Ocarina Networks operates in the domain of optimization technology for heavy-duty storage. The company’s offerings have the potential to free up 30% to 75% of existing storage capacities, releasing network bandwidth, power, cooling, data center space and management, resulting in CapEx and OpEx savings. In today’s business environment where data is largely unstructured, the company’s technologies can make a significant difference.

The acquisition of the company will allow Dell to integrate Ocarina’s products into its existing deduplication solutions portfolio.

Murli Thirumale, CEO, Ocarina Networks

Ocarina Networks was founded by Murli Thirumale in 2007, who was its CEO at the time of the acquisition. The company had been a vendor for Dell for over a year. Post acquisition, Dell plans to invest in further engineering and sales capabilities of Ocarina, and would not immediately move the company’s operations from its present premises. The present management team is also likely to remain intact.

Read more about the latest acquisition of Dell in storage technology domain, here.

The company has notched up revenue of USD 10.8 billion, which is up by USD 2.7 billion over its revenue for Q2 2009. Operating income zoomed to USD 4.0 billion which is USD 4.0 billion more than the income in the corresponding Q2 of 2009. As a result, the net income has come to USD 2.9 billion, with an EPS of 51 cents which makes Q2 2010 a watershed quarter for Intel, in its 42 year history.

The company’s sales are in tune with trend in the market: more mobile microprocessors are being sold than desktop processors. Server microprocessors too sold higher by as much as 13% as compared to Q1 2010. The company has spend USD 3.25 billion in research and development, as well as in mergers and acquisitions.

Intel is at the forefront of microprocessor manufacturing. The company is in direct competition with AMD, and it shook off a long-drawn litigation with the latter in the last quarter through a one-time settlement payment that saw a dip in its reserves in the earlier quarter.

Paul Otellini, President & CEO, Intel

Read more about the latest financial results from Intel, here.

Total revenue for Q2 2010 was USD 23.7 billion, which is 2% more than the total revenue reported for Q2 2009. The net income reported for Q2 2010 was USD 3.4 billion. This is 9% more than the USD 3.2 billion net income reported for Q2, 2009. This has yielded a diluted earnings per share of USD 2.61, which is 13% more than the EPS in the corresponding Q2 of 2009.

These computations have led to pre-tax income of USD 4.6 billion.

Of the different income streams, the company experienced the highest jump in Business Analytics of 14%, while the streams of software and services posted an increment of just 2%.

In the second quarter, IBM signed services contracts that notched up USD 12.3 billion. However, contracts for outsourcing services saw a dip by 19% to USD 6.5 billion. New-business outsourcing was more than extensions of older contracts. Contracts for transactional services (such as consulting, integrated technology services, and the like) too saw a dip by 3% to USD 5.8 billion.

Mark Loughridge, CFO, IBM

Read more about the latest financial performance of an IT biggie, here.

These new services include:

- shipping to destinations around the world, which means that a customer now has the option to order a single issue of any publication on MagCloud.

- new options for binding hard copies, which means that magazines with pagecount more than 300 can be printed with perfection.

- and an application that enables consuming digital material on the iPad, which is available for free from App Store. There is also an option to buy a hardcopy version of the content. This implies that any publisher can now offer content in both digital and print format to iPad users, using the MagCloud platform.

The MagCloud publishing ecosystem provides facilities to publishers who want to save on preproduction costs or the hassle of minimum print runs. Because the market is moving towards more and more niche, targeted readership, the platform provides people to experiment with their chosen target with minimal investment.

The platform also creates a level ground for new and novice publishers who may have little experience, little or no reach and minimal capital.

Read more about how a SaaS platform is being ramped up to prove more useful for its users, courtesy HP, here.

Peter Oppenheimer, CFO, Apple

The company has reported revenue of USD 15.7 billion for the quarter, compared to the revenue of USD 9.73 billion for Q3 2009. This has yielded a net profit of USD 3.25 for the quarter, which is again better than the net profit of USD 1.83 billion for Q3 2009. The impact has been favorable on EPS, which was computed to USD 3.51 per diluted share. This quarter also saw a generation of USD 4 billion in cash.

A notable feature of this quarter was the launch and sale of iPads, which shipped out 3.27 million units within the quarter itself. This is over and above the sale of 8.4 million iPhones, 9.41 million iPods and 3.47 million Macintoshes. Another notable feature was the launch of iPhone 4, the next generation of the smartphone mobile from Apple that has revolutionized the mobile industry.

The company is expecting to touch revenue of USD 18 billion in Q4 2010, up from the present quarters USD 9.73 billion. The diluted EPS is forecast to touch USD 3.44.

Read more about the financial performance of an IT biggie, here.

This platform has come about through technology collaboration between the following 5 industry giants: ARM, IBM, Samsung, GLOBAL FOUNDRIES and Synopsys. The new platform builds upon a manufacturing collaboration that was already in place between IBM, Samsung and GLOBAL FOUNDRIES, and they called it the “Common Platform”. The Common Platform model features 28nm, 32nm, 45nm, 65nm and 90nm process technologies in domains of high-k metal gating, 193nm immersion lithography and ultra-low-k dielectrics.

The idea behind the Common Platform model was to enable customers of chips to source their designs to multiple 300mm foundries without having to make major changes in their design work. To the same Common Platform, the other companies have contributed with their unique expertise.

ARM has contributed low-power processor architecture and optimized suite of physical IP, including standard cells, power management kit, memory compilers and interface IP. Synopsys has contributed Lynx Design System and DesignWare portfolio of interface IP, which reduce risk and overall design costs.

The collaboration has already come out with 10 test chips in 32 and 28nm HKMG process technology, validating the platform in all its dimensions.

The new platform is expected to be a standard for manufacturing 28nm low-powered HKMG semiconductors for the next generation of mobile devices and embedded machines.

Read more about the latest disruptive technology developed through collaboration, here.

The advantage of this deployment is that subscribers of Netflix can watch Netflix streams over a still wider range of devices such as Internet TVs, Blu-ray disc players, home theater systems, video game consoles and the like.

PlayReady is Microsoft’s content protection technology that is flexible, reliable and scalable. Netflix has already been using this technology since 2007 when it had launched its ready-device program. Netflix has incorporated the DRM into its architecture from the very beginning, and the latest announcement apparently is another step that tightens the coupling.

PlayReady is especially useful for service providers, mobile and network operators and device manufacturers who are engaged in the business of providing digital entertainment services across devices and software applications, such as videos, games and images.

Read more about how the world’s largest subscription service for DVDs is making use of the world’s largest IT company’s technologies to further its marketing reach.

And boy! Has this new gadget taken the geek world by storm! Across the spectrum, almost everybody is going for the device. Since its launch on April 3, it is slightly over 60 days, and the sale of iPad has topped 2 million already. The purchase is not happening within a particular domain or culture, but is very universal and has touched every level of society everywhere. The company has been working very hard to fulfill customer orders pouring in from Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK. Come July, and the company will open new sales fronts in a lot more countries.

Very soon, the 1.5 pound thin-plate-like-device will become as ubiquitous as the cellular phone. Perhaps the netbook’s run has come to an end?

Read more about how this new device has captured people’s hearts and minds in all the countries across the continents in so short a time, here.

TRA Inc is located in New York City, New York. The company on its website claims to be the first outfit that provides a platform that computes the true return on investment on advertising carried out by companies in various media. The company has developed a product called “Media TRAnalytics” which generates customizable online reports for its subscribers. This it does by cross-tabulating real-time data from TV digital set-top boxes (DSTB) from cable as well as TiVo, with the actual household product purchasing data from frequent shopper cards. The company has in place 370,000 households where their TV exposure and their purchases are matched. When this data beams on the screens of the companies’ screens, they can take an informed decision about how and where to spend their advertising dollar to translate into their product / service sales.

For Intel, the investment is part of an USD 18.2 million Series-C round, which includes participation from existing investors Arbitron and WPP.

Read more about an IT biggie ensuring that it has its fingers in every revenue pie, here.

Sterling Commerce operates in the domain of B2B integration. The company has 18,000+ customers at the global level which are using its products and services to connect and integrate with partners, suppliers and their own customers in order to simplify and automate the way they do business. The company is said to be behind over 1 billion business interactions that happen every year amongst its customers. Its target vertical markets are financial services, retail, manufacturing, communications and distribution industries.

For AT&T, a holding company predominantly in the communications domain, Sterling Commerce was not such a good fit. But for IBM, Sterling’s product portfolio complements its own middleware portfolio. The acquisition enables IBM to now offer even more cross-channel solutions to its clients. The acquisition leads to a new set of customer base opening up for IBM, who were already a captive base for Sterling.

Post the acquisition, about 2,500 Sterling Commerce employees are expected to be integrated into the WebSphere organization within IBM’s Software Group.

Read more about the latest strategic acquisition undertaken by IBM, here.

The application allows for collaborative communication between Nokia mobile users. The names and statuses of fellow users is embedded into the device’s contact database; and so whenever a colleague becomes available, their status is updated in the app. The application also suggests the best way to communicate with the colleague: instant messaging, phone call, or e-mail. The software is useful in an enterprise environment where fellow workers and colleagues are always on the move, by providing everybody with a common base to remain in touch.

Besides the Communicator Mobile, Nokia has also been using Microsoft technologies for its other functionality. For example, Nokia has deployed Microsoft Exchange ActiveSync to optimize direct access to email and other personal information that a mobile user keys in on their device.

The Communicator Mobile will now be pre-installed on select Nokia devices, including the soon-to-be-launched E5.

 Read more about the outcome of the latest collaborative effort between Microsoft and Nokia, here.

The management team of Sybase has not been changed. The Chairman and CEO of Sybase, Mr. John Chen, will be given a seat at the Executive Board of SAP.

By owning Sybase, SAP hopes to leverage its expertise in mobile platforms. SAP plans to use Sybase’s mobile technology to connect all applications and data – both SAP as well as non-SAP – and put them on the mobile devices. Sybase has in place 4 billion mobile subscribers who are using its technology with the help of 850+ operators spread around the world. The USD 5.8 billion gives SAP the capability to reach out to these 4 billion mobile subscribers on a platter.

Read more about a strategic initiative taken by the German behemoth to increase market penetration, here.

The hard drives that have received this special treatment are Seagate’s 500GB FreeAgent Go ultra-portable hard drives. The movie that can be unlocked for viewing without any additional cost is “Star Trek”, the 2009 version. The other 20 movie titles require online purchase of the license keys, whose cost ranges from USD 9.99 to USD 14.99. This amounts to over 38 hours of movie viewing on a small, packet-sized hard drive.

The movies range from the classic “The Manchurian Candidate” (2004) to science fiction “Sky Captain and the World of Tomorrow”, from “The Italian Job” (2003) to “The Love Guru”, and from “The Curious Case of Benjamin Button” to “Enemy at the Gates”.

Paramount has now shifted its business model from the traditional cinema hall / DVD to distribution of its products on online, mobile and portable devices, videogames and emerging technologies.

Read more about this interesting arrangement between Seagate and Paramount, here.

The facility will be used by IBM for the manufacture of System z mainframe computers and high-end Power Systems servers.

The facility has cost IBM USD 30 million to build. It is a 56,000 square foot infrastructure built inside an existing structure at IBM’s 400-acre site. On the design board for more than 3 years, the facility has been fashioned to function more like a data center than a warehouse. Because the products being manufactured require cold weather conditions, the facility has been structured around a cooled loop system that circulates chilled water in its air conditioning ducts. A 1,700 ton capacity plant has been built using IBM’s own rear door heat exchanger technology. The entire plant has been designed to eliminate hot spots and places of uneven temperature.

Appropriate flexibility has been built in the manufacturing process to scale products to newer technologies. The company can easily migrate to production of newer versions of the products with minimal changes to the facility.

Read more about the latest manufacturing infrastructure set up by IBM, here.

The company has posted revenue of USD 858.7 million for Q1 2010, which is 9% more than the revenue posted for Q1 2009 (USD 786.4 million). The GAAP operating income was USD 176.8 million, compared to USD 207.9 million achieved in Q1 2009. This works out to 20.6% of the first quarter revenue. The GAAP net income computation yielded USD 127.2 million, which is less than the USD 156.4 million reported in Q1 2009. The diluted EPS for Q1 2010 was USD 0.24, which has been computed based on 532.6 million weighted average shares. This compares well with the GAAP diluted loss per share of USD 0.06 for Q4 2009, computed based on 532.0 million weighted average shares.

The company is targeting revenue of USD 875 million for Q2 2010, with an operating margin of 21% to 24.5% on a GAAP basis. The company is banking on its flagship products of Flash Player and Creative Suite to see it achieve these figures, according to the press release.

Read more about the surge in business earnings reported by an IT biggie, here.