Market & Technology News

Network cables boost shows European trend

Cables and associated items distributor Anixter has reported a slight sales increase to $1.52bn for Q1, it says. Despite the negative weather impact in the months of January and February and excluding the impact of copper pricing and foreign exchange, organic sales increased by 3.8%:

TIBCO buys Jaspersoft

TIBCO Software has bought Jaspersoft Corporation, effective immediately. Jaspersoft is now a product group within TIBCO and the name will continue in this form.

Telekom Austria stokes up European plans

Telekom Austria has bought almost half the spectrum on offer in a Slovenian auction for €64m. Its Slovenian unit, Si.mobil, plans to cover half the Slovenian population with fourth-generation LTE technology for faster internet by the end of the year.

US SaaS provider buys French specialist

US-based Intralinks, provider of content management and collaborations solutions, has announced an acquisition of French security and digital rights management (DRM) technology specialist docTrackr.

Tieto continues move to services

Nordic integrator Tieto reports a strong quarter with continued profitability improvement as well as "encouraging growth" in IT services in its interim report published on 25 April.

Bechtle reports surge in Q1 profit

Bechtle AG's preliminary figures show that the group earned over €20m before taxes in the first quarter of 2014, an increase of approximately 45% over the previous year (€14.1 m).

Microsoft recognises IMC AG

Provider of e-learning content solutions IMC AG has announced it has earned Microsoft’s Gold Application Development competency. This means the company has joined Microsoft’s top one percent of partner ecosystem, it says.

Ingram Micro costs jump

Ingram Micro shares have tumbled after it revealed rising costs in Q1. It still says it expects sales to grow in low-to-mid single digits in the quarter ending June and the year ending December.

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