Under pressure from entrenched local competition, Groupon, a late comer, is lagging in the Chinese group buying market. A focus on hiring local managers, and possible acquisitions, could however see its fortunes pick up, analysts said.
Mergers / acquisitions
Oracle said Tuesday that it entered into an agreement to acquire FatWire Software, a privately-held company that specializes in software for businesses to manage their websites.
Eight Skype executives have departed the company following Microsoft's $8.5 billion buyout in May, a Skype spokeswoman confirmed on Monday.
Microsoft has received clearance from U.S. antitrust regulators for its proposed purchase of Internet telephony company Skype.
The U.S. Department of Justice will reportedly evaluate the antitrust implications of <a href="http://www.computerworld.com/s/article/9217583/Google_buys_Admeld">Google's proposed acquisition of Admeld</a>, whose technology is designed to help web pu...
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