Thursday - June 4, 2009
Intel said Thursday it will buy software maker Wind River Systems for $884 million in an all-cash deal that will help the world's largest computer chipmaker expand beyond the PC market. Intel said the purchase will benefit its processor and software offerings for embedded systems and mobile devices, which run the gamut from smartphones to networking equipment. Though the recession has hurt demand for PCs in general, there has been growing demand for products containing the company's lower-powered Atom processor.
[More...]
Monday - April 20, 2009
Oracle's announcement Monday that it is buying Sun Microsystems for $7.4 billion in cash has the potential to rock the hardware and software markets. Oracle expects the deal will boost its earnings considerably over the next few years. The two companies' technologies will likely mesh to make Oracle an even bigger powerhouse.
[More...]
Tuesday - November 11, 2008
Terra Soft Solutions, the developer of Yellow Dog Linux, has been acquired by the Japanese software firm Fixstars Corporation, a developer of Cell Broadband Engine solutions. The new company, now known as "Fixstars Solutions," is operating as a wholly owned subsidiary of Fixstars and will maintain its entire product line from a regional office in Loveland, Colo., where Terra Soft is based.
[More...]
Friday - August 1, 2008
Sun Microsystems continues to struggle. The Santa Clara, Calif.-based server maker reported that earnings in the quarter ended June 30 fell nearly 74 percent to $88 million, compared with earnings of $329 million during the same period a year ago. Quarterly revenue fell 1.4 percent to $3.78 billion, down from $3.83 billion during the same period in 2007.
[More...]
Wednesday - June 25, 2008
Call it a Route 128 SOA date. Progress Software is buying Iona Technologies for a little more than $100 million in actual value, broadening Progress' service oriented architecture portfolio significantly and catapulting Progress into the open source software infrastructure arena.
[More...]
Friday - May 2, 2008
Sun Microsystems announced a $34 million loss in its fiscal third quarter as the company continued to repurchase its stock, reinvest cash in the business and pursue acquisitions and expansion in emerging markets. That's a steep drop from the $67 million the company made in the same quarter in 2007.
[More...]
Friday - March 28, 2008
Red Hat saw its stock move briskly higher Friday as investors digested a strong earnings performance and an optimistic outlook. The company posted record software license sales and issued guidance that topped Wall Street estimates for 2009. For its fourth quarter, Red Hat saw revenue of $141.5 million, a 27 percent increase over the year before.
[More...]
Friday - February 15, 2008
The SCO Group, a software technology and mobile services firm that focuses on Unix-based solutions -- but is perhaps best for its high-profile lawsuits against Novell and IBM -- has announced a $100 million cash infusion from Stephen Norris Capital Partners that promises to yank the small Utah-based company out of bankruptcy.
[More...]
Thursday - December 20, 2007
Open source software developers who were active in the late 1990s might find themselves yearning for those good old days, when venture capital flowed like wine at Napa Valley party. Maybe they forgot the hangover that settled in once the bubble burst. Open source software's fall from grace was dramatic and sobering, but it wasn't alone and it doesn't mean open source is a dead industry.
[More...]
Monday - December 17, 2007
One of the things you learn quickly when you work for a large company is how well executives can cover up failure. I think, to a large extent, that is what is happening with Linux. Folks are covering up its failure with rhetoric, and that is keeping it from growing to its potential. I'm an analyst, and particularly when we challenge popular views, folks want to know what is behind those views.
[More...]
See More Articles in Financial News Section >>
Headline Feeds
Get Business and Technology News Alerts
