VMware kicks off Partner Exchange
VMware said it has drawn more than 2,500 partners to its third annual Partner Exchange event in Las Vegas kicking off today. The server virtualizationRequires Membership to View
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At the same time, VMware faces a big threat from vendor-specific virtualization, most notably Microsoft Hyper-V R2 and Oracle VM.
SAP CEO resigns after less than a year
SAP AG lost its CEO last night, as Leo Apotheker resigned. Apotheker had been sole CEO for less than a year. Jim Hagemann Snabe and Bill McDermott will share CEO responsibilities, the company said in a statement Sunday. McDermott is now in charge of SAP's field organization and Hagemann Snabe leads product development. SAP co-founder Hasso Plattner will advise the new leadership team on product technology and development, SAP said.Oracle buys AmberPoint
Oracle is buying AmberPoint, continuing its relentless acquisition march with the purchase of AmberPoint to beef up its SOA portfolio. AmberPoint's SOA management software, which helps businesses diagnose and fix application performance issues, will become part of Oracle Fusion Middleware. Oracle is about to launch a road trip touting its products as the foundation of cloud services.NetSuite says 'What recession?'
NetSuite reported $43 million in gross revenue in the last quarter of 2009, with $166 million in revenue for the year. NetSuite Inc. offers ERP and CRM services in a SaaS model. This means that the company grew 9% last year, during the worst U.S. recession in memory and despite posting a net loss of $6.5 million in Q4. NetSuite has now tripled its revenue since 2006, according to SearchCloudComputing.com.Check out last week's IT channel news in brief.