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Tuesday, September 22, 2009

Dell Snaps Up Perot Systems For $3.6B

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Dell Inc. said it will pay $3.6 billion for Perot Systems Corp. in a bid to boost its IT services offering and make the division more competitive against consulting rivals IBM Corp. and Hewlett-Packard Co. Dell will pay approximately $30 per cash for all outstanding shares of Perot Systems, the IT services company founded by former U.S. presidential candidate Ross Perot, who is being ...

Mentor CEO Sees Full Fab Capacity By Year End

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BANGALORE, India — Based on recent market data, leading edge fabs may have little or no excess capacity by the end of 2009, a sign that the semiconductor industry is recovering, according to the CEO of Mentor Graphics. Mentor CEO Walden Rhines added during a visit here this week that optimism in the IC industry is spreading to the EDA sector, though most design companies are still limiting ...

EU To Spend 3% Of GDP On R&D By 2010

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PARIS — The European Union spent 229 billion euros on research and development in 2007, representing 1.85 percent of the Gross Domestic Product (GDP) and said it aims to achieve an R&D intensity of at least 3 percent of GDP by 2010, according to Eurostat, the Statistical Office of the European Communities. In its 2009 edition of Science, Technology and Innovation in Europe, Eurostat noted that ...

Fewer Job Cuts At Alcatel-Lucent France

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PARIS — Franco-US telecom equipment provider Alcatel-Lucent (Paris, France) announced it has slightly revised downwards the number of job cuts in France. At the end of July, Alcatel-Lucent confirmed its intention to shed about 850 jobs in France in 2009 and 2010. This figure has dropped to 814 job cuts, including 689 at Alcatel-Lucent France, 72 at Alcatel-Lucent Enterprise and 53 at its ...

What to Do When You're an Overqualified Executive

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The job market is definitely suffering nowadays. With the recession forging ahead and thousands still losing their jobs, it's a wonder that anyone can get hired. However, as some executives are finding out, there is work available. However, it may not be at the level they'd like to work. If you're an executive who has found that you need to seek a lower-level job to get back on your feet, ...
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