PC Shipments May Top Earlier Forecast
Worldwide personal-computer shipments will rise more than expected this year, gaining 12.7 percent, according to research company Gartner. PC unit shipments will rise to 206.6 million in 2005, with revenue of $202.7 billion, Gartner said, revising upward its May estimate of 10.2 percent growth. Lower prices and enhanced wireless Internet hookups are driving demand for notebook computers, bolstering PC shipments, Gartner said.
IBM Creates Panel to Find Start-Ups
International Business Machines created an advisory panel of venture capitalists to help identify start-ups that may become suppliers, customers or acquisition targets. Investors from seven firms including Accel Partners, Hummer Winblad Venture Partners and U.S. Venture Partners will meet with IBM executives to suggest products and companies that may be of interest, IBM said.
Yahoo Co-Founder Lays Out Share-Sale Plan
Yahoo said co-founder David Filo plans to sell as many as 2 million shares of Yahoo, establishing a plan for the sale over a 12-month period beginning in October. The arrangement, laid out in a filing with the Securities and Exchange Commission, is similar to one co-founder Jerry Yang filed in May.
MERGERS & ACQUISITIONS
Autodesk Adds Motion Simulation
Autodesk, whose software is used to design buildings and create special effects for movies, bought Solid Dynamics to gain programs that analyze motion simulation. Terms weren't disclosed.
Engineering Software Firms Combine
Bentley Systems, which makes software for the architecture engineering and construction markets, agreed to buy NetGuru's Research Engineers International Business subsidiary for $23.5 million in cash. The subsidiary makes software for civil and structural engineering. The deal is expected to close by the end of the year.
Anti-Spyware Developer Sold
Internet-service provider EarthLink said it will buy Aluria Software, a developer of products that combat spyware. Terms were not disclosed.
Compiled from news service reports.