CRN Channel News

  • Gateway To Acquire eMachines
    A declining Gateway Inc. will acquire an ascending eMachines Inc. for about $235 million, in a deal that will keep the Gateway brand and bring in eMachines' Wayne Inouye as the new chief executive officer of the merged company.
  • PeopleSoft Posts Record Quarter
    PeopleSoft on Thursday posted record fourth quarter and full-year revenue, although charges related to its J.D. Edwards acquisition caused net income to plummet 70 percent.
  • Digital River Sees Revenue Climb
    Digital River on Wednesday reported revenue of $27.1 million for the fourth quarter ended Dec. 31, 2003, for a year-over-year increase of 26 percent, as the software services firm continues to thrive in a post-dot com IT industry.
  • Distributor turns year-ago loss into profit

    Avnet Revenue Increases 9 Percent
    Avnet earned $8.9 million, or 7 cents per share, in the second fiscal quarter ended Dec. 31, 2003, compared with a loss of $58.7 million, or 49 cents per share, in the year-ago quarter.
  • Non-Branded PC Market Positioned For Growth
    Non-branded PC makers, who control more than a quarter of the desktop market, are in position to take advantage of an improving economy to boost their share of notebooks and servers sold in the U.S., a market research firm said Thursday.
  • Oracle Continues Its Push Toward Unification
    Oracle kicked off its AppsWorld showcase with several announcements designed to enhance the way its customers organize and manage their applications and appliances. The company also unveiled a new user-based pricing plan for customers that employ outsourcing.
  • HP Could Use Opteron In ProLiant Servers
    The ongoing battle over 64-bit computer technology--who's best, Intel or AMD?--is ratcheting up a notch, with reports that Hewlett-Packard will soon unveil a ProLiant machine or machines sporting Advanced Micro Device's Opteron inside. To date, HP has relied exclusively on Intel processors for its ProLiant family.
  • <I>CRN</I> Interview: Corio CEO George Kadifa
    As outsourcing gains momentum, hosting companies have been seeing an increase in revenue. Corio, for example, reported revenue of $68.7 million for its 2003 fiscal year, a 22 percent increase over the $56.1 million in sales it posted in 2002. The San Carlos, Calif.-based company's losses fell to $12.9 million for the year, compared with a $34.8 million loss in the previous year. Corio CEO George Kadifa outlined his plan for making the channel a stronger part of the hosting provider's overall go-to-market strategy in an interview with CRN Editor In Chief Michael Vizard.
  • SeeBeyond Earnings Beat Street By a Penny
    Integration software vendor SeeBeyond posted a slight profit in the fourth quarter, beating Wall Street estimates and its own revised expectations by a penny per share.
  • Veritas Lays Out Precise APM Product Road Map
    Veritas Software Wednesday detailed the road map for its Precise Software i3 application performance management (APM) suite including the rollout of a J2EE Adaptive Instrumentation add-on in February.
  • Researcher: SMBs Wary Of Depending On Microsoft
    Microsoft Corp. has failed to win the hearts of a significant portion of small and midsize businesses that remain wary of the software maker despite it's huge push to sell them run-the-business applications, a market research firm said Wednesday.