January 21, 2009
Qualcomm eats AMD handheld biz
The Register
Rik Myslewski shares details about Qualcomm’s $65 million purchase of AMD’s handheld business.
“In a joint statement, Qualcomm and AMD said that the acquisition of ‘certain graphics and multimedia technology assets, intellectual property and resources that were formerly the basis of AMD’s handheld business’ will strengthen Qualcomm’s ‘leadership position in delivering more advanced products that redefine next-generation mobile user experiences.’ The deal includes Qualcomm offering jobs to personnel from AMD’s graphics group, who may very well be relieved to be exiting a company that recently announced further job cuts and wage reductions.”
10 reasons to purchase new hardware during a recession
ZD Net
Larry Dignan writes why businesses should continuing making hardware purchases, even though our economy’s going through a recession.
“Trying to squeeze a few extra years out of PCs or servers actually ends up costing organizations more in the long run than does replacing old equipment. According to Info-Tech Research Group lead analyst Darin Stahl, ‘When you look at costs – particularly around a four- to six-year life cycle – it may seem like you are saving money, but really it’s costing you, because you are going to increase your support costs.’”
SaaS Stocks Down Nearly 4 Percent In 2009
The VAR Guy
Joe Panettieri offers the latest news on software-as-a-service stocks and where they are at now.
“ Big-name SaaS companies like Salesforce.com (CRM, down 12.12 per cent year to date) and RightNow (RNOW, down 15.14 per cent) remain under pressure on Wall Street because investors are worried about the ‘cost’ of acquiring and retaining new customers. Despite continued weakness in our SaaS 20 Stock Index, there’s no doubt SaaS is catching on with managed service providers. Nearly 60 per cent of MSPs currently offer hosted/SaaS e-mail, while 18.4 per cent say they offer customers some form of hosted/SaaS CRM, according to the annual MSPmentor 100 survey – produced by The VAR Guy’s sister site.”