IBM is buying data storage company Netezza for about $1.7 billion

September 20, 2010 9:02 AM | Crain’s NY Business (AP) – IBM said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers. Netezza’s software and hardware systems are designed to help companies use data about their businesses to make strategic decisions. The […]

NetApp Helps Customers Increase Data Center ROI and Drives Greater Efficiencies for Database Applications With Zero Investment Promise*

(Market Wire Via Acquire Media NewsEdge) SUNNYVALE, CA — (MARKET WIRE) — 09/20/10 — NetApp (NASDAQ: NTAP) today announced its Zero Investment Promise (ZIP) for Database Promotion to assist EMC and HP customers in achieving greater storage efficiencies in their database environments. The promotion enables EMC and HP customers to reduce storage requirements, improve utilization, […]

11 Firms That Overdid the Layoffs

Rick Newman | Sept 17, 2010 | US In the midst of a lot of shocking news, it stood out: In November 2008, Citigroup announced it would lay off more than 50,000 people, or one-seventh of its global workforce. Most companies don’t even have 50,000 employees, and those that do could barely function if […]