An affiliate of investment bank Goldman, Sachs & Co along with buyout firm Kohlberg Kravis Roberts & Co will acquire Siemens Nixdorf, a German provider of IT solutions and services for the retail and banking industries, for $800 million. The company will be renamed Wincor Nixdorf.
A new virus that appears in e-mail files with the subject line "Check this" creates links to adult Web sites, then searches through an infected system's address book and automatically sends the e-mail to those names. It isn't known how many PCs have been infected with the virus.
As companies scramble to launch e-commerce sites or link all aspects of their business through the Web, many are finding they don't have the skills or resources to keep up with technology changes or scalability demands.
Mazda Motor will outsource most of the development and operation of its information systems to IBM Japan in a deal worth about $US480 million over 10 years.
Companies that have finished year 2000 testing and remediation are now setting their sights on outsourcing, especially for internet and intranet management, according to a new report by Input, a market research firm.
Companies that have finished year 2000 (Y2K) testing and remediation are now setting their sights on outsourcing, especially for Internet and intranet management, according to a new report by Input, a market research firm in Mountain View, California.
Intel officials said it could take three weeks to find the root cause of and remedy for a bug in its Pentium III Xeon 550-MHz processor. The bug affects the performance of some eight-way servers, but observers said the problem won't affect many business users.
Less than half of corporate travel managers plan to discourage international travel between late December and early January, when Y2K glitches could disrupt plans or leave travellers stranded.
An Irish mathematician and his team have cracked the seventh and toughest encryption problem as part of a challenge by Canadian company Certicom Corp to prove that one type of encryption is tougher to break than another.
The hype created more than two years ago over thin-client technology may finally have some weight behind it.
IBM is taking aim at the internet service provider market with a pair of new thin servers to be available by month's end.
Silicon Graphics Inc.'s new CEO, Robert Bishop, said he will continue with the turnaround strategy laid out by former CEO and Chairman Richard Belluzzo, who unexpectedly resigned this week.
Silicon Graphics Inc.'s new chairman and CEO, Robert Bishop, said he'll continue with the turnaround strategy laid out by Richard Belluzzo, who abruptly resigned on Monday, leaving the company scrambling for a replacement.
The second-largest chemical firm in the US, Dow Chemical, may be the Goliath in its merger with No. 5 Union Carbide in a $US9 billion stock deal announced last week.
In a push to extend the list of software that's compatible with its enterprise storage systems, EMC is providing access to more of its application programming interfaces (API) -- for a price.