3rd March 2010 Archive

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Hedge fund offers $1bn for Novell

Private parts

Well, here's another potential acquisition that might slip through IBM's hands. New York-based hedge fund Elliott Associates sent a letter to the board of directors of Novell today after the market closed, offering the company $5.75 per share to take the company private. As Wall Street closed on Tuesday, Novell's shares ended …

Software & Security 3 Mar 03:11
Cray to super engineer Microsoft clouds

Azure turns to green

Supercomputer maker Cray has said it's going to be a thin couple of quarters until it begins shipping new "Baker" systems in Q3. But the company's Custom Engineering group, which does bespoke design work on behalf of clients, is hoping to fill in some of that gap. A deal announced today between cloud computing wannabe Microsoft …

Enterprise 3 Mar 07:02
Oracle/Sun ditches HDS

Merger fallout begins

Oracle/Sun will no longer resell Hitachi Data Systems' high-end USP array product, the 9990V and 9980V systems. The writing had potentially been on the wall since Oracle acquired Sun and spoke about storage products it valued, like the 7000 product, and left the 9900s out of the spotlight. HDS' USP-V line is OEM'd by HP from …

IT Channel 3 Mar 08:35
Overland Storage bags Barrall

Executive officer, sir

Overland Storage has appointed Geoff Barrall to an executive officer's position according to a financial filing. A Form D SEC document, referring to a "Notice of Exempt Offering of Securities" was filed on 2 March. It mentions several existing board directors and executive officers, such as CEO Eric Kelly, and includes Geoff …

Enterprise 3 Mar 12:29
David Atherton: 'I don't miss Dabs'

Interview Part 1 Missed it the first time? Here it is again

This is part one of a two-part interview with Dabs founder and channel legend David Atherton, which we ran earlier this year. We enjoyed it so much, we thought we'd highlight it again, in case anyone missed it first time round. Part two is here. “I logged on to my bank account on about 3 May 2006, and found there was £24m in it …

IT Channel 3 Mar 12:56
WD shipping consumer SSDs

Looking for silicon edge

Western Digital has started shipping consumer-focused solid-state drives (SSDs). The SiliconEdge Blue family is a range of 2.5-inch form factor SSDs storing up to 256GB of data, and having a 3Gbit/s SATA interface. The read speed is up to 250MB/sec and the write speed up to 170MB/sec. WD says the products have "maximum …

reghardware 3 Mar 13:02
VMware to pony up $400m for buybacks

EMC to maintain 80% stake

In filings with the Securities and Exchange Commission, virtualization juggernaut VMware said its board of directors had authorized a stock repurchase plan to allow the company to go out on Wall Street and buy back up to $400m in its class A shares between now and the end of 2011. VMware says in an 8K filing that the share …

Enterprise 3 Mar 16:35
DARPA asks you to cram petaflops super into single rack

To dream the ExtremeScale dream

The Defense Advanced Research Projects Agency - the research and development arm of the US military - has issued a challenge to nerds, geeks, techies, and boffins to bid on how they would build a petaflops-scale system of nearly unimaginable energy efficiency and compactness. Oh, and the prospective system also needs to be …

Enterprise 3 Mar 19:36
Dell flogs its 'zero client'

PC-over-IP rolls into FX100 boxes

Dell has unveiled its first "zero client" device for enterprise customers who think traditional thin clients are fatty, fatty 2x4s. The FX100 Zero Client has no x86 CPU, no hard disk drive, and no image to manage. Instead, it simply acts as a terminal to a virtual environment running on a remote server. The system was …

Enterprise 3 Mar 21:02