Germany's Software AG offers €15 in cash for each remaining IDS Scheer shareAugust 17th, 2009 Software AG offers to buy remaining Scheer sharesFRANKFURT — Germany's Software AG said Monday it was offering euro15 ($21.15) a share in cash for all the outstanding stock of fellow software company IDS Scheer AG after announcing in July it intended to acquire the company. Darmstadt-based Software AG said in a statement the offer would start Monday and run until September 18.
Germany's Software AG sees 2nd quarter net profit rise by 7 percentJuly 22nd, 2009 Software AG 2Q net profit up 7 percentFRANKFURT — Germany's Software AG said Wednesday that its second quarter net profit rose 7 percent on a strong improvement in revenue from licenses and maintenance. The Darmstadt-based company reported a net profit of euro29 million ($41 million) in the April-June period, compared with euro27 million a year earlier.
Germany's SAP announces offer for Swiss forecasting software company SAF worth over $90MJuly 20th, 2009 SAP offers to buy Swiss-based software company SAFBERLIN — Germany's SAP AG on Monday offered to buy SAF Simulation, Analysis and Forecasting AG in a deal that values the Swiss-based developer of ordering and forecasting software at euro63.7 million (US$90.6 million). Business software maker SAP said it has a "long history of successful cooperation" with SAF but currently holds no shares in the Taegerwilen, Switzerland-based company.
Software maker Retalix plans to sell stake; founder who is CEO to retire at year's endSeptember 3rd, 2009 Investor group to take 20 percent stake in RetalixRA'ANANA, Israel — Software maker Retalix Ltd. said Thursday it will sell a 20 percent stake in the company to a group of investors.
Offer from Russian investor puts value of at least $6.5 billion on FacebookJuly 13th, 2009 Offer puts value of at least $6.5B on FacebookNEW YORK — How much is Facebook worth? A Russian investment firm appears to put it at $6.5 billion to $10 billion. The investment group, Digital Sky Technologies, said Monday it will buy up to $100 million worth of Facebook shares from current and former employees.
Medidata Solutions shares surge up to 29 percent above IPO value in first day of tradingJune 25th, 2009 Medidata Solutions shares surge on IPONEW YORK — Shares of software maker Medidata Solutions surged 29 percent beyond the company's initial public offering value Thursday. Early Thursday, the company priced an initial public offering of 6.3 million shares at $14 apiece, putting the value at $88.2 million.
CDC Corp. posts $3 million 2nd-quarter profit, reversing year-ago loss, despite revenue dropAugust 18th, 2009 CDC Corp. climbs to 2Q profit, shares jumpNEW YORK — Business software company CDC Corp. on Monday reported a $3 million second-quarter profit, reversing a year-ago loss, as cost-cutting measures offset a drop in revenue.
Ebix acquires software maker E-Z Data for $50.3 million in cash and stockOctober 1st, 2009 Ebix acquires E-Z Data for $50.3 millionATLANTA — Software supplier Ebix Inc. said Thursday that it acquired software maker E-Z Data Inc.
Shares of Chinese software developer Longtop fall after narrow miss on fiscal 1Q earningsAugust 19th, 2009 Mover: Longtop shares dropNEW YORK — Shares of Chinese financial software developer Longtop Financial Technologies Ltd. dropped Wednesday morning after a narrow miss for the company on fiscal first-quarter profit.
Synopsys board authorizes new buyback program, may repurchase up to $500 million in stockSeptember 9th, 2009 Synopsys to buy back up to $500 million in stockMOUNTAIN VIEW, Calif. — Synopsys Inc., which makes software to develop and test chips, on Wednesday said its board replenished its stock repurchase authorization, allowing the company to buy back up to $500 million in common stock.
Tibco Software shares up after 3Q results top Wall Street forecastsSeptember 25th, 2009 Tibco Software shares up after 3Q resultsNEW YORK — Shares of Tibco Software Inc. rose Friday after the company's third-quarter earnings topped Wall Street expectations with the help of lower expenses.
Advertising blitz: Yahoo to spend more than $100 million in latest attempt to rejuvenate brandSeptember 22nd, 2009 Yahoo to spend $100M in bid for more brand buzzSAN FRANCISCO — Yahoo Inc. believes a lot of its good work has been overlooked by investors and the media so it's spending more than $100 million to get the word out to consumers directly.
Nintendo profit tumbles 61 percent in April-June on fewer hit gaming titles, stronger yenJuly 30th, 2009 Nintendo profit tumbles as gaming hits dwindleTOKYO — Nintendo's quarterly profit tumbled 61 percent, hurt by a stronger yen and fewer blockbuster games for its popular Wii gaming console and DS handheld device. The Kyoto-based company said Thursday its April-June net profit fell to 42.3 billion yen ($445.2 million) from 107.3 billion yen a year earlier.
Quest Software 2nd-quarter profit more than doubles to tops Wall Street estimatesAugust 11th, 2009 Quest Software's 2Q results beat expectationsALISO VIEJO, Calif. —Quest Software Inc.
Wipro admits to World Bank barring it from securing contractsJanuary 11th, 2009 BANGALORE - Global software major Wipro Technologies Monday admitted that the World Bank had barred it from securing its contracts from 2007 to 2011. 'The World Bank determined in June 2007 that Wipro would be ineligible to contest direct contracts from 2007-2011,' the IT bellwether said in a notification to the stock exchanges.
Comment Below | 
Email this Article
Loading ...