📅 - Oracle, a hardware and software systems company, recently announced they have acquired Textura, a SaaS collaboration solutions company. The cost of the deal was reported at nearly $660 million. Textura will merge with Oracle Primavera to create a new Oracle Engineering and Construction Global Business Unit.
Oracle was established in 1977 and it's headquartered in Redwood Shores, California. The company serves about 380,000 customers including many Fortune 100 companies.
Textura is headquartered in Deerfield, Illinois and provides award-winning solutions for SaaS collaboration. The company has about 6,000 projects per month it managed with an income of more than $3.4 billion. .
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Nlyte Software has already claimed many federal agencies as customers. They recently announced an add-on product designated for these agencies looking to comply with the DCOI requirements. .
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Your time is very important and you want to make sure you spend it on what you are best at. If you're not a great writer and have been doing all the writing for your blog just to save money, it might be time to trade some money for some time. Maybe you're better at editing and marketing than writing. If this is the case, outsourcing work to writers and stepping into an editor/marketer role ma
The demand for data center space in top world markets is very high, especially for larger chunks. Many providers have scaled their business to help meet the needs. Digital Realty did exactly that and it didn't take long for the entire Japan data center to be leased ...
Microsoft India is headquartered in Gurgaon, India and provides the Indian branch of the software and cloud global giant. Chairman of the Indian division Mr. Bhaskar Pramanik announced the gains in India during an interview with ETTelecom.com. The gains have come from a larger interest in cloud options for startup and small businesses in India. .
📅 - The Global Hybrid Cloud Market Expected to See Huge Gains by 2021 - MarketsandMarkets released a new report stating that the global hybrid cloud market is expected to significantly gain value by 2021. The report stated that the growth from the current value of about $33.28 billion could reach as much as $91.74 billion by 2021. MarketsandMarkets believes the growth will come from the market moving towards flexibility and scalability provided by cloud-based services.
The report also shows that North America is expected to see the largest amount of hybrid cloud growth, while the APAC region will also see large increases to the cloud market. .
📅 - Amazon Beats Forecasts for the First Quarter of 2016 - Amazon, a retail and cloud giant, has exceeded the forecasts for the first quarter sales for 2016. They saw a 28% increase in sales and brought in profits of $513 million during the first quarter. This was nearly double the forecast. The success came largely in part because of the AWS cloud growth experienced by the company.
Amazon is headquartered in Seattle, Washington and was founded in 1994. They have a focus on cloud and ecommerce activity. When the news of the huge profits was announced, shares of the company increased by 10% in just one hour. The share price was as high as $677.74 on Friday. .