The long-rumored data center partnership between Cisco, EMC and VMware is at last a reality. The three companies have formed a new joint venture called Acadia. Its purpose: To sell and support V-Block, an integrated data center product that combines Cisco’s Unified Computing System, EMC’s storage equipment, and VMware’s virtualization technology.
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They don’t call Sen. John McCain a maverick for nothing. Just hours after Federal Communications Commission Chairman Julius Genachowski officially unveiled Net neutrality rules, the Arizona Republican introduced a bill that would prohibit the Commission from enacting them.
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AT&T reports third-quarter earnings Thursday and by all accounts, they should be strong enough, thanks to the sheer size of the company’s footprint and, of course, its exclusive carrier rights to the iPhone.
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Cisco CEO John Chambers wasn’t kidding when he said we’d see the company move into a number of new markets via acquisition over the next year. Earlier this year, Cisco acquired Pure Digital, developer of the Flip video camera, for $590 million. Two weeks ago it spent $3 billion on video-conferencing system maker Tandberg. And now it’s purchasing mobile infrastructure outfit Starent Networks for $2.9 billion, or $35 a share.
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The 3G wireless network infrastructure here in the United States may be subpar, but it keeps attracting new users. Indeed, research outfit TeleGeography reports that the number of 3G phone users in the U.S. will overtake Japan by 2011.
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Nortel Networks has rejected Research In Motion’s bid for the wireless infrastructure assets Nortel is unloading as part of bankruptcy proceedings. RIM said Monday night that it intended to offer $1.1 billion for Nortel’s CDMA and LTE businesses, but was told it could do so only if it agreed not to bid on other Nortel assets, something it had intended to do.
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EMC has long claimed that its bid for Data Domain is clearly superior to NetApp’s, and today NetApp finally agreed. After market close Wednesday afternoon, NetApp said it has terminated its merger agreement with Data Domain, giving the data storage technology vendor leave to accept EMC’s unsolicited takeover bid–at $33.50 a share cash, an 11 percent premium over its own.
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Amazon’s days of booking sales from its business in Japan back to the United States may be coming to an end. The Tokyo Regional Taxation Bureau has demanded back taxes of $119 million from Amazon’s Japanese affiliates, Amazon Japan and Amazon Japan Logistics.
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Bernstein Research analyst Toni Sacconaghi has a few ideas about what Dell should do with the nearly $11 billion in cash reserves it’s sitting on and they don’t include buying Palm. Sacconaghi believes that Dell isn’t interested in a “transformational” acquisition, though its interest in the handset market might suggest otherwise. Rather, the company is mulling the acquisition of small- to medium-sized enterprise-related companies.
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Microsoft may have failed in its bid to acquire Yahoo last year, but it hasn’t failed in its bid to acquire some of the company’s talent. Between November 2008 and March 2009, Redmond hired away five Yahoo veterans. Now comes word that it’s picked up three more.
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Those store-within-a-store Apple boutiques that have been appearing in Best Buys around the country may soon start popping up in Wal-Marts as well. That’s the word from Ben Reitzes, an analyst with Barclays Capital, who believes the retailer hopes to add the Mac to the PC lines it peddles.
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Cisco has finally crossed the Rubicon. Long a partner to the big server makers, the networking equipment giant today became a competitor, announcing an aggressive push into the server market. No longer content to peddle switches and routers alone, Cisco is now selling a full-blown data center solution.
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“We will not simply ride out the storm. Rather, we will take a long-term view, and go on offense.” That was the promise IBM CEO Sam Palmisano made in his annual letter to shareholders this week detailing Big Blue’s plans to forge new markets in infrastructure services. Here we are just a few days later and the company has already set about fulfilling it. IBM announced a new water-management services effort today, one that will see it bringing its information technology acumen to bear on the systems used to monitor reservoirs, water pipes and the like.
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