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Tech Mahinda, an Indian outsourcing firm 31% owned by BT, has won the auction for 51% of the scandal-rocked Satyam Computer Services for a mere $580 million, not much for a company that was valued at $7 billion a year ago. Tech Mahinda offered $1.16 (58 rupees) a share, a 23% premium; ...Apr. 14, 2009 11:00 AM EDT Reads: 3,084
SAP and IBM have been showing off the live migration of SAP applications across remote IBM Power6 systems via the cloud, a bit of widgetry developed at IBM'S Research Lab in Haifa as part of the European Union-funded RESERVOIR cloud computing project. When workloads change, the technol...
The racks and racks and racks of commodity servers that make the Web 2.0 world and now the cloud possible are really lousy at it. They're slow, underutilized, don't scale worth a hoot, eat power and space, and now they're multi-core. They need extensive data partitioning, application-l...
IBM has got some cloud-based software that it will host on its own data centers that it calls a survival mechanism in this economy. Formally known as LotusLive Engage, it’s promising to be out by April 7. It includes integrated web-based file sharing, contact management, online meeting...
Rackable Systems, the large-scale server wannabe, said Wednesday that it's buying the now bankrupt SGI for roughly $25 million in cash plus the assumption of certain liabilities. The once-great SGI closed at 41 cents a share Tuesday with a market cap of $4.78 million.
Salesforce.com's cloud computing model provides many benefits to enterprises globally requiring only moderate operating expense and offering a pay-as-you-go, elastic model that can scale with a business' changing needs. Based on salesforce.com's real-time, multi-tenant architecture, Sa...
The three finance guys were arrested over the weekend. The company's founder, his brother, Satyam's ex-managing director Rama Raju and the company's ex-CFO Srinivas Vadlamani were arrested in January when the long-running scheme finally unraveled. They have remained in jail.
Microsoft and IBM, estranged over IBM’s high-handedness in dictating a seemingly innocuous Cloud Manifesto that’s read as Big Blue’s attempt to stamp itself the ultimate leader of the cloud movement met Monday and parlayed at the Cloud Computing Expo in New York.
The Wall Street Journal, flourishing its unidentified sources, said Thursday afternoon that the price IBM is willing to pay for Sun had drop from between $10 and $11 a share to between $9 and $10 and that Sun is willing to accept the cut - yeah, like it wouldn't - provided IBM gives it...
Microsoft and IBM, estranged over IBM's high-handedness in dictating a seemingly innocuous Cloud Manifesto that's read as Big Blue's attempt to stamp itself the ultimate leader of the cloud movement met Monday and parlayed at the Cloud Computing Expo in New York. Tuesday morning they r...
In the end, it’s all about money – how much do you spend for just maintaining the status quo, and how much on supporting truly differentiating business initiatives. This drives an imperative for dynamic infrastructures, increasing resource utilization and reducing labor costs, and for ...
HP has come up with widgetry such as its so-called Sea of Sensors, 32 observations posts that track thermal activity and adjust fans, memory and I/O for cooling and efficiency. Users can also pick from four power supplies to match their workload, a technique that promises 92% or better...
Sun has been in a holding pattern since the dot com implosion. And, while Sun positioned themselves as "the dot in the dot com", that was the last innovation we have seen come from Sun. Sun, while it once had very competitive hardware, had no idea how to productize and implement effect...
Drawing on IBM's experience of working with customers and operating 13 cloud centers worldwide, Dr Kristof Kloeckner, CTO of Enterprise Initiatives and VP of Cloud Computing Platforms, IBM Software Group, will review the conditions under which cloud computing can deliver its promise of...
IBM is reportedly transferring U.S. jobs in its global services unit to India. The Wall Street Journal said Wednesday morning that the company was expected to tell what the paper could only call "a large number" of American workers that their jobs were either being eliminated or sent t...
Goldman Sachs expects Cisco’s advance into servers to have no impact on HP or IBM in the intermediate term. The broker reckons Cisco’s ramp will be slow and user trials of its high-end systems long. It also figures that the fact that its server seems to be compatible only with its own ...
Michael Dell claimed Tuesday that simply the talk of a Sun-IBM tie-up is an "enormous opportunity" for Dell servers since it creates an air of uncertainty around the future of Sun's Solaris-based boxes and accelerates the move to x86 Linux machines. According to reports Dell's CEO said...
The folks at the Wall Street Journal who brought us tales of IBM buying Sun for $6.5 billion-$8 billion last week were saying by Friday that due diligence was holding up any announcement. The paper seemed to think that IBM lawyers were paying particular attention to Sun's many differen...
IBM announced that American Occupational Network (AON) and HyGen Pharmaceuticals are improving patient care by digitizing health records and streamlining their business operations using cloud-based software from IBM Business Partners MedTrak Systems and The System House. By accessing t...
VMware CEO Paul Maritz and former SGI senior VP Beau Vrolyk are angel investors in the San Mateo, California start-up Apture, where Vrolyk is executive chairman. They were part of Apture’s first venture round worth $4.1 million led by Clearstone Venture Partners. Apture, which is a way...
When Wall Street Journal writes, they have their reasons. A couple of days ago they wrote that IBM wants to buy Sun Microsystems for $6.5B.
To me, this is sad news. People will be laid off and some software will cease to exist.
In a deal that would significantly bolster IBM's position as the world's largest server maker, the Wall Street Journal is reporting this morning that IBM is willing to pay $6.5BN in cash to acquire Sun Microsystems.
Cisco CEO John Chambers Monday became the latest in a long line of visionaries to come down from the mountain top with an architectural roadmap to the Promised Land at an exploitable industry inflection point. If the purportedly game-changing next-generation platform scheme succeeds, C...
Brad Brech, Chief Distinguished Engineer in Systems and Technology Systems Software for IBM, will be presenting at SYS-CON's 5th International Virtualization Conference & Expo in New York City this coming March 30-April 1, 2009. Virtualization is a key technology to the Energy Efficie...
CEO John Chambers and "senior executives from several market leading partners" are supposed to wax eloquent on the "evolution of the data center" and Unified Computing, which, as we understand it, is a way of getting the blades to talk directly to the storage servers complements of Cis...
Join the live Webcast for an exclusive look at IBM's latest innovations from IBM System x and BladeCenter. IT professionals in small and medium businesses, branch offices, and large enterprises will benefit by adopting IBM System x and BladeCenter's next generation hardware portfolio. ...
IBM has secured the exciting Venetian Resort Hotel and Casino for Impact 2009. You can arrange your accommodations on line as part of the registration process. Please be advised that conference hotel accommodation is limited and will be on a first-come, first-served basis. All conferen...
According to the Wall Street blog, The Motley Fool, both IBM and Oracle have been among the flock of 50-odd companies that have responded to the possible sale of Indian consulting/outsourcing biggie Satyam Computer Services, whose founder and subsequently ex-CEO Ramalinga Raju, now in ...
The Justice Department is investigating storage biggie EMC, the parent company of virtualization leader VMware, for kickbacks and overcharging on government contracts. According to the Wall Street Journal, NetApp, an EMC rival, is expected to pay $128 million for overbilling the govern...
Cenzic announced a patent cross-license agreement with IBM that will allow both companies to seek new business opportunities in the area of Web application security assessment. "IBM is committed to a strategy of licensing its intellectual property to foster innovation and enable collab...
IBM announced several new services and products to help clients build more dynamic infrastructures that will bring more intelligence, automation, integration, and efficiencies to the digital and physical worlds. As a result, it will enable businesses and governments to better respond t...
IBM is going build a supercomputer more powerful than ever built before for the Energy Department’s National Nuclear Security Administration. Worthy of its name, Sequoia will be based on future IBM BlueGene technology and exceed 20 petaflops. IBM says Sequoia will include 1.6 million I...
Despite its record Q4 earnings, up 12%, and upbeat guidance, IBM quietly laid off over 2,800 people in the US and Canada last week. The jobs affected include engineering positions in the company's highly profitable software unit and slots in its magisterial sales organization, even VPs...
Trend Micro has announced its next generation security solution for Lotus Domino Security that includes native 64-bit support. ScanMail for Lotus Domino offers malware protection for Lotus Domino environments. The comprehensive ScanMail Suite also provides anti-spam and content filteri...
IBM said Thursday that its Lotus Notes licenses were up five million to 145 million, “including purchases by many industry leaders exchanging Microsoft licenses for Lotus collaboration software.” It cited Minolta, Toshiba, Bank of New York Mellon, Banco do Brazil, Hitachi, Belgium’s Mi...
Despite its schizophrenic attitude toward patents, it got 4,186 US patents last year, making it the first company ever to earn more than 4,000 American patents in a single year, nearly triple the number Hewlett-Packard got and more than Microsoft, HP, Oracle, Apple, EMC, Accenture and ...
Quest Software announced the launch of Coexistence Manager for Notes, the newest addition to its set of migration solutions. This solution allows organizations to utilize both IBM Lotus Notes and Microsoft Exchange Server simultaneously while either migrating from Notes to Exchange or ...
