Stacy Cowley

Articles by Stacy Cowley

Accounting probe keeps CA under a cloud, CEO says

Until the government completes its investigation of Computer Associates International Inc.'s past accounting infractions, the company will continue operating under a cloud, chairman and chief executive officer Sanjay Kumar acknowledged Wednesday during CA's quarterly meeting with analysts.

UPDATE: Oracle increases PeopleSoft bid

Oracle Corp. raised its bid for PeopleSoft Inc. to US$26 per share on Wednesday, boosting the all-cash offer's total to US$9.4 billion.

IBM aims software, service packages at financial firms

As part of its push to tailor its products for vertical industry customers, IBM Corp. announced Monday more than a dozen software-and-services packages customized for finance-industry customers. The 15 new bundles

PeopleSoft pushes forward meeting for board vote

PeopleSoft Inc. said Friday it will hold this year's annual shareholders' meeting in March, several months earlier than usual, in an effort to limit the effects of Oracle Corp.'s hostile takeover bid and planned attempt to replace a majority of PeopleSoft's board.

Customers eye Workplace warily

While IBM Corp.'s Lotus software group blazes ahead with its Workplace vision, the company still has work to do to convince some of the Lotus faithful that the new architecture makes as much sense for them as it does for IBM.

Sun preps second version of Java desktop

Sun Microsystems Inc. plans to release midyear the second version of its Java Desktop System, featuring new tools for centralized management of client systems

Lotus stakes its future on Workplace

Executives from IBM Corp.'s Lotus software unit used the opening presentations Monday at Lotus' annual user show in Orlando to sketch out the strategy behind IBM's year-old Lotus Workplace platform, and to reassure users that IBM won't abandon its core of Lotus users building on the Notes/Domino architecture.

Citrix buys GoToMyPC maker for US$225 million

Remote access software maker Citrix Systems Inc. is making a splashy play to move beyond the enterprise market, announcing Thursday an agreement to buy Web-based desktop access developer Expertcity Inc. in a US$225 million cash-and-stock deal. Pending regulatory approvals, the deal is expected to close in early 2004.

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