Dell misses the streets' consensus for its second quarter and reports a slip of 8% in storage sales quarter over quarter.
Daily compilation of storage news:
Dell storage sales down from last quarter
Dell Corp. surprised the market last night by missing its top line earnings and also reported storage sales down 8% from the prior quarter (although up 26% year-over-year). Dell's sales of EMC gear grew 54%. Dell represents 11% of EMC revenue and approximately one-third of Clariion sales. The company blamed its poor overall performance on soft US consumer PC sales and government demand as well as cutting its pricing too aggressively. Dell reported second-quarter revenues of $13.4 billion ($0.38), up 15% year-over-year but missed consensus revenue expectations by 2%.
Environmental nonprofit chooses XOsoft
XOsoft has announced that Environmental Defense, a nonprofit environmental organization, chose WANSyncHA to migrate from Lotus Domino to Exchange and allow failover and continuation of e-mail service if the server failed.
Broadcom closes Siliquent deal
Semiconductor maker Broadcom Corp. announced today that it has completed the acquisition of Siliquent Technologies Inc., a privately-held developer of 10 Gigabit Ethernet (10GbE) network interface controllers (NICs). Broadcom paid a total of $75.5 million in cash in exchange for all outstanding shares of capital stock and vested options of Siliquent.