Lawson Software has agreed to be purchased by Infor affiliate GGC Software Holdings for roughly US$2 billion, the company announced Tuesday.

The U.S. Department of Justice will require Google to develop and license travel software to competitors as a condition of its US$700 million acquisition of travel software maker ITA Software.

IBM on Thursday demonstrated its fastest graphene transistor, which can execute 155 billion cycles per second, which is about 50 percent faster than previous experimental transistors shown by the company's researchers.

A federal judge yesterday tossed a $625.5 million patent infringement judgment against Apple, discarding a 2010 jury verdict that said the company violated patents in its iPhone, iPod, iPad and Mac OS X.

Texas Instruments on Monday announced it has agreed to acquire semiconductor company National Semiconductor for US$6.5 billion in an all-cash transaction.

Lawson Software customers still don't know the fate of the company following Infor's roughly US$1.8 billion acquisition offer earlier this month, with just days to go before Lawson's annual CUE conference in Boston.

Microsoft has agreed to pay $7.5 million to purchase a block of 666,624 IPv4 addresses from bankrupt Canadian telecom equipment maker Nortel in a move that some see as a signal of the increasing value of IPv4 addresses.

Oracle's net income for the third quarter ended Feb. 28 rose 78 percent to US$2.1 billion over the same period last year, helped by strong software sales and an improving hardware business, the company said Thursday. Revenue for the quarter jumped 37 percent to $8.8 billion.

AT&T will buy T-Mobile USA for $39 billion in cash and stock, easily making AT&T the nation's largest wireless carrier, ahead of top-ranked competitor Verizon Wireless and reducing the number of major national wireless carriers from four to three.

Computer system problems at one of Japan's biggest banks continued on Friday, with Mizuho Bank unable to process salary payments for more than half a million people. The bank also said its Internet banking service and ATMs would be offline over Japan's upcoming three-day weekend.

External controller-based disk storage has recovered from the global recession, exceeding the record sales figure from 2008 with revenue in 2010 of more than US$19.4 billion, according to research company Gartner.

Intel has completed its US$7.68 billion acquisition of security vendor McAfee, the chip maker announced on Monday.

SAP wants a judge to reduce the US$1.3 billion award a jury granted Oracle last year in its intellectual property-theft lawsuit to no more than $408.7 million, and also asked for a new trial, according to filings made late Wednesday in U.S. District Court for the Northern District of California.

Novell's shareholders have approved the sale of the company to Attachmate for about US$2.2 billion, although the deal depends on Novell getting approval to sell hundreds of patents to a consortium led by Microsoft.

Nokia on Sunday hinted that Microsoft essentially won a bidding war against Google to supply software to the world's largest handset maker and that the software giant agreed to pay “billions” of dollars for the privilege.

Cisco beat analyst estimates with its second-quarter earnings, posting revenue of US$10.4 billion and earnings per share, excluding expenses, charges and other items, of $0.37.

Microsoft tallied US$19.95 billion in revenue for the quarter ending Dec. 31, a record second-quarter high for the company, it said Thursday.

Cisco has invested in Tilera, a developer of multicore processors for cloud computing and communications, as part of the chip maker's $45 million round announced this week.

Apple on Tuesday reported record revenue of US$26.74 billion for its first fiscal quarter, driven by sales of iPhones, Macs and iPads.

IBM said Tuesday that net income for the fourth quarter ended Dec. 31 rose 9 percent to US$5.3 billion year over year, helped by strong performance in growth markets as well as software and mainframe sales. Revenue for the quarter was $29 billion, a 7 percent increase.