IDG News Service-Cisco said Sunday it intends to acquire Meraki,a vendor of technology for cloud based management of wireless LAN,security appliances,and mobile devices for US$1.2 billion in cash and retention-based incentives. The ...
Tags: Cisco, acquire Meraki, wireless LAN, San Francisco
IDG News Service-Google CEO Larry Page tried to put a positive spin on his company's poor third-quarter financial results,which were released prematurely Thursday and triggered a panicked stock sell-off before trading was abruptly halted. ...
Tags: Google, Future Growth, financial results
Oracle on Thursday reported that net income rose 11 percent to $2 billion while revenue fell 2 percent to $8.2 billion in the first quarter ended Aug. 31, with the period marked by some strength in software but falling hardware revenues. ...
Tags: Oracle, USA, revenue data, Hardware systems
Semprius CPV module factory ready to roll 18 Sep 2012 Site in Henderson,North Carolina,will reach production run-rate of 6 MW by the middle of next year. Micro-transfer printing Semprius,the developer of high-efficiency concentrated ...
Tags: Semprius, Siemens, CPV, Opto Semiconductors
Record export sales and revenue in an increasingly challenging market Commenting on the results,Kumba Iron Ore Limited's("Kumba")CEO Chris Griffith said: "Kumba's solid focus on operations and strategy has delivered another strong set ...
Tags: Kumba, Iron Ore, mine produce, mining
Oracle reported an 8%increase in profits on a 1%increase in sales for the fourth quarter of its 2012 financial year. The business software maker reported sales of$10.9bn for the three-month period to 31 May,which was 1%higher than the ...
Tags: Oracle, fourth quarter, business software maker, Larry Ellison, SaaS
US insurers' reserve redundancy during the year 2011 was estimated to be $11.7bn, or 2% of total booked reserves compared to $22bn during the same period last fiscal. According to a research report compiled by Aon Benfield, the global ...
For its fiscal third-quarter 2012(to end-March),optical communications and laser component,module and subsystem maker Oclaro Inc of San Jose,CA,USA has reported revenue of$88.7m,up 2.5%on$86.5m last quarter(returning to growth after last ...
Tags: Oclaro, flood recovery, plant stoppage, Telecom Components