Archive for May, 2010

PMC-Sierra, a fabless semiconductor company which specializes in broadband communications and storage chips, said it has entered into a definitive agreement to purchase Adaptec’s channel storage business. The channel storage business includes Adaptec’s RAID storage product line, global added reseller customer base, board logistics capabilities, and SSD cache performance solutions, PMC-Sierra says.

"The acquisition of Adaptec’s channel storage business allows us to accelerate our entry into a new segment of enterprise RAID storage and leverages our leading RAID chip and software development with channel customers," said Greg Lang, PMC-Sierra’s president and CEO. "I am excited about this acquisition and the future growth opportunities it presents through the strong strategic fit between our core strengths in enterprise storage and the established channel storage business of Adaptec."

PMC-Sierra said it expects to employ about 90 individuals from Adaptec located in seven different geographic locations, though most are located in California. PMC-Sierra will pay about $34 million in cash for the acquisition and assume certain liabilities related to the business.

Image Credit: Wisconnelly

By now you’ve probably noticed that Google has given its search results page a brand new look (our own Ryan Whitwam covered the changes in blog post last week found here), but not everyone is keen on the new design. If you’re one of those people, there’s a relatively simple fix. All you have to do is change your default search page to this:

It’s anyone’s guess as to how long this will work, but at least for now, the above URL reverts Google’s search results page to the old style, giving you control over when and when not to show advanced options in the left-hand column. In the words of Nick Burns, "You’re Welcome!"

VMware’s SpringSource division, which focuses on Java application infrastructure and management, will acquire GemStone Systems, a privately held provider of enterprise data management solutions, VMware announced on Thursday. Terms of the deal were not disclosed.

"Data management technologies are fundamental to the creation of applications, and with the rise of virtualization and cloud computing, the manner in which applications need to access data is evolving," said Rod Johnson, general manager of the SpringSource division of VMware. "Cloud computing is a distributed deployment model, and for that reason, caching and data accessibility are of far greater strategic importance than before. We are acquiring and will integrate into the SpringSource portfolio a well-regarded set of high performing data management solutions with GemStone."

The acquisition brings a set of technologies and expertise in scaling databases to VMware’s stable. SpringSource said it will continue to fully support GemStone’s product line as well as all of GemStone’s customers

According to payroll services company Automatic Data Processing, layoffs were down and hiring was up in April. All told, some 32,000 new jobs were created last month, most of which took place in the services sector and by medium to large businesses.

"Today’s report is very encouraging," ADP CEO Gary Butler said in a statement. "The challenging economic environment appears to have stabilized. I am cautiously optimistic that increasing economic activity along with the recently enacted legislation offering immediate incentives to employers for jobs creation (the HIRE Act) will lead to continuing growth in private-sector employment."

Large businesses are defined as those with 500 or more workers, while medium size business are those with anywhere between 50 and 499 workers.

Later today the Department of Labor’s Bureau of Labor Statistics will release its April report, and many economists are expecting the employment numbers to be even more positive than they were in March.

Many in the tech community have long been anticipating the day that Apple’s popular iPhone would be available on a carrier other than AT&T. As far as anyone knew, the exclusivity arrangement was set to expire this summer, paving the way for an iPhone on Verizon Wireless. But BroadPoint analyst Brian Marshall is now indicating that the great deal Apple got on 3G iPad data plans came at a cost; the extension of iPhone exclusivity.

According to Marshall, AT&T will get another 6 months of exclusivity with the new iPhone. He expects the phone to land on Verizon in the first quarter of 2011. The iPad plans are contract free, and in addition to the unlimited $30 plan, there is a cheaper 250MB $15 plan. Marshall believes AT&T was willing to agree to this in exchange for first crack at the new iPhone.

We will have to wait and see if Marshall’s hunch is right, as none of the involved parties are talking. If the iPhone was available on Verizon instead of AT&T, would you jump on it?


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