In the HP-Dell bidding war for 3PAR, HP made a fourth revision to its offer upping the value from the $30 per share to $33 per share. At the same time, Dell has decided to collect the $72 million break-up fee it is entitled to and terminate its merger agreement with the target company.
Microsoft has sent Windows Phone 7 on its way to smart phone manufacturers so that the first hardware running the new mobile OS would be ready for release ahead of the 2010 holiday season.
Unisys has sold its UK-based insurance and pension processing business UISL to Diligentia, a subsidiary of Indian IT giant Tata Consultancy Services (TCS).
Nintendo leads the ranking of gaming companies, based on software revenues. Gaming has become big business, especially during the last decade: the industry grew at double digit rates until last year. The online gaming segment is still booming, resulting in fast growth of the leading companies in this market. Read more | Comment »
This list of the 25 largest companies in the world is evidence of the enormous size of today’s oil and gas companies: they hold 11 positions in the list. High oil prices have boosted their revenues – and their profits. Automotive companies and finance companies follow, each with 4 companies between the world’s top 25.
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This list shows the largest IT companies in the world, ranked by IT revenues. IT revenues include Software, Hardware and IT Services revenues in the year 2009. Most of the world's top 10 IT companies offer a full range of hardware, software and services. On average, hardware generates the highest revenues in the IT industry, followed by services and software. Read more | Comment »