Articles Related to cost-savings

Storage area network (SAN) switch vendor Brocade is buying rival McData for US$713 million in shares. Brocade aims to save $100 million a year through headcount reductions and other cost-savings. Both company boards have approved the acquisition.

Thursday marked the first official day of Microsoft Corp.

On the first official day of its new software licensing program, Microsoft Corp. is staying mum on the number of customers who have signed up, but so far the new strategy seems to have been met with confusion and frustration on the part of customers and industry observers.

With financial markets still unfavourable and financiers still clinging tightly to their wallets, another Canadian company has boarded the sinking CLEC ship.