News Briefs

Sun Execs Detail Software Plans

Sun Microsystems Inc. plans to ship a version of its Java Enterprise System software for Red Hat Linux within 60 days and add Windows and HP-UX releases by year's end. Executives said Sun will also detail a road map for identity management tools in the next 60 days. [For more details, go online: QuickLink 45507].

Nortel Places CFO, Controller on Leave

Nortel Networks Ltd. said it has put its chief financial officer and controller on paid leaves of absence while an audit committee reviews the company's financial results for last year. The leaves of absence were initiated one week after Nortel disclosed that it likely will have to revise the 2003 results.

Veritas to Restate

Veritas Software Corp. said it will restate its financial results for 2001 and 2002 after an internal investigation showed shortcomings in its accounting practices for those years. Veritas will also revise its results for last year.

Copyright © 2004 IDG Communications, Inc.

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