There’s tremendous momentum in video conferencing right now, and I was sure Cisco was going to acquire either Polycom or Tandberg. Well, this morning, the news is that Cisco is acquiring Tandberg for $3 billion. This of course, puts Polycom in play in a big way, and the likelihood of HP acquiring them just went
The storage industry recently witnessed another bidding war between the top vendor EMC and the No.4 vendor, NetApp (NASDAQ:NTAP), over data de-duplication specialist Data Domain. NetApp had in May announced its plans to acquire Data Domain for $1.5 billion. EMC won the bidding warwith a $2.3 billion offer that is more than seven times Data
After Intel’s strong results this week, yesterday IBM (NYSE:IBM), the world’s leading computer services provider with annual revenue of $103.6 billion, reported a strong second quarter and also increased its 2009 earnings outlook. IBM has benefited from its strategic transformation towards Smarter Planet solutions, business analytics and cloud computing. Let’s take a closer look.
After a long wait, Adobe Systems Incorporated (NASDAQ:ADBE), the leading maker of creative applications with annual revenue of $3.58 billion, is releasing the Adobe Flash for mobile phones in October of this year. While the new Palm webOS, Symbian S60, Android, and Windows Mobile operating systems should benefit from this popular application becoming available on
Informatica (NASDAQ:INFA), the leading data integration enterprise, reported a very positive Q1 recently. Revenues of $109.1 million grew 5% over the year with EPS of $0.18 compared to $0.16 earned a year ago.
As the global recession continues to affect the sales of computers, leading computer manufacturer Dell (Nasdaq: DELL) with annual revenue of $61.1 billion yesterday reported 63% dip in its first quarter profit with PC sales declining 34%. Let us take a closer look.
MercadoLibre (NASDAQ:MELI), Latin America’s eCommerce leader, continues on its growth path despite the poor global economy. Recently announced Q1 revenues of $32.3 million were 12% higher than the previous year’s revenue. The company missed the Street’s expectations of $32.9 million. However, EPS of $0.12 exceeded the market’s expectations of $0.10 and represented growth of 140% over
We have been watching the BBC’s wonderful documentary, Planet Earth. The dangers facing the planet are many. One of them is water shortages. Water desalination technology leader Energy Recovery Inc (NASDAQ:ERII) had a mixed quarter. Q109 revenues grew 39% to $12.6 million to beat the market’s expectations of $12 million. EPS of $0.03 was in