IT Service News
IT Services news continually updated from thousands of sources around the net.
11 min ago | Benzinga
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.
4 hrs ago | The WHIR
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.
7 hrs ago | WXOW-TV La Crosse
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.
8 hrs ago | The Financial Mirror
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.
12 hrs ago | Business Journal
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.
13 hrs ago | The Wichita Eagle
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.
15 hrs ago | Business Journal
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 .
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.
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 .
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.
"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.
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.
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.
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.
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.
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.
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.
Updated: Tue Sep 16, 2014 08:17 pm
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