In response, Oracle shares immediately rallied by 3.6 percent initially in after-hours trading.
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Wall Street was already bracing for a loss of nine cents per share on revenue of $44.31 million.
Sage's acquisition of PayChoice boosts the enterprise software vendor's standing with SMBs in the US.
Hootsuite bolsters its enterprise social relationship management software via the acquisition of Brightkit. The company also launches Campaigns.
Virgin Australia revealed today that it snapped up AU$53.8 million of capitalised software amid the acquisition of assets costing AU$73.7 million during the financial year ending 2014.
BlackBerry's acquisition of German software firm Secusmart is aimed at securing voice and data and putting better mobile security in every president and chancellor's hand.
Shushovan Hussain has filed a motion to challenge HP's settlement with its shareholders regarding its botched acquisition of the British software company.
Growth is evident in the cloud financial software space. Recent earnings, customer announcements and other data points continue to reinforce the shift to a new solution style.
The company announced the split Wednesday as it reported its fiscal 2014 fourth quarter earnings and revenue results.
Oracle's acquisition of Micros for $5.3 billion highlights how commerce---front-end hardware, software and multichannel---is becoming a key battleground for enterprise giants.
According to reports, the enterprise software giant is close to finalizing the acquisition, which would be its largest since the $5.7 billion takeover of Sun Microsystems.
The latest worldwide software market share results from Gartner shows Australia's application software revenue grew 7.7 percent to AU$3.5 billion in 2013.
UPDATED x2: Autonomy unit chief Robert Youngjohns will replace George Kadifa serves as head of HP's Software department.
The tax year is over, and the financial services and accounting software company reaped the benefits in its third-quarter earnings.
Hadoop software and services company Hortonworks is sticking to its pure open source philosophy in its acquisition of XA Secure, which it will hand back to the Apache community.
VMware had a busy first quarter after it completed the acquisition of AirWatch, which gave the company a mobile strategy. The company also launched virtual storage software.
The enterprise software giant said a strong U.S. dollar dinged results and demand remained strong as cloud revenue accelerated.
Last year, a number of Samsung phones were found to be falsely inflating Primate Labs' popular Geekbench 3 benchmarking tests. The software maker recently reported the results of its benchmark boosting detection and how it will deal with the gaming of its system.
WebDAM asserted it will continue to focus on targeting creative and marketing teams, which will undoubtedly be boosted by Shutterstock's global presence.
This trio of software as a service players struggled with expectations in the fourth quarter and deliver a mixed bag of results.
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