London, 15 December, 2011 – Exact, a leading global supplier of business software, has launched Exact Globe Next. This next generation business software combines the administrative capabilities of Exact Globe with the collaboration features of Exact Synergy and an automated alerting system. Exact Globe Next connects employees and enables businesses to run more efficiently by [...]
Posted on December 16th, 2011 by admin
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PowerCloud Systems, a spin-out of Palo Alto Research Center (PARC) that offers a ‘networking-as-a-service’ platform for OEMs and service providers, has raised $6 million in Series B funding in a round led by Qualcomm Ventures, with prior backers Walden Venture Capital, Javelin Venture Partners and PARC participating. The capital will be used to enhance the [...]
Posted on December 15th, 2011 by admin
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Silver Tail Systems, a provider of predictive analytics for detection and prevention of online fraud, this morning announced that it has secured an additional round of funding from Citi Ventures, a unit of Citigroup. This investment, the size of which was not disclosed, is part of a previously announced $20 million Series B funding round [...]
Posted on September 24th, 2011 by admin
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NICE Systems this morning announced that it is to acquire UK company Fizzback for approximately $80 million in cash. Fizzback is backed by Advent Venture Partners, Nauta Capital and TAG. Fizzback sends consumers requests for feedback relating to a specific interaction or transaction via mobile, web or social media. The feedback is then analyzed by [...]
Posted on September 19th, 2011 by admin
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NCR is buying Radiant Systems, a company that develops point-of-sale systems and software to the hospitality and specialty retail industries, for $1.2 billion in cash, or $28.00 per share. The deal is expected to close during the third quarter of 2011. NCR says it will raise approximately $1.1 billion of new funded debt to finance [...]
Posted on July 27th, 2011 by admin
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Oracle this morning announced that it has agreed to buy Pillar Data Systems, a privately-held provider of SAN Block I/O storage systems based in San Jose, California, which is said to serve nearly 600 customers across 24 countries. Financial terms of the acquisition were not disclosed. An interesting purchase, particularly since Pillar Data Systems is [...]
Posted on June 30th, 2011 by admin
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ThingWorx, which provides a platform for the development of apps connecting people, systems and the physical world, this morning announced that it has acquired privately held, Rochester, NY-based Palantiri Systems, maker of the AlwaysOn software platform. The combination of both companies, ThingWorx posits, will result in a single company that it says will “represent the [...]
Posted on June 29th, 2011 by admin
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ScaleXtreme, a vendor of cloud-based systems management products, this morning announced it has landed $11 million in Series B funding in a round led by Ignition Partners with participation from previous backer Accel Partners. Frank Artale, managing director at Ignition, will join the board that includes Ping Li from Accel and ScaleXtreme’s Nand Mulchandani and [...]
Posted on June 21st, 2011 by admin
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Time Warner Cable this morning announced that it will acquire cable systems serving approximately 70,000 basic video subscribers, 42,000 HSD subscribers, and 26,000 phone subscribers in Kentucky and Tennessee from NewWave Communications for $260 million in cash. NewWave had been buying up many of these cable systems, some property acquisitions dating back to 2003. The [...]
Posted on June 13th, 2011 by admin
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BMC Software has acquired GridApp Systems, which specializes in the automation of cloud database provisioning, patching and administration. Terms of the acquisition were not disclosed. With the purchase, BMC is expanding its current offering of application, server, network and client configuration management to include database automation. GridApp’s solution is designed to reduce the cost and [...]
Posted on December 3rd, 2010 by admin
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