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Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board

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.

Friday, August 7, 2015 - 10:06
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Global Competitiveness: Financing Innovation in the U.S. and China
There is a vigorous debate about innovation in China and U.S.-China competitiveness. It is widely held that China copies and steals U.S. innovation and ideas and is incapable of generating these organically. In this regard,the WSJ interviewed Mike MacNamara, CEO of Flex, the big contract manufacturer formerly known as Flextronics which employs 80,000 people, many of them in China, and Jenny Lee, Managing Director of GGV Capital and one of the leading venture capitalists in the world.
Friday, August 7, 2015 - 09:59
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Computop and ACI Worldwide partner To Provide eCommerce Merchants Integrated Online Payments And Fraud Solution

 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 

Thursday, August 6, 2015 - 13:39
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WealthEngine Announced the Appointment of Robert Hines, as Chief Revenue Officer

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.

Thursday, August 6, 2015 - 13:28
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PayItSimple USA Inc. Named BAI-Infosys Finacle Global Banking Innovation Award Finalist

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 

Thursday, August 6, 2015 - 13:22
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API Banking Startup, Standard Treasury To Join Silicon Valley Bank

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.

Thursday, August 6, 2015 - 13:17
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Broadridge Advisor Solutions Now Part of LPL Financial's Vendor Affinity Program
Thursday, August 6, 2015 - 13:13
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Qualcomm to Acquire xDSL and G.fast Networking Technology Provider Ikanos

Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc., has entered into a definitive merger agreement to acquire Ikanos Communications, Inc.

Thursday, August 6, 2015 - 13:09
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linked2pay To Launch Bank Centric Payments

linked2pay, an award winning provider of ACH and credit card payment solutions announced today the launch of Bank Centric Payments™. Initial bank and reselling partners are deploying the solution.

Thursday, August 6, 2015 - 12:54
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ING Turkey Bank Increases Sales, Customers, and Market Share with TIBCO

 

‘Anywhere, Anytime’ banking may once have been considered an over ambitious vision, but thanks to the plethora of mobile devices that put financial decision-making and transactions literally into the hands of the customer it has now become a reality.

By rapidly embracing the opportunity to bank on their own terms through their preferred channels customers are driving an unprecedented level of digitalisation within this environment and the banks are responding accordingly with innovative technology that is transforming their relationships and capturing more sales.

Thursday, August 6, 2015 - 12:39
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