Sun shines on Oracle's 25% rise in Q4 profits

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Sun shines on Oracle's 25% rise in Q4 profits

Kayleigh Bateman, Site Editor

The Daily Data Centre

Sun shines on Oracle's 25% rise in fourth quarter profits
Oracle has reported a 25% jump in its latest quarterly profits as compared to the same period in 2009. For the quarter ending May 31, Oracle posted a profit of $2.36 billion, up from $1.89 billion last year. Revenue rose 39% to $9.5 billion. Oracle bought Sun for $7.4 billion back in January, and that transaction is being cited as one of the reasons for the spike. President Safra Catz said in a statement that the company is on its way to "meet or exceed" Sun's goals for the 2011 and 2012 fiscal years.

Dell sets sights on doubling data centre technology services business
Dell has revealed plans to "double the size" of its $16 billion data centre technology services business over the next three years. This will be achieved through shifting staff around, boosting sales incentives and buying more companies, according to CEO Michael Dell, who spoke at the vendor's annual analyst meeting in Austin, Texas recently. Dell's enterprise business looks like it will reach $30 billion by fiscal year 2014, according to its executives.

Red Hat unveils Enterprise Virtualisation 2.2
With the release of Red Hat Enterprise Virtualsation 2.2., Red Hat has added to its enterprise-grade server and desktop virtualisation portfolio. Released in November 2009, Red Hat Enterprise Virtualisation 2.1 was the introduction of the open source vendor's Enterprise Virtualisation for Servers range. The updated version includes new scalability capabilities and migration tools.

Windows 7 becomes fastest selling OS in Microsoft's history
Microsoft announced that Windows 7 is the fastest selling operating system in the software vendor's history, with 150 million licenses sold since last its launch last October. According to industry analysts, Windows 7 should overtake Vista in market share within the next few months. However, Window XP, launched in 2001, still has 58% share of the total operating system market.

IBM reported to European Commission by Neon Enterprise Software
Neon Enterprise Software has filed a complaint against IBM with the European Commission about the vendor's "anticompetitive and abusive" content. According to Neon's claim, IBM has acted in a way that disparages Neon and its product zPrime, ultimately interfering with sales. Two similar complaints have been filed by t3 Technologies and TurboHercules SAS.

Kayleigh Bateman is the Site Editor of SearchVirtualDataCentre.co.uk.


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