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Increased investment in product development has contributed to an annual net loss after tax of NZ$69.5 million for New Zealand cloud accounting software provider Xero, despite an 81 percent jump in subscription revenue during the financial year.
European mail solutions giant Neopost has taken a majority stake in Australian logistics software startup Temando after coughing up $50 million for a Series B investment round in the company.
Cisco buys Embrane, an early software-defined networking player that it made a strategic investment in last year.
Telstra has made a multimillion-dollar equity investment in Taiwanese video big data and analytics company Gorilla Technology Group, which will have its software integrated into the Australian telco's network.
Uber has bought deCarta for an undisclosed amount in an effort to enhance its mapping technology, and possibly move away from using maps from Google and Apple.
Insa Portfolio Management System clients and their customers now have worldwide secure access to online valuations of their portfolios...
Big Blue plans to launch a series of applications designed to take advantage of the building software defined storage movement.
Software development and marketing efforts look set to be the main beneficiaries of a multimillion dollar investment, according to Riak database creator Basho.
Designed by professional money managers and used by investors Worldwide since 1985, Investment Account Manager provides extensive investment...
Once, it was the economy that made Poland's IT professionals nervous. Now, there's more optimism, but concerns about buyers' failure to see benefit in IT investment and the shift to software and services.
Australian cloud-based business process guidance software vendor Panviva is moving to ramp up its product development and expand its global push after receiving minority equity investment from Telstra Ventures.
SUSE, the enterprise Linux company, is working on its own storage solution using open-source Ceph: SUSE Storage.
Australian cloud software startup ECAL is the first of three Australian tech startups to secure a share of AU$5 million in funding from the venture capital investment vehicle of Dodo Internet founder Larry Kestelman, Oxygen Ventures.
China's second-largest e-commerce player receives a funds injection after the Singapore investment firm buys up 602,139 shares for US$17.2 million. Temasek also forks out US$12.8 million for Chinese security software maker, Cheetah Mobile.
Fujitsu is bumping up investment into its cloud integration service to strengthen its global delivery capabilities in infrastructure-as-a-service, platform-as-a-service, and software-as-a-service.
The Chinese telecoms giant is continuing its investment in the UK with a new plant for chips and software.
Enterprise apps are not Flappy Bird. App development requires the same care and investment as any other end-user software project.
Intel on Thursday said it made a significant investment in Cloudera, making the startup its preferred distributor of software for Big Data.
Venture capitalist, Fred Wilson, presents important business model innovations in enterprise technology. Corporate leadership should listen and learn.
The allegations show the Microsoft executive, who was fired amid the allegations, traded in advance of a Barnes & Noble e-reader business investment by the software giant.
The VC arm of the software giant is also launching a new direct-investment fund with a focus on big data startups.
Targeting smaller firms, the pay-as-you-go hybrid cloud technology that software company Zynstra launched in July picks up fresh investment.
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