Posted on 02 September 2010
On a conference call with the Street this afternoon following its FY Q1 earnings report, ArcSight (ARST) CEO Tom Reilly declined to talk about the recent Wall Street Journal report which asserted that the security software company has put itself up for sale. Here’s what he said: Before reporting on our financial
Tags: afternoon, arst, earnings-report, financial, following-its, mike reinstein, our-financial, reilly, reilly-declined, reinstein, security, street, street-journal, the-recent, the-security
Posted on 01 September 2010
Comscore (SCOR) this morning said it has acquired Nedstat, an Amsterdam-based web analytics company, for $36.7 million. The company said the deal will contribute about $4 million in revenue for the rest of 2010. Comscore expects the deal to be dilutive to 2010 GAAP and non-GAAP net income, but accretive in
Tags: amsterdam-based, deal, gaap, mike reinstein, morning, nedstat, net-income, rest, said-the-deal, scor, the-deal, the-rest, will-contribute
Posted on 30 August 2010
Looking for a new gig (or a gig period)?
Tags: chance, dearth, gig-period, guns, irs, moment, new-gig, prime-physical, taxes, the-industry, ubs
Posted on 30 August 2010
Intel chief executive Paul Otellini just appeared on the Fox Business TV Network. In the interview with Fox’s Liz Claman, he explained why Intel is buying the wireless business of Infineon for $1.4 billion and McAfee for $7.68 billion, as well as the cable modem business of Texas Instruments for an undisclosed price
Tags: capabilities, cars, customer, industry, infineon, michael reinstein, mike reinstein, reinstein, television, texas, trends, Video
Posted on 30 August 2010
3Par (PAR) shares are sagging this morning while the Street awaits a response from Dell (DELL) to Hewlett-Packard’s (HPQ) $30-a-share offer. According to Reuters, Dell said Sunday that its board is assessing its response
Tags: board-had, dell, hpq, made-the-superior, michael reinstein, mike reinstein, morning, par, street
Posted on 30 August 2010
Global chip sales reached $25.2 billion in July, up 1.2% from June, and an increase of 37% from a year ago, according to new data from the Semiconductor Industry Association. “Worldwide sales of semiconductors were strong in July despite growing indications of slower growth in the overall economy,” SIA
Tags: 25-2-billion, chip-sales, michael reinstein, mike reinstein, new-data, semiconductor, sia, slower-growth, year-ago
Posted on 30 August 2010
Intel (INTC) has made it official: the company, as expected, is buying Infineon’s (IFX) wireless solution business for about $1.4 billion in cash. The business provides chips to handset makers like Apple (AAPL), Nokia (NOK) and LG. The business was about 30% of Infineon’s most recent fiscal year revenue of 3.03
Tags: aapl, business-provides, fiscal-year, intc, made-it-official, michael reinstein, nok, wireless-solution
Posted on 27 August 2010
Dell (DELL) this morning said it has matched the $27-a-share bid by Hewlett-Packard (HPQ) for 3Par (PAR) – and that 3Par has accepted its offer. This is the 5th bid since the battle for 3Par started: Dell offered $18, HP countered at $24, Dell yesterday morning went to $24.30, and
Tags: 27-a-share-bid, battle, bid-since, dell, hpq, michael reinstein, mike reinstein, morning, par, the-5th, the-battle, yesterday-morning
Posted on 26 August 2010
Travelzoo (TZOO) shares are up sharply this morning after the company announced Local Deals, a new service that alerts the company’s e-mail newsletter subscribers to, well, local deals within their city. The service latches on to a red-hot Internet concept pioneered by startups like Groupon and Living Social. “Local Deals fits
Tags: deals, groupon, internet, living, local-deals, morning, StartUps, tzoo
Posted on 26 August 2010
Mobile application GroupMe thinks there’s money to be made in enabling group chats via SMS and voice calls from any phone in the world. And investors seem to agree. The New York based company has just raised $850k from premier investors including Betaworks , First Round Capital , Ron Conway’s SV Angel, and Lerer Ventures .
Tags: angel, crunch-disrupt, group, hecht, mobilebeat, reinstein, sms, space, steve-martocci