French telecommunication equipment maker Alcatel reported revenue for the first quarter up 3.7 percent, but net income down 55 percent compared to a year earlier. Revenue from sales of mobile phone networks rose while that from fixed telecommunications networks declined. The company's enterprise networking revenue remained stable, it said Thursday.
Storage products announced at the recent CeBIT trade show in Germany spanned the range from the monster space of a Cisco Systems storage switch ready for multiterabyte arrays of data, down to a new half-height tape drive from Tandberg Data.
Storage products announced at the Cebit trade show in Germany, last week spanned the range from a Cisco Systems storage switch ready for multiterabyte arrays of data, down to a new half-height tape drive from Tandberg Data.
Cisco Systems introduced a new Storage Services Module (SSM) for its MDS 9000 SAN (storage area network) platform at the Cebit trade show.
French telecommunications equipment maker Alcatel will buy Native Networks, a U.K. metro Ethernet access equipment manufacturer, for US$55 million in cash, the companies announced Wednesday.
Indian IT services company, Wipro, reported a 60 per cent increase in net income for its third fiscal quarter, on revenue up 34 per cent compared to a year earlier.
Symantec will buy Veritas Software in an all-stock transaction, the companies announced Thursday. Based on Wednesday's closing stock prices, the deal values Veritas at around US$13.5 billion, they said.
One of the things about Hewlett-Packard (HP) that distresses its chief executive officer, Carly Fiorina, is its reputation as a hardware company.
The city of Paris intends to reduce its dependence on software suppliers with "de facto monopolies," but considers an immediate switch of its 17,000 desktops to open source software too costly, it said Wednesday.
Unisys plans to cut 1400 jobs, primarily in general and administrative areas, and consolidate its office space worldwide. The cuts represent 3.8 per cent of the company's staff of 37,000.
Two days after announcing that the head of its semiconductor business will leave the company, Philips Electronics lowered its forecast for the chip division's third-quarter sales.
Apple Computer will begin shipping its new iMac G5 desktop computer worldwide in mid-September, the company's top marketing executive said Tuesday.
Microsoft has turned to a Swiss telecommunication operator for the first commercial trial of its system that delivers television signals to consumers over a broadband telecommunications network.
EMC aims to make it easier for businesses to search unstructured information from multiple sources in multiple languages with a new software tool.
The Organization for Economic Cooperation and Development (OECD) is taking the fight against unsolicited commercial e-mail to Asia next month, where it will hold a meeting to discuss the priorities for its newly created task force on spam, it announced Thursday.
