Data#3 has announced that its maintenance, software, and consulting business drove up its net profit after tax by 39.2 percent in the first half of the 2015 financial year.
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The marketing software maker reported a net loss of $15.9 million, or 39 cents per share.
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.
Many open-source and cloud-based tools now offer a cheaper and more lightweight alternative to .NET, solutions provider says. However, are they ready for the enterprise?
Oracle will soon be announcing that it's discontinuing development of its Virtual Desktop Infrastructure, Sun Ray software and hardware, and Oracle Virtual Desktop Client product lines.
Indian software services provider posts an 18 percent rise in net income at US$313 million for the quarter ended December, while revenues grow 10 percent to reach US$2.01 billion.
Indian software services provider books 68.5 percent rise in second quarter net profit; promotes current COO and president Anant Gupta to replace Vineet Nayar as CEO.
Indian software services giant posts a 23 percent rise in net profit at US$651 million for quarter ended Dec. on the back of a "well rounded performance", fueling hopes of wider tech spending pickup.
India’s largest software services provider beats market forecasts with a net profit of US$652 million, on the back of broad-based growth driven by manufacturing, retail, telecom, banking and financial services.
The Indian software services provider posted a 78 percent on-year jump in net profit, with larger contract wins and margins, sending shares to highest levels in 12 years.
The Reserve Bank of India states that higher risk aversion by Western outsourcing clients have negatively impacted the country's net software exports performance.
Jive meets the mark on earnings with a slightly better revenue than expected.
India software services exporter posts 67.3 percent rise in fourth quarter net profit to 8.54 billion rupees (US$151 million) from last year, after winning more outsourcing orders and increasing profitability.
EMC builds out its IT management portfolio with another platform offering real-time visibility into network, data center and cloud infrastructures.
Software vendor highlights vulnerability in Web sites serving ASP.NET pages that could lead to denial-of-service of attacks and suggests temporary fix ahead of releasing patch.
Oracle has released version 11 of Solaris, the Unix-based operating system the company acquired when it purchased Sun Microsystems in 2010.The software, made generally available on Wednesday, was billed by Oracle in a statement as "the first cloud operating system".
Strong existing user base versed in Windows coding language and familiarity with environment key differentiators for Microsoft over alternative cloud platform offerings, exec says.
Platform-as-a-service will play key role in unlocking cloud benefits for many businesses, but varying maturity of technology and lack of interoperability make choosing right vendor tough, industry watchers say.
Chinese Net giant set to wade beyond messaging and games into online security offerings following its purchase of 16 percent stake in software developer Kingsoft, company reveals.
Interview: MIT tech guru Michael Cusumano discusses the internet's free future...
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