According to a Bloomberg report, HP is set to buy European infrastructure software company Autonomy for as much as $10 billion. That price would make the acquisition one of HP’s largest deals to date. Autonomy’s enterprise software powers pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content […]
Posted on August 20th, 2011 by admin
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A significant percentage of employees are living paycheck-to-paycheck, with a notable share of them missing routine bill payments, according to a recent survey from CareerBuilder. Even a six-figure income may not be enough to stave off bad times a surprising number of those making more than $100,000 per year are having trouble in meeting […]
Posted on August 20th, 2011 by admin
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Radian6, which was acquired by Salesforce for $326 million earlier this year, has offered some of the world’s largest brands a web-based social media monitoring platform. But the company has not offered a mobile component to clients to monitor brands on the go, until now. Today, Salesforce’s Radian6 is announcing its first mobile presence with […]
Posted on August 19th, 2011 by admin
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Salesforce just posted its Q2 2012 earnings today, posting record quarterly revenue of $546 million, which is up 38% Year-Over-Year. Non-GAAP diluted earnings per share increased 3% year-over-year to $0.30. Analysts expected EPS of $0.30 and $529 million for revenue. Subscription and support revenues were $509 million, an increase of 38% on a year-over-year basis. […]
Posted on August 19th, 2011 by admin
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According to a Bloomberg report, HP is set to buy European infrastructure software company Autonomy for as much as $10 billion. That price would make the acquisition one of HP’s largest deals to date. Autonomy’s enterprise software powers pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content […]
Posted on August 18th, 2011 by admin
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Atlanta-based startup Kabbage, which provides working capital to online merchants, has raised $17 million in Series B funding led by Mohr Davidow Ventures with BlueRun Ventures, David Bonderman, founder of TPG Capital; Warren Stephens, CEO of Stephens; the UPS Strategic Enterprise Fund, Jim McKelvey, co-founder of Square; and others participating in the round. This brings […]
Posted on August 18th, 2011 by admin
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Jim Whitehurst, CEO of Red Hat, just delivered a terrific opening keynote presentation for LinuxCon. Whitehurst isn’t just a businessman, he’s also a geek. He used Linux and open source before joining Red Hat, and the opportunity to be CEO of the world’s most successful open source company was a dream come true for him. […]
Posted on August 17th, 2011 by admin
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Box.net has raised $18.6 million out of a $35 million round according to an SEC filing. We’ve confirmed this with the company. This brings Box’s total funding to $96 million. Box, which has 6 million users and stores 300 million documents, is a cloud storage platform for the enterprise that comes with collaboration, social and […]
Posted on August 17th, 2011 by admin
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Dell reported mixed earnings this afternoon for the second quarter of fiscal year 2012. Revenue in the quarter was $15.7 billion, up 1 percent over last year. GAAP earnings per share was $0.48, up 71 percent; non-GAAP EPS was $0.54 cents, up 69 percent. The company blew past EPS expectations, Dell missed slightly on revenue. […]
Posted on August 16th, 2011 by admin
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Rumors about the news swirled yesterday, but Time Warner Cable just confirmed it has acquired Midwest cable operator Insight Communications for $3 billion in cash. Insight serves over 750,000 customers in Indiana, Kentucky and Ohio, according to the press release. Insight offers bundled video, high-speed Internet and voice telephony services to residential and business customers […]
Posted on August 15th, 2011 by admin
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