Enterprise software company SAP just announced that has agreed to acquire Concur Technologies, maker of expense and travel management tools that are used by 23,000 businesses (including TechCrunch and its parent company AOL). The deal is for $129 per share, which is 20 percent higher than Concur’s closing price on Sept. 17 (yesterday). That gives […]
Posted on September 19th, 2014 by admin
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As expected, Microsoft hit go on a number of layoffs today, letting 2,100 people go, including 747 people in the Seattle-Redmond area, where the company is headquartered. The firings come as a second wave of the layoffs that were previously announced. Out of 18,000 expected cuts, 13,000 were pulled off nearly immediately. Today’s 2,100 brings […]
Posted on September 18th, 2014 by admin
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Some M&A activity afoot in the world of hardware design: GrabCAD, an online community that has been described as the ‘Github for mechanical engineers’, is getting acquired by 3D printing giant Stratasys, a source tells us. The companies plan to announce the deal a little later today [Update: confirmed]. We have heard that the deal is in the region of […]
Posted on September 18th, 2014 by admin
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Mesosphere bought OrlyAtomics, a database technology company today in what appears to be a straight talent acquisition deal. The four OrlyAtomics engineers will become part of the Mesosphere team immediately. No terms were available. Mesosphere, which is based on the open source Mesos project, wants to build what they call a datacenter operating system that allows companies […]
Posted on September 17th, 2014 by admin
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Microsoft has announced two coming board departures, two board additions, and a boost to its dividend. Leaving the board are Dave Marquardt and Dina Dublon. Marquardt is best known for his work in venture capital, and Dublon for her work at JPMorgan Chase. Taking their places are the appointed Teri List-Stoll from Kraft and Charles […]
Posted on September 17th, 2014 by admin
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IBM today announced a new product called Watson Analytics, one they claim will bring sophisticated big data analysis to the average business user. Watson Analytics is a cloud application that does all of the the heavy lifting related to big data processing by retrieving the data, analyzing it, cleaning it, building sophisticated visualizations and offering an environment […]
Posted on September 16th, 2014 by admin
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The collection and analysis of big data holds great promise, but may also lead some companies to create profiles of consumers leading to discrimination, the chairwoman of the U.S. Federal Trade Commission said Monday. Tweet This Post
Posted on September 16th, 2014 by admin
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Semmle, a b2b startup with a business analytics platform that aims to optimize other companies’ IT projects by analyzing the quality of code their developers are writing and also by looking at factors such as how much money the business is spending on particular software development projects, has closed a new funding round — raising […]
Posted on September 16th, 2014 by admin
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Cloudyn, a cloud administrative service that helps companies monitor and optimize cloud utilization and cost across different infrastructure providers, announced today it had received $4M in Series A funding led by Titanium Investments with additional funding from existing investor RDSeed. The funding brings the total amount raised to date to $5.5M. As a condition of the deal, Alexander… Read […]
Posted on September 15th, 2014 by admin
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Around two weeks out from the purported release date of the technical preview of Windows 9, videos of the upcoming operating system have hit the Internet. German site WinFuture has released a mess of screenshots and videos of the upcoming code over the past few days, to our benefit. A number of clips are up for watching, […]
Posted on September 15th, 2014 by admin
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