Software & IT services

CSC Selling Reseller Unit

CSC divesting interest in ESI. An agreement was recently reached by CSC and Itochu Techno-Solutions Corporation (CTC) together with the ITOCHU Corporation for the sale of the Enterprise Systems Integration (ESI) unit at CSC.


US$2.5 Billion Funding for Pinterest

Pinterest wins US$200,000 funding to increase value to US$2.5 billion. (A screen grab of the home page of Pinterest. com) Pinterest, the most popular online image pinboard recently won US$200 million worth of new funding for its operations.

Total System Services Inc. Plans to Acquire NetSpend Holdings

TSYS widens its presence in prepaid card market through its plan to purchase debit card provider NetSpend Holdings Inc.

Exar says to buy assets of privately-held Altior

Exar Corporation announced that it will acquire the assets of Altior Inc., a privately held company in Eatontown, New Jersey


Latest News

Electronic Arts and Samsung Electronics have teamed up to draw developers to the Korean giant's fledgling apps store
Some fund shareholders of Dell Inc DELL.O said they were outraged by company founder Michael Dell's plan to take the computer maker private for less than $14 a share, accusing him of effectively trying to steal the company.
Panattoni Europe has disposed of two portfolios of logistics assets located in Poland, totaling 402,000 sqm of space to affiliates of LogiCor
Bids, mergers, acquisitions and disposals on Thursday The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:- Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave Ltd (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.
China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc China's largest auto parts maker won U. S. government approval to buy A123 Systems Inc, a maker of electric car batteries, despite warnings by some lawmakers that the deal would transfer sensitive technology developed with U.
The Justice Department urged regulator on Tuesday to defer action on its investigation of Softbank's takeover of Sprint Nextel
A bid to take Dell Inc private by buyout firm Silver Lake and its partners underscores the financing market's willingness to lend up to $15 billion
Xerium Technologies Announces Another Step In Its Restructuring Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of clothing and roll covers used primarily in the paper production process, is announcing today the closing of 2 more of its manufacturing plants, the further reduction of headcount in Europe and the movement of polyurethane roll casting equipment to China.
Transcat expands Canadian presence with Cal-Matrix Metrology buy Transcat, Inc. (NASDAQ: TRNS), a leading distributor of professional grade handheld test, measurement and control instruments and accredited provider of calibration, repair, inspection and other compliance services, announced today that it has acquired Cal-Matrix Metrology Inc.
Young Tech Companies Attract $201 Million in 2012 Last year, 105 tech-based companies in Greater Cleveland raised $201 million from venture capitalists and angel investors, according to the region's Venture Capital Advisory Task Force.
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