IT News: Cisco Systems, Inc. (CSCO)’s Reputation, Hewlett-Packard Company (HPQ) & International Business Machines Corp. (IBM)’s Disclosure

Cisco Finalizes Composite Software Acquisition (DailyFinance)
Cisco Systems, Inc. (NASDAQ:CSCO) is now officially one asset larger. The company announced it has finalized the acquisition of once-privately held data visualization specialist Composite Software. Last month, Cisco Systems, Inc. (NASDAQ:CSCO) inked a deal to buy the firm for roughly $180 million in cash and retention-based incentives. Composite Software, currently headquartered in the near-Silicon Valley city of San Mateo, is to be folded into its new owner’s services platforms and integration brokerage technology units.

Hewlett Packard server shipments drops again (IVCPost)
In the latest quarterly report of Hewlett-Packard Company (NYSE:HPQ), server shipment shares from across the globe fell significantly. According to Gartner, a research firm which performed analysis on the company, the drop was significant enough to warrant further investigation. No clear culprit was pinpointed by Hewlett-Packard Company (NYSE:HPQ) for its massive loss. In recent market share reports, Hewlett-Packard Company (NYSE:HPQ)’s loss did not grant any competitor big increases, meaning that the company’s hold of the market was dispersed into all of its rival brands.

IDC Names IBM Number 1 in Application Management Services (eWeek)
IDC has named International Business Machines Corp. (NYSE:IBM) the global market share leader in application management services (AMS). IDC reported the ranking in its recently published study, “Worldwide and U.S. Application Management Services 2012 Vendor Shares: IDC’s Top 10 Vendors.” Since the inception of the report in 2007, International Business Machines Corp. (NYSE:IBM) has earned the No. 1 ranking in consolidated AMS market share. “Our clients are finding massive new possibilities in a world transformed by data and the technologies to exploit it for new competitive position,” said Colleen Arnold, senior vice president of Application Management Services for International Business Machines Corp. (NYSE:IBM) Global Business Services, in a statement.