Software & IT services

ServiceNow CEO says they don't have many rivals

ServiceNow's CEO said the company continued to grow because they don't have many rivals. ServiceNow continued to sparkle in Wall Street analysts' eyes following its success to maintain its status as a premier growth stock.


Cisco to purchase Sourcefire for US$2.7 billion

Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.

Compuware renews attempt to sell itself - sources

According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.

Apple cuts budget for retail store supplies by 30%

Apple lessened its budget for retail store supplies like pens and papers by 30% and reduced costs for employee trainings.


Latest News

North Carolina based Telecommunications equipment maker, CommScope Holdings Co announced that they have filed the necessary documentations for an initial public offering.
Fire Eye Inc, the cyber security firm owned by former McAfee CEO Dave Dewalt, announce that they have filed documentation for an IPO to raise an estimated US$175 million.
Yahoo acquires Rockmelt Inc. for a deal valued at USD50 million according to sources familiar with the matter.
Active Network said that its board was considering proposals to invest or purchase in the company. Active Network's shares rose 25% during midday trading on Friday.
ValueClick's shares plunged by 17% after the corporation missed the expectations of Wall Street.
Google's Motorola Mobility launched the Moto X smartphone to revive the business. Today, the Motorola Mobility unit of Google Inc launched its flagship Moto X smartphone with customizable colors.
The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing. On Friday, the US Department of Justice and 33 US states said that Apple Inc deserved a five-year ban from participating in anti-competitive e-book distribution deals.
Indian Angel Network invested in IndiaCollegeSearch, an online search engine dedicated for Indian educational institutions.
HootSuite gained US$165 worth of Series B funds from several investors today. HootSuite, an application catering to Twitter users, announced today that it has gained more funds worth US$165 million for its Series B fundraiser.
The Special Committe of Dell entered a revised merger deal with Silver Lake and Michael Dell. According to an announcement made by the Special Committee of the Board of Dell Incorporated, the company entered a revised definitive merger deal with Silver Lake Partners and Michael Dell.
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