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Wall Street Beat: Big tech deals stir market

The economic recovery is underway, but economists continue to urge caution As industry insiders attempt to gauge the impact of economic recovery on IT, acquisitions and legal deals among vendors including Intel, Advanced Micro Devices, Hewlett-Packard, ...

From MARC FERRANTI, NetworkWorld,  12 Nov 2009

Related Topics: Intel,  AMD,  Logitech,  Advanced Micro Devices, Inc.,  Hewlett-Packard

AMD, Intel settle antitrust, IP cases

IDG News Service - Intel and Advanced Micro Devices (AMD) on Thursday announced that they have settled all antitrust litigation and patent cross-license disputes between the companies. Under terms of the deal, Intel will pay AMD $1.25 billion, and has ...

From MARC FERRANTI, ComputerWorld,  12 Nov 2009

Related Topics: AMD,  Intel,  Advanced Micro Devices, Inc.,  Securities and Exchange Commission

HP to acquire 3Com for $2.7 billion

IDG News Service - Hewlett-Packard will acquire networking vendor 3Com in a deal valued at $2.7 billion, the companies announced Wednesday. The agreement, already approved by the HP and 3Com boards of directors, calls for HP to pay $7.90 per share in ...

From MARC FERRANTI, ComputerWorld,  11 Nov 2009

Related Topics: Hewlett-Packard

Ballmer headlines global Windows 7 launch events

IDG News Service - Microsoft CEO Steve Ballmer took the stage in New York today, playing the role of chief salesman in a day of worldwide launch events, executive speechmaking and sales promotions meant to persuade consumers and businesses to migrate ...

From MARC FERRANTI, ComputerWorld,  22 Oct 2009

Related Topics: Microsoft Corporation,  Steve Ballmer,  Best Buy,  Hewlett-Packard

Wall Street Beat: IT vendors see return to growth

IDG News Service - With quarterly IT sales results pouring in, vendors including IBM, Google, Advanced Micro Devices and Intel appear more confident than ever that the global recession's depressing effects on the tech market are lifting. Major U.S. ...

From MARC FERRANTI, ComputerWorld,  16 Oct 2009

Related Topics: IBM,  Google Inc.,  Advanced Micro Devices, Inc.,  Intel,  NASDAQ

Cisco to acquire Starent for $2.9 billion

Cisco looks to bolster its mobile infrastructure with the buy Aiming to expand its mobile Internet offerings, Cisco Systems will acquire Starent Networks for $2.9 billion, the companies announced Tuesday. Starent offers IP-based infrastructure ...

From MARC FERRANTI, NetworkWorld,  13 Oct 2009

Related Topics: Cisco Systems, Inc.

Brin, Schmidt eye further Google expansion

IDG News Service - Despite Google's phenomenal growth, the Internet search giant does not appear to be worried about taking on too many projects, judging from comments made at a media roundtable Wednesday with company cofounder Sergey Brin and CEO Eric ...

From MARC FERRANTI, ComputerWorld,  7 Oct 2009

Related Topics: Google Inc.,  Sergey Brin

Wall Street Beat: Red Hat, 3Com, PC sector boosts tech

Though stock indices faltered Thursday, IT news still fans hopes for recovery Macroeconomic concerns put pressure on stocks in all sectors this week, but acquisitions and financial news continued to stoke investor hopes for an imminent recovery from ...

From MARC FERRANTI, NetworkWorld,  24 Sep 2009

Related Topics: Red Hat, Inc.,  Thomson Reuters,  BMC Software, Inc.,  Gartner, Inc.

EBay reaches deal to sell Skype

IDG News Service - EBay Tuesday announced it has signed an agreement to sell its Skype voice-over-IP service to a group of private investors in a deal that values the business at US$2.75 billion. EBay said it expects to receive about $1.9 billion in ...

From MARC FERRANTI, ComputerWorld,  1 Sep 2009

Related Topics: Skype,  eBay Inc.

Intel raises sales forecast

IDG News Service - Fueling hopes that the hardware sector will bounce back from the recession in the second half of the year, Intel Corp. said today its expectations for third-quarter revenue are higher than its prior forecast due to ...

From MARC FERRANTI, ComputerWorld,  28 Aug 2009

Related Topics: Intel,  Gartner, Inc.,  Thomson Reuters,  Hewlett-Packard,  Dell, Inc.

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