Consolidation around cloud computing started to pick up in August 2009, while eBay finally admitted defeat over Skype
Three months ago, many IT companies reported their first financial quarters since the recession began in earnest. But any hope that the drubbing they received back then was a one-off was misplaced, it became clear in July
EMC and NetApp's battle for deduplication provider Data Domain finally reached a conclusion in July 2009, while Nortel’s dissolution continued apace
Business is still firmly headed in one direction for much of the IT sector, but there are pockets of positivity
Cable&Wireless, the British teleco responsible for providing telegraph links between the various colonies of the British Empire, is set for a comeback.
Troubled communications giant eyes government stimulus plans for return to growth
It is a quiet time in the IT sector acquisitions market, allowing some of the more esoteric technology acquisitions to come to the fore
The slow, steady slide in IT industry growth continues
Enterprise server kit to help save RIM's bacon
UK telco's 10,000 redundancies hit the head-lines, but the real story was a margin drop in the Global Services division
Nortel, Verisign and Dell in pickles all of their own. Plus: Salesforce.com fares well
Networking giant's credit-crunch caution sees shares plunge. Plus, BEA's celebrity shareholder learns a secret.
Cisco buys into WiMax at last, while 3Com's China connection spooks US politicians.
With sales of $22 biliion a year, and owning a 70% share of its core router and switch markets, Cisco towers above its rivals in scale, the breadth of its product line and its influence in the IT industry.
| Company | Period | Revenue ($m) | Rev Change (%) |
|---|---|---|---|
| Colt Telecom Group Ltd | 4Q08 | $572.9 | 1% |
| Juniper Networks Inc | 4Q08 | $923.5 | 14% |
| Nortel Networks Corp | 4Q08 | $2,722.0 | -15% |
| Sycamore Networks Inc | 1Q09 | $15.4 | -59% |
| Riverbed Technology Inc | 3Q08 | $86.5 | 37% |
| Riverbed Technology Inc | 4Q08 | $92.2 | 21% |
* Figures converted to US dollars
More Financial Results in Comms & Networking| Acquirer | Target | Price ($m) |
|---|---|---|
| Ixia | Catapult Communications | $105m |
| Carphone Warehouse | Tiscali's UK ops | n/a |
| Cisco Systems | Tidal Software | $105m |
| Cisco Systems | Pure Digital | $ 590m |
| Radware | Nortel's Appln Delivery div | n/a |
| i3 Group | Fibre Associates | n/a |
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Google's mobile operating system accounted for 56% of the smartphone market in the first quarter of this year, Gartner finds, more than double Apple's 23% share
European counterpart to Square will ship 3,000 iOS-compatible Chip and signature card readers to UK for invitation-only trial
Telefónica UK, which trades under the O2 brand, has signed a five-year managed services agreement with Chinese telecommunications giant
Mobile telco's sales dropped 6% in most recent quarter, with 1.3% data revenue growth failing to compensate for a 16% decline in voice
"We sure don't like the trend in the enterprise IT spending", CEO John Chambers tells investment analysts