Akamai Confirms the Rumors, Nabs Cotendo for $268 Million

Akamai confirms the rumors, and nabs Israeli content-distribution start-up Cotendo, apparently outbidding Juniper in the process.
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Oracle’s Lousy Quarter Takes Many Other Stocks Down

By missing its sales forecasts by nearly a half-billion dollars, Oracle shares are diving and taking many other enterprise IT stocks along for the ride.
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Voices

VMware Closes Under $40 for First Time Ever

Investors continued to shed VMware (VMW) shares today in the wake of yesterday’s firing of CEO Diane Greene and a reduction in the company’s 2008 outlook. The company, which went public August 13, 2007, at $29 a share, immediately went soaring higher, trading as high as $125.25 on an intra-day basis last Halloween.

VMW Agonistes

You wouldn’t know it from the company’s share price today, but VMware (NYSE: VMW), maker of virtualization software, reported a 150% increase in fourth-quarter profit and an 80% jump in sales to $412 million yesterday. Sadly, investors–presumably the same ones that slapped Apple around after its “best quarter ever”–took a pessimistic view of such growth [...]

HP Announces Pretexting Scandal 2.0

VMware Suffering From Xen-ophobia

Well, VMware’s definitely going to get a run for its money now. Not 24 hours after the virtualization leader’s spectacular public offering, Citrix Systems said it would purchase open-source server virtualization outfit XenSource for $500 million in cash and stock. Five hundred million dollars. Quite a sum–especially when XenSource is burning through $15 million a [...]