IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server market.
Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.
Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.
Oil rose nearly $2 a barrel on Tuesday as better-than-expected U.S. housing data helped lift markets.
Oil rose over $2 a barrel on Tuesday as equity markets continued to move higher after U.S. housing starts rebounded unexpectedly in February.
U.S. stocks jumped on Tuesday as an unexpected surge in February housing starts gave investors a rare bit of good economic news, and an upbeat broker comment on bellwether Cisco Systems drove technology shares sharply higher.
Stocks rose in choppy trade on Tuesday as upbeat broker comments on technology bellwether Cisco Systems and retailers like Home Depot offset news of a dividend cut at Alcoa Inc .
Cisco Systems Inc will start to sell computer servers targeted at data centers, a move that pits the company against partners such as Hewlett-Packard Co and IBM.
Cisco Systems Inc said on Monday it will sell computer servers targeted at data centers, a move that pits it against partners such as IBM and Hewlett-Packard Co.
Cisco Systems Inc said on Monday it will sell computer servers targeted at data centers, a move that pits it against partners such as IBM and Hewlett-Packard Co.
Cisco Systems Inc said it will unveil next week a new strategy to help customers build more efficient data centers, amid expectations for the network equipment maker to announce it will start selling servers.
A Cisco Systems Inc executive said on Wednesday that uncertainty still ruled over customers of the network equipment maker, and the outlook for future business conditions was still unclear.
Japan's Trend Micro Inc, the No 3 maker of computer security programs, introduced a new line of software on Tuesday that runs on home networking gear, protecting groups of PCs from viruses.
Hewlett-Packard (HP), Cisco Systems (Cisco) both giant tech companies are now on the move to compete for a data center business; a move that can steal business from each other's core markets.
Cisco Systems Inc., the world's biggest maker of networking equipment, said its data-center chief, Jayshree Ullal will leave the company.
Cisco Systems Inc., the world's largest maker of networking equipment, said third-quarter profit declined on acquisition costs, but adjusted earnings and revenue topped Wall Street's expectations.
Lenovo confirmed its intentions to distribute sell and support VMware's virtualization platform in server systems sold in China.
AT&T and network equipment maker Cisco Systems Inc will start selling a high-tech video conferencing system together later this year aiming at boosting their sales to multinational corporate clients.
U.S. stocks fell on Thursday for a second day after a rise in unemployment claims unexpectedly increased, intensifying concerns about the economy while an industry report said late payments on personal loans rose to a 15-year high.
Stocks were slightly lower Thursday in mid-day trading after a volatile morning as investors worried over a lower outlook at networking equipment maker Cisco systems and a new report showed a further drop in home sales.
Top U.S. phone company AT&T Inc said on Monday it was buying core routers from Cisco Systems Inc to upgrade its Internet backbone network, a major win for Cisco amid competition from rival network equipment maker Juniper Networks Inc.
The world's largest network equipment maker, Cisco Systems, said today that it picked up the former chief of technology from Motorola to as its own.
