1. Articles in category: Hardware

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    1. IBM outlines plan to revamp business for investors

      IBM outlines plan to revamp business for investors

      NEW YORK (AP) — IBM's CEO says the company's plan to revamp its business to shift away from hardware and focus on business analytics, cloud computing, mobile services and security is on track.

      In a media briefing ahead of an investor conference in New York on Thursday, Virginia Rometty said the company plans that the new tech markets should make up 40 percent of IBM's business, or $40 billion, in the next 4 years. That's up from 13 percent five years ago and 27 percent by the end of this year.

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    2. Colorado Springs company cuts product line once touted as its 'future'

      Colorado Springs company cuts product line once touted as its 'future'

      Atmel Corp. said Wednesday it will sell or shut down its XSense product line in Colorado Springs, just 15 months after introducing it with great fanfare at its local manufacturing plant.

      XSense, which was designed to be used in smartphones, tablets and other touchscreen devices, was the first product made at the local plant besides semiconductors in the 25 years the California-based company has owned the facility.

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    3. NexGen Storage re-emerges from SanDisk to be independent startup again

      NexGen Storage re-emerges from SanDisk to be independent startup again

      A data storage company acquired in a high-profile $119 million deal in 2013 is back as an independent, growing company. NexGen Storage Inc., based in Louisville, spun out Jan. 8 from being "buried in the depths of a big corporation," co-founder John Spiers said. It has plans to hire dozens of people in coming months as it again tries to claim a chunk of the $30 billion data storage hardware market. "At the end of the day, it all turned out great for us," said Spiers, NexGen's CEO. "The founding…

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