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IT Service News

IT Services news continually updated from thousands of sources around the net.

11 min ago | Benzinga

's M&A Chatter for Tuesday September 16, 2014

The Offer : Endo International announced Tuesday, that it has delivered a proposal to acquire all outstanding shares of Auxilium Pharmaceuticals for $28.10 in a cash and stock, for a transaction value of $2.2 billion. The proposal includes approximately an equal mix of cash and Endo shares.

Comment?

Related Topix: Biotech, Medicine, Endo Pharmaceuticals Holdings, Healthcare Industry, Auxilium Pharmaceuticals, Rackspace, Telecom

4 hrs ago | The WHIR

Rackspace: We're Not Selling but We Do Have a New CEO

Rackspace leadership announced they will not be selling the company. After reviewing a number of "alternatives," the company's management decided to press on with its strategy to pursue greater share of the managed cloud market and appointed its president Taylor Rhodes as new CEO.

Comment?

Related Topix: Rackspace, Telecom, Windcrest, TX, Stanley

7 hrs ago | WXOW-TV La Crosse

Angie's List: After the crash, shop around for a body shop

Whether it's a small dent or major damage, dealing with the aftermath of a car crash can be overwhelming. There are police reports, insurance claims and maybe even medical bills.

Comment?

Related Topix: Angie's List, Media

8 hrs ago | The Financial Mirror

Media Alert: ARM TechCon 2014 ...

Don't miss ARMA TechCon 2014, which features keynotes from ARM CEO Simon Segars, UNICEF innovation officer Erica Kochi, and 3D Robotics CEO Chris Anderson, along with more than 100 sessions discussing ARM-based solutions. What: The ARM TechCon show floor - open Oct. 1-2 - will feature 90 ARM Partners.

Comment?

Related Topix: Perot Systems, Startups, Telecom, WorldCom, Pillar Data Systems, Oracle Corporation, Project Insight, Product Management

12 hrs ago | Business Journal

The Take: Rackspace stock takes a dip and Apple reports big sales of iPhone 6

Shares of Rackspace Hosting fell 4.2 percent in early market trading to $36.91 after being downgraded from "overweight" to "neutral" by JPMorgan Chase. The firm cited a potential upside as high as $50 a share if a proposed sale to CenturyLink happens, versus a fall back to the pre-sale level of $30 if nothing happens.

Comment?

Related Topix: Rackspace, Telecom, Rackspace Cloud, Qwest, Savvis, Cable & Satellite, CenturyTel

13 hrs ago | The Wichita Eagle

FCC moves closer to adopting rules on Internet access

Months of debate and more than 1 million comments about rules for Web traffic may have moved regulators to consider tougher standards for wireless networks that connect smartphones and tablets. With the Federal Communications Commission ending its period to accept comments Monday, Chairman Tom Wheeler is weighing whether to bar wireless companies led by AT&T and Verizon Communications from treating differently some Web content - applying the same rules as wired services.

Comment?

Related Topix: Business News, Federal Communications Commission, Wireless, Emerging Technology, Telecom, AT&T, Verizon Communications, Verizon

15 hrs ago | Business Journal

Softbank is Alibaba IPO's prizewinner

After Alibaba pushed up its IPO price range to $66 to $68 per share, it has become all too clear that Sprint parent SoftBank Corp. is the biggest winner hands down. China e-commerce giant Alibaba Group Holding Ltd. is a clear winner as it will likely raise $25 billion from the initial public offering, The Wall Street Journal reports .

Comment?

Related Topix: Alibaba, Sprint Nextel, Telecom

18 hrs ago | Benzinga

Stocks To Watch For September 16, 2014

Wall Street expects FactSet Research Systems to report its Q4 earnings at $1.30 per share on revenue of $236.90 million. FactSet Research shares dropped 1.36% to close at $126.14 yesterday.

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Related Topix: Media, Computers, FactSet Research Systems, Financial Markets, Scientific Instruments, Analogic, Electronics, Startups, Serious Business, Adobe Systems

Mon Sep 15, 2014

Business Wire

Wipro and Chesapeake Partner to Deliver Balance Sheet Reconciliations and Treasury Solutions

Wipro will offer Chesapeake's suite of financial software solutions that encompass Reconciliation Management and Balance Sheet Integrity , Treasury & Cash Management and Bank Payment Management as both a cloud-based ASP service and as an in-house licenced software platform. For organisations that are looking to deliver effective Balance Sheet Integrity, the introduction of reconciliation automation to the finance and accounting organisations can provide a much smarter, faster and effective way of delivering the accounting services from the SSC organisation or Retained Organisation.

Comment?

Related Topix: Computers, Wipro, Wipro Technologies

San Jose Mercury News

Palo Alto startup teams with Macy's, Bloomingdale's for same-day delivery

Palo Alto startup Deliv is teaming up with Macy's and Bloomingdale's to test same-day delivery for products purchased on their websites, parent company Macy's announced Monday. The department stores are joining the growing ranks of retailers trying to compete with superfast delivery options offered by e-commerce sites like Amazon.com .

Comment?

Related Topix: Retail, Federated Department Stores, Amazon, Internet, Science / Technology, Media, Audible, Business News

News Max

Sprint Beats Rivals With Lowest IPhone Plan as Sales Debut Looms

Sprint Corp., striving to win back users, is offering the best deal in the industry ahead of the biggest phone debuts of the year, the iPhone 6 and 6 Plus, arriving later this week. In a comparison of total costs for an iPhone 6 with a base level of 16 gigabytes of storage, Sprint's "iPhone for Life" plan is by far the cheapest of the four top U.S. wireless carriers, according to research by Jonathan Atkin, an analyst with RBC Capital Markets.

Comment?

Related Topix: Sprint Nextel, Telecom, iPhone, Cable & Satellite, ATT, Verizon Communications

Sys-Con Media

TeamHealth Names Oliver Rogers Executive Vice President and Chief Operating Officer

"His depth of experience, proven leadership abilities and professional integrity are qualities that will strengthen TeamHealth's reputation as a leading healthcare solutions organization." "I am honored to accept the position of EVP and COO," said Rogers.

Comment?

Related Topix: Professional Staff, Human Resources, Medicine, Emergency Medicine

Reuters

Orange nears deal to buy Spanish fixed line operator Jazztel: sources

Jazztel shares rose 12 percent before being suspended by Spain's market regulator earlier on Monday, giving the group a market value of 3.09 billion euros at the close. Consolidation in the telecoms industry has been brewing for months in Spain, driven by tough competition and falling prices amid a deep recession.

Comment?

Related Topix: Telecom, TeliaSonera AB

Hindustan Times

Cognizant to buy TriZetto for 27 billion to boost healthcare business

Cognizant Technology Solutions Corp struck its biggest deal on Monday, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion to beef up its slowing healthcare business. Shares of the company, which is buying TriZetto from London-based private equity firm Apax Partners LLP, rose nearly 3 percent in premarket trading.

Comment?

Related Topix: Cognizant Technology Solutions, Computers, Software, Englewood, CO

Business Journal

Amazon's Concord center to employ up to 200

The planned Amazon.com Inc. distribution center in Concord will employ up to 200 workers and cost about $4.4 million to complete. That's according to an Independent Tribune newspaper article that follows up on a report that the online retailer will open a 222,500-square-foot "sortation" center next year.

Comment?

Related Topix: Media, Audible, Amazon, North Carolina

PE Hub

Apax to sell TriZetto for $2.7 bln

Apax Partners has agreed to sell TriZetto Corporation to Cognizant Technology Solutions Corp for $2.7 billion in cash. The firm bought TriZetto in 2008 in a deal valued about $1.4 billion.

Comment?

Related Topix: Venture Capital, Startups, Apax Partners, Emerging Technology, Cognizant Technology Solutions, Computers, Software, Teaneck, NJ

Hindustan Times

Satyam case Accused to appear in court on Oct 27

A local court trying the case of multi-crore accounting fraud in erstwhile Satyam Computer Services Limited on Monday ordered all the accused to appear before it on October 27. The ten accused in the case include prime accused Satyam Computers founder and former chairman B Ramalinga Raju, his brother and Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, and Satyam's former internal chief auditor V S Prabhakar Gupta.

Comment?

Related Topix: Satyam Computer Services, Software, Computers

Sun Sep 14, 2014

BroadcastNewsroom

Oracle Buys Front Porch Digital

Oracle today announced that it has signed an agreement to acquire Front Porch Digital, a provider of content storage management solutions that help companies migrate, manage and monetize large-scale media assets. Front Porch Digital's big data technologies help enterprises easily handle their rapidly expanding and complex volumes of digital media content, such as high definition films and TV shows, medical images and records, and real-time security monitoring feeds.

Comment?

Related Topix: Startups, Oracle Corporation, Phase Forward, Telecom, WorldCom, Pillar Data Systems, Hyperion Solutions, Project Insight, Software

Daily Kos

Los Angeles Kossacks Political Action Meetup

Bring your list of great ideas for political action to the Guild Restaurant on Saturday, September 27th at 2 p.m. Shockwave and I will lead a discussion of what we would like to do and hopefully we can make some real, concrete plans. 714day and I tried to find a park near the train where we could meet, but there are only a couple and don't appear to have shaded picnic spots.

Comment?

Related Topix: Social Software, Media, Meetup, Shockwave, Entertainment, Television, US Politics, US News, Barack Obama

Forbes.com

Why Forcing ExxonMobil Out Of Russia Isn't Going To Help Anything

From Texas, I mostly cover the energy industry and the tycoons who control it. I joined Forbes in 1999 and moved from New York to Houston in 2004.

Comment?

Related Topix: Exxon Mobil, Energy, Oil & Gas, Publishing, Media, Forbes, Perot Sys, Computers, Dell, Perot Systems, Vladimir Putin

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