Cisco Systems, Inc. (CSCO)’s Joint Venture, Hewlett-Packard Company (HPQ)’s Enterprise Security & International Business Machines Corp. (IBM)’s Linux Development

Editor’s Note: Cisco Systems, Inc. (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corp. (NYSE:IBM), NVIDIA Corporation (NASDAQ:NVDA)

Nvidia Names Cisco Executive Kress as Finance Chief (Bloomberg)
NVIDIA Corporation (NASDAQ:NVDA), a maker of computer-graphics processors, named Cisco Systems, Inc. (NASDAQ:CSCO) executive Colette Kress as chief financial officer, filling a vacant post. Kress, 46, served for three years as vice president and chief financial officer for Cisco’s Business Technology and Operations Finance division, Santa Clara, California-based Nvidia said today in a statement. She had previously spent 13 years at Microsoft Corp., most recently as chief financial officer for the software maker’s Server and Tools business.

Cisco Systems, Inc. (NASDAQ:CSCO)

Cisco, EMC coalition supports Oracle, VDI (Network World)
VCE, the data center-focused joint venture formed by Cisco Systems, Inc. (NASDAQ:CSCO) and EMC/VMware, this week rolled out converged infrastructure systems designed to support the latest technology from the founding companies as well as specialized offerings for Oracle and Virtual Desktop Infrastructure (VDI) environments. VCE integrates server and switching from Cisco with storage from EMC and virtualization from VMware into converged IT platforms called Vblocks. Even though these companies individually are becoming more competitive in data center, cloud and IT markets, VCE boasts over $1 billion in annual revenue, 50% annual growth, and 600+ customers with 1,200 Vblocks deployed in less than five years.

HP’s security portfolio upgrade stems from bigger focus on real-time data (ZDNet)
Hewlett-Packard Company (NYSE:HPQ) is rolling out a number of upgrades and additions to its enterprise security portfolio while hoping to encourage BYOD strategies at the same time. But aside from HP’s new Security Risk and Controls Advisory Services for Mobility (essentially a strategy guide on managing personal devices in the workplace), most of HP’s latest updates focus on the infrastructure well in the background rather than any devices directly.

HP extends enterprise services to spot serious security breaches within minutes (
Hewlett-Packard Company (NYSE:HPQ) has unveiled a host of new enhanced enterprise security services and tools, which it claims will let enterprise-size businesses spot security breaches in 12 minutes. HP announced Supplier Security Compliance Solution and Distributed Denial of Service (DDoS) Protection Services, claiming they will let customers resolve 92 percent of major incidents within two hours of detection. The features fit into HP’s existing Managed Security Services (MSS) and Enterprise Services.

IBM hopes to Power cloud, analytics with $1 billion Linux investment (PC World)
International Business Machines Corp. (NYSE:IBM) will invest $1 billion to promote Linux development over the next five years as it tries to adapt Power mainframes and servers to handle cloud and big data applications in distributed computing environments. The investment, expected to be announced at the LinuxCon conference in New Orleans this week, will fund Linux application development programs for IBM’s Power servers and also be used to expand a cloud service where developers can write and test applications for Power servers before deployment. The investment will also facilitate software development around International Business Machines Corp. (NYSE:IBM)’s new Power8 chips, which will go into servers next year.

Cramer’s stocks to watch: Cisco Systems (CNBC)

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