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Business Briefs: October 15, 2009


By SD Times News Team
October 15, 2009 — 
Hewlett-Packard has changed the name of EDS, the business process outsourcing company it acquired last year for US$13.9 billion, to HP Enterprise Services. HP will also close a Lansing, Mich. call center that it had acquired in the EDS takeover. According to HP, no jobs will be cut, and the approximately 200 workers at the facility will have the option to commute to another Michigan-based facility.

Microsoft has acquired two enterprise resource planning (ERP) products that company executives said will strengthen its Microsoft Dynamics AX ERP software. Microsoft acquired a business process integrator from Fullscope, a company that customizes Dynamics AX for mid-market companies. Microsoft also brought in software for professional services from Computer Generated Solutions, a business software and service company. All products will be offered as part of Microsoft Dynamics AX, according to the company.

EARNINGS
BMC Software reported first-quarter fiscal 2010 revenue of US$450 million, an increase of 3% from the year-ago period. Net earnings for the quarter were $82 million versus $1 million year-over-year. The company said that first-quarter net earnings for fiscal 2009 were impacted by a $50 million in-process research and development write-down recorded in connection with the acquisition of BladeLogic in March 2008. License revenue in the first quarter was $167 million, an increase of 12% compared to the first quarter of fiscal 2009.

Mobile device software and product provider Intrinsyc Software announced second-quarter 2009 revenue of US$4.9 million, as compared to $4.4 million in the first quarter of this year and $5.6 million in the second quarter of 2008. Total revenue attributable to the company’s software products was 43% of revenue, including software licensing and software-related services, compared to 23% on a year-over-year basis.  

BlackBerry creator Research In Motion reported that revenue for the second quarter of fiscal 2010 was US$3.53 billion, up 3% from $3.42 billion in the previous quarter and up 37% from $2.58 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 81% for devices, 14% for services, 2% for software and 3% for other sources. Net income for the quarter was $475.6 million, compared with net income of $643 million in the prior quarter and net income of $495.5 million in the same quarter last year.

TIBCO Software saw a decline in revenue to US$150.3 million in the third quarter of fiscal 2009, a drop from $162.3 million in the same quarter a year before. Net income for the quarter was $14.9 million, an increase from $11.1 million in the same period last year. Non-GAAP operating income was $32.5 million for the third quarter, compared to $28.7 million on a year-over-year basis.


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