Qualcomm has agreed to sell its Omnitracs fleet management subsidiary, one of its first businesses and one of the earliest vehicle information networks, to a private equity company for US$800 million in cash.
Hewlett-Packard reassigned Enterprise Group chief Dave Donatelli on Wednesday as it reported an 8 percent decline in revenue for its fiscal third quarter, saying all of its major divisions except software brought in less money than a year earlier.
Employees of the security company that Cisco bought last month for $2.7 billion won't be affected by planned belt-tightening, Cisco says.
Cisco disclosed the “rebalancing” plan during a conference call to discuss financial results.
Cisco Systems continues its push to transcend its networking roots and become the world's top IT company.
Facebook wants to use a new type of flash for long-term storage of data such as photos and videos.
3D V-NAND, a new technology for packing more data into flash chips, will dramatically increase the number of PCs and enterprise storage systems that use flash in the next decade, a Samsung Electronics executive said Tuesday.
The newly formed Storage Products Association aims to raise the profile of spinning disks amid a flash craze.
New NAND flash components fit more data into the same space, which reduces power consumption and per-gigabyte cost. The catch: Flash gets slower and more error-prone when it gets that dense
Nokia finished its buyout of Nokia Siemens Networks on Wednesday and renamed the company Nokia Solutions and Networks, or NSN.
More cloud vendors are adding backup to the choices they offer customers, letting enterprises that embrace the cloud for applications, computing and storage also go there for business continuity.
Enterprises that rely on cloud-based services are getting more options for falling back on another cloud if necessary.
PernixData, a startup founded by VMware veterans, says its software can turn server-based flash storage into a resource shared across a standard VMware cluster of as many as 32 systems.
The Massachusetts Institute of Technology never sought a federal prosecution of Aaron Swartz, the programming prodigy who was charged with stealing millions of academic papers from an online archive at MIT, according to a report by the institute.