International Business News - IT http://ibtimes.co.uk/subsection/companies/it.htm All articles are copyrighted by IBTimes.com 400 100 http://ibtimes.co.uk/ http://ibtimes.co.uk/images/top_logo_ibt2_3.gif sssssss http://ibtimes.co.uk/data/articleimgs/3765-aaa.jpg http://ibtimes.co.uk/articles/20080707/sssss.htm http://ibtimes.co.uk/articles/20080707/sssss.htm Mon, 07 Jul 2008 06:06:03 EDT On Wednesday Sir Alan Sugar stepped down from his role as chairman of Amstrad. http://ibtimes.co.uk/articles/20080702/sir-alan-sugar-amstrad-resigns.htm Wed, 02 Jul 2008 10:47:59 EDT The European Commission (EC) has granted permission for US IT firm Avnet to buy Irish company, Horizon Technology Group. http://ibtimes.co.uk/articles/20080627/avnet-horizon-takeover-approval.htm Fri, 27 Jun 2008 10:23:52 EDT Adobe Systems has said its profits rose 41 per cent in the second quarter due to strong demand from international markets. Sales in the US however were reported as being flat. http://ibtimes.co.uk/data/articleimgs/3520-adobe-photoshop-cs.jpg http://ibtimes.co.uk/articles/20080617/adobe-systems-second-quarter-profit.htm http://ibtimes.co.uk/articles/20080617/adobe-systems-second-quarter-profit.htm Tue, 17 Jun 2008 10:18:54 EDT When Yahoo turned down the latest offer from Microsoft this week, it walked away from $9 billion (4.6 billion pounds) in cash and $1 billion a year in additional operating profit, Microsoft said on Friday. http://ibtimes.co.uk/data/articleimgs/3486-yahoo.jpg http://ibtimes.co.uk/articles/20080614/microsoft-yahoo-stake-takeover.htm http://ibtimes.co.uk/articles/20080614/microsoft-yahoo-stake-takeover.htm Sat, 14 Jun 2008 08:02:07 EDT Support services firm Babcock International Group Plc, said on Tuesday that it had delivered record results, with strong organic growth and benefits from strategic acquisitions, in the full year ended 31 March. http://ibtimes.co.uk/articles/20080513/babcock-international-results.htm Tue, 13 May 2008 21:57:10 EDT Microsoft's deadline for Yahoo to accept its takeover bid expired on Sunday. Microsoft said that if Yahoo failed to accept its $44.6 billion takeover offer by 27 April 2008, then it would launch a hostile takeover bid at a lower price. http://ibtimes.co.uk/articles/20080428/microsoft-yahoo-bid-deadline.htm Mon, 28 Apr 2008 08:30:27 EDT Logica Plc, the IT services company said that it would be axing around 1,300 jobs in a £110 million restructuring programme. The company said it expected the restructuring to deliver cost savings reaching an annualised amount of £80 million from 2010. http://ibtimes.co.uk/articles/20080422/logica-job-cuts-losses.htm Tue, 22 Apr 2008 08:27:15 EDT RM Plc has said that the London Borough of Newham has chosen it to be the ICT supplier for its Building Schools for the Future (BSF) programme, which covers 15 schools in the borough. http://ibtimes.co.uk/articles/20080414/newham-borough-ict-supplier.htm Mon, 14 Apr 2008 08:33:11 EDT Software firm Sage Group Plc has said that it is on track to meet analyst forecasts for this year. http://ibtimes.co.uk/articles/20080414/sage-forecasts.htm Mon, 14 Apr 2008 08:33:11 EDT Investment company 3i Infrastructure said on Tuesday it was on track to meet the targets it had set at the time of its initial public offering (IPO) in March last year. http://ibtimes.co.uk/data/articleimgs/2741-philip-yea.jpg http://ibtimes.co.uk/articles/20080331/infrastructure-ipo.htm http://ibtimes.co.uk/articles/20080331/infrastructure-ipo.htm Mon, 31 Mar 2008 08:32:48 EDT IT services firm Logica said on Wednesday it had appointed Cable & Wireless director Craig Boundy as its head of global operations. http://ibtimes.co.uk/data/articleimgs/2757-logica.jpg http://ibtimes.co.uk/articles/20080331/logica-craig-boundy-cable-wireless.htm http://ibtimes.co.uk/articles/20080331/logica-craig-boundy-cable-wireless.htm Mon, 31 Mar 2008 08:32:48 EDT Microsoft Corp is evaluating its bid for Yahoo Inc because the Internet company may have lost value since Microsoft made its offer, people familiar with the matter said on Friday. http://ibtimes.co.uk/data/articleimgs/2785-yahoo.jpg http://ibtimes.co.uk/articles/20080331/microsoft-yahoo-bid.htm http://ibtimes.co.uk/articles/20080331/microsoft-yahoo-bid.htm Mon, 31 Mar 2008 08:32:48 EDT Wolfson Microelectronics has reported "solid progress" in 2007, with revenue up 13.5 per cent on 2006. However the company has also said that it would be reducing internal forecasts for 2008 in the face of macro-economic concerns. http://ibtimes.co.uk/articles/20080204/wolfson-microelectronics-forecasts-profit.htm Mon, 04 Feb 2008 12:22:03 EST Software firm Sage said on Monday it was on track to meet its organic revenue forecast for the full year, adding it was well placed to meet macro-economic uncertainties. http://ibtimes.co.uk/data/articleimgs/2145-paul-walker.jpg http://ibtimes.co.uk/articles/20080204/sage-revenue-forecasts.htm http://ibtimes.co.uk/articles/20080204/sage-revenue-forecasts.htm Mon, 04 Feb 2008 08:42:51 EST Microsoft Corp has announced a bid to takeover Yahoo! Inc at a total equity value of around $44.6 billion at $31 per share. The value of the offer is 62 per cent above the closing price of Yahoo! on 31 Jan 2008. The proposed takeover is seen as a challenge to internet giant Google Inc. http://ibtimes.co.uk/data/articleimgs/2136-jerry-yang-and-bill-gates.jpg http://ibtimes.co.uk/articles/20080201/microsoft-bid-yahoo.htm http://ibtimes.co.uk/articles/20080201/microsoft-bid-yahoo.htm Fri, 01 Feb 2008 14:22:42 EST Microsoft signalled confidence to a rattled stock market by raising its full-year earnings outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday. http://ibtimes.co.uk/data/articleimgs/2056.jpg http://ibtimes.co.uk/articles/20080125/microsoft-fourth-quarter-profit.htm http://ibtimes.co.uk/articles/20080125/microsoft-fourth-quarter-profit.htm Fri, 25 Jan 2008 03:33:48 EST Apple on Tuesday forecast a quarterly profit below analysts' expectations and posted disappointing holiday season iPod shipments, sending its shares down 11 percent in after hours trade on concern consumers were cutting spending. http://ibtimes.co.uk/data/articleimgs/2029.jpg http://ibtimes.co.uk/articles/20080123/apple-ipod-profits-quarterly.htm http://ibtimes.co.uk/articles/20080123/apple-ipod-profits-quarterly.htm Wed, 23 Jan 2008 03:55:52 EST Wireless communications and electronic defence equipment company, Filtronic Plc today announced its preliminary results for the year ended 31st May 2007 and announced it's belief that this year would see it's return to profit. http://ibtimes.co.uk/articles/20070723/filtronic-preliminary-results-profits-full-year.htm Mon, 23 Jul 2007 11:43:00 EDT Computacenter, the country's biggest seller of computer hardware to businesses, said on Friday its full year results would be in line with its expectations, although first quarter performance had been mixed. http://ibtimes.co.uk/data/articleimgs/1615.jpg http://ibtimes.co.uk/articles/20070504/computacenter-full-year-results.htm http://ibtimes.co.uk/articles/20070504/computacenter-full-year-results.htm Fri, 04 May 2007 04:32:13 EDT