Tag - EMC
PC manufacturer Dell is selling off its business IT services arm to NTT Data, the companies have announced. A Japanese IT services company in its own right, NTT Data is acquiring Dell Systems for over $3 billion, which will allow it to expand its business and find new clients in North America and bolster its existing services elsewhere, with the move also helping Dell slowly rectify its finances in order to complete its acquisition of EMC Corporation.
Dell and EMC Corporation today announced they have signed a definitive agreement under which Dell, together with its owners, Michael S. Dell, MSD Partners, and investment company Silver Lake, will acquire EMC Corporation, while maintaining VMware as a publicly-traded company. The deal is record-breaking, and is valued at $67 billion, the biggest technology company acquisition to date.
China's second biggest telecommunications gear maker ZTE was found to have sold embargoed US computer equipment to Iran. A Tuesday Reuters report claimed that documents show ZTE sold some computer gear as part of a $10.5 million supply contract to a unit that controls Iranian telecoms. The documents are dated June 30, 2011 and explain how Iran got sophisticated US hardware despite sanctions against such transactions.
Apple CEO Tim Cook has taken the top spot on a Glassdoor list of the 25 most highly-rated CEOs. The site records ratings from anonymous workers, who in this case judged their CEOs regarding a 12-month period ending on March 15th. Over 280,000 people participated; each rating was based on a five-point scale, from "strongly disapprove" up to "strongly approve." Cook won with an overall score of 97 percent.
Unlike the rumored investigation by the Department of Justice and the FTC of the recent Nortel patent buy, the Canadian government won't review it, the Industry Minister Christian Paradis said on Tuesday. While the Investment Canada Act requires foreign investments of more than $328 million must be reviewed, the book value of the $4.5 billion deal may be much lower, said a Tuesday report.
Tom West, a pioneer in computing hardware, passed away last week. West was best known for leading the team that developed the Data General MV/8000, one of the computer industry's first and then widely used mini computers. He is also credited with championing DG's first full-screen laptops at a time when the category was still new.
The acquisition of Novell by Attachmate is now complete, as the company's stock will no longer be publicly traded, Datamation reported on Wednesday. Novell is now a wholly owned subsidiary of Attachmate and part of the deal involves selling 882 patents to CTPN Holdings for $450 million, which was approved by the Department of Justice.
The Department of Justice has stepped in to regulate patent sales arising from the buy out of Novell. Novell agreed to be bought out by Attachmate, a group of private-equity firms for $2.2 billion in November. However, CPTN Holdings, a separate holding company owned by Microsoft, Oracle, Apple and EMC, had sought to buy some of Novellís patents in a move that would have threatened the ability of the open source Linux operating system to continue to develop server, desktop and mobile operating systems. The revised arrangements mean that the critical patents CPTN had sought to purchase will now remain under the GNU General Public License.
RSA, the security division of EMC and maker of SecurID systems used by many large corporations, has just admitted that its security systems were hacked. The company assures everyone that it has taken aggressive measures against the "extremely sophisticated" cyber attack along with an extensive investigation of the attack. It claimed the attack was an Advanced Persistent Threat (APT) that would have been difficult to stop.
The acquirer of 882 Novell patents as part of Attachmate's buyout of Novell includes Apple, EMC, Microsoft and Oracle, Germany's antitrust regulator Bundeskartellamt revealed in a notice for the deal. While created by Microsoft, the organization includes some of its competitors and suggests the buy wasn't intended solely or primarily for Microsoft's attempt to discourage Linux use through patent lawsuits. None of the companies have mentioned their plans or, until now, acknowledged their involvement in public.
Now AAPL Stock: 99.27 ( -1.08 )
Samsung still not recommending Windows 10
Nearly a year after release, Samsung support is recommending that owners of its PCs not upgrade to Windows 10. In an email exchange with UK Samsung technical support and an individual in need of help getting Wi-Fi to work, the support representative wrote that "honestly speaking, we don't suggest installation of Windows 10 to any Samsung laptop or PC and we are still coordinating with Microsoft regarding to this matter" and "the Drivers that we have on our website are not yet compatible to the latest version of Windows." Samsung will update users when there are no more compatibility issues with Samsung hardware and Windows 10. Microsoft has no meaningful comment on the matter. http://bit.ly/1PgrJcx
T-Mobile offers 'tourist' plan
A new plan from T-Mobile is launching on June 12, and will offer visitors to the US a flat-rate $30 plan that offers a free US SIM, 2GB of high-speed data, and 1,000 minutes of calls good for a three-week period. The plan will work with any unlocked GSM-compatible smartphone, and is advertised as "unlimited" data (but speed will slow down after the first 2GB). The plan does not automatically renew, but can be manually renewed for those staying longer. It also comes with unlimited international texting to some 40 countries, but does not offer any international talk minutes at all. http://t-mo.co/1TI1Pe9
First hardware RAID 10Gbps USB 3.1 controllers
Marvell today announced the Marvell 88RC13xx family of high-performance RAID storage controllers with a full set of features that include eight 6Gbps SATA ports, four lanes of PCI Express 3.0, and a 10Gbps USB 3.1 device port with Type-C connector support. The move paves the way for high-performance USB-C UASP hardware RAID multi-drive arrays, utilizing the full bandwidth of USB 3.1. http://bit.ly/1P0JBmb
Tama debuts adapters for Lightning-only iPhone
Predicting an iPhone without a standard 3.5mm headphone, a Chinese accessory maker has released three Lightning-to-headphone-adapters ready should Apple pull the trigger on what would be a controversial decision. The three adapters, picked up by Macotakara, includes two models that simultaneously support charging an iPhone over microUSB while the user also continues to listen to music. Rumors have suggested that Apple will eventually drop the 3.5mm jack on one of its next-generation iPhones, although it is not clear whether it will be in the 'iPhone 7,' due this year, or a future model. In the interim, the Tama Electric Lightning-to-headphone adapters offer little particular utility. http://bit.ly/1P0sYXM
French Google tax raid evaluation could take years
The data retrieved from the Paris raid on Google's headquarters by French police could take months or even years to analyze, according to a prosecutor assigned to the case. Authorities seized dozens of files and related data that recorded Google's financial transactions in the country with a view to lodging a claim for unpaid taxes by the Internet search giant. Although Google has denied any wrongdoing, it must complete all of its sales contracts in Ireland, where it is incorporated. If French authorities sifting through the documents seized in the raids discover that any of its French sales transactions were completed locally, it could be subject to further action, including fines. http://reut.rs/1P0n8G2
Trade-up program expands in Europe
Smartphone users in France, Italy, and Spain will have until at least August of this year to trade in old iPhone, Windows Phone, or Android models at Apple Stores, and put the reward towards a new iPhone -- thanks to an expansion of Apple's trade-in program into those countries. The money given for the trade-in must be applied towards a new iPhone on a two-year payment plane, and traders must qualify under a credit check as part of the program. Interested customers can apply for the trade-in at their nearest Apple Store. http://bit.ly/1qPsldD
NBCUniversal adds Bravo, Syfy, E! to Apple TV
NBCUniversal has launched three new apps channels for Apple TV users. Bravo Now, Syfy Now and E! Now brings users access full seasons of current and past episodes of most of NBCUniversal's catalog. The Bravo Now app includes shows like "The Real Housewives of New York Cit," "Below Deck Mediterranean," comedy "Odd Mom Out" and "Top Chef." The Syfy Now app offers up shows like "The Magicians," thriller "12 Monkeys" and the reality show "Face Off." The E! Now app serves up shows like "Keeping Up with the Kardashians," "Botched," "#RichKids of Beverly Hills," Caitlyn Jenner's "I Am Cait," and "WAGS." While some content is free, most content requires users to authenticate via their cable satellite or telco TV provider. http://bit.ly/20K4Pea