corporate issues - News, Features, and Slideshows

News

  • Red Hat raids cloud storage market by acquiring Gluster

    Red Hat announced Tuesday that it is acquiring Gluster, which makes open-source software that clusters commodity SATA drives and NAS systems into massively scalable pools of storage, in a cash deal valued at about $136 million. Gluster is also a contributor to the OpenStack cloud project and Red Hat is promising this involvement will continue. Indeed, Red Hat is now uncharacteristically saying its support of OpenStack will grow even beyond Gluster to the next release of Fedora.

  • HP confirms layoffs at Palm unit

    HP has started laying off workers associated with last year's billion-dollar acquisition of Palm, as it closes down the mobile device business it planned to base on Palm's webOS. The news comes almost exactly a month after HP announced a sweeping reorganization and refocusing of its business.

  • Symantec CEO nets $8.5 million pay package

    Symantec CEO Enrique Salem netted an $8.5 million pay package this year, down 6% from the $9 million he received in 2010, according to documents filed with the U.S. Securities and Exchange Commission.

  • 2010's IT Companies to Watch: Where are they now?

    Last year, Network World identified <a href="http://www.networkworld.com/news/2010/102210-25-tech-startups.html?hpg1=bn">25 IT startups</a> poised to develop innovative technology for a new age of <a href="http://www.networkworld.com/supp/2009/ndc3/051809-cloud-faq.html">cloud computing</a>, <a href="http://www.networkworld.com/news/2010/102510-burning-questions-virtualization-storage.html">virtualization</a> and mobility.

  • Acme Packet's 'building a signaling system for the Internet'

    Not familiar with the terms "session border controller" or "session delivery network"? Don't worry. Andy Ory, CEO of fast-growing Bedford, Mass.-based Acme Packet, is more than happy to share his passionate vision of how SBCs and SDNs -- and the emerging era of "opt-in communications" -- will change your business and the world. In this installment of the IDG Enterprise CEO Interview Series, Ory spoke with IDGE Chief Content Officer John Gallant about how Acme Packet is bringing identity, security and control to the wilds of the Internet, and why the world's top carriers -- and a growing number of enterprise IT shops -- are relying on the company to reduce costs and develop a whole new generation of network services.

  • Apple stock price sinks slightly on news of Jobs resigning

    <a href="http://www.networkworld.com/slideshows/2009/060309-apple-quiz.html">Apple</a>'s stock price dipped on Thursday on news that co-founder and CEO <a href="http://www.networkworld.com/news/2011/082411-jobs-resigns-apple-250092.html">Steve Jobs has resigned</a>, to become the company's board chairman. Few companies are as closely associated with their chief executive as Apple and Jobs, but investors seem to think he's left behind a strong company with good leadership.

  • Motorola workers likely thrilled by Google's buy

    A recent survey suggests that a lot of Motorola Mobility employees will be thrilled at yesterday's news that their company is being <a href="http://www.networkworld.com/news/2011/081511-google-buys-motorola-mobility-for.html">bought by Google</a>.

  • Google looks to protect Android with Motorola patents

    Google is paying a premium for Motorola Mobility, the recently spun-off device maker from Motorola proper. But for the $12.5 billion it's paying, Google likely is more interested in Motorola's patents than its phones.

  • IT recruiting a casualty of the recession

    In the face of a lousy economy, hiring freezes and expense cuts, many companies have decimated their recruiting teams. But as IT staffs ramp up efforts to fill open positions and compete for key talent, this lack of recruiting resources could hurt them.

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