Topic: IBM Corporation
IBM begins Power server upgrade to battle HP, Sun
Reuters US Online Report Technology News
NEW YORK (Reuters) - IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Sun Microsystems Inc. International Business Machines Corp said on Monday its new POWER7 system, including new microprocessors, storage and middleware ...
Cisco trounces estimates, sees strong recovery
Reuters US Online Report Business News
NEW YORK (Reuters) - Cisco Systems Inc's <CSCO.O> quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading CEO John Chambers to declare a very strong recovery. Shares in the leading network equipment maker rose 4 percent ...
IBM to buy software maker Initiate Systems
AP News
IBM to buy Initiate Systems for software aimed at speeding medical records sharingIBM Corp. said Wednesday it will acquire Initiate Systems, a company that makes software for sharing data among health care and government organizations. IBM did not say how much it will pay for the privately held company, which ...
Cisco set for first quarterly sales growth in year
Reuters US Online Report Business News
NEW YORK (Reuters) - Cisco Systems Inc <CSCO.O> is expected to post its first quarterly revenue growth in more than a year when it reports results, as customers more confident about the economy upgrade their networks. While stronger-than-expected results could provide a jolt to the stock, which has ...
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