Rockwell Collins (NYSE: COL) today announced it has acquired Newport News, Virginia-based International Communications Group, Inc. (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry. The initial purchase price was $50 million and additional post-closing consideration of up to $14 million may be paid.
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SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has released a new CXO Corner relay titled, “Technology as Strategic Enabler - a Global Operating Model in Action.” The piece features David Eckert, Managing Direc
Informatica Corporation, the world's number one independent provider of data integration software, today announced the successful completion of its acquisition by a company controlled by the Permira funds and Canada Pension Plan Investment Board (CPPIB). Additionally Informatica announced that Microsoft Corporation and Salesforce Ventures have agreed to become strategic investors in the company alongside the Permira funds and CPPIB. The acquisition is valued at approximately $5.3 billion, with Informatica stockholders receiving $48.75 in cash per share.
Computop, a leading global payment service provider (PSP) has signed an agreement with global payments specialist ACI Worldwide to provide merchants an integrated online payments and fraud prevention solution powered by ACI's ReD Shield, a premier
Prior to joining WealthEngine, Hines was Regional Vice President for enterprise accounts at Salesforce.com.
Hines is considered a top sales leader with proven expertise driving record growth at successful technology companies such as Symantec, Network Associates, and Sun Microsystems. He brings WealthEngine an experienced background selling cloud-based business applications, enterprise security and data center solutions.
PayItSimple has been named a finalist in the Most Innovative Non-Financial Institution category at the 2015 BAI-Infosys Finacle Global Banking Innovation Awards, presented at the
Silicon Valley Bank, the bank of the world's most innovative companies and their investors, announced it has hired the team from startup company Standard Treasury to help accelerate the development of its API (application programming interface) banking services that will enable easier collaboration, product development and integration with SVB's clients.
Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc., has entered into a definitive merger agreement to acquire Ikanos Communications, Inc.