Interactive Intelligence is working with boutique investment bank Union Square Advisors LLC on a sale process that has attracted other telecommunications software companies, as well as private equity firms, the people said this week. Union Interactive Intelligence declined to comment, while Union Square Advisors did not respond to requests for comment. » Read More
The software giant plans to reduce its workforce by 4-percent over the next 12-months.
Luca Boschin of LogoGrab describes how his company is capturing brand insights for the visual age.
Traffic on Google sites are up more than 30 percent on-year, making Alphabet a compelling investment, noted Simon Erickson of Motley Fool.
The parent company of Google on Thursday reported earnings and revenue that beat analyst expectations.
Alere Inc., $5.09 to $36.56. Ford Motor Co., down $1.13 to $12.71. Facebook Inc., up $1.66 to $125.
July 28- Business software maker Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business. The deal will bring together two companies linked to high-profile technology billionaire Larry Ellison. NetSuite shares rose about 18 percent to...
July 28- Business software maker Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business. NetSuite shares rose about 18 percent to $108.05 in morning trading, just shy of the offer price of $109 in cash per share. "It's definitely pricey from...
Now his company, Oracle, will spend $9.3 billion to acquire cloud upstart NetSuite. NetSuite is just the latest cloud acquisition by Oracle, and its biggest splurge in more than a decade. NetSuite, which was founded by a former Oracle executive, makes business software that runs in NetSuite's "cloud," or its own data centers, rather than on its customers' computers.
NEW YORK— Stocks had another day of meager gains on Thursday as investors worked through a new batch of mixed company earnings, including results from Facebook, Ford and Whole Foods. Cautious investors are looking ahead to a meeting of the Bank of Japan on Friday which is expected to result in an announcement of more stimulus for the world's third-largest...
Nintendo's on the cusp of a change and it could soon unlock the vast potential of its intellectual property in the mobile gaming space, experts say.
MELVILLE, N.Y. _ FalconStor Software Inc. on Wednesday reported a loss of $3.5 million in its second quarter. On a per-share basis, the Melville, New York- based company said it had a loss of 9 cents. Keywords: FalconStor Software, Earnings Report.
WINDSOR, Conn. _ SS&C Technologies Holdings Inc. on Wednesday reported second-quarter net income of $28.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. SS&C Technologies shares have dropped 8 percent since the beginning of the year.
Shares of LogMeIn skyrocketed on news of the company's merger with the GoTo unit of Citrix Systems.
MILWAUKEE _ Rockwell Automation Inc. on Wednesday reported fiscal third-quarter profit of $191 million. Rockwell Automation expects full-year earnings in the range of $5.80 to $6 per share. Rockwell Automation shares have increased 18 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 6 percent.
TOKYO, July 27- Japan's Nintendo Co Ltd booked a quarterly operating loss on a sharply stronger yen and delayed the launch of an accessory for Pokemon GO, but hopes for long-term growth are running high on the mobile game's success. Its main source of Pokemon GO income is set to come from its 32 percent stake in Pokemon Company which owns the licensing rights.
TOKYO, July 27- Japan's Nintendo Co Ltd booked an operating loss in the first quarter, hurt by unfavourable currency rates although hopes for long-term growth are running high on the worldwide success of Pokemon GO. Nintendo posted an operating loss of 5.1 billion yen for the April-June quarter, versus a profit of 1.15 billion yen in the same period a year earlier,...
TOKYO, July 27- Pokemon GO Plus, an accessory for the hit augmented reality mobile game, will be launched in September instead of the end of this month as originally planned, Nintendo said on Wednesday.
There's no time for groceries, the pantry contains some random tins and dinner inspiration is a long way away. There's now software to fix that.
WESTON, Fla. _ The Ultimate Software Group Inc. on Tuesday reported second-quarter net income of $1.7 million. Ten analysts surveyed by Zacks expected $187.1 million. For the current quarter ending in October, Ultimate Software said it expects revenue in the range of $197 million.
TEL AVIV, Israel _ Radware Ltd. on Tuesday reported a second-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Radware shares have fallen 19 percent since the beginning of the year.
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Matt Hunter is the senior technology editor at CNBC.com.
Ari Levy is CNBC.com's senior technology reporter in San Francisco.
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Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.