offered through…
-
Tandberg Shareholders Snub Cisco Offer
By Joergen Frich and Richard Solem OSLO (Reuters) – Cisco Systems (CSCO.O) said investors holding 9.37 percent of Tandberg’s (TAA.OL) shares had accepted the tender offer by the largest U.S. network equipment maker for the Norwegian videoconferencing company. Cisco said on November 9 it would extend its 17.2 billion Norwegian crown ($3.1 billion) offer to…
-
Solution Providers Call VMware View 4 Disruptive, Game-Changing
Solution providers are viewing the release of VMware View 4 as a game-changing disruptive technology that could revolutionize how IT infrastructure is deployed today. That’s because the technology, announced this week by VMware, delivers a virtualized PC over IP to the client side, simplifying IT management and disaster recovery in addition to significantly reducing costs.…
-
Microsoft Lifts Covers on Exchange 2010
At its TechEd Europe event in Berlin today, Microsoft officially released Exchange Server 2010, touting it as the first server in the Redmond portfolio developed from the ground up for both traditional on-premise and cloud-computing use cases. In his keynote, Microsoft Business Division President Stephen Elop, who oversees Exchange as well as information worker technologies…