It's whispered that EMC subsidiary VMware will be spending its post-IPO money on acquisitions and that it has Opsware in its sights because Opsware, whose market cap is around $814 million, would give it a virtualization management suite. Opsware of course was started by Netscape co-founder Marc Andreessen.

Novell Thinks Acquisitions
Novell CEO Ron Hovsepian, who's sitting on a tidy little stash, says the company has been looking at acquisitions in its core markets.

Concurrent Raises $14m
Concurrent is raising $14 million through a private placement and will use the money for general purposes including working capital and capital expenditures.

Sun To Spend $3b on Buy Back
Sun, which is sitting on a pile of cash, is going to buy back $3 billion worth of stock to try to tickle its price. When isn't clear.