Channel Strategies for the CIOEMC buys document management company
EMC announced today it is buying Document Sciences Corp.,Requires Free Membership to View
a Carlsbad, Calif.-based company whose xPression suite of document output management products are built on a services-oriented architecture (SOA) and include components for design, composition, processing and delivery of documents. EMC's says the acquisition, for which it will pay $85 million, will add high-volume workflow, records management, image and document capture and business process management to EMC's current menu of document products. After the acquisition, Document Sciences will be formed as a business unit within EMC's content management division.
SCO delisted from Nasdaq
The Sco Group Inc. has announced that it received notice that its stock was being delisted from Nasdaq. The letter, dated Dec. 21, said the Nasdaq stock market will suspend trading of SCO stock as of today. The company's stock closed yesterday at 18 cents; per-share prices have been below a dollar since mid-August. 12/27
IDC predicts 10 major storage trends for 2008
IDC has released its list of predictions for the storage market for 2008. Among the forecasts:
New Firefox 3 beta available
Mozilla.org has released the second beta edition of Firefox 3, the latest update of the most popular non-Microsoft Web browser for Windows. The new version has better protection against malware, stricter SSL error descriptions, a built-in antivirus program in its download module, protection against cross-site data leaks caused by its handling of Javascript Object Notation, and version checking for insecure plugins. It also includes a range of ease-of-use enhancements including password manatement and installation, more personalization options, performance improvements and more effective prevention of memory leaks. 12/26
SEC site makes it easy to compare CEO salaries
The Securities and Exchange Commission (SEC) has launched a Web site designed to give investors an easier way to compare the compensation of executives at public corporations. The site also includes a utility to make it easier to compare financial reports, sliced and diced according to expenses attached to specific accounting terms or functions. The SEC converted the data from the formats provided by companies to Extensible Business Reporting Language (XBRL) but is expected to require companies to manage that conversion themselves in the future. The SEC changed its rules last year to require companies to report executive compensation as a single figure, rather than separating salary, stock options, perks and other benefits in different budget lines. 12/26
IBM acquires in-memory database maker
IBM has announced it is acquiring Solid Information Technology, which develops in-memory databases for quick-response applications such as phone networks. In-memory databases store and retrieve data from a computer's main memory, for quicker retrieval. IBM's announcement said the company will finish the acquisition in the first quarter of 2008, and will build real-time data access to its database products. 12/26
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