• FusionStorm Buys CAT Technology

    Solution provider FusionStorm (VARBusiness 500 rank #469) has acquired CAT Technology, a northern California technology integrator that had run into financial obstacles, according to John Varel, FusionStorm chief executive officer. The deal is unusual in that a smaller company is buyer a larger one: FusionStorm generated about $32 million in annual sales while CAT posted annual sales of roughly $50- to $55 million, Varel told VAR Business.

  • Linux A Top Concern At Microsoft Meeting

    It doesn't top the official agenda, but as government leaders converge at Microsoft Corp. for an annual conference, one of the company's major competitors - Linux - is likely to be on executives' minds.

  • Visio 2003 Heads Toward Beta

    Microsoft Visio 2003, available next month for beta testing, aims to broaden the diagramming product's appeal to nontechnical business users.

  • Roxio Acquires Pressplay Online Music Service

    Digital media software vendor Roxio said Monday that it acquired the online music service Pressplay, which it plans to use as the foundation for a new Internet-based music service under the Napster brand.

  • IBM Expands Integration Offerings

    IBM on Tuesday plans to expand the reach of its integration software offerings with a plethora of new solutions tailored for individual vertical industries such as financial services, insurance, automotive and retail. In addition, Big Blue will be rolling out new versions of its event broker and message broker middleware.

  • Introducing CompUSA's Connectivity Concierge

    CompUSA has taken a whack at becoming a VAR for the small-business market before. Now it seems it's at it again. The tech retailer/VAR is in the early stages of setting up a program to sell networking solutions to homeowners, home developers and small businesses. Dubbed the "Digital Living" program, the tech-design center is now piloting successfully in two stores, providing sales of and information about hardware, software, Internet access and connectivity, networking, home-theater and audio solutions, and biometric door locks.

  • Cybercrime Tsunami

    It's not safe to travel on the Information Highway anymore. Calculated cybercrimes and random acts of vandalism are rising meteorically. Damages caused by the most successful individual attacks are estimated in millions,even billions,of dollars. (See "Virus Damage Estimates," page 44.) Analysts estimate that virus attacks alone caused $17 billion in damages during 2002, according to Tom Slodichak, chief security officer for security consultancy WhiteHat. And viruses are only a part of the scary picture.