Should investors lay IBM’s current problem’s at Ginni Rometty’s feet or is her predecessor Sam Palmisano truly to blame? While investors are busy finger-pointing, IBM’s global services division declined another 2%.
But it wasn’t all bad news for big blue, they acquired a company to help bolster their “Connections” platform and another news source is touting just how good Watson is at suggesting cancer treatments.
Meanwhile in Japan, Toshiba is still struggling to sell off their memory chip business in a last-ditch effort to keep the company afloat and NTT quietly invested in NoSQL database provider MarkLogic.
- IBM Acquires XCC Digital Work Hub to Strengthen IBM Connections
Armonk, NY-based IBM acquired the XCC technology from its partner, Cologne, Germany-based TIMETOACT GROUP. XCC is a digital workplace hub that IBM officials said will create a “single destination” personalized homepage for employees. The company made the announcement at its DNUG44 collaboration conference in Berlin this morning.
XCC’s hub will be renamed the IBM Connections Engagement Center and will live under the portfolio of IBM Connections, IBM’s enterprise collaboration suite that competes with the likes of Microsoft, Slack and Atlassian.
- Micro Focus’ $8.8bn software acquisition approved by investors
The approval for the $8.8bn deal comes only weeks after Micro Focus issued a damaging warning on its growth prospects because of a slowdown in sales at the former Hewlett-Packard assets.
The investor meeting, held near St Pauls in London, was attended by only one shareholder. Approval for the multibillion merger and a $500m return of cash to shareholders was passed without objection in less than 10 minutes. The vote was passed with a 99.9 per cent approval.
- Dell further ties itself to VMware
Initial reports set the price at $67 billion, but Dell now says it was just over $58 billion. Either way, a good portion of the funding was borrowed.Selling off VMware – at its current market cap of about $34 billion – would certainly change the math, but so too would losing VMware’s future potential contributions.
VMware still functions as its own publicly traded company, as it did under EMC, but it is now majority-owned by Dell Technologies. And unlike other parts of Dell’s new empire, VMware is growing at 10 percent a year.
- Intel CEO explains why he spent $15 billion on Mobileye
Krzanich said that someday “if you get a ransomware or some kind of virus on one portion of the device,” Intel will not only have backups, but they could “refresh your car on the fly.” While he acknowledged that there are some potential privacy concerns, Krzanich believes that connected cars will be “much safer.”
“In order for those cars to drive, they do have to look,” said Krzanich about self-driving cars. “There’s a lot of social good that can come out of this.”
- NTT Data announces strategic investment in NoSQL database provider MarkLogic
MarkLogic positions itself as a database system for integrating data from various data silos, something that’s a growing problem for large enterprises as they look into how they can get the most value out of their data. Over the years (and often because of acquisitions), different groups in a company often use different database systems, and now they are looking for ways to bring all of this information together again. Typically, the way to do that is by bringing that data into a schema-less NoSQL database, which is where MarkLogic comes in.
- Toshiba Fights to Clear Way for Chip-Unit Sale
Toshiba said it would transfer the joint venture back to the core Toshiba group, and remove that part of its chip unit from a sale. The company says the joint venture includes manufacturing equipment, but not the key NAND flash manufacturing processes or the plants or engineers in Japan.
The move defuses Western Digital’s claim that the sale of the chip unit to a third party would be a breach of its joint venture rights, Toshiba’s lawyers said in a letter dated Wednesday.
- MongoDB Taking Share From Oracle In $40 Billion Market
When you take into account the full cost to a company, MongoDB offered an irresistible bargain. “We believe that the cost of the software should equal that of the hardware. We typically charge $5,000 per server per year for the software to run on a server that costs about $5,000. Our competition charges hundreds of thousands of dollars per server-year plus $50,000 a year in maintenance and their software runs on $10,000 servers,” said Schireson.
Regrettably, MongoDB declined to provide revenue growth details. But its headcount growth suggested that demand for the product was soaring. Schireson argued, “When I joined as CEO in 2011, the company had 20 employees. That went to 100 by the end of 2011 and 200 by the end of 2012. [As of October 2013] we have 320 people and expect to end the year at between 350 and 400. And we plan to add 200 more in 2014. We now have 600 customers.”
- IBM believes that hybrid cloud is the future of computing
“When we work with private and public clouds on workload assessment, customers think of what would go Hybrid. We do studies and assessment with our customers every day. So, there is no doubt or question in our mind that hybrid is the way to go,” Vikas Arora, Cloud Business Leader for IBM India and South Asia, told IANS.
He said IBM believes that it has the best of enterprise cloud and hybrid is a very core capability that it has, adding that there is a need of a global footprint of datacenters.
- Red Hat director talks Reactive and changing middleware layer
Sharples also shared his opinion on how the middleware layer is changing, such as the shift away from enterprise service buses (ESBs). The ESB, he said, became a burden in the eyes of many software administrators who saw it as a single “choke point” and potential source of universal failure.
“It became that part of your application code was now embedded within this infrastructure,” Sharples said. “So, it didn’t provide a good separation of concerns.”
- HPE meets lowered expectations as execs insist worst is over, but investors not so sure
HPE’s results were expected to be dismal, and the company surprised no one with earnings that met Wall Street expectations on a 13 percent plunge in revenue compared to the same quarter last year. About the only positive news was that net revenues of $9.9 billion slightly exceeded consensus estimates of $9.64 billion, and that the company reaffirmed its earnings guidance for the rest of the year.
Exact comparisons to last year’s figures aren’t practical because HPE completed the sale of its services business to Computer Sciences Corp. just last month, shedding 100,000 employees in the process. In after-hours trading, the stock declined a little more than 2 percent.
Photo: Hermes Rivera