IBM completes Trusteer acquisition for $630m (Globes)
International Business Machines Corp. (NYSE:IBM) today completed its acquisition of information security and fraud solutions developer Trusteer Ltd., barely three weeks after announcing the acquisition on August 15. The companies did not disclose the terms of the acquisition, but it was reportedly for $630 million.
IBM to set up business analytics lab (The Times of India)
IT major International Business Machines Corp. (NYSE:IBM) and Gitam School of International Business (GSIB), Visakhapatnam, signed a Memorandum of Understanding (MoU) to help students enhance their skills in the areas of managerial decision making and strategy with the help of the career education for business transformation (CEBT) programme.
Cisco CTO Criticises Software-Only SDN (Tech Week Europe)
VMware’s introduction on 26 August of its NSX network virtualisation platform ignited another round of speculation over whether the partnership between the company and networking giant Cisco Systems, Inc. (NASDAQ:CSCO) was fraying as the vendors compete in new markets. VMware’s software-based offering – a combination of its own technology and that acquired last year when company bought software-defined networking (SDN) startup Nicira – came with a healthy list of support from such partners as Dell, Hewlett-Packard Company (NYSE:HPQ), Juniper Networks, Brocade and Arista Networks.
HP may cooperate with Flextronics in the Brazil notebook market (Digitimes)
Hewlett-Packard Company (NYSE:HPQ) is reportedly considering cooperating with Flextronics for product manufacturing for the Brazil market, as the US-based vendor is said to be adopting a new business strategy for emerging markets and will find manufacturers with local facilities to produce products for them in order to have more flexibility, according to sources from the upstream supply chain. Currently, HP has its global purchasing department handle all of its product planning and R&D, and then starts the request for quotation (RFQ) process for ODMs to bid on product orders. After shipments are ready, HP’s branches worldwide then confirm with headquarters for the product models and shipment volumes they need. However, such a process has always created a disagreement between headquarters and the branches, as some of product features may not match demand needs from local costumers.
3 charts that show how HP, Microsoft, and Dell are losing the tech war (Pando Daily)
A day in the life of an average tech consumer in the late 90s might go something like this: Power up your Dell or Hewlett-Packard Company (NYSE:HPQ) computer with the Alienware stickers on it, then wait five minutes while your computer tower, powered by state of the art Intel chips, blinks and buzzes with mysterious anticipation until a blue, cloud-peppered sky opens up, a short orchestral interlude fills your den, and your journey is finally complete: You’re ready to do all the Minesweeping and AIM-chatting that Windows 98 has to offer.