CRN Channel News

  • Citrix Acquires Expertcity For Some $225 Million In Cash And Stock
    Citrix Systems took a strong step toward its goal of becoming a billion-dollar software company by announcing the acquisition of Expertcity, maker of Web-based desktop access, training and customer-assistance products. The deal cost Citrix approximately $225 million in cash and stock, with an additional $12 million in stock to be paid to Expertcity stockholders once the combined company achieves certain unspecified financial milestones.
  • Wendover Index Up, But Some Remain Cautiously Optimistic
    In the latest indicator that tech spending is poised to continue to rise in 2004, the new Wendover-Global Insight IT Spending Index increased 19 percent in October over that of the entire third quarter. The forecast, released Thursday, Dec. 18, rides on the heels of the 10 percent increase in the Wendover-Global Insight IT Spending Index during the third quarter over the April-to-June period of this year.
  • Intel Promotes Channel Exec to VP
    Sophia Chew, who took over as general manager of Intel's Reseller Channel Operation earlier this year, was one of fourteen executives promoted to the post of vice president Thursday, according to the company.
  • IM Acronyms Gain In Business
    Want further proof that instant messaging is becoming an integral part of business culture? Look no further than a survey corporate IM vendor Omnipod conducted recently to find out what kinds of acronyms are gaining steam among business IM users.
  • Qwest To Add 700 POPs With Purchase From Allegiance Telecom
    Qwest Communications International announced Thursday that it has signed an agreement to purchase network assets and associated revenue streams from Chapter 11 communications provider Allegiance Telecom. The move would increase Qwest's Points of Presence (POPs) by nearly 700 and would give Qwest assets in 31 new metro markets.
  • Files For IPO
    In a sure sign the IPO market is again warming up, on Thursday filed the papers for an initial pubic offering with the U.S. Securities and Exchange Commission. The San Francisco company has generated a fair amount of buzz around its CRM software delivered as a service over the Internet.
  • Latest Jobs Data Show Signs Of Improvement
    First-time claims for unemployment insurance dropped sharply the week ending Dec. 13, according to the U.S. Department of Labor. The news, released Thursday, is a reassuring sign that the labor market is slowly, but steadily, improving as the economy grows.
  • Cognos Posts Big Revenue Gain
    Despite what one executive describes as a tough selling environment, Cognos Wednesday reported a 25 percent year-over-year surge in revenue for its third quarter. The vendor's financial results got a $16 million boost from its new ReportNet enterprise-reporting software that became generally available in September.
  • Optimal J To Offer Controls for Visual Design Tool

    BEA, Compuware Deal Adds Modeling To Workshop
    BEA Systems plans to unveil Thursday a deal with Compuware that will add modeling capabilities to BEA's WebLogic Workshop tool, executives from both companies said.
  • JBoss Group CEO Calls For Partner Assistance
    JBoss has emerged as a popular open-source application server platform over the past several years. But that popularity has also given rise to the need for professional services to support the platform. To fill that void, Marc Fleury founded the JBoss Group in 1999. In an interview with CRN Editor-in-Chief Michael Vizard, the JBoss Group CEO explains why the JBoss Group needed to shore up the JBoss certification process to further the acceptance of its platform while making sure companies don't devalue the JBoss brand.
  • Microsoft Announces Solution Accelerator For Sarbanes-Oxley
    Microsoft on Wednesday announced it will offer software that will help public companies comply with pending requirements related to the financial disclosure and monitoring of internal controls. The company said it will release its Microsoft Office Solution Accelerator for Sarbanes-Oxley in March.