Posts tagged “PC industry”
Gerry Smith, who runs the Americas Group for Lenovo and will oversee the merged IBM-Lenovo System X business unit when the deal closes Wednesday, threw down a proverbial gauntlet to competitors on Monday. "The FUD spread by our competitors is over," he declares. Lenovo defied critics in buying IBM's PC business in 2005 and will do so again in servers, he promises.
Lenovo Chairman and CEO Yang Yuanqing spells out an aggressive strategy to make the company No. 1 in the global server market once the $2.1 billion deal for IBM's x86 business closes on Wednesday. Yang aims for $5 billion in revenue and profitability in one year for the newly branded "Systems X" business.
Lenovo Chairman and CEO Yang Yuanqing says the $2.1 billion acquisition of IBM's x86 server business will close on Wednesday. The deal means some 2,000 IBMers in the Triangle will become Lenovo employees. Lenovo reiterated its pledge to hire all Big Blue workers in the x86 business but also said a search for "efficiencies" would begin once the merger has closed and the Lenovo-IBM server businesses are combined.
Internet security experts are warning that a new programming flaw known as the "Bash Bug" may pose a serious threat to computers and other devices such as home Internet routers. Even the systems used to run factory floors and power plants could be affected. So, is it time to panic? Here are some common questions and answers about the latest security scare.
"There's a certain perception that Apple has to get things right, and when they don't, the whole company gets questioned," says Carolina Milanesi, chief of research at Kantar Worldpanel. "But they came out and said 'We apologize; we're working 24/7 to fix it.' I think that's what matters."
Remember the "Heartbleed" security scare earlier this year? Well, just in time for Halloween, an even bigger nightmare has surfaced - and it threatens the "Internet of Things" from cameras to networks, a security expert warns. Red Hat disclosed the "bash bug" on Wednesday.
With reports circulating that Lenovo and IBM could close that $2.3 billion x86 server deal as soon as next month, executives of the two companies on Thursday outlined post-closing strategy at an industry forum.
Wall Street analysts and journalists are having a field day with reports that EMC is looking for a merger partner. One analyst says a Cisco-EMC marriage makes sense with VMware as a wedding gift. EMC owns 80 percent of Vmware. Meanwhile, Forbes says an EMC-HP deal "would have been a disaster."
IBM is opening a huge data center at its RTP campus. According to an announcement made by Big Blue just after midnight, the so-called "cloud resiliency center" will cover some 72,000 square feet.
EMC, one of the largest manufacturers of data storage products which has a major presence in the Triangle area, is mulling merger and other options, according to The Wall Street Journal. A UK tech news site says a merger with HP with Meg Whitman leading the combined company is a possibility.
Analysts at Technology Business Research believe Oracle CEO Larry Ellison's decision to retire from that post and the changes in other executive roles will lead the software giant to "rethink how it operates."
HCL Technologies will add some 1,237 jobs at its operations in Cary after signing an agreement with the state of North Carolina to includes nearly $20 million in tax incentives and grant money.
Red Hat is acquiring Ireland-based FeedHenry in a deal worth some $82 million in cash. Feed Henry focuses on mobile enterprise application development. The deal enables Red Hat to move into the wireless space for enterprise and cloud applications.
Red Hat's $82 million acquisition of Ireland-based FeedHenry, which was announced early Thursday, enables the Hatters to accelerate its move into mobile computing, says Red Hat's Senior Vice President of Application Platform Business.
The acquisition of Eucalyptus closes a gap in hybrid cloud and expands HP's reach against a $7 billion-and-growing hybrid cloud integration market, according to analysis by Technology Business Research.
Tech news sites ZDnet and CRN say Brian Stevens, who quit as chief technology officer at Red Hat, will play a key role in his new job at Google in the Internet giant's "cloud computing" push. Red Hat is banking a good part of its future on the cloud, too.
Apple unveiled its long-anticipated smartwatch Tuesday, introducing a device that transplants the features of an iPhone onto a smaller screen that's never more than an arm's length away. "It is amazing what you can do from your wrist," CEO Tim Cook says.
Former Triangle entrepreneur Vivek Wadhwa, a U.S. citizen born in India, has fought for gender and cultural equality in the technology industry, over the past two decades. He takes his battle to a new level today with the release of a new book, "Innovating Women." And his second book is already receiving critical praise. A humbled Wadhwa is thankful for the support he is receiving, but his 'fury" over discrimination remains.