You won’t see this happening everyday. The Chip giant buys a security software giant, out of nowhere.

Intel, the biggest chip-hardware player, is buying software/security maker McAfee for $7.7 billion, a huge 60% premium  over yesterday’s market price.

Acquisitions like this one are Really rare in the Tech industry, here’s why:

• Intel bought a company which is almost as big as itself.
• A core Hardware company buying a core security software company.

The Telco equipment manufacturer giant, Nokia Siemens Networks, has agreed to purchase the network equipment division of Motorola for $1.2 billion.

The business proposition is easy: The dying Motorola’s business would prove out to be profitable for Nokia Siemens, as they now achieve #3 spot in Top wireless network vendors in the United States and hence .. Read Further »

In 2006, Eric Schmidt, the CEO of Google, was welcomed to work closely with  Apple to help Steve Jobs unveil a revolutionary phone – the .. Read Further »

Larry Ellison is shopping spree this recession season. The world’ largest Tech acquisition at $7.5 billion has just finished and Oracle is ready for the next step — Governance Systems.

The company that shook the industry, Apple, has now released its Q1 results via webcast revealing performance that is extremely well in almost every product.

Apple CEO Steve Jobs quoted:

“If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company. The new products we are planning to release .. Read Further »

The top chip designers had been in battlegrounds since decades. Finally, Intel and AMD on Thursday said they are willing to settle all the legal disputes including antitrust litigation, for $1.25 billion.

The moment of joy was expressed by AMD CEO Dirk Meyer. He  said the settlement leads both companies will bring a  “new era”  in the chip industry.

Oracle is grabbing huge attraction on it’s annual event: OpenWorld.  This year’s OpenWorld means more to Oracle than it, possibly, ever did. This time the hottest Sun-Oracle deal has grabbed whole Industry’s attraction, which many IT professionals, hope to be a Killer Deal for Open source and Hardware .. Read Further »

Yahoo’s CEO Carol Bartz has not bought harmony to the company. Many Yahoo investors are losing interest and hopes over the brand which was once a word that meant Joy and excitement.

Her credibility has been in question since a while. Investors were amazed when she quoted Yahoo was never a search company.

As per the  Guardian news

According to regulatory filings, Bartz has made two major stock sales in the past nine months – more than $830,000 (£500,000) in March and a further $1.14m in June.

While executives are entitled to sell the options that .. Read Further »

How far can one company go just to beat it’s (stronger) competitor? Hold Weekly meetings?

It turns out Microsoft has been holding weekly “Screw Google” meetings, trying to figure out how to throw roadblocks in front of Google as they continue to dominate the search arena. It’s easy for me to say, but doesn’t it anymake a lot more sense to spend millions of dollars making something that’s actually better than Google rather than simply trying to make them look bad? Why?

The Fact – .. Read Further »

Accenture, being the leader in service industry, had been long driven by customer requirements. But now the era is taking a shift. Accenture, as per Andy Zimmerman is now looking into Product solutions:

“Open source hardware from Bug Labs is helping our company expand in mobile communications software. Now we plan to build solutions for various industries before they come to us. We are shifting the .. Read Further »