 |
Taiwan-based Alpha Networks Posts Q4 Revenue of $155 Million
Taiwan-based Alpha Networks, a leading OEM/ODM network equipment supplier, reported Q4 2009 consolidated revenue of NT$4,927 million (US$154.9 million), an increase of 1.6% QoQ. Net income was NT$316 million, an increase of 38% QoQ, and EPS after tax was NT$0.68.
Revenue by product categories was as follows: LAN/MAN accounts for 44%, Wireless at 32%, Broadband
plus VoIP at 12%, Digital Multimedia at 10%, and others at 2%....
>
More
|
|
| |
CA to Acquire Nimsoft for $350 Million
CA agreed to acquire privately-held Nimsoft, a provider of IT performance and availability monitoring solutions, in an all-cash transaction valued at $350 million.
Nimsoft has developed monitoring and reporting solutions for public cloud and on-demand offerings like Google Apps for Business, The Rackspace Cloud, Amazon Web Services and EC2, Salesforce.com, as well as internal applications, databases, and physical and virtual server environments.
The Nimsoft Unified Monitoring solution allows managed service providers (MSPs) to gain visibility into the performance and availability of their customers' business applications across both internal and external IT infrastructures.
CA said the Nimsoft acquisition significantly extends its ability to meet the unique IT management needs of emerging enterprises and MSPs, both of which are playing leading roles in the growth of cloud computing.
The deal follows CA's recent acquisitions of Cassatt, NetQoS and Oblicore and the planned acquisition of 3Tera.
Nimsoft is based in Redwood City, California....
>
More
|
|
| |
Marvell Posts Q4 Revenue of $843 Million, up 5% Sequentially
Marvell Technology posted net revenue for the fourth quarter of fiscal 2010 of $843 million, a 64 percent increase from $513 million in the fourth quarter of fiscal 2009, ended January 31, 2009, and a 5 percent sequential increase from $803 million in the third quarter of fiscal 2010, ended October 31, 2009.
Net revenue for the fiscal year ended January 30, 2010 was $2.81 billion, a decrease of 5 percent over reported net revenue of $2.95 billion for the fiscal year ended January 31, 2009.
GAAP net income was $205 million, or $0.31 per share (diluted), for the fourth quarter of fiscal 2010, compared with a GAAP net loss of $65 million, or $0.11 per share (diluted), for the fourth quarter of fiscal 2009. GAAP net income in the third quarter of fiscal 2010 was $202 million, or $0.31 per share (diluted).
"The results for our fourth quarter and fiscal year bring to a close one of the most challenging but successful years for Marvell," said Dr. Sehat Sutardja, Marvell's Chairman and Chief Executive Officer. ...
>
More
|
|
|
Prior to assuming the role of interim CEO in January 2010, Jim Ousley had served as non-executive chairman of Savvis since May 2006 and as a director since April 2002. In 2001, he was a founder of Vytek Wireless Corporation and was president, CEO and a director until 2004. In addition, Ousley previously served as CEO and president of Syntegra, a wholly-owned subsidiary of BT Group. He also served as president and CEO of Control Data Systems, prior to its acquisition by Syntegra.
