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11/20/2008 07:00 PM
Egypt's Orascom Sells Non-Core Business for $180m
Egypt-based mobile operator Orascom Telecom has agreed to sell its OrasInvest arm to Abu Dhabi Investment for $180m as part of its plans to outsource non-core activities.
11/20/2008 07:00 PM
SAP Opens Lab for Public Security Products
SAP has opened a new research lab in Darmstadt, Germany to give public security agencies the opportunity to preview and collaborate on security research projects.
11/20/2008 07:00 PM
Symantec Offers Cloud Services for Data Center Protection
Symantec has announced a cloud computing-based online services platform to help organizations identify hidden risks in their data centers.
11/20/2008 07:00 PM
IBM Wins $130m Fluor Contract Extension
IBM has won a three-year $130m contract extension from US engineering and construction company Fluor to continue to provide IT outsourcing services to Fluor locations in 74 countries.
11/20/2008 07:00 PM
Yahoo Provides Search for T-Mobile Web2go
Yahoo has announced that its oneSearch product will be offered as the default platform for mobile internet searches on T-Mobile's new Web2go service to allow web browsing through a customizable home page.
11/20/2008 07:00 PM
Sonic Solutions Acquires CinemaNow for $3m
Digital media software provider Sonic Solutions has acquired California-based online entertainment company CinemaNow for $3m. Sonic already includes CinemaNow's content delivery system in its Qflix DVD drives.
11/20/2008 07:00 PM
Steria Awarded $75m UK Land Registry Deal
France-based IT services provider Steria has won a five-year 59m euro ($75m) contract from the UK Land Registry to provide managed services for the organization's Distributed IT Infrastructure, DITI, and Extranet service, which serves over 8,000 staff across England and Wales.
11/20/2008 07:00 PM
SoftBrands Provides Lodging-Management for US Air Force
Enterprise application software firm SoftBrands has won an eight-year $27m contract from the US Air Force Services to provide enterprise applications for its 95 on-base transient lodging operations in 13 countries.
11/20/2008 07:00 PM
Sony Found Guilty of Agere Patent Infringement
Sony has lost a patent infringement suit against Delaware-based Agere Systems. The Texas Federal court has ruled that Sony infringed Agere's patent and has awarded Agere $18.5m compensation.
11/20/2008 07:00 PM
AT&T Opens Singapore Internet Data Center
AT&T has opened an internet data center in Singapore as part of a $1bn investment to increase its hosting capacity at 38 data centers worldwide.
11/20/2008 07:00 PM
Xerox and HCL Form Print-Management Alliance
Xerox and Indian IT services provider HCL Technologies have announced an alliance to combine Xerox Office Services and systems with HCL's desktop management and infrastructure expertise to help enterprises gain control of printing, copying, and other document-related costs.
11/20/2008 07:00 PM
Akamai Cuts Over 100 Jobs
Web content delivery company Akamai has announced plans to cut 7% of its workforce, 110 employees, in the fourth quarter as part of a restructuring to save costs.
11/20/2008 07:00 PM
SAIC Wins $115m US Navy Contract
Science Applications International Corp has won a five-year $115m contract from the Naval Sea Systems Command to provide professional services for an ERP system.
11/20/2008 07:00 PM
Intuit Q1 Loss Widens
Business and financial software company Intuit has reported a first-quarter net loss of $52.14m against a loss of $20.8m in the year-ago quarter, on revenue up 8% at $481m.
11/20/2008 07:00 PM
Leader Sues Facebook
Web collaboration platforms developer Leader Technologies has filed a patent infringement lawsuit against social networking company Facebook in the US District Court of Delaware.
11/20/2008 07:00 PM
AnalystWatch: IBM Embraces Solid-State Storage
In August IBM demonstrated the results of Project Quicksilver, which involved the transfer of data using Flash solid-state technology along with IBM’s storage virtualization functionality.