Sprint Nextel announced that it will acquire two resellers of the Sprint service and bring those subscribers under the Sprint Nextel Brand. It will pay around $288 million for Gulf Coast Wireless, which has 95,000 subscribers in Louisiana and Mississippi. IWO Holdings, which has 237,000 subscribers in New York, New Hampshire, Vermont, Massachusetts […]

Science Applications International, based in San Diego, is the largest privately held defense contractor for scientific, engineering, systems integration and technical services to the U.S. Government and commercial markets. It has many offerings but generally focuses on security, intelligence and homeland defense.

The company also filed for a capital restructuring and will create a parent company called SAIC Inc., with its current shareholders becoming shareholders of the parent company. Given the restructuring and size of the initial offering, SAIC does not expect the IPO to finalize until 2006.

Gamers may have to wait a little longer for the Xbox 360, but it may be worth the delay. IGN has received information from three unnamed retail chains that the next-gen console will be now be available for wale on Friday, November 25th – the day after Thanksgiving and the largest shopping day in the States. Launch titles will still be available before the console, with sales starting on Monday, November 22nd.

Officially, Microsoft has told the public the Xbox 360 will be available “this fall”. Unofficially, the company has said that November would be the launch month.

This extra time will give developers additional time to finish launch titles and still release the system in time to capitalize on the “holiday rush”.

IBM recently announced the formation of a Venture Capital Advisory Council to work with IBM to encourage and aid deployment of open standards based solutions, with a focus on emerging markets. The Council “will meet throughout the year to review opportunities for startups in IBM’s partner programs”.

Initial members of the Venture Capital Advisory Council include venture capital partners at Accel Partners, Darby Overseas Investments, Ltd, Draper, Fisher and Jurvetson, Hummer Winblad Venture Partners, 3i, U.S. Venture Partners, and Walden International.