Lenovo sees fourth-quarter results slip

All the week's financial news, 06/08/05
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Network World's Financial News Alert

Lenovo sees fourth-quarter results slip, 06/08/05

Lenovo Group, the world's third-largest PC vendor, Wednesday
reported that its revenue and profit slipped during the fourth
quarter of its financial year.
<http://www.networkworld.com/nlfinancialnewsa2438>

SourceLabs hires open source luminary Perens, 06/08/05

Open source advocate Bruce Perens has a new job. He's taken the
role of vice president of developer relations and policy with
open source start-up SourceLabs.
<http://www.networkworld.com/nlfinancialnewsa2439>

Sprint appoints head of its local division, 06/07/05

Sprint Tuesday named Daniel Hesse as CEO of its Local
Telecommunications Division.
<http://www.networkworld.com/nlfinancialnewsa2440>

Sun nabs StorageTek in blockbuster, 06/06/05

Looking to stem losses and significantly boost its data
protection, management and storage wares, Sun last week dug deep
and acquired Storage Technology (StorageTek) for $4.1 billion.
<http://www.networkworld.com/nlfinancialnewsa2441>

Gaining speed, Citrix buys NetScaler, 06/06/05

Citrix last week said it would acquire application acceleration
hardware vendor NetScaler for about $300 million in cash and
stock.
<http://www.networkworld.com/nlfinancialnewsa2442>

Qwest seen having eyes for XO, 06/06/05

Qwest eyeing XO as a possible acquisition?
<http://www.networkworld.com/news/2005/060605-qwest-xo.html?nl>

Q&A: Red Hat's CEO sees no need for acquisitions, 06/03/05

If anyone can be called an evangelist of the commercial value of
open source software, it's Matthew Szulik, CEO of Red Hat. He
has guided the company to profitability as other Linux startups
have gone down in flames around him, all the while managing ...
<http://www.networkworld.com/news/2005/060305-redhat-qa.html?nl>
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Contact Online News Editor Jeff Caruso at
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This newsletter is sponsored by Oracle
Are you plugged into the Grid?

The search for cheaper, better application environments is
prompting companies to plug into a grid--grid computing, that
is. This "virtualized" approach to running critical software
lets companies harvest underutilized computing power and respond
faster to business-process change. But you don't just flip a
switch. Learn why from IDC analyst Dan Kusnetzky.
http://www.fattail.com/redir/redirect.asp?CID=106157
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