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Recent Posts In Enterprise
Hewlett-Packard Scores a Second Quarter Beat; 27,000 Jobs To Be Cut
Good news first. Then come the job cuts.
Voices
Lenovo’s Quarterly Net Climbs 59 Percent
Lenovo Group Ltd. bucked the tough times in the personal-computer business with a 59 percent rise in fiscal fourth-quarter net profit, and the company said it expects profitability to improve as it increases its efforts in consumer gadgets such as smartphones.Seagate to Acquire Consumer Hard Drive Maker LaCie
The deal would give Seagate access to LaCie’s retail and distribution footprint, and also control of a brand favored by Mac users.
News Byte
Oracle Buys Social Media and Customer Engagement Player Vitrue
Oracle said today that it will acquire Vitrue, a privately held social media engagement platform company, based in Atlanta. The company manages more than 1.3 billion social interactions across more than 500 brands. Its customers include McDonald’s, NBC, Yahoo and Ikea. Financial terms are not being disclosed, but a report on TechCrunch has pegged the price at $300 million.HP’s Whitman to Shed More Light on the Future, Including Job Cuts, Today
Expect earnings in line with expectations, but also some details about job cuts to come.
Another Big Miss for Dell’s Outlook; Shares Tank
Despite promising a transformation toward more profitable enterprise-centric businesses, Dell is having a hard time showing any progress.
SAP Enhances Its Cloud by Acquiring Ariba for $4.3 Billion
The deal is SAP’s second of similar size in recent memory. The first one unleashed a series a deals by rivals Oracle and Salesforce.com.
Vidyo Boosts Series D With Investment From Juniper Networks
The networking concern takes a strategic investment. One provision of the deal: Vidyo gets integrated with Juniper gear.
Seven Questions About Security for Rapid7 CEO Mike Tuchen
It turns out there’s a big business in asking the most basic questions about IT security: What do I have? And how vulnerable is it?
