IBM's Rometty nets $16.2 million in first year as CEO
IBM CEO Ginni Rometty earned a $16.2 million pay package in 2012, while her predecessor, Sam Palmisano, made more than double that for his role as chairman and senior adviser to IBM.
IBM CEO Ginni Rometty earned a $16.2 million pay package in 2012, while her predecessor, Sam Palmisano, made more than double that for his role as chairman and senior adviser to IBM.
Tripwire today said it had acquired nCircle for an undisclosed price, a deal that will meld together two longtime rivals in the security and vulnerability-management industry. Tripwire, which had been acquired by investment firm Thoma Bravo two years ago, said it expects to continue making more acquisitions to grow as a security company.
The total value of technology mergers and acquisitions (M&A) fell 35 per cent in 2012 compared to 2011 on concerns of sluggish macroeconomic conditions, but Cloud computing represented a bright spot, with software as a service (SaaS) companies specifically being a hot target for activity, according accounting firm Ernst & Young.
While some of the most successful consumer Internet companies are capturing the headlines today, more than 70 per cent of venture exits in the last two years valued at over $500 million have been in the enterprise sector.
Application delivery vendor Radware has bought Web acceleration provider Strangeloop for $8.4 million and will sell its products under a new name.
Juniper Networks has acquired the assets of Webscreen Systems, a developer of distributed denial-of-service (DDoS) mitigation products, from Accumuli of the United Kingdom.
Symantec has commenced with a massive reorganization, saying it will end the internal separation that's traditionally been made in security software development done in the Norton consumer division and its enterprise product lines. But that doesn't mean Symantec's Norton brand is going to disappear, according to Symantec CEO Steve Bennett.
Microsoft may be planning to invest between $1 billion and $3 billion as part of a leveraged buyout of Dell, according to a report this afternoon from CNBC.
Average salaries for tech pros climbed 5.3% to $85,619 last year, up from $81,327 in 2011. It's the largest salary jump in more than a decade, according to career site Dice.
AT&T on Tuesday said it has agreed to buy Alltel’s U.S. wireless operations, including licenses, network assets, retail stores and about 585,000 subscribers, for $780 million in cash. Technically, AT&T is buying the operation from the lesser known Atlantic Tele-Network, Inc. (ATNI).
CEOs are responsible for directing high-level strategy and ensuring growth and long-term viability. For those who run publicly traded companies, exceeding shareholder and market expectations is always top of mind. That is why sustainability -- the capacity to ensure business success in the present while preserving the ability to do the same in the future -- will be a primary focus for CEOs in 2013.
Brocade has named former Xsigo Systems CEO Lloyd Carney as its new top executive effective immediately.
Three former executives of bankrupt Nortel Networks were acquitted this week of falsifying financial reports in an accounting scandal that precipitated the company's eventual bankruptcy and demise.
Two big names in the OpenStack movement -- Dell and Intel -- have thrown money behind a consultancy that has carved a niche out helping users deploy the open source cloud platform.
IBM earned 6,478 utility patents last year, topping the list of patent winners for the 20th year in a row, according to data from IFI CLAIMS Patent Services. With its record haul, Big Blue bested its 2011 patent tally by 5%.