Symantec to buy Sygate

All the week's financial news, 08/17/05
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Network World's Financial News Alert

Symantec to buy Sygate, 08/16/05

Symantec announced it intends to acquire Sygate Technologies,
which makes network access-control and endpoint-protection
policy-enforcement products, for an undisclosed price.
<http://www.networkworld.com/news/2005/081605-symantec.html?nl>

HP Q3 revenue a pleasant surprise, but income sags, 08/16/05

HP's third-quarter results received a boost from tax benefits,
but the company also exceeded analysts' expectations for revenue
on strong server sales growth.
<http://www.networkworld.com/news/2005/081605-hp-q3.html?nl>

Verizon may get discount in MCI acquisition, 08/16/05

Verizon may pay up to $0.21 less per share for telecom rival MCI
because of MCI liabilities, according to a document Verizon
filed with the U.S. Securities and Exchange Commission Monday.
<http://www.networkworld.com/nlfinancialnewsa5341>

Union keeps working at Qwest without contract, 08/15/05

About 25,000 members of the Communications Workers of America
remained at work at Qwest Monday even though the union's
contract with the telecom provider expired Sunday.
<http://www.networkworld.com/nlfinancialnewsa5342>

GDC looks to rebound from years of trouble, 08/15/05

Remember General DataComm? Maybe not. Founded in 1969, GDC was
big back in the days of modems, multiplexers and ATM, but then
hit hard times and had to sell off three of its four divisions
to survive bankruptcy. Now the largely forgotten company ...
<http://www.networkworld.com/news/2005/081505-gdc.html?nl>

Sprint, Nextel close merger deal, 08/12/05

Sprint and Nextel on Friday formally closed the merger they
announced last Dec. 15, forming a mobile telecommunications
behemoth called Sprint Nextel.
<http://www.networkworld.com/nlfinancialnewsa5343>

Overland Storage snaps up Zetta Systems, 08/10/05

Overland Storage this week announced that it has acquired Zetta
Systems in a $9 million all-cash deal.
<http://www.networkworld.com/news/2005/081005-overland.html?nl>

Lenovo Q1 results shine, after adding IBM deal, 08/10/05

Lenovo Group Ltd. posted better than expected earnings for its
first quarter ending June 30, adding figures from the PC
business it acquired from IBM Corp. in May for the first time.
<http://www.networkworld.com/nlfinancialnewsa5344>

The top 5: Today's most-read stories

1. Cisco to juice 6500 switch
<http://www.networkworld.com/nlfinancialnewsa5345>

2. Google goes berserk
<http://www.networkworld.com/nlfinancialnewsa5346>

3. Test: CipherTrust tops encryption field
<http://www.networkworld.com/nlfinancialnewsa5347>

4. IT staff shortage looming
<http://www.networkworld.com/nlfinancialnewsa5348>

5. Cisco to double Catalyst 6500 switch capacity in coming
months, report says
<http://www.networkworld.com/nlfinancialnewsa5349>

Today's most-forwarded story:

Cisco to juice 6500 switch
<http://www.networkworld.com/nlfinancialnewsa5350>
_______________________________________________________________
To contact:

Contact Online News Editor Jeff Caruso at
<mailto:jcaruso@nww.com>
_______________________________________________________________
This newsletter is sponsored by Nokia
Empower Your Mobile Enterprise

Nokia believes that business mobility will fundamentally change
the way work gets done-and for the better. To allow the entire
organization to get the most from this paradigm shift in
productivity, Nokia Enterprise Solutions focuses on delivering
increased efficiency through enhanced mobility. Learn more by
downloading this white paper today!
http://www.fattail.com/redir/redirect.asp?CID=110450
_______________________________________________________________
ARCHIVE LINKS

Latest earnings news:
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http://www.networkworld.com/topics/vendornews.html
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