EDS

Computer maker Dell has signed an agreement to purchase privately-held software company Scalent for an undisclosed price, the company announced Thursday. Scalent's virtualization software solutions provide dynamic IT infrastructure to businesses.

Hewlett-Packard launches a star-studded campaign -- which an unnamed source told The Wall Street Journal will cost $40 million -- to change its image as a printer and PC company. But is it just a waste of shareholder money?

Dell (DELL) has been losing market share in the PC industry to Hewlett-Packard (HPQ) and Asia-based Lenovo and Acer. It has not been able to come up with novel machines to attract a new wave of buyers. Its earnings today are expected to be poor. HP at least partially solved it reliance on hardware...