Market & Technology News

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.

Crealogix expands into Asia

Swiss Crealogix Group, a specialist in digital banking software solutions, has announced its plans for international expansion with setting up new subsidiaries in London and Singapore.

Netwrix up in EMEA

Netwrix, provider of auditing solutions for systems and applications across IT infrastructure, has announced its record results for Q1 2014 with an overall 19% growth year-on-year.

VMware deals taking longer to close

VMware was busy in Q1, training up its salesforce and engaging its channels with a wider range of product, it has told analysts. And deals are taking longer to close because of the broader ranges.

Ericsson flat in Europe

Ericsson's share price fell 5% as it revealed Q1 EBIT rose to 2.6bn Swedish kronor (€280m) from SEK2.1bn (€230m) a year earlier, lower than expected. Net profit almost doubled to 2.12bn kronor from 1.21bn kronor. Operating income jumped 25% to 2.63bn kronor.