Germany's Software AG hopes to merge with IDS Scheer in euro477 million offer for Scheer sharesJuly 14th, 2009 Software AG hopes to merge with IDS ScheerFRANKFURT — Germany's Software AG said Tuesday the company hoped to acquire 100 percent of fellow software company IDS Scheer AG in a bid to increase its presence and global competitiveness. Darmstadt-based Software AG said it would likely spend euro477 million ($668 million) for all outstanding shares of Saarbruecken-based IDS Scheer at about euro15 a share, and that it had already had a commitment from the company's two main owners for the 48 percent of the share capital those two individuals hold.
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.
Facebook brought in more money than it spent in previous quarter, ahead of 2010 goalSeptember 15th, 2009 Facebook says it's bringing in more than it spendsSAN FRANCISCO — Facebook says it is now bringing in more money than it is spending. The social networking site had previously said it expected to achieve this goal sometime next year.
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.
Nasdaq's second-quarter profit drops, hurt by charge tied to asset sale, currency translationAugust 6th, 2009 Nasdaq OMX Group's 2Q profit falls 31 percentNEW YORK — Nasdaq OMX Group Inc. said Thursday its second-quarter profit fell 31 percent amid losses tied to foreign currency translation and a charge from selling its stake in Orc Software.
Government supersedes Satyam board, sacks remaining directorsJanuary 8th, 2009 HYDERABAD/NEW DELHI - The government Friday evening superseded the Satyam board and dismissed three remaining directors, including two independent ones, of the tainted IT major. The government has cancelled a Satyam board meeting scheduled for Saturday in Hyderabad.
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.
Software piracy costs industry $50 bn, says studyMay 13th, 2009 SAN FRANCISCO - Software piracy cost companies more than $50 billion last year, according to a study by the Business Software Alliance, an industry trade group. The report released Tuesday said that worldwide losses totaled $53 billion, an 11-percent increase over the previous years.
Facebook says it brought in more money than it spent in 2nd qtr, ahead of 2010 goalSeptember 15th, 2009 Facebook says it passed key financial milestoneSAN FRANCISCO — Facebook Inc. said Tuesday it achieved an important financial milestone, bringing in more money than it spent in the last quarter.
Sun (SUNW) is heading in the wrong direction.January 15th, 2005 Much as I try to understand, I think Sun's freeing up of Solaris is a bad bad move. Solaris was their cash cow!
If I were in the hot seat I would have kept Solaris up and running as paid-for-software with new innovations (like dtrace) and simultaneously have gone for:
1.
Dell to buy Perot Systems for about $3.6B in cash, taking another step beyond the PC marketSeptember 21st, 2009 Dell agrees to buy Perot Systems for about $3.6BNEW YORK — Dell Inc. says it has agreed to buy the information technology services company Perot Systems Corp.
Business software provider QAD's 2nd-quarter loss essentially flat, revenue down 26 percentAugust 25th, 2009 QAD reports flat 2Q loss, sees small 3Q profitSANTA BARBARA, Calif. — Business software provider QAD Inc.
IBM To Acquire FileNet Content Management Software For $1.6 Billion CashAugust 10th, 2006 FileNet is a publicly traded California company with an annual revenue last year of nearly $422 million. The 24-year-old company is one of the largest specialists in content and document management software sold to large corporations.
Nucleus Software enters Mexican marketJune 16th, 2009 BANGALORE - Nucleus Software Exports Ltd has tied up with Mexican consulting and distribution firm Praxis to market its software products in the Latin American country, the leading IT products firm said Tuesday. As our channel partner, Praxis will distribute our software products in the banking, insurance and financial services (BFSI) sector in the Mexican market and enable us to strengthen our presence in Latin America, Nucleus global sales head Niraj Vedwa said in a statement.