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Novell agrees $2.2bn buyout

Admire Moyo
By Admire Moyo, ITWeb's news editor.
Johannesburg, 24 Nov 2010

Novell agrees $2.2bn buyout

Novell, one of the earliest names in networking, has agreed to a $2.2 billion buyout by software company Attachmate as well as a sell-off of $450 million worth of intellectual property assets to a consortium organised by Microsoft, says Network World.

Novell made a name for itself in the 1980s with its once dominant NetWare network operating system but in recent years has struggled financially as it attempted to establish leadership in markets from open source software to workload management.

Novell has strung together eight straight quarters of year-over-year revenue declines.

Utility ditches WiMax for LTE

The Australian energy utility charged with running the federal government's $100 million Smart Grid, Smart City trial across NSW this week back-flipped on plans to build a WiMax wireless broadband network, instead choosing long term evolution (LTE) as a technology base, reports Computerworld.

EnergyAustralia initially revealed the construction of a private WiMax network in May, with plans to build 140 base towers and roll out 800 kilometres worth of fibre optic cable over an 18-month project for use with some 15 000 smart monitoring devices and mobile field computers.

The network would also be used to help monitor the Smart Grid, Smart City trial spanning 50 000 homes in Sydney, Newcastle, Ku-ring-gai, and the Hunter region.

Tech giants up networking efficiency

A new industry workgroup, including Cisco and Sony Electronics, will begin work developing energy efficiency targets and best practices for networking technologies, states Reuters.

The Climate Savers Computing Initiative said the expanded focus of the organisation will include improving the energy efficiency of networking equipment such as routers, switches and connected devices that power everything from the Internet to mobile technologies.

The networking workgroup brings together new and existing leadership from the global tech community. Other participating companies include CompTIA, Emerson Network Power, Finisar, Intel and Juniper Networks.

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