Juniper Networks (JNPR) and Ruckus Wireless (RKUS) will team up to sell enterprise customers a package of high-speed data networking, security and wireless technology, a pact aimed at taking on Cisco Systems (CSCO). Sunnyvale, Calif.,-based Ruckus, a maker of Wi-Fi networking gear, competes with Aruba Networks in the enterprise market. In March, Hewlett-Packard (HPQ) agreed to acquire Aruba Networks for about $3 billion in cash, which will boost
Cracking the Chinese tech infrastructure market is becoming more challenging for U.S. heavyweights Cisco Systems and Hewlett-Packard as the cyberspying issue heats up. China’s government is discouraging its companies from buying tech gear from large U.S. vendors such as Cisco (CSCO) and HP (HPQ) in the wake U.S. government allegations last year that the Chinese government had sponsored cyberspying on U.S. companies. “They are really pushing harder
The silver lining for Hewlett-Packard (HPQ), with its Q2 earnings posted late Thursday, appears to be more about cost savings than growth. The computer products company posted a mixed bag of earnings numbers for the quarter ended April 30, but still HP stock was up Friday. Along with reporting EPS that was 2 cents better than expected, HP said that costs associated with its move to split into two companies will be $400 million to $450 million,