Sponsored by Dell

Cheap valuations and glimmers of economic recovery are tempting cash-rich technology companies to seek acquisitions, and the second half of 2009 could see some steady dealmaking.

China's Huawei Technologies took the No. 3 position in the ailing mobile network gear market in the first quarter, doubling its market share from a year ago and bypassing Alcatel-Lucent .

Dell Inc is still cautious about corporate technology spending, but plans to make acquisitions and aggressively pursue enterprise customers in an effort to win back market share in the United States.

Dell Inc , plans to aggressively pursue corporate customers in an effort to win back market share in the United States, even as enterprise technology spending remains uncertain.

Acer Inc, the world's third-largest PC brand, plans to introduce a phone model running on Google's Android software this year, the head of its phone unit said on Wednesday.

Today, Dell introduced the new Latitude 2100 netbooks designed for use in schools for students in K-12. The new netbooks has a rubberized design that is easier for children to carry and use safely which also helps the machine to withstand rigorous living with kids.

Hewlett-Packard Co gave a disappointing outlook for its full-year revenue as consumers and businesses reduce spending on computers, printers and services, sending its shares down about 5 percent.

Hewlett-Packard Corp , due to report results after the market close today, will be looking to showcase its steadiness amid weak corporate spending and a competitive landscape in a state of flux.

Yet another “Laptop Hunter” ad from Microsoft has been rolled out that attacks Apple on its higher-end price tag.

EU antitrust regulators are expected to say this week that Intel Corp illegally paid computer makers to postpone or cancel the launch of products containing chips made by its main rival, sources familiar with the case said on Sunday.

McAfee Inc , the No. 2 security software maker, reported a stronger-than-expected quarterly profit, helped by new software modules and partnerships with PC vendors.

Bristol-Myers Squibb Co on Tuesday said its first-quarter profit slipped 3 percent, as negative foreign exchange factors and falling sales of its Erbitux cancer medicine more than offset higher revenue from other medicines.

Specialty glass maker Corning Inc posted a better-than-expected quarterly profit, boosted by cost cutting and improving demand for glass for flat screen televisions and computer monitors.

Microsoft Corp's quarterly profit fell 32 percent, but its shares rose as investors welcomed continuing efforts to cut costs and news that the release of its Windows 7 operating system is on track.

A solid crop of earnings reports from the leading lights of technology suggests the sector is proving adept at cost cuts and more resilient to the economic meltdown than previously thought.

Microsoft Corp. said Thursday that its quarterly revenue fell from the previous year for the first time in its 23-year history as a public company.

Investors are looking to Microsoft Corp's earnings report on Thursday for a sign that the worst may be over for the economy and that the recent surge in technology stocks is not pure froth.

Oracle Corp plans to enter the computer hardware market by buying Sun Microsystems Inc for more than $7 billion, swooping in after Sun's talks with IBM fell apart.

Global shipments of personal computers slid 7.1 percent in the first quarter, industry tracker IDC said on Wednesday, although falling prices and the increasing popularity of netbooks helped keep sales from slipping even further.

Abbott Laboratories Inc said first-quarter profit rose, fueled by one-time gains and growing demand for its Xience stent and Humira arthritis drug, but overall sales were shy of expectations.

Dell rose nearly 4 percent on Wednesday after Craig-Hallum analyst Christian Schwab raised upgraded the stock from buy to neutral and raised his new price target for the computer maker to $19, nearly double the firm’s closing price of $9.83 yesterday.

Acer Inc , the world's third-largest computer maker, gave an upbeat outlook for the current quarter, pinning its hopes on the launch of a number of new products.

Cisco System and Dell are unlikely to bid on Sun, nor are other possible suitors, analysts are predicting, following the reported breakdown of talks with Sun and IBM.

Dell said Monday it has agreed to sell $500 million in notes due in 2014 with the largest bank in America serving as underwriters as shares gained 1 cent to close at $10.33 after analyst raise his share to a buy from neutral with price target of $11.40.

Investors seem to be getting comfortable with Apple Inc's stable of executives amid uncertainty about Steve Jobs' return to the helm of the consumer electronics titan he founded.

IBM cut its offering price for Sun Microsystems Inc to $9 to $10 per share, The Wall Street Journal reported on Thursday.

Global information technology spending will fare worse in 2009 than during the dotcom bubble collapse of 2001, industry research firm Gartner Inc said on Tuesday in cutting earlier projections.

Hewlett-Packard on Monday rolled out an updated line of computer servers featuring Intel's new Nehalem Xeon microprocessor, touting their lower power use and higher performance to capitalize on customers' cost-cutting initiatives.

Fujitsu Ltd reaffirmed the company's commitment to its high-end computer server franchise, even though its partner in that business faces an uncertain future.