IBM ended 2005 with strong earnings, but essentially flat sales, as it reported net income for the year of US$8 billion on revenue of $91.1 billion.
Stories by Stacy Cowley
Security appliance maker SonicWall has acquired data backup technology maker Lasso Logic and the assets of remote access developer EnKoo, the company said Monday. Financial terms of the deals were not disclosed.
Computer Associates' turbulent past is claiming a final victim: the company's name. From now on, the software vendor wants to be known only by its longtime nickname: CA.
Chip-making underdog Advanced Micro Devices (AMD) edged past Intel last month in supplying processors for the U.S. retail PC market, according to a study by research firm Current Analysis.
Siebel Chief Executive Officer George Shaheen shared the stage with a group of Oracle executives Monday at Oracle's OpenWorld conference, a tableau Oracle President Charles Phillips joked that attendees likely never expected to see.
Sage Software released a new version of Act on Tuesday, a step toward what the company says will now be annual overhauls of its nearly 20-year-old contact management software.
Oracle Corp. has reached a deal to acquire privately held ProfitLogic Inc., a Cambridge, Massachusetts, developer of software for the retail industry. Financial terms of the deal were not disclosed.
As it prepares to swallow Macromedia, Adobe has reassured its investors by turning in a solid second-quarter financial result. Revenue and income hit expectations and sales are reportedly on target around the world.
Microsoft has purchased a toolkit intended to simplify deployment of Microsoft's Axapta software for managing finances, employees, supply chains and other business resources. Terms of the deal were not disclosed.
Siebel Systems is continuing its push into the market for hosted business applications, launching on Tuesday four vertically tailored editions of its CRM (customer relationship management) OnDemand software. The company also released the sixth update to its year-old OnDemand application, adding new territory management and desktop software integration features.
NEW YORK - PeopleSoft's acceptance of an Oracle takeover finally ends 18 months of uncertainty for both companies' customers, but opens new challenges for the victor. As Oracle embarks on one of the software industry's largest acquisitions in history, it needs to prove it can chew what it has bitten off.
Oracle President Charles Phillips opened Oracle's largest user show to date with a keynote address that avoided controversial topics like Oracle's hostile bid for PeopleSoft and focused instead on a high level overview of Oracle's vision for flexible, integrated IT systems.
IBM and Sybase have teamed to add support for Sybase's database software on IBM's eServer OpenPower Linux servers. The two companies said they will jointly sell and market their products.
Oracle and hosted ERP (enterprise resource planning) software vendor NetSuite have ended a licensing agreement that allowed NetSuite to use Oracle's name to brand its small-business applications bundle.
FOLLOWING a wave of indictments this month that netted guilty pleas to securities fraud and other charges from several former finance executives at Computer Associates International (CA), speculation is turning to the fate of the company's chief executive officer (CEO).