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Telecom Italia has reported a 35% decrease in net profit to 510m euros ($784m) for the first quarter 2008, on revenue down 2.4% at 7.30bn euros ($11.22bn). The decline was attributed to lower sales and increased costs.

Alcatel-Lucent has won an outsourcing contract, estimated to be worth between $450m and $500m, with India-based mobile operator Reliance Communications (RCom) to provide managed services for CDMA and GSM networks in northern and western India.

Open source project OpenOffice.org has released OpenOffice 3.0 beta, an application suite that runs on Apple OS X's native Aqua user interface.

General Dynamics UK has won an 85m pound ($165m) contract with the UK Government as part of its initiative to improve economic, educational, and defense links with Libya.

A MARRIAGE between Hewlett-Packard and EDS would create the largest IT and services company in Australia, at the expense of IBM.

TECH providers have been put on notice following St George's green light to merge with Westpac.

Hewlett-Packard has confirmed it is in talks to acquire IT services company Electronic Data Systems in a deal that would give it more competitive muscle against worldwide services market leader IBM.The price tag for EDS could be around $13 billion, according to a report in the Wall Street Journal published on Monday.Both companies issued statements Monday confirming that they are in "advanced discussions" about a merger. They said they would not comment further until a deal is reached or the discussions end, and they each cautioned that there is no guarantee that they will come to an agreement.The deal would strengthen HP's competitive position against IBM, whose Global Technology Services division has long been a strong profit generator for the company."I see it as an attempt by HP to really go head to head with IBM in a much more meaningful way, especially in technology services and IT outsourcing," said Dana Stiffler, research director with AMR Research.Even afte

Matching up critical components in the SOA space, SOA Software, which provides SOA governance automation, said Monday it has acquired SOA repository and governance vendor LogicLibrary.The combination creates an integrated SOA automation solution, SOA Software said. Enterprises can accelerate adoption of SOA with rapid delivery of services for distributed and mainframe environments, the company said.The addition of LogicLibrary technology extends SOA Software integration capabilities across governed deployment platforms, such as IBM, JBoss, Microsoft, and SAP, SOA Software said."Basically, what LogicLibrary brings to us is SOA asset lifecycle management as well as SOA development governance and SOA repository," said Roberto Medrano, executive vice president at SOA Software. "Those are important to complete our integrated SOA governance [portfolio].""From our standpoint, this provides complementary technology so we can provide [an] end-to-end integrated governance solution," added Brent

THE Rudd Government has committed $271 million to broadband for people living in the most remote parts of Australia.

NEW technology in schools will be funded by hitting business with an extra $1.3 billion in taxes on software.