Industry News

Imtech sells back stake in Turkish firm

Imtech has concluded a review in Turkey and announced it plans to sell back its 80% shareholding in a Turkey-based engineering company AE Arma-Elektropanç as it its profile is no longer in line with Imtech’s market strategy, it says.

SAP in transition

SAP's Q4 and full year showed a changing business. The EMEA region saw high single-digit growth with non-IFRS software and cloud subscription revenue increasing 9% at constant currencies.

Workday names new EMEA head

Workday, human resources and finance cloud applications specialit, has appointed Chano Fernandez as its new EMEA President.

Citrix awards Softcat

Citrix has awarded Softcat the Citrix Service Provider (CSP) Partner Programme Distributor Award for its excellence in the overall desktop as a service (DaaS) approach.

Intel's PC chips sales recover

After dropping 3% Y/Y in Q3, Intel's PC CPU division sales (62% of revenue) were flat Y/Y in Q4. However, the division's operating profit rose 20% to $3.4bn.

HCL and CSC announce partnership

India-based global IT services provider HCL Technologies and IT service integrator CSC have announced a partnership deal to strengthen transition of the businesses from legacy technologies to the cloud.