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Bill Gates: A New Approach to Capitalism in the 21st Century 28 January, 2008 07:12:19
Transcript of Gates speech, and a Q&A at World Economic Forum in Davos, SwitzerlandAs you all may know, in July I'll make a big career change. I'm not worried; I believe I'm still marketable. I'm a self-starter, I'm proficient in Microsoft Office. I guess that's it. Also I'm learning how to give money away. - +
Business continuity 09 November, 2007 17:09:55
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10 IT security companies to watch 20 October, 2007 07:03:02
Data-leak prevention, behavior-based malware detection among focus areasNew companies have to be brash to enter the network security market, given that the industry has witnessed an explosion in creativity over the past five years and considering that big players such as Microsoft and IBM increasingly are throwing their weight around in security. - +
3Com's CEO sees company as a US-Asia trendsetter 24 December, 2007 07:57:45
Edgar Masri sees open source as a differentiator with CiscoEdgar Masri, now the president and CEO of 3Com, rejoined the networking company in August 2006 after six years at Matrix Partners, a venture capital firm. Before that, he was general manager of 3Com's network systems business unit. Since his return, the company has acquired 100% of its former joint venture with China-based H3C Technologies Co., formerly known as Huawei, and announced that it is being bought by Bain Capital Partners, a private investment firm, for US$2.2 billion in cash. As the company looks to go private, Masri, 49, talked with Computerworld about how 3Com has grown, how it hopes to take on Cisco and the importance of open source. - +
Blade Servers II 23 November, 2007 13:35:35
The world's two largest server vendors have pronounced blades as the future and will continue to plough ever-increasing resources into making them the mainstay of distributed computing. ARN, in conjunction with HP and Avnet, recently hosted an industry lunch to discuss what progress is being made locally.
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Network equipment vendor 3Com has agreed to be acquired by associates of Bain Capital and of Huawei Technology in a deal worth US$2.2 billion, 3Com said Friday.
Huawei affiliate Shenzhen Huawei Investment & Holding Co. will take an unspecified minority stake in the company, and will be a commercial and strategic partner of the company, 3Com said.
3Com and Huawei are former joint venture partners. In 2003 they set up Huawei-3Com, an enterprise networking equipment company with headquarters in Hong Kong and factories in China. Last November, 3Com ended the alliance by paying US$882 million for Huawei's 49 percent stake in the venture, now called H3C Technologies Co.
As part of that sale, Huawei agreed not to compete with 3Com in certain markets, and remains one of the company's largest customers: around 30 percent of H3C's business comes from Huawei, company officials said Friday.
It's not the first time this year that investment funds have taken a major networking company private: enterprise telecommunications equipment vendor Avaya was bought by Silver Lake Partners and the Texas Pacific Group for US$8.2 billion.
Reports that 3Com was for sale have been circulating since earlier this year. Back in July, networking rival Nortel Networks was said to have shown an interest.
The US$2.2 billion price tag represents a 44 percent premium over Thursday's closing share price, 3Com said. Bain hopes to close the deal by the first quarter of next year, subject to shareholder and regulatory approval.
3Com reported financial results for the quarter to Aug. 31 last week. Sales for the quarter totaled US$319 million, up 6 percent on a year earlier, but the company's net loss widened, to US$18.7 million from US$14.1 million a year earlier.
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ARN Panel Sessions: Day 3The last of our panel sessions recorded live at CeBIT 2008. Today, the topic is storage. Data is growing at an enormous rate, so what does the future hold?
Sony launches a new version of its Reader electronic book deviceSony launches a new version of its Reader electronic book device. The PRS-700 adds a touchscreen and reading light to the previous model and will go on sale in the U.S. in November.
Brian's bloopersIt takes a long time to produce an episode of Channel Watch. Maybe you'll understand why after watching this...
When an IT disaster occurs, how handy it would be to push a button and start again as if nothing had happened.
Discover and learn more about CA XOSoft today.
Multimedia Technology signs exclusive National distribution agreement with Freecom 07 October, 2008 14:30:00
Symantec State of Spam Report - October 2008 07 October, 2008 11:58:00
AIIA to Reward Sustainability and Green IT Champions at the 2009 iAwards 07 October, 2008 11:56:00
WD Unveils Affordable, High-Capacity Network Storage For Small Offices And Homes 07 October, 2008 11:40:00
Yellowfin Achieves BI Success with Asia Pacific Telcos 07 October, 2008 09:46:00
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