Forrester buys Giga for $50M

The deal represents the biggest yet consolidation of IT analyst groups, which flourished during the 1990s. It follows the demise of the Hurwitz Group at the tail-end of last year and the merger of Jupiter Communications with Media Matrix in September 2000.

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HP's Alpha may be going, but OpenVMS is here to stay

Bloor reports from HP ENSA@work in Amsterdam; HP is fully committed to OpenVMS.

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IONA Announces Fourth Quarter Results: Pro Forma Operating Profitability; GAAP loss of $308 Million

IONA announced revenues of $30.9 million and pro forma net loss of $0.1 million or $0.00 per share. For the full year 2002, IONA reported revenues of $123.2 million and a pro forma net loss of $28.1 million, or ($0.88) per share. On a U.S. GAAP basis, after taking into account the foregoing items, IONA reported a net loss of $308.0 million or ($9.38) per share for the fourth quarter of 2002. This includes a non-recurring, non-cash charge of $307.6 million for the impairment of goodwill and intangible assets and the retirement of certain fixed assets. For the full year 2002, IONA reported a net loss of $369.3 million or ($11.58) per share.

The company expects revenue in the range of $24 - $26 million in the first quarter of 2003. The company expects a first quarter pro forma net loss per share to the range of ($0.11) - ($0.15).

Iona CEO Barry Morris said software license revenue rose 33 percent from the third to the fourth quarter.

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JBoss wooing BEA customers

Open source group JBoss claims the latest enhancements to its JBoss 3.0 product result in equal or better performance, security and developer productivity to comparable BEA Systems' WebLogic products without inherent licensing constraints and financial costs. read Internet News

The port enables rapid migration of applications running on BEA WebLogic to JBoss 3.0 - allowing organizations to obtain equal or better performance, security and developer productivity on the open source JBoss server without the licensing constraints and financial costs inherent to WebLogic.

JBoss press release

The Challenge of Integrating Database Applications with XML

An article on ebizq.net by Ronan Bradley, PolarLake CEO, that looks at how databases are central to most enterprises’ IT infrastructure, and integrating them must be key to any transition to XML or Web services.