Freeing itself from the fetters of public-investor expectations, IT infrastructure company, Compuware, is becoming privately held, with equity investment firm Thoma Bravo purchasing the company outright for approximately $US2.5 billion.
SAP is planning to spend up to US$500 million in Africa from now through 2020 in hopes of dramatically growing its business on the continent, particularly in countries outside of South Africa, where it already has a strong base.
Intel was the target of an elaborate hoax Thursday that drew attention to its plan to invest almost US$6 billion in a chip plant in southern Israel.
Amazon.com is investing US$2 billion more in India, which is witnessing an online retail boom.
Hewlett-Packard is betting $50 million that its customers will find value in the Hadoop data processing platform, by investing in Hadoop distributor Hortonworks.
HTC posted a year-over-year gain in net profit for the second quarter, following the release of the company's latest flagship phone, and new low-end handsets coming to China.
Oracle is selling US$10 billion in bonds, in a move that could signal the vendor is planning to ramp up its already steady pace of acquisitions.
The European Commission is partnering with the private sector to invest €5 billion (US$6.8 billion) in Europe's electronics sector.
China's Alibaba Group is expanding in the U.S., with a new e-commerce site that's geared for buyers interested in boutique stores.
In the face of slowing growth and rising competition in its home market, China Mobile plans to take an 18 percent stake in Thailand's third largest mobile operator.
A €2.8 billion (US$3.8 billion) joint investment in robotics research and innovation by the robotics industry and the European Commission is intended to create over 240,000 new jobs in Europe -- but it remains unclear how many old jobs will be replac...
SAP is trimming an unspecified number of workers as part of an effort to restructure its overall skill set.
Bitcoin payment processor BitPay has raised $30 million to fund its international expansion.
Chinese e-commerce giant Alibaba Group is partnering with an Internet browser company to try and topple Baidu's hold on the nation's mobile search market.
Fast-growing cloud software vendor Salesforce.com is planning to expand its San Francisco headquarters by more than 700,000 square feet, taking a 15.5-year lease on a 61-story office building under construction.
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