Industry News

eGain's award-winning cloud solutions in Finland. Sunnyvale, CA and Slough, UK: eGain, the leading provider of cloud customer engagement solutions, today announced that Elisa, a leading communications and online service provider in Finland, will market and resell eGain's award-winning cloud solutions for knowledge-guided digital engagement in Finland. A leader in telecommunications, ICT and online service company..."/>
EGain announces distribution agreement with Elisa - eGain
Paychex, Inc., a leading provider of human capital management solutions for small- to medium-sized businesses, today announced that its board of directors approved a $0.04 increase in the company's regular quarterly dividend, an increase of 10 percent. The dividend will go from $0.42 per share to $0.46 per share and is payable on August 25, 2016 to shareholders of record on August 1, 2016.. Paychex also announced that its board authorized the purchase of up to $350 million of its..."/>
Paychex Increases Quarterly Dividend and Authorizes $350 Million Stock Repurchase
Barracuda Networks Inc, a provider of cloud-enabled security and data protection solutions, on Thursday reported GAAP net income of USD2.8m, or USD0.05 per diluted share, for the first quarter fiscal 2017, ended 31 May 2016.. This was an improvement over a GAAP net loss of USD3.8m, or USD0.07 per share, in the first quarter of fiscal 2016.. Total revenues for the quarter were up by 11% to USD86.7m, as compared with USD78.0m in Q1 fiscal 2016."/>
Barracuda swings to profit in Q1 fiscal 2017
Arista Networks, Inc. will release its financial results for the quarter ended June 30, 2016 after U.S. markets close on Thursday, August 4th. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at http://investors.arista.com. Arista's executive management team will host a conference call on August 4th beginning at 1:30 p.m. PT to discuss..."/>
Arista Networks to Announce Q2 Fiscal Year 2016 Financial Results on Thursday, August 4th
Comtech Telecommunications Corp announced on Thursday that its subsidiary Comtech EF Data Corp, part of Comtech's Commercial Solutions segment, has received a USD3.6m million equipment order as part of a buying agreement to support a government agency's satellite network upgrade. According to the company, this order is the final part of a USD6.2m buying agreement, which encompasses a range of Comtech EF Data ground equipment, including the CDM-625 Advanced Satellite Modem..."/>
Comtech’s subsidiary awarded order for USD3.6m in equipment for network upgrade of government agency
Facebook's mission to "connect the world" by offering people free access to some parts of the internet with Free Basics hasn't worked out--at least in India where it had to pull the plug on its service because of the Telecom Regulatory Authority of India's ruling on net neutrality. But that doesn't mean the company has stopped trying. On Wednesday, it announced OpenCellular, an open-sourced platform aimed at improving connectivity in remote areas of the world."/>
Facebook's Open Cellular follows Free Basics with aim to connect the world [Mint, New Delhi]
Canon Inc. today announced their agreement to present special faithful reproductions of a rare 1,600- year-old manuscript to the first 200 people/organizations who donate 500 euros or more to support an ongoing project that is using NTT DATA technology to digitally archive thousands of..."/>
Reproductions of Rare Vatican Manuscript to Be Presented to Project Donors
China Goldjoy Group Limited is pleased to announce that it has completed the acquisition of China Yinsheng Asset Management, China Yinsheng Securities, China Yinsheng Wealth Management and KB Investment on 4 July 2016, following the same of KB Credit Limited on 3 May 2016. The five financial services and asset management companies have each become a 70%- owned indirect subsidiary of China Goldjoy, and their results will be consolidated into the financial..."/>
China Goldjoy Successfully Acquires Interest in Five Financial Institutions
Mega Millions jackpot over $540M tonight [Boston Herald]
Microsoft Corp., International Business Machines Corp., Hewlett-Packard Co., Dell Inc., Oracle Corp. and VMware Inc. are pulling out all the stops to win customers in India. Further, the size of your company plays a big factor. To make the choice tougher, AWS and Microsoft, which offer infrastructure-as-a-service and platform-as-a-service,..."/>
Who should be your cloud driver on the digital highway? [Mint, New Delhi]
GMV is so 2015, says Snapdeal CEO Kunal Bahl [Mint, New Delhi]
Financial Technologies India Ltd, which promoted NSEL. Shah was granted an exemption on medical grounds."/>
68 NSEL scam accused to appear before PMLA court on 18 July [Mint, New Delhi]
Internet of Things business. Hase joins from Ooredoo, a telco in Qatar, where he was IoT/M2M director at the group level. He will report to group managing director Amitabh Jhunjhunwala."/>
Reliance Group appoints Juergen Hase as CEO for IoT business [Mint, New Delhi]

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