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Broadcom NetExtreme II adapter

QLogic grabs Broadcom Ethernet assets

QLogic has signed a deal with Broadcom to buy some Ethernet assets and license its Fibre Channel IP. The converged network controller maker is spending $147m in cash to buy: some 10/40/100Gbit Ethernet controller-related assets and non-exclusive licences to certain intellectual property relating primarily to Broadcom’s …
Chris Mellor, 19 Feb 2014
globalisation

CA handles La Perla's substantial assets

Luxury Italian undies biz La Perla is protecting its data assets from a tits-up by using CA's ARCserve backup software. The bra-and-panties business has 3TB of data on 50 servers around the globe and is using ARCserve Backup to safeguard it. The data ranges from email to critical data and business intelligence based on sales …
Chris Mellor, 20 Dec 2011
George Osborne looking like he means it

UK slaps 25 per cent 'Google Tax' on tech multinationals

Chancellor George Osborne has announced a 25 per cent tax on company profits made in UK but diverted abroad - singling out tech companies for a so-called "Google tax." In his Autumn Statement Osborne pointed the finger at large multinational companies, particularly those in the tech sector, that use "elaborate tax structures" to …
Kat Hall, 03 Dec 2014
Tornado_funnel

Violin Memory hires ex-Egnyter to add heat to global channel sales

Flash storage biz Violin Memory is hoping to pump up its channel sales volume by recruiting an ex-Egnyte channel sales VP to replace a guy who went to HGST. Jeff Nollette joins from Egnyte, where he spent seven months as its VP for Channels, helping to build a channel for that company's file sync and share product. Before that …
Chris Mellor, 04 Dec 2014

Drive-making kingpin WD gobbles Skyera... to give to HGST

Rumour had it last month that WD was going to buy Skyera and rumour was right. WD subsidiary HGST is getting an early Christmas present with WD buying the all-flash array packing density king and assigning it to HGST. Skyera changed its CEO in August, with COO Frankie Roohparvar taking over from flash tech genius and co-founder …
Chris Mellor, 15 Dec 2014
money notes lifted up

Private equity downs WAN furtler Riverbed in $3.6bn gulp

+Comment WAN optimiser and app speeder Riverbed is being bought by private equity house Thoma Bravo for $3.6bn. Riverbed failed to grow sufficiently and its business foundered somewhat, opening it up to the attentions of activist investor Elliott Management. That's the same investor that is pushing EMC for a VMware sell-off. In October …
Chris Mellor, 15 Dec 2014

Shouty investor Elliott makes PUBLIC CALL for VMware sale

Comment Activist investor Elliott Management, the holder of a billion dollars' worth of Hopkinton shares, has publicly called for a VMware sale in a letter to EMC's CEO and board. Its release has been nicely timed to closely follow on from HP's decision to split itself into an printer and PC company on the one hand (HP Inc) and a …
Chris Mellor, 08 Oct 2014
Downing Street road sign

Universal Credit CRISIS: Up to £200m in IT spend WASTED – NAO

Around £219m in IT investments in the much-maligned Universal Credit programme may be written off, a National Audit Office report has revealed today. To date, £344m in IT investment has been sunk into the programme, but just £125m of those assets are currently in use. The NAO revealed the department has written off a further £ …
Kat Hall, 26 Nov 2014

Our system handles £130bn and it's BUST. Want the job of fixing it? Apply to UK.gov

The Department for Work and Pensions (DWP) has identified "technical and security vulnerabilities" in its £284.9m central benefits payment system - responsible for underpinning the much-maligned Universal Credit programme and processing 13 million payments each week, The Register can reveal. The Central Payments System's …
Kat Hall, 20 Nov 2014
BlackBerry Passport

BlackBerry chief vows: We'll focus on 'core devices' and on, er, NOT LOSING MONEY

BlackBerry chief John Chen has said that the Canadian firm won’t be trying to launch too many new devices as it struggles to claw its way back to profitability. Chen told Reuters that the firm was focused on profits, so it wouldn’t be pushing for heaps of new smartphones. "Once we turn this company to profitability again, I …
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Failed would-be COMET saviour now FAILS to save his own biz

A creditors' meeting has been called for Lewisons Wholesale, an electrical retailer run by Clive Coombes, the man that tried and failed to resurrect the brand name of fallen UK High Street giant Comet. As revealed by the Register last month, Lewisons Wholesale was struggling to remain afloat and had notched up eight County Court …
Paul Kunert, 15 Dec 2014

Analyst calls it: we've got a software-defined networking BUBBLE

Forrester analyst Andre Kindness has used two very significant words - “irrational exuberance” - to describe the white box networking market. “Irrational exuberance” was famously used by former US Federal Reserve chair Alan Greenspan in a 1996 speech bemoaning over-valued assets. The term was often invoked during the subsequent …
Simon Sharwood, 05 Dec 2014

Level 3 gobbles rival TW Telecom in $5.7bn deal (that's 5 Instagrams)

Internet backbone provider Level 3 has bought its competitor TW Telecom in a cash and stock mega-deal valued at $40.86 per share. The planned $5.7bn merger, if waved through by US regulators and shareholders, would further consolidate the telco market stateside. "We believe this is a financially compelling and very strategic …
Kelly Fiveash, 17 Jun 2014
Happy child at Christmas with a tablet

Time to bag a tablet bargain this Chrimbo – Brit stocks are high

British retailers will be looking to clear a tablet glut this Chrimbo, and falling sales prices and cooling consumer interest in slabs will mean they’ll need to shift more to stand still. According to Gartner, 83 million fewer slabs will be sold this year worldwide, with consumers sweating their assets for longer, renewed …
Paul Kunert, 04 Nov 2014
man_inks_deal_channel signs contract services

Clock's ticking for suppliers who want a piece of hot DWP action

The Department of Work and Pensions has issued a call to tech firms to provide and host a toolset for service integration and management functions in a gig worth up to £17.5m over the next three years. The contract notice posted on the Official Journal of the European Union today, part of IT Transformation Programme, gives …
Paul Kunert, 03 Sep 2014
SAP

SAP raises $650m to cram into upstarts' pockets

SAP has announced that it has raised $650m for a new venture fund to invest in startups under its subsidiary SAP Ventures. The investment firm is independent, but draws its cash from the software giant to invest in upstarts that may one day help the parent business. "We are in a unique position of being independent and yet …

Lenovo completes Motorola purchase for $2.9bn – $10bn less than Google paid for it

Three years ago, Google splashed out $12.5bn for struggling mobe manufacturer Motorola, and on Thursday the Chocolate Factory completed its sale of Motorola's physical assets to Lenovo for just $2.91bn. Not all of the money will be going into Google's coffers right away, however. Lenovo is paying $660m in cash plus $750m in …
Iain Thomson, 30 Oct 2014

Former Azzurri project manager who stole £1.3m ordered to pay back £146k

A former project manager at Azzurri Communications who stole £1.3m from the integrator has been ordered to pay back less than 10 per cent or spend more time in the slammer. Lee Stephen Young, 34, of Petronel Road, Aylesbury was found guilty of one count of theft from an employer at the town's Crown Court in March and sentenced …
Paul Kunert, 23 May 2014
Job cuts jpeg

Chips are down at Broadcom: Thousands of workers laid off

Broadcom is exiting the cellular baseband business, a decision that's has bitten hard, with the company announcing layoffs of around 2,500 employees – around 20 per cent of its total workforce – worldwide. Its latest SEC filing shows the company turned in a loss of $US1 million for the quarter, a collapse from the previous …
Steve Bennet, ex-Symantec CEO

Big Yellow loses its head... again: Symantec, we need to talk

Comment Symantec recently fired Steve Bennett, its second CEO in two years. As a previous chairman of the board, Bennett was part of the team that shifted off the previous CEO. Apparently now, new blood is needed to "act aggressively to capture a growing share of this market," in the words of the new chief, Michael Brown. Steve Bennet …
Chris Mellor, 24 Mar 2014
BlackBerry logo

BlackBerry slices off juiciest bits, bottles them in 'Tech Solutions'

BlackBerry has sliced off its juiciest bits and will preserve them in a new unit called “BlackBerry Technology Solutions” (BTS) that it hopes will deliver a jolt of growth. The new unit will be led by Dr. Sandeep Chennakeshu and will gain stewardship of QNX , the IoT play Project Ion, the Certicom cryptography applications and …
Simon Sharwood, 19 Aug 2014
IBM RTP Data Center

IBM leaps aboard the software-defined stuff bandwagon

IBM storage is getting software-defined, with IBM seeing that concept as a way of better integrating its storage hardware and software assets. Big Blue's Storage and Software-defined Systems general manager Jamie Thomas outlined a new storage deal at IBM's Enterprise event in Las Vegas, claiming the "new model will provide …
Chris Mellor, 09 Oct 2014
Dunce

Symantec fires CEO Steve Bennett: To lose 1 chief is unfortunate, to lose 2 is OK, apparently

Symantec has fired its second CEO in two years: the company's chief exec, president and former board chairman Steve Bennett was today shown the door after less than 18 months on the job. "We recognize Steve's contributions to Symantec, including developing and leading a series of successful initiatives focused on organizational …
Iain Thomson, 20 Mar 2014
Shuffling cards

EMC reshuffles deck, reveals Core Technology SUPER DIVISION

EMC is collapsing its divisional structure some more and combining its VMAX/VNX unified storage operation with DPAD, its Data Protection Division, to form a Core Technology Division. The new division will be run by Guy Churchward, current DPAD president. XtremIO products will move into the new division as of 1 January, 2015. …
Chris Mellor, 15 Oct 2014

NSA Sentry Eagle placed spies in private companies

The National Security Agency (NSA) has since 2004 sent spies into private companies in a bid to compromise networks from within, according to documents leaked by Edward Snowden. Agents sent in by the NSA targeted global communications firms under a highly classified 'core secrets' program dubbed Sentry Eagle previously known …
Darren Pauli, 14 Oct 2014
EMC VNX2 line up

Somebody's nightmare? I'm a veteran VNX array with a BADGE

Lenovo has started selling VNX arrays, adding a "VNX5150" to its product line-up. The VNX5100 is an entry-level SAN product that was effectively replaced by the block and file VNX5200 array in September last year. There is still a VNX5100 page on EMC’s website but a linked VNX Hardware Data Sheet PDF omits it from the VNX line- …
Chris Mellor, 04 Sep 2014
Joe Tucci EMC

EMC, HP blockbuster 'merger' shocker comes a cropper

+Comment EMC has been holding secret merger talks with HP that have since stalled, according to industry sources. The negotiations are said to have lasted almost 12 months, during which Dell executives mulled buying parts of EMC. But at the heart of the discussion was a proposed $132bn merger of the storage giant and HP, according to …
Chris Mellor, 22 Sep 2014

Phones 4u demise: 1,700 employees laid off with redundo package

The axe fell on nearly 1,700 jobs at Phones 4u last night, a little over a week after the High Street retailer went into administration. It brings the total number of staff laid off with redundancy packages so far to 2,325 – nearly half of the company's workers. The staffers had been based at 700 outlets, including 550 stores, …
Kelly Fiveash, 23 Sep 2014

Oracle makes Sun-sized $5bn grab for Micros Systems

Oracle is buying systems maker and consulting shop Micros Systems for $5.3bn to counteract the slowdown in its hardware and software business. The giant Monday confirmed reports it is buying Micros, which builds and delivers integrated systems including point of sale systems for the retail and hospitality sectors. Oracle …
Gavin Clarke, 23 Jun 2014
euros_channel_money

CenturyLink slashes prices to guarantee its megacloud future

When your entire market is hellbent on destroying itself through an endless death march of price cuts, you're faced with a choice, either you hold on tight and keep cutting, or you get into another business. Major co-location provider CenturyLink is opting for the former and to help it along is beginning to put the assets of its …
Jack Clark, 01 May 2014
Photo of a stack of $100 bills

IBM storage revenues sink: 'We are disappointed,' says CEO

IBM's storage revenues are continuing to slump, with the latest overall IBM results causing the abandonment of a long-term earnings/share goal. IBM's overall revenues for its third 2014 quarter were $22.4bn, down six per cent year-on-year and down 8.2 per cent sequentially. Net income was $3.5bn; it was $4.1bn in the previous …
Chris Mellor, 20 Oct 2014

Symantec scratches head over balance sheet, calls in JPMorgan

Reports say Symantec, struggling to reverse a revenue slowdown, has called in JPMorgan Chase & Co. to look at its options and help fend off activist shareholders. Symantec is a $6.7bn/year revenue company that is struggling to lift its earnings. The last quarterly report made that abundantly clear. It fired its CEO Steve …
Chris Mellor, 07 Apr 2014

Xerox names former HP veteran as UK channel royalty

Former HP veteran Norman Richardson has landed at Xerox to run UK channels, the copier titan has confirmed. After 23 years at HP, he left in April '12 when the printer business he ran in Blighty was slapped together with the PC operation and Paul Hunter, who headed that biz was given the top job of the merged organ. In back …
Paul Kunert, 07 Feb 2014

VMware sells WaveMaker to Pramati

VMware has got rid of WaveMaker, an open source tool that helps casual developers build Java apps, after spending two years trying to develop the technology The deal sees Java-specialist Pramati acquire "certain assets" of WaveMaker, according to a statement issued by the company. These assets include WaveMaker's core …
Jack Clark, 01 May 2013
POrch

Oracle slurps another storage upstart: Front Porch Digital joins Ellison's crew

The ceaseless hoovering up of small companies and startups by business behemoths has seen Oracle buy Front Porch Digital. Why did Larry Ellison latch on to this outfit? Front Porch Digital (FPD) is a content storage management (CSM) business. Its software products sit in a server between a media network on the one hand and a …
Chris Mellor, 16 Sep 2014
medical_doctor_health_channel

Brit PC market out of intensive care thanks to XP, falling prices

The PC market is gradually on the mend after the bloodiest period in its history when businesses sweated their assets, consumers bought tabs and costly excess stock swilled around the channel. Sales went up by mid-single digits in Q1 as UK shoppers in the commercial sectors began to spend on traditional systems again, said …
Paul Kunert, 05 Jun 2014

Acer parachutes cofounder Huang in as new chairman

The board of directors at troubled device maker Acer have again elected a key figure from the past to help it get "back to success", the company confirmed following today's Annual General Meeting. Co-founder and general secretary of the Transformation Committee George Huang is to replace the firm's other co-founder, Stan Shih, …
Paul Kunert, 18 Jun 2014

Backup bruiser Barracuda bares teeth, gulps down C2C

BJ Jenkins' Barracuda has made its first acquisitive bite, buying mail archiver and manager C2C for an undisclosed mix of cash and stock. It's part of a comprehensive product revamp called Data Protection Plus. Barracuda is a backup, file sync and share and content/application security business, which went through an IPO in …
Chris Mellor, 09 Sep 2014

KPMG: UK tech supplier takes on 'majority' of customers from titsup Glasshouse

More than half the workers at defunct storage consultancy Glasshouse Technologies have been chopped after administrator KPMG failed to find an investor to secure the business as a going concern. Glasshouse simply ran out of cash and called in the receivers late last month just days before it was due to defend itself against a …
Paul Kunert, 23 Apr 2014
chart

It's a bad day to be Serco's CEO... or an investor, come to that

Scandal-hit integrator Serco today issued its fourth profit warning of this fiscal and calendar year, confirmed a £1.5bn write-down and provision to cover to loss-making contracts and effectively exited private sector business process outsourcing. The financial markets reacted negatively, sending the company’s share price …
Paul Kunert, 10 Nov 2014
arrow pointing up

State officials seize InPhase assets in lieu of taxes

In a final emphatic demonstration that the money has run out, holographic storage developer InPhase's premises have been seized for non-payment of taxes by the Colorado Department of Revenue. According to local reports, the state has changed the locks on the doors and announced that everything owned by InPhase, including …
Chris Mellor, 08 Feb 2010

Top dog EMC’s dilemma: Seasonal dip or long-term problem?

Comment One swallow doesn’t make a summer nor one frost a winter. Does the dramatic drop in EMC’s VMAX revenues represent a long-term change or just a product transition blip? While other parts of EMC Information Infrastructure – the non-VMware and non-Pivotal storage core of EMC’s federation – grew strongly in its first 2014 quarter, …
Chris Mellor, 24 Apr 2014
arrow pointing up

SCC: Brit biz are buying again, but as for mainland Europe ...

The much-used channel phrase ‘revenue is vanity and profit is sanity’ could easily be applied to mid-market reseller hulk SCC as it opened up on results for the first half of fiscal 2015. From its Midlands HQ, the Rigby clan’s last technology business turned over £729m at group level in the six months to the end of September, …
Paul Kunert, 06 Nov 2014

Microsoft Azure adds global HUSH-HUSH connection routes with Equinix

Microsoft and Equinix have interlaced their fleet of data centers to let customers go directly to the Azure cloud from inside 16 co-location data centers around the world. The expansion to 'Azure ExpressRoute' was announced by Microsoft on Tuesday and means security-conscious organizations hosting with Equinix can safely connect …
Jack Clark, 23 Apr 2014

Activist investors force Riverbed into climbdown over cash 'n' costs

Comment Another one bites the dust as activist investor Elliott Management forces networking biz Riverbed into a strategic review of its options. Despite announcing good second and third quarter results with increasing revenues and profits, Riverbed has had to bow to activist investors' concerns about shareholder value by initiating a …
Chris Mellor, 24 Oct 2014

Sony on the ropes after revising losses UP to $1.3 BEEELLION

Japanese electronics stalwart Sony has posted a preliminary net income loss of ¥130 billion ($1.3bn, £770m) for the year to March 31, 2014 – its third downward revision in less than 12 months, and another blow to CEO Kazuo Hirai’s attempts to turn the company around. The figure [PDF] was significantly worse than the ¥110bn (£ …
Phil Muncaster, 02 May 2014

Alca-Lu plots enterprise exit, again

Alcatel-Lucent once again hopes to exit the enterprise business to concentrate on the carrier and service provider markets. Reuters is reporting the move as part of Alca-Lu's plan to shed €1 billion worth of assets by 2015. The news agency's sources have told it that Lazard Limited is advising the vendor on the sale. Finding a …

PM Cameron leaps aboard Internet of Thingies

+Analysis Prime Minister David Cameron thinks he has spotted the "Second Industrial Revolution" – and it’s the Internet of Things. Speaking at the start of the CeBIT show in Hannover, Cameron foresaw British software and services companies working up with German engineering and manufacturing companies to turn IoT from a “slogan to a fact …
Andrew Orlowski, 10 Mar 2014
H. K. Desai

QLogic exec chairman HK Desai dies aged 68

Storage firm QLogic has lost its guiding light. The company's chairman, HK Desai, died after suffering a "sudden cardiac arrest" on 10 June. CEO and president Prasad Rampalli, who became CEO just six months ago, said: "HK dedicated most of his working life to building QLogic into the company it is today. His positive spirit, …
Chris Mellor, 30 Jun 2014
Microsoft CEO Satya Nadella

Microsoft CEO Nadella names his Xbox and Cloud OVERLORDS

New Microsoft CEO Satya Nadella has made two important albeit expected appointments to his executive team. The big cheese announced on Monday that his company will remove the "interim" from Scott Guthrie's role as interim executive vice-president of cloud and enterprise. Phil Spencer, the boss of in-house games developer …
Shaun Nichols, 31 Mar 2014

Opinion

Neil McAllister

Claims that cloud will drive Oracle's future growth ring hollow
Pure Storage array

Neil McAllister

How the cloud taught Redmond to play by a new set of rules

Features

Pebble Steel
Meet the man who accidentally created the smartwatch hype
No, silly... he was the fall guy for years of Finnish folly
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