European shares closed higher on Thursday, as investors focused on Wall Street earnings and the latest U.S. jobs data.» Read More
Jive has hired Qatalyst Partners, the investment bank led by Silicon Valley dealmaker Frank Quattrone, to find a buyer, the blog Re/Code reported, citing sources. Jive approached Oracle Corp, SAP AG and Workday Inc, but was rebuffed by them, the sources told the blog.
SAN FRANCISCO, March 4- ServiceMax field service management company said Tuesday it had raised $71 million in new financing, bringing its total funding to $120 million. He said the closest competitors are elements of software services provided by customer relations management businesses Oracle Corp and SAP AG.
Feb 14- Buyout firm Silver Lake is in exclusive talks to sell information technology management company Serena Software Inc to private equity firm HGGC LLC, four people familiar with the matter said on Friday.
Buyout firms Advent International Corp, Blackstone Group LP and Bain Capital LLC submitted binding offers last week for Kronos, a competitor of Workday Inc, the people said on Wednesday.
Bank of America, the Gates Foundation and others will donate money to (RED) for every download of a U2 song during the Super Bowl halftime show.
German business software maker SAP said on Tuesday that additional investments in its cloud business would delay reaching its profit target.
The Canadian company said Eric Johnson will report directly to John Chen, who took over as CEO in early November after BlackBerry scrapped a campaign to sell itself. He joins fellow SAP and Sybase alumni now running BlackBerry's acquisitions, marketing, and enterprise sales teams.
The "Fast Money" traders share their final trades of the day.
BlackBerry said it hoped to expand the fledgling relationship to its top-of-the-line smartphones. The deal is unconventional in that BlackBerry will no longer pay upfront for components used in the devices made on its behalf in Foxconn's Indonesian and Mexican factories.
Dec 20- Oracle Corp, the world's No. 2 business software maker, said it would buy web-based marketing software maker Responsys Inc for about $1.39 billion to bolster its cloud computing offerings.
All signs suggest the bear market in European equities may be over, said longtime Europe investor Gene Salamon.
*Sees Q4 rev $133- $138 mln vs est. Nov 25- Workday Inc, a provider of Web-based human resources software, guided fourth-quarter revenue well above expectations after reporting a 76 percent jump in quarterly sales, helped by strong growth in subscriptions from financial customers.
I’m hoping you have to go to a museum to see Oracle and SAP software, said a candid CEO during an interview with Cramer.
BlackBerry will pay its new interim CEO a base salary of $1 million, a bonus, as well as stock awards potentially worth some $85 million.
John Chen, the second consecutive chief executive officer at BlackBerry to receive a bumper package, will have to help the embattled smartphone maker regain its footing and win back market share ceded to the likes of Apple's iPhone and a range of devices that run on Google Inc's Android operating system.
After a two-month review of strategic options and talks with potential buyers that included Facebook, Lenovo and private equity firms such as Cerberus, BlackBerry said it will abandon a sale. The only formal offer to buy BlackBerry- a tentative one- had come from Fairfax, which wanted to take the company private for $4.7 billion.
Fairfax, the largest shareholder in BlackBerry with a 10 percent stake, reached a tentative $9- per-share deal with BlackBerry in late September, and has until Nov. 4 to negotiate a definitive agreement.
Who's to blame for the disastrous Obamacare rollout? Here's a checklist for legal red flags the Obama administration should be looking for.
Some of the names on the move ahead of the open.
*Qlik sees 4th- qtr revenue $156 mln- $161 mln vs est $165.8 mln. *Qlik shares down 20 pct in extended trading. Oct 24- Data analytics software maker Qlik Technologies Inc forecast current-quarter results below expectations as budget constraints delayed deals in Europe and the Asia Pacific region.