March 2013 Network giant, Cisco reports latest quarterly report provided further evidence that spending on technology gear is rising modestly in most parts of the world, despite persisting concerns about a still-shaky economy. The earnings announced, covering the fiscal second quarter ending on Jan. 26, exceeded analyst projections for the world’s largest maker of computer […]
February 2013 Oracle said today that it has agreed to buy Acme Packet for $1.7 billion. Acme Packet sells voice and data products and services used across IP networks. Its customers range from telecommunications providers to large enterprises and include 90 of the world’s top 100 communications firms, according to Oracle. The addition of Acme […]
January 2013 Q4 at IBM was better than expected on both the bottom and top lines. IBM reported fourth quarter earnings of $5.8 billion, or $5.13 a share, on revenue of $29.3 billion, down 1 percent from a year ago. Non-GAAP earnings were $5.39 a share. Wall Street was expecting IBM to report fourth quarter […]
