After more than three years of selloffs, the end of the Nortel bankruptcy saga is nearly in sight. Late Thursday, Nortel announced its second quarter fiscal 2012 financial results. The company also announced that as of the third quarter, it would no longer be reporting quarterly or yearly financial results. Though Nortel no longer has any operational business units, the company still reported a net loss in the second quarter of $131 million...
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NDS is now going to be absorbed into the Video and Collaboration Group at Cisco that is led by Marthin De Beer. The former CEO of NDS Dr. Abe Peled, is now the senior vice president and chief strategist for Cisco's Video and Collaboration Group. With the NDS technology in-hand Cisco now has a more robust end to end offering in the service provider video space...
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IBM is cautiously optimistic about its growth prospects for 2012. That's the word out of IBM's second quarter fiscal 2012 earnings call, after market close on Wednesday. For the quarter, IBM reported revenue of $25.8 billion for a three percent year-over-year decline. While revenue declined, Net Income rose by 6 percent on a yearly basis to $3...
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Last week, Red Hat decided to go the buy route, and acquired middleware player Fusesource for an undisclosed sum. In an interview with...
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For Red Hat's first quarter fiscal 2013, revenue was $314.7 million, a 19 percent year-over-year gain. The bulk of that revenue came from Red Hat's software subscriptions, which came in at $272.6 million, a 21 percent gain. Net Income was $35.7 million, or $0.19 per share, which is a gain over the $32...
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Red Hat made its CloudForms, Infrastructure-as-a-Service offering generally available this week. CloudForms was originally announced by Red Hat in May of 2011 as an Infrastructure-as-a-Service (IaaS) play...
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Dell reported first quarter fiscal 2013 revenue late Tuesday that didn't deliver. For the quarter, revenue was reported at $14.4 billion for a 4 percent year-over-year decline. Net Income also declined, coming in at $635 million, a 33 percent year-over-year decline. "There are a few key causes to the shortfall," Brian Gladden, CFO of Dell said during the company's earnings call...
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BYOD (Bring Your Own Device) isn't just media hype anymore, it's a reality in U.S. enterprises today. A new Cisco study of 600 IT professionals found that 95 percent of organizations now permit employee owned devices in their environments. While BYOD may add some additional complexity to a network in terms of security policy, 76 percent of the respondents said that BYOD is a positive move for their enterprises...
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Cisco reported third quarter fiscal 2012 earnings late Wednesday that were in line with expectations. Expectations for the future, however, aren't overly enthusiastic as customer conservatism begins to set in and macroeconomic concerns are slowing the sales cycle. Looking at market share growth specifically, Cisco's service provider business grew by five percent while [url=http://www...
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Herrod delivered a keynote at the Interop conference in Las Vegas last week about his company's vision for software-defined data centers. It's a model that enables different hardware and software solutions to fit together...
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LAS VEGAS. Allan Leinwand, CTO of Zynga is not the typical kind of CTO to take the keynote stage at the Interop networking conference. Instead of representing a networking vendor, Leinwand works for an application vendor that makes games...
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LAS VEGAS. Cisco CTO Padmasree Warrior took the keynote stage at the Interop conference today to detail where the world of networking has been and where it is going. It's a world where the network's value is about individual users. Warrior began by explaining that the first phase of the networks evolution was just about getting access...
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During the Apple's earnings call this week, Apple CEO Tim Cook was asked if he thought the tablet and traditional notebook computing markets would converge. Intel currently is ramping up its Ultrabook concept, which includes hybrid tablet and notebook designs. "You can converge a toaster and a refrigerator, but those things are probably not going to be pleasing to the user," Cook said...
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Intel reported its first quarter fiscal 2012 earning late Monday. Revenue was reported at $12.9 billion with Net Income coming in at $2.7 billion. Intel's PC Client Group delivered the lion's share of revenue at $8.5 billion with the Data Center Group coming in at $2.5 billion. A key target consumer [url=http://www...
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IBM reported first quarter fiscal 2012 earnings late Tuesday, stating revenue of $24.7 billion, a 1 percent year-over-year gain. Net income was $3.1 billion, up 9 percent from the first quarter of 2011. Looking ahead, IBM is more optimistic now about its 2012 prospects than it was at the beginning of the year, thanks largely to growth in its software business...
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As the server industry awaits the official release of Intel next generation E5 processors next week, server vendors are busy announcing their own platform refreshes. Last week it was HP with its Gen8 platform; this week it's Dell with the 12G server platform...
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As an IT security executive, your ability to effectively manage risk depends in large part on having an accurate operational viewpoint into the security posture of your organization's IT assets. But gathering actionable intelligence from a wide range of systems and platforms can be a complicated task...
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One of Salesforce's big wins in the fourth quarter was with HP, a company that has been undergoing a great deal of leadership and organizational change. Benioff noted that HP embarked on a transformation to become a more social enterprise, connecting employees, customers and partners using the Salesforce Sales Cloud, Service Cloud, Chatter and Force...
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HP is launching a new generation of server technology that is about more than just the underlying Intel chipset. Today, HP is unveiling Project Voyager, which is part of a multiyear $300 million plus investment to help redefine server economics. Project Voyager is being baked into HP Gen8 server platforms later this year, although HP is now talking about the underlying innovations in the platform...
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With Dreadnot, Rackspace engineers are able to push code into production faster than ever. Paul Querna, engineer on the Rackspace Cloud Monitoring team explained to...
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