NEW YORK, June 18- SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter said on Tuesday.
CHELMSFORD, Mass.-- Datawatch is buying real-time visual data software company Panopticon Software AB in an all-stock deal valued at about $31.4 million. Datawatch, which is based in Chelmsford, Mass., provides information optimization products that help businesses analyze and manage data.
ATLANTA-- Internet service provider EarthLink is buying cloud computing and hosted IT services provider CenterBeam Inc. for $22 million. EarthLink was one of the best-known Internet service providers, but has struggled with intense competition from higher-speed providers like cable companies.
*Europe wants to build cloud sector to rival U.S. players. PARIS/ LONDON, June 17- France has its "Sovereign Cloud" project while across the Rhine data firms have created the label "Cloud Services: Made in Germany", all trying to reassure big companies that their information is stored away from the prying eyes of U.S. spies.
Netflix said a multi-year agreement with Dreamworks is its biggest deal ever for original first-run content and includes more than 300 hours of new programming.
BEDFORD, Mass.-- Progress Software Corp. is selling its Apama product to Software AG so that it can concentrate on cloud and mobile application development technologies. Progress' Chief Technology Officer and co-founder of Apama, John Bates, is expected to join Software AG and lead the Apama division.
DEERFIELD, Ill.-- Software maker Textura Corp. said Wednesday that its initial public offering of stock has closed and raised $86.3 million, as the banks managing the deal bought up extra shares. The company began trading Friday on the New York Stock Exchange under the symbol "TXTR." Shares dipped 2 cents to $20.79 Wednesday.
WILMINGTON, Del.-- A Chinese national who pleaded guilty to taking part in a $100 million international software piracy plot has been sentenced to 12 years in prison. Thirty-six-year-old Xiang Li of Chengdu, China, was sentenced Tuesday in federal court in Wilmington.
The U.S. Attorney's Office for the District of Delaware said businessman Xiang Li, 36, would be deported to China pending his release from prison. Li, of Chengdu, China, was arrested in June 2011, in an undercover sting by U.S. Department of Homeland Security agents on the Pacific island of Saipan, an American territory near Guam.
NEW YORK-- GE's health care business will invest $2 billion in software development over the next five years. GE Healthcare said Tuesday that it wants to improve the management of hospital operations, increase clinical effectiveness and optimize care. Shares of General Electric Co. lost 19 cents to $23.59 in midday trading.
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled iTunes Radio, a free music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its operating system since the iPhone was introduced in 2007..
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled new mobile software that it described as the most revolutionary overhaul of its operating system since the iPhone was introduced in 2007, sporting a revamped layout with fresh colors, new animation and more depth to its display.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."