Tag: software
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Tech Industry IPOs Remain Strong in Q2
Categories: Tech CompaniesTech IPOs Tech Industry IPOs Remain Strong in Q2 The number of IPOs in the tech sector continued to climb in the second quarter, but the proceeds from these offerings showed only modest growth. Steady Funding There were 36 global tech company IPOs in the second quarter of this year, which raised a total of… Read more
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Open-Source Software Reaches Near-Ubiquity
Categories: Tech AnalysisOpen source software Level of Open-Source Software Adoption To varying degrees, 78% of companies use open-source software. That’s almost twice as many organizations using open source than there were in 2010. Use of Open-Source Software More than nine out of 10 (93%) respondents said their use of open-source software stayed the same or increased in… Read more
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Cloud, Mobility Fuel Surge in Tech M&A Activity
Categories: News and TrendsMergers and acquisitions Industry Overview In the tech industry, there were 277 M&A deals in 2014 worth a total of nearly $161.4 billion, up from 204 deals worth just under $100 billion in 2013. Industry Sectors: Internet There were 76 deals worth just over $49.7 billion in 2014 in the Internet sector, up from 30… Read more
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Disruptive Power of Tech Spawns Buyouts, Spin-Offs
Categories: Tech CompaniesDisruptive Power of Tech Spawns Buyouts, Spin-Offs Big Money There were 64 IT industry deals worth more than $30 billion, combined, in the third quarter, compared with 70 deals worth $27.7 billion in the prior quarter. Sector Breakdown: IT Services The IT services sector saw nine deals worth $8 billion, combined, in the latest quarter,… Read more
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IT Services Sector Continues to Add Jobs
Categories: CareersIT hiring Slight Uptick in Tech Jobs The U.S. tech industry grew by 1.9%, or nearly 119,000 jobs, in the first six months of 2014, employing 6.3 million people as of June 2014. This is slightly higher than the 1.8% growth during the same period in 2013. Fastest Growth R&D, testing and engineering services experienced… Read more
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Strong Q2 M&A Climate Expected to Continue Through 2014
Categories: Tech CompaniesM&A Increasing M&A Deals There was a total of $26.7 billion in transaction value conducted through 62 deals in the tech industry in the second quarter 2014, up from $14.3 billion from 36 deals in the second quarter of 2013. Stronger Software Market There was a total of $4 billion in software transactions, coming from… Read more