Software

Business

Emerson Acquires Its Smaller Rival AspenTech

Emerson Electric said it would combine its software units with smaller rival Aspen Technology in a deal for $11B to…

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News

Freshworks Reveals Details of Its Upcoming IPO

Freshworks said it was seeking a valuation of nearly $9B in its IPO in the US. and added that it…

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News

Siemens Raises Expectations As Industrial Demand Grows

Siemens raised its earnings guidance for the third time this year on the impact of surging demand following the pandemic…

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IT

More than 1,500 businesses affected by a ransomware attack

The CEO of Kaseya announced that about 800 to 1,500 business projects around the world were affected by a software…

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News

Despite the big loss, Snowflake raises the bar for its full year trend

Snowflake shares declined after its software revenue results matched expectations, but its gross margins improved after it negotiated with cloud…

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Business

Panasonic buys US software supplier Blue Yonder for $7.1B

Panasonic, which last year bought a 20% stake in Blue Yonder, will acquire the rest of the company from shareholders…

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Business

Formation of a financial services alliance between SAP and Dediq investment company

SAP Software Business says it is entering into a joint venture contract with investment firm Dediq as SAP seeks to…

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News

TeamViewer Expect Further Growth With Steady Margins In 2021

TeamViewer expects its business to grow by a third this year and has set a goal of raising the value…

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News

Palantir shares rise after IBM software deal

Palantir joins IBM in a partnership that will gradually expand Palantir's sales team and will represent Palantir's largest global partnership…

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News

IBM announces disappointing revenue as software sales drop

IBM missed quarterly revenue forecasts due to a decline in its software division's sales as customers shun long-term deals due…

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