Blue Coat Systems has brought in a new CEO, spinning the change as a way to free up outgoing boss Brian Nesmith from the daily grind of managing the company to instead work on product strategy.
avocent - News, Features, and Slideshows
The top 10 mergers and acquisitions in the network industry in 2009 all cracked the billion-dollar barrier, and involved vendors in hardware, IT services, collaboration, storage, wireless infrastructure and other segments. IT behemoths such as Oracle, Cisco, Dell, HP, EMC and IBM were among the biggest spenders.
IT infrastructure provider Avocent Corporation is set to be snapped up by Emerson Electric in a deal worth around US$1.2 billion, or $25 a share.