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Lanci's Lenovo move 'negative' for Acer – Morgan Stanley

Lenovo's appointment of PC industry big hitter Gianfranco Lanci will heap further pressure on his former employer Acer, according to Morgan Stanley. Lanci – who left the Taiwanese notebook giant Acer in March after a board-level disagreement over strategic direction – moved to Lenovo to consult on its consumer biz at the end of …
Paul Kunert, 19 Sep 2011
cloud

Red Hat unveils cloudy software bazaar

Red Hat has created a "software marketplace" to help it cut the steps it takes for admins to layer third-party applications on top of its OpenShift platform-as-a-service. The marketplace was announced by Red Hat on Monday as the Linux company kicked off its annual Red Hat Summit in San Francisco. The cloudy marketplace will …
Jack Clark, 14 Apr 2014
channel

Morgan Computers shuts its doors, sells website

Morgan Computers - one of Britain's longest surviving independent retail PC dealers - has sold its online business to a Jersey-based businessman, but questions remain over its retail arm. Morgan's owner Robert Nicklin was unwilling to comment to The Register on Friday, but the firm's flagship store on Oxford Street remained …
John Oates, 09 Nov 2009
channel

Morgan Chase blames Oracle for online bank crash

JP Morgan Chase online banking services crashed in New York last week, and the outage has been laid at Oracle's door. The bank's online services were unavailable for Monday night and Tuesday, with service restored very early on Wednesday. The crash prevented the bank's 16.5 million online customers carrying out online banking …
Chris Mellor, 20 Sep 2010

Bechtolsheim's baby Arista Networks heads toward IPO

Networking startup Arista Networks is filing for an IPO as the scrappy biz tries to wrestle share away from incumbents like Cisco and Juniper. The profitable upstart filed its S-1 form with the US Securities and Exchange Commission on Monday. Arista Networks' chairman is Andy Bechtolsheim, the co-founder of Sun Microsystems. …
Jack Clark, 31 Mar 2014
chart

Morgan Computers: Your memories

Last week's coverage of the shuttering of Morgan Computers, the mini-chain of cheap computer dealers, sparked memories of first computers and other odd bits of kits from you lot. Bertie Bassett remembered: In the days before ebay Morgan was the place to get end of line kit and much much reduced prices - I've visited both their …
John Oates, 13 Nov 2009

SAP: Oh snap, where is everybody... Are we LATE for the cloud?

SAP is looking at accelerating its move into the cloud, and shunting more of its business there over the coming year. The world’s largest maker of business software, and an on-premises Titan, is reported to have disclosed the goings-on in conversation with investors. Outgoing co-chief executive Jim Hagemann-Snabe apparently …
Gavin Clarke, 25 Nov 2013
Mike Feinberg

EMC Cloud Czar packs up and goes for a hike

EMC Cloud Czar Mike Feinberg has left the Hopkinton-based storage biz after a rejig of product lines, El Reg can reveal. His disappearance from EMC's Exec Bios webpage caused some talk among our correspondent's contacts - an older version can be found here. According to EMC's PR folk, senior veep Feinberg has left to "pursue …
Chris Mellor, 23 Jul 2013

IBM to offload System x this week: Our sources spill the beans

Smart bets are being placed on IBM offloading its System x division this week, amid suggestions that staffers are braced for a grandiose announcement on Wednesday. Word of buy talks reached the desk of El Chan late last week and over the weekend the Wall Street Journal speculated that Big Blue execs may have re-opened talks with …
Paul Kunert, 20 Jan 2014
Justin Rattner

Intel CTO Rattner steps down to attend to 'pressing family matter'

One of the most familiar faces of chip giant Intel is CTO Justin Rattner, and he has just announced his departure from the company. Rattner joined Chipzilla in 1973, and six years later he was the company's first principal engineer. He was named its fourth Intel Fellow in 1988 thanks in large part to his work in parallel …
IBM logo

IBM's $1bn layoffs latest: Now axe swings in US, Canada - reports

Scores of workers have been made redundant at IBM's Systems and Technology Group in the US, according to a union, soon after the tech titan warned of sweeping job cuts worldwide. Following a $400m shortfall in mainframe and software sales in the first quarter of 2013, employees were warned that a "workforce rebalancing" act (a …

IBM furloughs hardware workers for a week to cut costs

New IBM System and Technology Group chief Tom Rosamilia and his boss, CEO Ginni Rometty, are tightening the belts of Big Blue's hardware business so that it can make its numbers in the current or future quarter. Rumors were going around that IBM was going to put employees working in the Systems and Technology Group on furlough …

Cisco gobbles cloud power meter biz JouleX for $107m

The cash-laden and ever-acquisitive Cisco Systems is at it again, and has snapped up JouleX, which has created a set of cloudy software tools to monitor and manage power consumption in the data center. Cisco is shelling out $107m to acquire JouleX, and said in a statement that this price included cash and retention-based …
homeless man with sign

Morgan Stanley punters get refund over computer cock-up

Morgan Stanley has apologised after 15,000 customers had extra interest added to their accounts as a result of a botched computer migration. The company recently moved its core technology platform off Experian and onto its inhouse Discover system. A migration problem meant 15,000 customers had extra interest added to their …
John Oates, 21 Aug 2006
VMware's monster VM

VMware taps ex-Ciscoer as channel chief

Just ahead of the formal launch of VMware's "Project Zephyr" vCloud Hybrid Service public cloud on Tuesday, the company has appointed a new channel chief. And the timing is not accidental, with VMware's channel being a key component of its hybrid cloud strategy. It's easy to see why VMware wants to build its own public cloud …

BlackBerry BB10 devices refuse to leap off shelves

So you’re an ageing push-email legend finally selling phones with a shiny modern new operating system, relieving years of pent-up demand. Wouldn’t you want to SHOUT about how many people want them? BlackBerry spurned the opportunity to do just that in its earnings releases today, covering the first full quarter selling BB10 …
Andrew Orlowski, 28 Jun 2013
Dell logo in crosshairs

Dell buy: Icahn puts more cash on table than Blackstone or Mike D

As El Reg expected, the deals offered separately by private equity firms Blackstone Group and Icahn Enterprises to take over IT giant Dell are not as generous as some have been arguing the company is worth. And, ironically, the company backed by activist investor Carl Icahn is offering considerably less than Icahn himself had …
Dell logo in crosshairs

Icahn offers to sweeten his Dell deal with warrants

If either Michael Dell or Carl Icahn wanted to win a deal to take control of Dell, the company, all they would have to do is pony up some of their own cash hoards and that would be that. But this is business, and the last thing in the world you do is spend your own money. In the latest move, corporate raider Icahn is sweetening …
Intel logo

Intel's fourth quarter a bummer, as expected

Intel helps kick off the high tech earnings season by reporting its financial results for the fourth quarter and full 2012 year, and as Wall Street and Intel top brass had been anticipating, it was not a killer quarter. It was, perhaps, not as bad as many had expected given the challenges in the PC and server rackets and Intel's …
IBM logo

Big Blue cedes software and systems training biz to partners

IBM is getting out of selling education and training services to customers for its Software Group and Systems and Technology Group, and shifting to an indirect sales model through a new training channel that it has set up. Steve Mills, who is in charge of the converged Software and Systems Group (which even IBM doesn't talk …

Red ink not as deep as expected for Fujitsu in Q1

Japanese IT conglomerate Fujitsu may have been been hit hard by the decline in PC and smartphone sales and seen its server business slump as well, but the weakening of the yen by the Japanese government to boost the indigenous economy has helped inflate overseas sales revenues, and an uptick in the systems integration business …

HP sacks English employees to bag Scots gov jobs cash

HP will axe workers in Sheffield and shunt their roles to Renfrewshire in Scotland to bag a £7m grant from the Scottish government, the Public and Commercial Services (PCS) trade union claims. It's understood the multimillion-pound grant from the public purse is a reward for boosting local employment. About a third of support …
Paul Kunert, 17 Jun 2013
IBM CEO Ginni Rometty

Report: IBM, Lenovo x86 server deal hits the skids

Only late last week, the scuttlebutt was that IBM and Lenovo Group were moving along at a rapid pace so Big Blue could offload all or part of its System x x86 server business to the Chinese builder. Now, the latest word is that the deal has stalled as the two companies are haggling about the price. The first rumors about a …
SoftLayer's data center

Report: EMC, IBM sniffing around hoster SoftLayer

SoftLayer's public cloud business has IBM and EMC sniffing around for a reported $2bn buyout as both companies look to bolster their own networks. IBM has made no secret of its plans to build up its cloud computing and storage business. And EMC's server virtualization and cloud controller minion VMware said earlier this week …

Dell board delays vote on private takeover deal

As has been rumored for days, the special committee of Dell board members in control of the proposed private takeover deal put together by company founder Michael Dell has put off the shareholder vote for the deal. The ceremony to give the thumbs up or thumbs down to the $24.4bn deal put together by Dell, the man, Silver Lake …

Dragged-out Lenovo server deal whacks IBM's earnings for 2013?

IBM has never admitted that it has been trying to sell its System x and BladeCenter server business to Chinese PC and system maker Lenovo, which also took its venerable and usually unprofitable PC business over at the end of 2004. But in a conference call with Wall Street analysts going over Big Blue's second quarter financial …
management management3

SAP shuffles execs to chase cloud success

It is time for musical chairs at SAP, and the desire to ramp-up products that run on the cloud and sell more of them is calling the tune to which the executives are dancing. The German software giant said in a statement that Lars Dalgaard, head of its entire cloud operations and the founder and CEO of SuccessFactors, was leaving …
IBM Flex Chassis, front view

IBM taps ex-Lenovo and services exec to run PureSystems server biz

Several weeks ago, El Reg told you that Andy Monshaw, the long-time head of IBM's Storage Systems Division and more recently the general manager of the PureSystems modular systems business, had left Big Blue. Due to the Independence Day holiday in the United States, IBM was unable to confirm Monshaw's departure, but late last …
Dell logo in crosshairs

Icahn lines up prodigious Dell deal dough

Carl Icahn, the activist investor* who has been providing the only alternative to Michael Dell's plan to take the IT company that bears his name private, has finally lined up the financing that he says will be necessary to acquire Dell at a higher price than Dell, the man, is offering. In a letter to Dell shareholders and the …

Fed watchdogs sniff around IBM's cloud revenue reporting

IBM filed its quarterly 10-Q report with the US Securities and Exchange Commission Wednesday morning, and buried in that lengthy document is a note that the Securities and Exchange Commission (SEC) has raised an eyebrow over the way IBM recognizes its revenues for cloud computing. There is not a whole lot of detail about exactly …
Dell logo in crosshairs

Dell committee says 'no way' on takeover vote change

The special committee of Dell board members that is reviewing the two proposals that will decide the fate of their company have told the Michael Dell/Silver Lake Partners consortium that they are not willing to change the voting rules, as the consortium had requested. And so the ongoing saga of Michael Dell's attempt to take the …

Cisco boosts sales and profits despite softness in switching and routing

Cisco Systems took a big bet more than four years ago when it jumped into the server market with its Unified Computing System blade and rack servers and started peddling converged Nexus switches at the same time. Those bets have paid off, and rising sales of these products are filling in the revenue gaps in the quarter ended in …

Big Blue blows big green in SoftLayer public cloud gobble

So much for that whole strategy that cloud biz SoftLayer came up with (of building its own cloud controller and basing its server fleet entirely on Super Micro iron): because Big Blue bought SoftLayer today for an undisclosed sum. Rumors were going around back in March that both IBM and EMC were sniffing around SoftLayer - a …
Dell logo in crosshairs

Dell takeover latest: Icahn tells Big Mike where to stick his rule rewrite

Michael Dell and Silver Lake Partners, who want to take sole control of IT giant Dell, are willing to offer their fellow stockholders $13.75 for each share - but only if the rules on voting on the deal are changed. Unsurprisingly, top-gun investor Carl Icahn, who has a $14-per-share deal on the table, has now urged the Dell …
Dell logo in crosshairs

Report: Icahn spoiling for a proxy fight with Dell over buyout deal

Activist investor (we hesitate to use the term vulture capitalist because it gives vultures a bad name) Carl Icahn has said that Michael Dell and the consortium of partners he has put together to take his eponymous company private for $24.4bn is not paying enough for the company. According to reports, Icahn is now getting ready …

Intel's server chip biz holds steady ahead of Ivy Bridge Xeons

You might think that Intel would have been talking a bit more excitedly about the Xeon server chip lineup when it walked through its numbers for the second quarter yesterday. Particularly with the PC business on the skids. The workhorse "Ivy Bridge-EP" Xeon E5 v2 processors are slated for launch in the third quarter and the …

The enterprise software gravy train stalled in 2012

The world spends about twice as much dough on enterprise software as it does on data center hardware, and that software is also where a lot of the profit for the IT sector comes from. So when enterprise software revenues don't grow as fast as they have in prior years, it has ripple effects on the IT industry as a whole. The …

Juniper open sources Contrail SDN software stack

Switch and router maker Juniper Networks snapped up Contrail Systems, a startup maker of software-defined networking (SDN) software, back in December 2012 for $176m just before Contrail was to uncloak from stealth mode. Juniper outlined its SDN plans a month later, and in May released the code for beta testing. Now, the code is …
Boxer defeated. Pc credit: Sergey Barkov via SXC

PC market to spend ANOTHER year soaked in blood, warns IDC

The invasion of tablets, a lack of momentum for Windows 8 and tight household and business budgets will ensure the global PC market bleeds for another year. According to IDC estimates, as a result of falling demand, shipments into the technology distribution channel will decline in 2013 for the second consecutive year, falling 1 …
Paul Kunert, 06 Mar 2013

Juniper snaps up SDN startup before it even uncloaks

Struggling switch and router supplier Juniper Networks, smacked around in the hardware business by a recovering Cisco Systems and surrounded by a bunch of upstarts who want to virtualize networks and thereby suck all the profits out of hardware, is fighting back by acquiring Contrail Systems. Contrail, which was working on its …

AMD taps gamer and ex-Nvidia exec to run its channel

Chip-maker Advanced Micro Devices continues to rejigger its executive team to reflect changes it is making in its business to attack new markets and get its channel partners peddling current and future products. On Monday, the company said in a statement that it had tapped Roy Taylor to head up its global channel sales. Taylor …

Nvidia sales and profits rise despite PC slump

Graphics and ARM chip maker Nvidia is sailing smartly through the shrinking PC market, boosting both sales and profits – and doing so despite its transitions to Tegra4 and Tegra4i processors for smartphones, tablets, and other devices. In the first quarter of fiscal 2014 ended on April 28, Nvidia's overall sales rose by 3.2 per …
firing range - target in cross hairs

Lenovo sets sights on server, storage incumbents

Chinese PC maker and server and storage wannabe Lenovo Group has an appetite to buy itself some market share in the systems racket, say the company's top brass. In fact, it wants to double its market share in this space. That seems like a less ambitious goal than acquiring IBM's System x and BladeCenter x86-based server business …
A storm is brewing (Mali, Sahel). Foto: F. Guichard & L. Kergoat, AMMA project, CNRS copyright.

PC decline whacks 2013 IT spending projections

We're now halfway through this year, and it's therefore time for Gartner's prognosticators to review what is going on in the global economy, how IT vendors fared in the first half, and to rejig their IT spending projections for 2013. While the news is not good, it's not particularly bad, either. According to Gartner, global IT …
Racks inside Rackspace's Sydney Data Centre

Rackspace spends big bucks to peddle its cloud vision

Rackspace Hosting may be growing its cloud business much faster than its overall business, but the company's rate of sales growth is declining and its profits are also getting pinched. It is tough not to root for Rackspace, one of the founders of the OpenStack cloud controller project and a big hoster that is transforming itself …
rim

RIM seeks bailout buddies as banks count Heins' beans

RIM has hired bankers to give it a health check and possibly pair up the BlackBerry maker with other businesses. The mobe manufacturer added that it is likely to make an operating loss this quarter and struggle financially for several more. The beleaguered Canadian biz also confirmed it will dramatically cut costs including " …
Paul Kunert, 30 May 2012
The three new Juniper EX9200 modular switches

Juniper pushes up sales and profits in Q1

The top brass at Juniper Networks are breathing a little bit easier as the company turned in numbers that show it is growing despite taking a big hit in sales of gear, software, and services to the US government in the first quarter. In the quarter ended in March, Juniper nudged up revenues by 2.6 per cent to $1.03bn, and net …
Dell chairman and CEO, Michael Dell

Michael Dell to buy himself on Monday?

Michael Dell may not cash out and do a leveraged buyout of the company that bears his name, but instead put his own money where his mouth has been and buy majority control the eponymous pride of Round Rock, Texas. And, according to the latest reports, he could finalize the deal to take Dell private as soon as Monday. Saying "To …
Rackgo systems include servers, storage, switching, and batteries

Data centers can't save Intel's first quarter

The "Sandy Bridge" Xeon E5 replacement ramp for servers is nearly a year old now and clearly hit its stride in the first quarter for Intel, which turned in some pretty sad figures for its PC chip and chipset business. It is a pity that the Data Center and Connected Systems business was not already twice as large, as Intel hopes …
A storm is brewing (Mali, Sahel). Foto: F. Guichard & L. Kergoat, AMMA project, CNRS copyright.

Citrix hits turbulence, cuts profit outlook

Citrix Systems is the latest big IT vendor in the Q1 earnings season to report unexpected delays in closing orders, particularly with its key XenDesktop application and desktop virtualization product. The company has cut profit expectations for Q2 and for the full year, sending shares down seven per cent to just under $63 a pop …

Opinion

Chris Mellor

How long before Blue Big HQ pulls the plug on the whole thing?

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
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Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap

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