Good news about the economy along with upbeat statements from industry leaders and market researchers are helping to instill confidence in the tech sector.
With quarterly IT sales results pouring in, vendors appear more confident than ever that the global recession is lifting.
Cisco will acquire Starent Networks for $2.9 billion, the companies announced Tuesday.
Google discussed its various forays into different areas of technology Wednesday at a media roundtable at its New York headquarters.
Economic concerns put pressure on stocks in all sectors this week, but tech news continued to stoke investor hopes for an imminent recovery for IT.
Optimism about IT helped boost stock exchanges to 2009 highs this week.
EBay Tuesday announced it has signed an agreement to sell its Skype voice-over-IP service to a group of private investors.
Citing stronger-than-expected demand for processors and chipsets, Intel Friday raised guidance for third quarter revenue.
PC-maker earnings confirm sales declines for the second quarter, but vendors underscored signs of a recovery in technology for the second half of the year.
The Publicis Groupe will acquire the digital marketing agency Razorfish from Microsoft in a deal valued at about $530 million.
Windows 7 will always come with Microsoft's browser, but European users will get a "ballot" to switch, answering antitrust challenge.
Acquisitions, partnerships and earnings from some of the biggest names in technology roiled the markets this week.
LM Ericsson has won the bidding war over the wireless assets of Nortel Networks, agreeing to pay US$1.13 billion.
With tech bellwethers reporting financial results, industry watchers are feeling more secure about the second half of the year.