Market & Technology News

Microsoft shows Commercial side strength

Microsoft shares rose after it indicated Q2 commercial sales rising, even though it is also lowering its FY14 (ends June '14) opex guidance range to $31.2bn-$31.5bn from a prior $31.3bn-$31.9bn.

CPA Global buys Swedish IP services provider

CPA Global, intellectual property (IP) management and software specialist, has announced it has bought a Sweden-based IP services provider Patrafee AB, along with related businesses and IP services products.

Logitech bounces on tablet accessories

Logitech International's financial results for Q3 saw better-than-expected total sales of $628m, up 2% compared to the third quarter of the prior year.

Alternative Networks buys ControlCircle

Business communications service provider Alternative Networks, has acquired ControlCircle, UK-based provider of managed hosting and cloud-based services to enterprises and on-line businesses.

Overload, laws are blocks to retail big data

A new survey by The Economist Intelligence Unit commissioned by Indian IT giant Wipro Ltd finds that nearly all respondents’ businesses have seen a positive economic return

Adaptive reveals global expansion

Adaptive Planning, specialist in cloud-based business analytics solutions, announced during its recent Worldwide Partner Summit a global expansion and rising revenue driven by its channel partners.

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.

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