Computer industry
IBM has announced new packages designed to help businesses of all sizes consolidate, secure, preserve, and share critical data more easily. This announcement marks one year since IBM launched its SAN initiative at PC Expo, demonstrating the company's focus on the growing market opportunity. IBM is delivering a
Computer industry
RadiSys Corp. has successfully completed its acquisition of assets from International Business Machines (IBM) Corporation, specifically the Open Computing Platform (OCP) operation, for $13.9 million in cash. The assets comprise intellectual property, goodwill, and other related intangibles, as well as inventory, furniture, and fixtures. This strategic move positions RadiSys
Computer industry
The sale of personal computers in Latin America experienced a significant boost in the third quarter of 1999, with a 40% increase compared to the same period in 1998. This growth was predominantly fueled by a sustained demand from Mexico, where sales skyrocketed by 87%. Brazil and Argentina also saw
Microsoft Corp.
The US stock market experienced a sharp decline on Tuesday as long-term interest rates rose to 6 percent for the first time in over a year, following comments from two Federal Reserve officials suggesting a potential interest rate hike at the end of the month. This development comes amidst a
Microsoft Corp.
The historic relationship between Microsoft and IBM is set to take center stage at the ongoing Microsoft antitrust trial, with allegations of a vendetta orchestrated by Microsoft Chairman Bill Gates against IBM for refusing to dump its operating system in favor of Windows. Government prosecutors will present evidence of specific
Office equipment
Garry Norris, an IBM manager, has testified that Microsoft offered an alliance to IBM in exchange for sacrificing its OS/2 operating system in favor of Windows, a proposal that was rejected by IBM. Norris further claimed that Microsoft threatened IBM and other computer makers to pressure them into not
Office equipment industry
A massive insider trading case was sparked when an IBM secretary, Lorraine Cassano, shared confidential information with her husband, who then shared it with friends, acquaintances, and colleagues. Within hours, more than two dozen individuals had bought stock, expecting a massive profit from IBM's acquisition of Lotus Development
Office equipment
Industry leaders Cognos, IBM, and Microsoft have joined forces to provide a comprehensive business intelligence (BI) solution tailored for small- to medium-sized enterprises. This collaborative effort brings together cutting-edge technology from each company, combining the power of Cognos NovaView 2.0, IBM Netfinity Server, and Microsoft SQL Server 7.0.
Office equipment industry
A recent survey conducted by the Yankee Group in 1999 sheds light on the most frequent choices among small, entrepreneurial firms when it comes to purchasing networking equipment. The findings highlight the dominance of 3Com, Cisco, HP, and IBM in this market segment. According to the survey, 3Com was cited
International Business Machines Corp.
In recent developments across Ohio, several regional businesses have announced significant acquisitions, marketing alliances, and leadership appointments. Fifth Third Bancorp, a Cincinnati-based bank, has signed an agreement to acquire the Emerald Financial Corporation, parent of The Strongsville Savings Bank, while the NCR Corporation in Dayton has partnered with the Tennessee-based
Office equipment industry
Stock prices on the New York Stock Exchange closed lower across the board on February 25, with the Dow Jones industrial average closing down 33.33 points, or 0.3 percent, at 9,366.34. The session was marked by continued weakness in the bond market, which led to profit
Office equipment
Asian technology experienced a remarkable year in 1999, marked by rapid growth in e-commerce, innovative software developments, and advancements in computing capabilities. Electronic commerce in South Korea is expected to surge to $9.6 billion by 2003, while China's software market could reach up to 20 billion yuan
