Recent Articles
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Microsoft Patch Tuesday Includes Windows, Internet Explorer Fixes
Dec 14 (Reuters) – Microsoft Corp (NASDAQ:MSFT) issued one of its biggest-ever security fixes on Tuesday, including repairs to its ubiquitous Windows operating system and Internet Explorer browser for flaws that could let hackers take control of a PC. Microsoft said on Tuesday that two of the new patches — software updates that write over…
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Symantec Board Facing Activist Shareholders
BOSTON, Dec 14 (Reuters) – Symantec Corp’s (NASDAQ:SYMC) lead independent director said that the world’s biggest maker of anti-virus software is "under attack" by activist shareholders critical of a big acquisition the company made in 2005. The comment suggests that there is tension between the company’s board of directors and a group of activist shareholders…
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Dell to Buy Storage Vendor Compellent Technologies
Dell has entered into a definitive agreement to buy virtualized enterprise storage solution vendor Compellent Technologies for $960 million, the companies announced Monday. Dell will incorporate Compellent’s storage products, including its Compellent Storage Center SAN, into its storage portfolio along with PowerVault, EqualLogic and Dell/EMC products. "Compellent is a natural complement to Dell’s expanding enterprise…
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Cisco to Face Competitive Threats from Wi-Fi Suppliers: Report
In a report from ABI Research, Wi-Fi penetration in US commercial establishments employing more than five people is forecast to grow to 45 percent by the end of 2010. The report found establishment penetration is greatest among large businesses, but over the last two years, penetration growth has been highest in the small to medium-size…
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Cisco CEO Expects Market Share Gains
Dec 9 (Reuters) – Cisco Systems Inc (NASDAQ:CSCO) Chief Executive John Chambers said the network equipment maker would likely gain share in the overall market, including the public sector, where it suffered a fall in orders last quarter. "I’d be surprised if, in the public sector and the market as a whole, our share as…
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Dell Offers to Buy Compellent to Grow Storage Business
Dell and Compellent Technologies are in "advanced discussions" about a potential merger, the companies confirmed on Dec 9. BREAKING: Dell and Compellent have reached an acquisition agreement. Full story here. Even though the negotiations are still ongoing, the announcement said Dell will acquire all outstanding Compellent stock at $27.50 per share. The all-cash deal would…