IBM Corp. might acquire Sun Microsystems to expand its data centers capabilities before an anticipated consolidation in the server market, according to market watchers.
Management Services Group Inc. will provide software and hardware services to meet new Navy computer platform requirements under a contract worth $95 million.
The newly formed Torrent Government Contracting Services LLC plans to bid on federal and state government contracts with business partners that include Wells Fargo and Co., Connective Technologies Inc. and ChoicePoint.
With the national economy in a deep recession and the Obama administration putting billions of dollars into recovery and bailout programs, venture capital firms are simultaneously cautious about new investments and guardedly optimistic about the future.