News briefs

05.12.2005
Cray chief scientist to join Microsoft

The chief scientist at supercomputer maker Cray Inc. resigned his post last week to take an undisclosed job at Microsoft Corp. Burton Smith will leave Cray this week and is also stepping down as a director of the company. Smith was one of the founders of Tera Computer Co., which bought Cray Research from Silicon Graphics Inc. in 2000 and renamed itself Cray Inc.

Symantec updates compliance tool

Symantec Corp. has brought out upgrades to the discovery tool for its Veritas Enterprise Vault e-mail and instant messaging archiving software. The new Compliance Accelerator Version 6.0 is designed to help financial services companies comply with U.S. Securities and Exchange Commission regulations and National Association of Securities Dealers rules that deal with electronic messaging.

Cisco to purchase security service

Cisco Systems Inc. has agreed to buy Cybertrust Inc.'s Intellishield Alert Manager information service, including intellectual property and customer contracts, for $14 million in cash. Under the terms of the deal, Cisco will buy Cybertrust's Intellishield Alert Manager information service, which will be rolled into Cisco's MySDN security information Web site. The acquisition is expected to be completed early next year.