Business Briefs: October 1, 2008
By SD Times News Team
October 1, 2008 —
Hewlett-Packard will cut approximately 24,600 jobs, about 7.5% of its work force, as part of its integration with Electronic Data Systems (EDS), an IT services company. The job cut is expected to take place over three years, and half of the restructuring will be in the United States. HP completed its US$13.9 million takeover of EDS in August. EDS has approximately 142,000 employees, and Mark Hurd, HP’s CEO, said he is confident the integration of the two companies will go well.
Microsoft will sell Greenfield Online’s Internet survey division to ZM Capital, only weeks after it had reached an agreement to acquire the division. Microsoft’s acquisition of Greenfield and the hand-off to ZM Capital’s ZM Surveys are expected to happen simultaneously in the fourth quarter of this year. Microsoft is acquiring Greenfield for US$486 million, but financial terms of the ZM Capital deal were not disclosed.
Red Hat announced plans to acquire Qumranet, a provider of virtualization products. Qumranet employees will be folded into Red Hat. Executives of the open-source software provider said the acquisition of Qumranet will increase its goal of implementing virtualization technology into every system, from servers to desktops.
Infosys Technologies, an IT and consulting firm, announced plans to acquire U.K.-based SAP consulting company Axon Group for US$753 million. Axon provides consultancy services to organizations using the SAP strategic enterprise platform, and Infosys executives said the acquisition will increase its market opportunities with large businesses. The deal is expected to be complete by November.
IBM had a 33.2% revenue share in worldwide server revenue in the second quarter, holding a 5.8 percentage point lead over second-place Hewlett-Packard, according to an IDC second-quarter report. Similarly, Gartner’s second-quarter worldwide server report showed IBM with a 31.2% revenue share, a 3.6-point lead over HP.
Tableau Software, a provider of analytics and visualization software, secured US$10 million in series B funding from New Enterprise Associates (NEA). Tableau executives said the funding will go towards the development of new products and the expansion of sales channels. NEA previously invested $5 million in Tableau in 2004.
Adobe announced plans to acquire YaWah, a Denmark-based dynamic imaging software provider. Adobe executives said the acquisition will help the European expansion of Adobe Scene7, a rich media platform for e-commerce companies. Terms of the deal were not disclosed.
Quest Software, a provider of application and database management products, will acquire NetPro, a provider of Microsoft infrastructure optimization products, for US$78.7 million. Quest executives said the acquisition will allow Quest to extend its product portfolio into Microsoft infrastructure management.
Related Search Term(s): ITIL, open source, professional development, virtualization, Adobe, Axon Group, EDS, Greenfield Online, Hewlett-Packard, IBM, Infosys, Microsoft, NetPro, Quest, Qumranet, Red Hat, Tableau Software, YaWah, ZM Capital
Share this link: http://sdt.bz/32875
Most Read Latest News Blog Resources
Zeichick’s Take: Radio moves from analog waveforms to digital packets
Streaming radio highlights the need for streaming applications to be designed to take up as little bandwidth as possible
|
|
Taking enterprise architecture to the business side
Startup Corso is bringing out a cloud-based planning platform that ties into business plans
|
|
Appcelerator Acquires Cocoafish to Add Instant Mobile Cloud Capabilities to its Industry Leading Titanium Platform
Appcelerator Offers Messaging, Social, Location and Storage Mobile Cloud Services to All Mobile App Publishers
|
|
ComponentOne Releases a Collection of 40+ UI Widgets Powered by HTML5 and jQuery
ComponentOne has announced the 2012 release of Wijmo: a kit of UI widgets for HTML5 and jQuery development
|
Taking enterprise architecture to the business side
Startup Corso is bringing out a cloud-based planning platform that ties into business plans
|
|
Top five apps to manage your workload
Web applications offer new ways to track your “to-do” lists
|
|
Not so fast when it comes to testing in the cloud
Developers face outsourcing, virtual lab management and mobile devices as obstacles
|
|
Xceed releases UX-focused suite for Microsoft’s WPF
"Blendables" helps match user experiences to developer visions
|
Are you at risk for burnout?
Burnout is a severe problem and it can strike at any time. Here's how to tell if you are nearing the edge.
|
|
Agility, mom, and apple pie
If we're to evaluate the state-of-the-art in software development, we should start with the values espoused in the Agile Manifesto.
|
|
RIM woos developers with free tablet
How do you get more apps ported to the BlackBerry PlayBook? By giving every developer a free tablet, of course!
|
|
GitHire: Use Headhunters to Find Your Perfect Programmer
Are you a hiring manager tired of scouring the job boards? Check out this new service that will find 5 people interested in your jobs.
|
The Hidden Costs of Software Licensing
Moving beyond paper-based software licensing to more flexible, software-based licensing is a business decision. There is a growing trend tow...
|
|
Case Study: You May Need a Development Mechanic
As a contractor for a major financial player in Germany, SOBEGE, a German-based consultancy specializing in embedded IT and web services, wa...
|
|
Ensuring Software Quality at a Major International Bank
One of the world’s leading international banks has adopted AgitarOne technology for delivering generated unit tests for their Java software...
|
|
Load Testing Adobe Flex Applications
Adobe Flex applications may be different from applications you’ve worked with before. For classic HTML web applications, the server does all...
|