HP

HP buys 3Com for 2.7 Billion Dollars

HP has agreed to its plans to buy router and switching gear maker 3Com for $2.7 billion. This deal will see HP expands its infrastructure portfolio range with 3Com’s routers, Switches and Security products as well it will strengthen the HP position in China thanks to 3Com’s strong presence in China. The transaction is expected to close in the first half of 2010.
The transaction has been sealed at US$7.90 per 3Com share and is yet another example of an acquisition that will present significant competition for Cisco in the networking market, particularly in the data centre space and network convergence.
“Companies are looking for ways to break free from the business limitations imposed by a networking paradigm that has been dominated by a single vendor,” said Dave Donatelli, executive vice president and general manager, enterprise servers and networking at HP, in a statement issued by the vendor.
“By acquiring 3Com, we are accelerating the execution of our converged infrastructure strategy and bringing disruptive change to the networking industry. By combining HP ProCurve offerings with 3Com’s extensive set of solutions, we will enable customers to build a next-generation network infrastructure that supports customer needs from the edge of the network to the heart of the data centre,” he added.
HP points out that the purchase of 3Com will bring strong security capabilities through the vendor’s TippingPoint portfolio. It also states that thanks to extensive testing of 3Com products, it is planning to complete the global roll-out within HP soon after completion of the acquisition.
Let’s see how successful this acquisition will be in terms of capturing the market share from the lead player like Cisco Systems.

According industry group’s latest report, Data centre’s cooled too much!

According to the new study done tje by leading industry group, almost all Data Centers are cooled to a temperature lower than the required temperature for the normal operation of a Data Center.

The group comprised of representatives Intel, IBM, Liebert, HP and the Lawrence Berkeley National Lab, found almost all Data Centers in a survey of the US Data Center Users Group were cooled much below temperature than the recommended temperature of 27°C.

The recommended temperature for the Data Centers of 27°C was proposed by American Society of Heating, Refrigerating and Air Conditioning Engineers (ASHRAE).

The study also estimates the potential energy savings that could be achieved if data centres could be operated closer to the recommended limit as being as high as 90% energy savings for CRAHs.

The report can be downloaded here.

HP has announced that it will cut another 6,000 jobs, following poor second quarter results.

I was just browsing the regional technical portal and came to know that HP is cutting another 6,000 jobs due to poor second quarter results.  The second quarter results dropped by 17% from the same quarter last year, to $1.7 billion. which forced the giant company like HP to axe 6000 more jobs. The economic crisis has forced many companies to cut down their investments, research plans etc. which is going to affect the industry in coming decade, if the world failed to come out of this economic crisis.

Mark Hurd, HP chairman and CEO commented: “Disciplined focus on operational efficiencies and execution drove record cash flow. Our services business continued to deliver strong profitability with an increased deal pipeline and the EDS integration tracking ahead of schedule.”

More at  http://www.itp.net/index.php?option=com_content&view=article&id=556313&newsletter=1  http://www.damiansaunders.net

GITEX 2008 is officially inagurated by H.H. SHEIKH MOHAMMED BIN RASHID AL MAKTOUM

UAE Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has opened this year’s GITEX TECHNOLOGY WEEK amidst great expectations of a week of announcements and knowledge exchange.

Dear Friends GITEX happens to be the biggest technological exhibition or fair in this part of world. If you happen to be in Dubai I would strongly suggest to visit GITEX 2008.

More than 3,300 companies from 83 countries are exhibiting at this year, including major international companies such as Blackberry, Dell, Du, Etisalat, Google, HP, Microsoft, Oracle, Panasonic, Samsung, Sharp, Sun Microsystems and Symantec, according to organisers the Dubai World Trade Centre.

GITEX 2008 is open from 1pm to 7pm on Oct. 19, 10am to 7pm on Oct. 20-22 and 10am to 5pm on Oct. 23. The exhibition is open to trade and business professionals only.