News (469)

  • UXC buys into smart metering

    Diversified technology services firm UXC has bolstered its engineering division with the acquisition of billing and metering firm Datec Queensland.

  • EDS shareholders approve HP buy

    Electronic Data Systems shareholders today approved a tie-up with Hewlett-Packard, voting almost unanimously to go through with the US$13.9 billion (AU$14.73 billion) takeover.

  • Top five tech takeovers that shook the world

    Microsoft last week launched a hostile US$44.6bn takeover bid to buy Web giant Yahoo. If the deal goes ahead it will be the latest in a line of multibillion-dollar mergers and acquisitions the tech sector has witnessed in recent years.

  • The truth behind Ballmer's revision of history

    While speaking in Moscow, Microsoft CEO and Yahoo suitor Steve Ballmer said, "Yahoo was never the strategy we were pursuing, it was a way to accelerate our online advertising business... We will spend money on some acquisitions. You can do a whole lot of things with $50 billion."

  • Server virtualisation gives Suncorp hot flushes

    Mass server virtualisation has reduced Suncorp's server count, but datacentre manager David Chesterfield warns: beware the heat.

  • Ballmer: From the frying pan to the firing line

    In these eBay days, buyer's remorse is increasingly common. Less common is the remorse of the unbought a sensation now widely reported among major Yahoo shareholders in the wake of Ballmer's retreat.

  • SAP CEO: Microsoft should have bought Yahoo

    If Microsoft CEO Steve Ballmer were to call SAP CEO Henning Kagermann for advice, he would be told to spend his money on Yahoo.

  • EMC snaps up Iomega for US$213 million

    Software and storage company EMC announced on Tuesday it will purchase Iomega for US$213 million, or US$3.85 per share, giving EMC a foot into the consumer storage market.

  • Microsoft and News Corp to bid for Yahoo

    A month after Rupert Murdoch said News Corp is too small to compete for Yahoo, the media giant is teaming up with Microsoft in a joint take over bid for Yahoo, which would see MySpace brought into the mix.

  • News Corp too small for Yahoo war with Microsoft

    Rupert Murdoch has told investors at a US conference that News Corp is too small to fight Microsoft for Yahoo.

  • Software AG gobbles up WebMethods

    Software AG said it has reached an agreement to acquire enterprise software company WebMethods for US$546 million in cash.

  • Alcatel, Lucent agree US$33 billion merger

    French telecoms technology provider Alcatel and US equipment firm Lucent Technologies on Sunday announced a merger agreement, creating a US$33 billion dollar giant in global telecommunications.

  • IT integration blues compromise AU financial sector consolidation

    Poor understanding of issues involved in information technology system integration have undermined the success of recent mergers and acquisitions in Australia's financial sector, according to research group Forrester.

  • Oracle outlines layoffs

    Oracle outlined its integration plans for Siebel Systems on Thursday, with 2,000 job cuts among the most notable tasks at hand.

  • Oracle aims to tone security muscle with Fusion

    Billions of dollars worth of acquisitions have bought Oracle a perhaps unexpected bonus: security lessons.

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