Calix, a maker of next generation networking gear is buying Occam networks for $171 million in a stock and cash transaction. The deal values Occam at $7.75 a share — a 27 percent premium over current stock price and includes $3.84 a share in cash. Read More »
CNN Big Tech
During the 90s, Intel made big strides in getting its commodity chips in supercomputers or high performance computing systems that crunch big data. But chips built using the ARM architecture common to cell phones are likely to find a home in HPC in the near future. Read More »
Skyhook Wireless, the company that determines location via surrounding Wi-Fi signals, has sued Google for patent infringement and for interfering with its business. The move is part of an effort to control location data as the mobile web becomes the platform for the next generation of … Read More »
Hewlett-Packard has agreed to buy security software maker ArcSightfor $1.5 billion in cash, as the computer giant tries to expand the range of services it offers corporate clients. ArcSight’s software is used by companies and governments to track and identify suspicious activity on corporate networks. Read More »
Intel is all set for the latest edition of its Intel Developer Forum (IDF), a gathering of its partners and developers. The event starts today in earnest in San Francisco. Along with many announcements, expect details on USB 3.0 and a new chip architecture: Sandy Bridge. Read More »
Video startup BurstPoint Networks is launching with a video delivery suite aimed at distributing high-definition video. The BurstPoint Video Communications Platform, being announced today, was launched as a way for enterprise customers to efficiently deliver video both behind the firewall and over the broader Internet. Read More »
Aster Data, a San Carlos, Calif.-based start-up that develops software for big data applications, says it’s replacing its founder-CEO, Mayank Bawa, with software industry veteran Quentin Gallivan, who previously worked for Pivotlink and Postini. Bawa will switch roles and will be company’s chief customer officer. Read More »
Today is the first day of Mercedes Benz Fashion Week in New York, and an unprecedented number of runway shows as well as interviews with designers are streamed live online. Want to catch a glimpse at what’s coming in spring 2011? Then check out our guide. Read More »
Adobe announced the latest version of its Flash Media Server today, with new features aimed at making it the streaming server of choice for enterprise webcasts. The addition of IP multicast and P2P functionality will open up a whole new market for Adobe in the enterprise. Read More »
Cassandra, the NoSQL software is being blamed for scaling problems being faced by Digg, which led to the yet-unconfirmed departure of Digg VP of Engineering John Quinn, a champion of Cassandra. Still, we hear the social news site isn’t giving up on the software – yet! Read More »
Hewlett-Packard is suing its former chairman and CEO, Mark Hurd, alleging breach of contract and potential misappropriation of trade secrets. Hurd left the company last month, after allegations that he was involved in a number of improprieties related to a human resources consultant the company hired. Read More »