News
Qlusters Raises Third Round
Ousted Dell CEO Kevin Rollins has turned up at private equity firm TPG Capital as senior advisor
Aug. 8, 2007 09:45 AM
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Qlusters, the Linux-based clustering operating systems start-up, has raised $10.36 million in Series C funding from NetApp, Benchmark Capital, Charles River Ventures, DAG Ventures and Israel Seed Partners. That makes $33 million. NetApp is a new investor.
Dell Starts Manufacturing in India
The first India-made Dell desktop PCs, bound for the rapidly expanding Indian market, have started rolling off the assembly line. Dell set up the plant in southern India to make its boxes more affordable than imported jobs. The line is expected to expand from 400,000 a year to 2.5 million over the next few years.
Reiser Still Bound for Murder Trial
A second judge has found that the state has enough circumstantial evidence to try star Linux programmer Hans Reiser for the murder of his missing wife. He remains in jail, where he's been since last fall. Jury selection is due to start in October.
Bull Denies HP Rumor
Bull has confirmed that it isn't in takeover talks with HP and there isn't an HP check drawn in its favor sitting on the table. Not that it doesn't wish there was.
Ex-Dell CEO Lands on his Feet
Ousted Dell CEO Kevin Rollins has turned up at private equity firm TPG Capital as senior advisor looking at high-tech and consumer investments. TPG currently has a $14 billion fund. It has money in Lenovo, Freescale, SunGard and Seagate.
Lenovo's Been Eating its Wheaties
Lenovo's Q1 earnings were up 13-fold to $66.8 million on revenues up 13% to $3.9 billion. PC shipments were up 22.3% to 4.9 million units on strong sales in China, up 30%, and the Americas, up 15%. India was up 22%, Western Europe in the double-digits. It's been cutting jobs. Restructuring cost $45 million.
About Linux News DeskSYS-CON's Linux News Desk gathers stories, analysis, and information from around the Linux world and synthesizes them into an easy to digest format for IT/IS managers and other business decision-makers.