Vendor earnings, market research reports and the International CES in Las Vegas this week highlighted the hardware arena, which appears to be a tale of two sectors with very different fates: PCs and mobile devices.
The International CES is packed to the rafters with the latest in shiny, often expensive high-tech gadgets, so it's no surprise that theft is a problem for companies exhibiting at the show.
As the economy improves and at least some of the concerns about the so-called U.S. "fiscal cliff" are resolved, desire for new mobile, analytics, and storage technology will drive IT spending this year, according to market researchers and economists.
Imation, a storage and data security company, has acquired Nexsan, a vendor of disk-based storage systems, in a deal worth about US$120 million, the company announced.
Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December.
HP said in a legal filing last week that the U.S. Department of Justice is investigating its $10.3 billion acquisition of enterprise search company Autonomy, which HP alleges inflated its value through accounting tricks.
Earlier reports that Google was paying $400 million to buy a Wi-Fi access provider turned out not to be true, as a fake press release was posted on a PR website.
With a $500,000 investment, HP joins Samsung and others with a seat on the Linux Foundation's board of directors.
This brand-new crowdfunding platform is targeted specifically at software developers.
Groups of companies in the same industry could pool infrastructure resources to help each other mitigate the effects of cyberattacks and work together on security issues, a senior official in the U.S. Department of Homeland Security suggested on Friday.