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HP has strong PC, software sales, but Q2 profit dips (InfoWorld via Yahoo! News) - Helped by double-digit sales growth in PCs and software from its Mercury Interactive acquisition, Hewlett-Packard reported a 27 percent increase in operating profit on a 13 percent rise in revenue in fiscal second quarter financial results released Wednesday. But net profit slipped by 7 percent from the same quarter last year.

Symantec sues distributors for alleged fake software (InfoWorld via Yahoo! News) - Symantec is suing eight businesses for allegedly selling counterfeit software, the security vendor said Wednesday.

Symantec sues eight companies over software piracy (Reuters via Yahoo! News) - Symantec Corp. , maker of the Norton Antivirus software, said on Wednesday it has sued eight companies it accuses of illegally copying its computer security software, seeking more than $55 million in damages.

Symantec Sues Eight Companies, Claims Software Copied (Update1) (Bloomberg.com) - May 16 (Bloomberg) -- Symantec Corp., the largest maker of anti-virus software, said it sued eight businesses it claims are selling counterfeit versions of the company's products, including the Norton Internet Security program.

Lawson Software Signs Pact With Pinnacle (AP via Yahoo! Finance) - Lawson Software Inc., which provides business software and services, said Wednesday it signed a multi-suite software and services contract with Pinnacle Airlines Corp.

BEA Software Raises Revenue (TheStreet.com) - The software maker beats sales estimates but does not report full earnings because of its options probe.

Software Security Breach At Indianapolis Public Schools (WISH-TV Indianapolis) - By Jay Hermacinski News 8 @ 11:00 INDIANAPOLIS - IPS parents discovered their children's social security numbers may be compromised. The problem stems from a computer software security breach. IPS says

Oracle Buys Agile Software (New York Times) - The business software maker made yet another acquisition with a $495 million deal to buy Agile Software.

Faulty software threatens to delay home packs launch (Times Online) - Software glitches threatened yesterday to scupper the launch of Home Information Packs in June as ministers came under further pressure to delay the proposals.

The Inside Story On Oracle's Deal To Acquire Agile Software (InformationWeek) - Oracle's Charles Phillips and Agile Software CEO Jay Fulcher have known each other for 20 years. Here's what they plan to do moving forward.