3Com goes for two
In an effort to better serve its customers' networking needs and put the company on sounder financial footing, 3Com announced last week that it will restructure its commercial business into two independent units.
The change is aimed at driving profitability and growth for 3Com, following the vendor's closure of its Net Appliance business unit and a pro forma net loss of $US122.8 million posted in late March.
3Com will establish the 3Com Business Connectivity Company and the 3Com Business Networking Company as of June 4, the company said in a statement. In total, 3Com will have three business units.
The new Business Connectivity Company will focus on business customers that are served by the PC resellers, distributors and other channel partners, with connectivity products for desktop, mobile and server PCs, the company said.
SANavigator is enhancing its storage resource management software, which lets network professionals eliminate performance bottlenecks, by helping plan, configure and monitor storage area networks.
SANavigator 3.0 adds three features: performance monitoring, a SAN planning tool and remote access from a Palm handheld. It has been redesigned from a monolithic Java program to a client-server architecture, which frees up memory on management workstations and installs more easily.
SANavigator, the company, was spun out last month from Connex, which started as a subsidiary of long-time adapter vendor Western Digital.www.sanavigator.comEricsson sacks 12,000LM Ericsson Telephone Company has announced it would cut as many as 12,000 jobs worldwide as part of a broad cost-cutting campaign, after its net income for the first quarter dropped 90 per cent.
Ericsson posted a first quarter pretax loss of 4.9 billion kronor ($US486 million), excluding a one-time gain of 5.5 billion kronor from the sale of Juniper Networks shares. In the first quarter of last year, Ericsson earned 6.1 billion kronor before taxes.
Since then, Ericsson has confirmed it is in negotiations with Japanese electronics group Sony over a joint mobile phone venture.
If the deal is a success it could mark the beginning of a series of joint ventures between handset manufacturers in a bid to remain profitable in an increasingly turbulent market place.
Rumours of negotiations between Mitsubishi and Motorola have also been floating around but neither company was willing to comment.