China’s Lenovo to buy IBM’s PC business

China’s top PC maker will pay $1.25 billion for IBM’s PC business China’s Lenovo Group signed a definitive agreement on Wednesday to acquire IBM’s personal computing division. Lenovo will pay $1.25 billion in cash and equity for the business, which…

Veritas’ India lab to become its largest R&D center

Center will cut across company’s storage and utility computing lines BANGALORE, INDIA – Veritas Software’s research and development (R&D) center in Pune, India, will soon be the company’s largest worldwide, according to a company executive. While the company’s U.S. labs…

Israel to collaborate with India in IT

New products are sought BANGALORE, INDIA – Israeli companies want to collaborate with Indian companies on research and development (R&D) to create IT products and services for the global market, according to Ehud Olmert, Israel’s deputy prime minister and minister…

Group declares 2005 the year of the IT security pro

Scholarships, seminars and panel discussions are planned An organization that certifies information security professionals on Wednesday declared 2005 the year of the information security professional, the start of a campaign to lift the profile of information security professionals and attract new…

Cisco guns for data centers

Chambers attempts to set company apart from networking rivals SANTA CLARA, CALIFORNIA – Cisco Systems took dead aim at data centers Tuesday at its annual Worldwide Analyst Conference, with company executives claiming many communications functions in servers would be better off…

Tech firms urge Bush to focus on cybersecurity

Advocacy group puts forth recommendations WASHINGTON – A cybersecurity advocacy group on Tuesday called on U.S. President George Bush to focus more resources on computer issues and elevate the top IT security position at the U.S. Department of Homeland Security…

Project shows business side of grid

MegaGrid is demonstrated at Oracle OpenWorld show SAN FRANCISCO – Hoping to prove that grid computing can work in the business world, Dell, EMC, Intel and Oracle on Tuesday announced a joint effort designed to show business users how to use the…

Siebel unveils SMB go-to-market strategy

Company will partner with IBM and selected VARs After a year of pilots and trials, Siebel Systems jumped with both feet into the SMB market Tuesday, announcing a new approach to offer Siebel Professional CRM applications to SMBs (small and…

Nortel makes security push

Symantec joins for strategic relationship Nortel Networks is pushing its security features to the forefront with a series of updated products and a new relationship with security vendor Symantec. Nortel’s new security products include new remote access security solutions and…