Brocade investors are smiling into their coffee cups this morning after reports that the networking-gear maker has put itself up for sale sent the company’s shares soaring. People familiar with the matter tell The Wall Street Journal and Bloomberg that Brocade is seeking a buyer and that both Hewlett-Packard and Oracle are among its potential suitors.
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Sprint has found a novel way to improve its network operations: Turn them over to Ericsson. On Thursday, the wireless carrier announced a long-rumored plan to outsource its network to Ericsson.
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Back in 2005, Google was represented in Washington by a lone staffer. The company’s political innocence was something of a joke among seasoned beltway players and it didn’t much seem to care. Google was far too busy organizing the world’s information to pay attention to Washington.
How quickly things changed. By 2007, the company’s Washington lobbyists numbered about 12. And now, two years later, Google CEO Eric Schmidt has been named by President Obama to his Council of Advisors on Science and Technology.
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Sun chairman and co-founder Scott McNealy probably has a good joke or two about the way the company’s acquisition discussions with IBM have gone down, but he won’t he won’t be relating them as CEO any time soon. This afternoon Sun dismissed speculation that McNealy will replace CEO Jonathan Schwartz in the aftermath of the deal’s collapse.
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Looks like Sun is “aligning its business with the global economic climate” again… The company will sack 1,500 employees this week, a company spokesperson confirmed to Digital Daily. The move is part of the restructuring plan Sun announced last November and will affect “all functions, geographies and levels.”
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Perhaps Macworld Expo 2009 will have its “one more thing” after all. In a note to clients this morning, Ezra Gottheil of Technology Business Research speculates that Apple will indeed launch a new product category at Macworld in early January. A netbook.
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Alcatel-Lucent, the world’s largest maker of telecommunications equipment, won’t be quite so large come 2009. This morning the struggling Franco-American network supplier said it plans to sack 1,000 managers and 5,000 contractors in a bid to bring down costs.
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“We love everybody,” Salesforce.com CEO Mark Benioff said recently. “We even love Microsoft…. This is our core strategy, love.” Yes, the SAAS enterprise applications vendor loves everyone, but none more than Google.
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