Editor’s Note: Cisco Systems, Inc. (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corp. (NYSE:IBM)
Cisco buys Whiptail for $415 million amid solid-state storage run (ZDNet)
Cisco on Tuesday said it will acquire Whiptail, a solid state memory system company, for $415 million. Cisco plans to integrate Whiptail’s solid state memory technology into its unified computing system (UCS) products. Under the terms of the deal, Cisco Systems, Inc. (NASDAQ:CSCO) pays $415 million in cash and retention-based incentives for Whiptail. The deal is expected to close in Cisco’s first quarter. Cisco’s acquisition highlights the run on solid-state storage companies. On Monday, Western Digital scooped up Virident for $685 million.
HP launches big data analytics platform HAVEn (The Hindu)
Aiming to expand its big data analytics portfolio, Hewlett-Packard Company (NYSE:HPQ) on Tuesday launched the platform ‘HAVEn’, designed to enable organisations to gain better insight into their data and deliver real-time outcomes. “HAVEn, is a big data analytics platform, which leverages HP’s analytics software, hardware and services to create the next generation of big data-ready analytics applications and solutions,” Hewlett-Packard Company (NYSE:HPQ) Software & Solutions Country Director Amit Chatterjee told reporters at the launch event in Bangalore. Without disclosing any number, he said “big data market in India is currently $200 million and is expected to reach $1 billion by 2015.”
IBM follows Cisco in partnering with Continental to build networked car technology (Network World)
International Business Machines Corp. (NYSE:IBM) this week signed up with Continental – Europe’s second largest car parts company – to jointly develop automated automobile technology. Continental recently partnered with Cisco Systems, Inc. (NASDAQ:CSCO) to develop Internet connectivity related gear for autos. The company in July showed off a proof-of-concept car that demonstrated a car supporting Cisco software could switch between 3G, 4G and other wireless networks based on cost and quality of service preferences as it drove through a city. In the International Business Machines Corp. (NYSE:IBM)/Continental agreement the companies said they would look to develop a variety of technologies that would automate many different auto tasks.
Cisco takes aim at security services with new division (Network World)
Cisco Systems, Inc. (NASDAQ:CSCO) today said it would add a security arm to its existing services division with an eye toward pushing its support of its security products as well as offering a range of managed security services. Bryan Palma, the senior vice president and general manager of the newly-created Services Security Practice, said Cisco plans to offer new types of managed security services based on Cisco Systems, Inc. (NASDAQ:CSCO) security products, though he did not provide detail on what that might be specifically and how it would be done.
HP Helps Organizations Meet Government Compliance Requirements (Scientific Computing)
Hewlett-Packard Company (NYSE:HPQ) announced HP Data Privacy Services, a comprehensive suite of IT services that protect and manage sensitive data while helping to reduce risk, improve life cycle data management, and manage compliance with new and existing federal regulatory requirements. Healthcare and consumer financial information organizations are concerned with security threats that increase the risk of unauthorized access to personal data, or jeopardize the integrity of this information. Organizations must also meet strict compliance requirements for global data security laws and regulations with heightened enforcement and increased penalties.
IBM & TW setting a health care trend? (CNBC.com)
