Intuit Inc. (Nasdaq:INTU) announced it has entered into a definitive agreement to purchase Demandforce, a San Francisco-based company that helps small- and medium-sized businesses (SMBs) thrive in the connected economy. Demandforce’s software as a service, or SaaS, application is used by thousands of small businesses to automate marketing and customer communications, build and maintain a [...]
iSoftStone Holdings Limited, a leading China-based IT services provider, today announced that, Beijing Guodian Ruantong Technology Co., Ltd., a subsidiary of iSoftStone, has acquired all of the assets, customer base and business of Nanjing Jiangchen Science & Technology Co., Ltd., a geographic information systems (“GIS”) and smart grid software and solutions provider based in Nanjing, [...]
IBM (NYSE: IBM) announced a definitive agreement to acquire Varicent Software Incorporated, a leading provider of analytics software for compensation and sales performance management. Varicent is a privately held company, with headquarters in Toronto, Canada. Financial terms were not disclosed. Varicent software automates and analyzes the collection and reporting of sales data across finance, sales, [...]
Facebook announced that it has reached an agreement to acquire Instagram, a fun, popular photo-sharing app for mobile devices. The total consideration for San Francisco-based Instagram is approximately $1 billion in a combination of cash and shares of Facebook. The transaction, which is subject to customary closing conditions, is expected to close later this quarter. [...]