NASA, Rackspace Join Forces in Cloud Computing Deal

Clouds float free, but customers using cloud computing services are often nailed down by proprietary software. Not for long: This week, No. 2 cloud services provider Rackspace Hosting said it will join forces with NASA to make their software open-source in an initiative called OpenStack.

Who Will Be IBM's Next CEO?

IBM has realigned its executive suites and expanded the roles of four of its top managers, according to an internal memo sent to employees Monday -- a move that potentially paves the way for one of them to become the successor to CEO Sam Palmisano.

Qlik Clicks with IPO Investors as Stock Takes Off

Upstart Qlik Technologies is trying to disrupt things in the business intelligence software world, and as proof of its success, the company pulled off a $112 million IPO Friday. Since opening trading at $10, the stock has seen a nice bounce.

Synchronoss Acquires Mobile Software Firm FusionOne

FusionOne, a top provider of backup and synchronization software for mobile devices, is being purchased by Synchronoss Technologies for $40 million. It's a great deal for Synchronoss -- not so good for the venture capital investors who poured $140 million into FusionOne.

IBM Locks Up a Deal for IT Security Firm BigFix

IBM's software company shopping spree continued this week with a deal to purchase BigFix, a top player in the red-hot IT security market. While the deal terms were not disclosed, the rumor is that the price tag for the privately held firm came to $400 million or so.

The Coming Boom in Videoconferencing Technology

The concept of the videophone is nearly as old as the phone itself, and prototypes predate the Beatles by many decades. But while other new modes of communication, from email to instant messaging to cell phones have been adopted at astonishing rates, video has lagged -- until now.

What Corporate Computing Could Soon Look Like

Enterprise computing and consumer electronics are starting to converge. Special-use devices with integrated software, memory and storage are set to take off -- perhaps led by database giant Oracle, which now owns the Java programming language.

NTT Data Buys a Foothold in the U.S. Info-Tech Market

NTT Data, a major info-tech player in Japan, has taken notice of the rising fortunes of IT services company Intelligroup. The U.S. is company is tiny compared to NTT, but its allure is a solid business in a key major market.

HP Aims to Power Up in Cloud Computing

HP's major restructuring will free up significant resources for investing in new initiatives like cloud computing. That's a key area that will account for a growing proportion of technology spending in the years to come.

Private Cloud Computing Takes Off

Public services like Web-based e-mail are the most common form of cloud computing. But some businesses, uneasy about the security and reliability of publicly shared IT infrastructure, are building private clouds, while tech vendors like Akamai are moving to meet the need.

Microsoft's Enterprise Sales Are Powering Up

Microsoft dominates the market for consumer software, but the guts of corporate IT are often built on rivals' products. Now, Redmond's sales to businesses are growing at a much faster pace, thanks to a stronger economy and a robust pipeline of new products.

Software Security Firm Double-Take Agrees to Buyout

In late 2006, software security firm Double-Take Software went public. Now, the company is going private again with a a $242 million buyout from private-equity firm Thoma Bravo, which will merge it with Vision Solutions.

Sybase Will Help SAP in Its War with Oracle

Oracle CEO Larry Ellison delights in taunting rival SAP, but German enterprise software giant SAP stands to be a stronger competitor with its $5.8 billion deal for software maker Sybase.

Will Small Businesses Fly to Microsoft's Cloud?

The newly launched Microsoft Office Web Apps offers free online versions of Word, Excel, PowerPoint and OneNote. Will that be enough to draw small businesses and consumers away from Google Docs?

SAP Will Acquire Sybase for $5.8B

SAP, a massive provider of business software, is making its biggest acquisition in three years with a $65-a-share offer for Sybase.

Symantec Doubles Down on Encryption With Two Buys

To help secure its own business future, security software heavyweight Symantec is jumping into the the encryption and data protection market with the purchase of two companies -- PGP and GuardianEdge Technologies -- for a total of $370 million in cash.

Microsoft Earnings Jump 35%, Topping Estimates

Buoyed by the most recent release of its Windows operating system, Microsoft turned in first-quarter earnings that exceeded estimates by 3 cents per share. That wasn't enough for investors, though, and the shares tumbled aftermarket.

IBM Earnings: Return of IT Spending Helps Profits Top Estimates

A small boost in corporate info-tech spending helped lift IBM's first-quarter earnings a bit over last year, beating forecasts. Big Blue reported $22.9 billion in revenues and profits of $2.6 billion, or $1.97 a share. But investors were looking for more, and the stock is losing some steam in after-hours trading.

IPhone Update May Address Multitasking Complaint

Topping the wish list for the iPhone and iPad: broader ability to run more than one program at a time. Users who bemoaned the lack of multitasking may at last get their gripes addressed in software updates for the iPhone and iPad tomorrow -- though Apple has promised nothing.

The iPad Has Developers Seeing Gold

Entrepreneurs, developers and businesses are looking to cash in on Apple's mobile Midas touch by bringing new iPad accessories and software to market. The cottage industry serving Apple's iPods and iPhones generates an estimated $6 billion to $7 billion in sales annually.

Google Picks Up Photo Utility Site Picnik

Last fall, Google's CEO Eric Schmidt said that his company would aim to make at least one small acquisition every month. So far, Schmidt has followed through. Google has acquired eight companies over the past six months. The latest is Seattle-based Picnik, a photo utility site.

Microsoft Counterattacks in Smartphone Software

At the World Mobile Conference in Barcelona, Steve Ballmer & Co. finally moved to catch up with its chief mobile software rivals -- Apple, RIM and now Google as well -- by introducing Windows Phone 7. It's a wholly new smartphone operating system aimed at getting Microsoft back into growh mode on handsets.

Microsoft Strikes Deal with E.U. on Browser Bundling

Microsoft has sealed a deal to end a decade of litigation with the European Union over charges that it unfairly used its dominant operating system to promote its Web browser, Internet Explorer. The computer giant agreed to give European users a choice of up to 12 browsers in future editions of Windows.