As its recent buying binge–three acquisitions in October, alone–suggests, Cisco’s business is in decent shape these days. Reporting first-quarter results after market close today, the company handily beat Wall Street estimates.
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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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Shares of VMware are on the rise this morning, spiking seven percent thanks to some decent earnings. On Thursday, the virtualization software firm reported a second-quarter profit of 20 cents a share, topping the 19 cents projected by analysts.
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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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You wouldn’t know it from the company’s share price today, but VMware (NYSE: VMW), maker of virtualization software, reported a 150% increase in fourth-quarter profit and an 80% jump in sales to $412 million yesterday. Sadly, investors–presumably the same ones that slapped Apple around after its “best quarter ever”–took a pessimistic view of such growth [...]
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Cisco is calling it its biggest enterprise product launch in 15 years, and given the cloud of hyperbole in which it debuted today the Nexus 7000 data-center switch may be just that.
Like any network switch, the Nexus 7000 controls and directs the flow of data between connected computers. But unlike any network switch, it can [...]
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Its footing in the PC market slipping the way it has been–thanks to a deteriorating reputation for customer service and aggressive rivals–Dell is increasingly turning its attention to storage. In a big way. This morning the company announced plans to acquire storage virtualization outfit EqualLogic for $1.4 billion in cash. If approved by shareholders, the [...]
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Sun Microsystems, whose co-founder and Chairman Scott McNealy once described Microsoft’s Internet Information Server as “the Corvair of Web servers–unsafe at any speed” has become a Windows Server OEM.
Extending a partnership first struck in 2004, Sun will now resell and install Windows on its x86-based servers. For Sun, the deal is a way to drive [...]
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Well, VMware’s definitely going to get a run for its money now. Not 24 hours after the virtualization leader’s spectacular public offering, Citrix Systems said it would purchase open-source server virtualization outfit XenSource for $500 million in cash and stock.
Five hundred million dollars. Quite a sum–especially when XenSource is burning through $15 million a [...]
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