Salesforce co-CEO Marc Benioff speaks at the grand opening of the Salesforce Tower in San Francisco in May 2018.
David Paul Morris | Bloomberg | Getty Images
The tech industry has seen some hefty deals announced during the 2020 pandemic, including several in the tens of billions of dollars. But not in software.
That could change soon. Salesforce, which has been one of tech’s biggest acquirers in recent years, has been in talks to buy Slack, CNBC and other media outlets reported on Wednesday. Slack shares surged almost 38% after the initial report, lifting its market cap to $23 billion.
It would be one of the biggest software acquisitions ever, and potentially the largest since IBM bought Red Hat for $34 billion, a purchase announced in 2018.
The dearth of big software deals this year reflects the outsized growth much of the industry has experienced during the past eight months
Investors focused on the Computer and Technology space have likely heard of Dell Technologies (DELL), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DELL and the rest of the Computer and Technology group’s stocks.
Dell Technologies is a member of the Computer and Technology sector. This group includes 615 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to
If you’re a Comcast TV and internet user, prepare for price hikes. The company is planning to increase the prices of a variety of services starting January 1st, 2021, according to Ars Technica and a document detailing the various price increases being shared on Reddit.
The increases include as much as $4.50 per month added to the “Broadcast TV” fee and up to $2 per month added to the Regional Sports Network (RSN) fee, which collectively would add as much as $78 per year.
In a statement to Ars Technica, a Comcast spokesperson confirmed the above fees, as well as a $3 per month increase for internet-only service and up to a $2.50 per month increase for TV boxes on the primary outlet, with a decrease of up to $2.45 per month for TV boxes on additional outlets. (This means
NEW YORK, Nov. 25, 2020 /PRNewswire/ — Amid the COVID-19 crisis, the global market for Digital Marketing Software estimated at US$55 Billion in the year 2020, is projected to reach a revised size of US$146.8 Billion by 2027, growing at a CAGR of 15.1% over the period 2020-2027.Software, one of the segments analyzed in the report, is projected to grow at a 14.4% CAGR to reach US$103.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 16.8% CAGR for the next 7-year period. This segment currently accounts for a 26.4% share of the global Digital Marketing Software market.
Read the full report: https://www.reportlinker.com/p05798364/?utm_source=PRN
The U.S. Accounts for Over 31.5% of Global Market Size in 2020, While China is Forecast to Grow at a 18.5%
New York, Nov. 25, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Event Management Software Industry” – https://www.reportlinker.com/p05798543/?utm_source=GNW 3 Billion by 2027, growing at a CAGR of 12.1% over the period 2020-2027.Software, one of the segments analyzed in the report, is projected to grow at a 10.8% CAGR to reach US$5.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 13.6% CAGR for the next 7-year period. This segment currently accounts for a 45.8% share of the global Event Management Software market.
The U.S. Accounts for Over 34.2% of Global Market Size in 2020, While China is Forecast to Grow at a 11.6% CAGR for the Period of 2020-2027
The Event Management Software market in the U.S. is estimated at US$1.6
Next year, Comcast plans to charge home internet customers in northeastern US states for going over 1.2TB of data in a month — a cap that’s already in effect for customers on non-unlimited plans in other parts of the country.
In January and February, Comcast will give its Xfinity customers not on an unlimited plan a “credit” for any data usage charges over 1.2TB during those months to ease them into the new limits. Then, starting in March, non-unlimited customers who exceed 1.2TB in a month will be charged $10 per 50GB of data, for a maximum of $100.
Customers who go over the limit will get one “courtesy” credit per 12 months, so if you go over 1.2TB in March, you get a grace period for April. If you go over again in May, you’ll pay $10 for each block of 50GB up to the $100 max. Customers
BLOOMFIELD, N.J. – November 23, 2020 – (Newswire.com)
Alloy Software announced today that Consumer World Awards®, the world’s top achievement awards program for the consumer industry, has named Alloy Software a Silver Winner in the “Company Response of the Year During COVID-19” category.
Consumer World Awards recognize consumer products, companies and people globally in various categories. The COVID-19 Business Response awards were created this year to honor the contributions of individuals, teams and groups, and organizations that have worked hard to show their resilience and creativity to weather the economic impact caused by the pandemic while keeping people safe, healthy, and informed.
Alloy Software created the Stay Strong program to help companies in critical infrastructure sectors navigate the financial, logistical and operational challenges during the COVID-19 outbreak. The Stay Strong Program helped numerous companies around the world rapidly restructure and scale up their operations by providing immediate and unlimited access
Press release content from Business Wire. The AP news staff was not involved in its creation.
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NEW YORK–(BUSINESS WIRE)–Nov 17, 2020–
Computer Design & Integration LLC (“CDI” or “the Company”) announced today that it is the recipient of Cisco’s Americas US East Area – Breakaway Partner of the Year award. This award recognizes CDI for its innovation, leadership and best practices as a Cisco business partner. Cisco unveiled the annual award winners at the Cisco Partner Summit Digital 2020, which was held virtually on October 28, 2020.
The Breakaway Partner of the Year award is given to Cisco channel partners who rise to business challenges and to acknowledge their superior business practices, as well as reward best-in-class methodologies.
“We remain steadfast in growing our Cisco business and are pleased to once again be recognized as a top partner,” said Frank Romano, President of Engineering, CDI.
Investors focused on the Computer and Technology space have likely heard of Amkor Technology (AMKR), but is the stock performing well in comparison to the rest of its sector peers? Let’s take a closer look at the stock’s year-to-date performance to find out.
Amkor Technology is one of 615 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. AMKR is currently sporting a Zacks Rank of #1 (Strong Buy).
SHEFFIELD, United Kingdom and EAST LONDON, United Kingdom, Nov. 13, 2020 /PRNewswire/ — In the highly crowded and competitive space of SEO services, it takes a lot to stand out against other providers. Nonetheless The SEO Works have demonstrated their marketing-leading expertise, being crowned SEO Agency of the Year by three separate organisations.
Winners of SEO Agency of the Year at the UK Digital Growth Awards The UK Digital Growth Awards is a national competition celebrating talent that has driven real digital growth for clients. There are hundreds of entries judged by an esteemed panel of industry leaders, including experts from Vodafone, Samsung, AirBNB, Capita and McCann.
The SEO Works fought off stiff competition to become SEO Agency of the Year for 2020, evidencing real and tangible results to the bottom line. The judges commented: “The Seo Works demonstrate a strong track record in delivering SEO improvements and look