A pact announced last year for Taiwan Semiconductor Manufacturing (TSMC) to go to work putting Intel Atom microprocessors into smartphones, mobile Internet devices and other gadgets looks to remain on hold for a while.
Extreme Networks has named Oscar Rodriguez, a 20-year industry veteran, as its new president and CEO. Rodriguez replaces CFO and acting President and CEO Bob Corey, who will continue as CFO.
Sluggish sales and hard-to-get loans may blight the business landscape, but cutting energy waste can bring a big payoff to a small company. To shave liabilities off your profit-and-loss statement, aim to slash your power consumption instead of your workforce or the crucial projects that could help your company expand.
Alcatel-Lucent's second-quarter revenue fell 2.4 percent year on year, dragged down by slow sales in fixed-line network equipment and terrestrial optical networks, but the company reduced costs, cutting its operating loss by two-thirds compared to a year earlier.
Samsung Electronics on Friday reported a record high operating profit and net profit for the second quarter, driven by strong sales of memory chips and LCDs, but it warned that stiff competition in consumer electronics means it may not be able to maintain profitability at current levels.
Graphics company Nvidia on Wednesday lowered its revenue expectations for the second quarter of its fiscal 2011, partly because of a shift toward lower-priced graphics processing units and integrated graphics.
IBM on Thursday said it had agreed to acquire data compression technology company Storwize for an undisclosed sum.
Nintendo reported a net loss for the April to June quarter as the strong Japanese yen and weak demand for its products hurt earnings.
Sony returned to profitability in the second quarter, helped by strong sales of key products, prompting it to raise its profit outlook for the full year on Thursday.
Oracle said Thursday that rival hardware vendors Dell and Hewlett-Packard intend to certify and resell its Solaris and Enterprise Linux operating systems as well as Oracle VM on their x86 servers.
SAP is sprucing up its NetWeaver portal with an upcoming add-on, Enterprise Workspaces, which will provide an iGoogle-like way for users to work with content.
Adobe Systems has agreed to buy Web software maker Day Software Holding in a deal worth US$240 million, the company said in a statement Wednesday.
CRM (customer relationship management) software has established a significant foothold on Google's Apps Marketplace since its launch in March, according to an official blog post this week.
SAP reported a 15 percent year-on-year rise in earnings for the second quarter, on revenue up 12 percent. It forecast that underlying revenue growth in its core business of software and software-related services will accelerate following completion of its acquisition of Sybase.
Roper Industries said Monday it plans to buy on-demand SCM (supply chain management) software vendor iTradeNetwork from private equity firm Accel-KKR for US$525 million. The transaction is expected to close later this week.