Oracle is now the industry's second-largest SaaS vendor after Salesforce.com, but it made that announcement as fourth-quarter profits slipped slightly and on-premises software license sales ended its fiscal year flat.
BlackBerry managed to turn the tide toward a small profit during its fiscal first quarter, but revenue and phone sales continued to drop.
Red Hat is filling out its OpenStack portfolio by acquiring eNovance, a provider of integration services, for approximately US$95 million in cash and stock.
Acer named one of its co-founders, George Huang, to the post of company chairman as the Taiwanese PC maker battles to become a force in mobile devices and software.
Oracle is reportedly close to buying hospitality and retail technology vendor Micros Systems for more than US$5 billion in a deal that would be its biggest since the purchase of Sun Microsystems several years ago.
When Level 3 Communications completes its US$5.7 billion deal to acquire TW Telecom, the company will be a stronger competitor, focused on large business and government customers, executives from both companies said.
Level 3 Communication is buying TW Telecom for approximately US$5.7 billion [b] in an effort to boost its metropolitan footprint of fixed networks.
Mobile network operator Vodafone wants buy Cobra Automotive Technologies in order to offer a larger range of connected-car services.
Sales have not been uniformly strong for IT, but there have been enough upbeat reports pouring in from vendor and market research companies to buoy overall confidence in tech.
Online travel site Priceline is adding restaurant bookings to its menu of offerings with the US$2.6 billion all-cash acquisition of OpenTable. The deal has been approved by the boards of both companies and is expected to close in the third quarter.
Spurred by stronger demand for business PCs than expected, Intel raised its revenue guidance for this quarter.
PayPal is offering a new educational resource to help merchants worldwide get more use out of its payments service.
Advanced Micro Devices has combined product groups and promoted two executives for the next phase of its planned multiple-year strategy to maintain profitability.
After merging with China's Alibaba Group, local mobile browser developer UCWeb is seeking to accelerate its international expansion, and double its user base to 1 billion over the next three to five years.
SAP's former technology chief Vishal Sikka will head ailing Indian outsourcer Infosys, in a marked shift from his focus at his former company on technology and product development.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
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