In a merger that will add more deep technology experience to its ranks, information technology research firm Gartner is buying tech research firm META Group for $162 million in cash. The Stamford, Conn.-based companies made the announcement Monday. Gartner said it would use cash on hand to pay the $10 per share purchase price, plus […]
UPDATED:The number of home and business broadband lines in the United States jumped 15 percent to 32.5 million during the first half of 2004, according to new data released by the Federal Communications Commission (FCC). The adoption rate was off slightly from the preceding six months, when broadband lines soared 20 percent, from 23.5 million […]
Covad has rolled out VoIP service for small and medium businesses (SMBs) in 14 new markets, including New Orleans, Orlando, Fla., and Salt Lake City. The San Jose, Calif., company said its SMB VoIP service is now available in 71 markets, with plans to grow to 125 markets by year’s end. Covad’s vPBX product works […]
BOSTON — The federal government must have regulatory authority over VoIP if the technology is to develop quickly and uniformly in the United States, Federal Communications Commission (FCC) Chairman Michael Powell said today. “The first step is to establish federal jurisdiction,” Powell said in his keynote at the VON 2004 trade show here, adding that […]
PORTSMOUTH, N.H. — The IT economy is vastly improved from the depths of the downturn, but there are concerns that the recovery is stalling in some sectors, executives said at the Future Forward conference here today. “Our business started picking up at the end of 2003,” Mary Puma, CEO of semiconductor equipment firm Axcelis Technologies […]
Motorola said it would cut 1,000 jobs, a move prompted by the spinout of its Freescale Semiconductor subsidiary. The company expects to pay $50 million in severance from the beginning of the third quarter of 2004 through the first quarter of 2005 as part of the plan, which impacts about 1 percent of the company’s […]
As network attacks become more frequent and complex, large corporations and government agencies are turning to outside contractors for security. If the trend holds, enterprises will outsource 90 percent of security operations by 2010, driving the market for managed security services to $3.7 billion, according to a new study from the Yankee Group. The total […]
Stung by an accounting debacle and sector slump, Nortel will lay off 3,500 employees, or 10 percent of its workforce, as part of a sweeping restructuring to put the company back on track. The telecom equipment maker will put greater emphasis on providing gear for large corporations and government agencies that are moving to converged […]
The 2004 Summer Olympics in Athens can be the test of a lifetime for IT companies tapped to provide support for the athletic competition. Among the numerous responsibilities they have include updating results and athlete information on the Athens 2004 Web site; supporting the 21,500 reporters covering the events; and linking up the 61 venues […]
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