Industry News

Guidewire Software, Inc., a provider of software products to general insurers, today announced that NFU Mutual has selected Guidewire core operations, data and analytics, and digital engagement products. Already a Guidewire BillingCenter ® customer, NFU Mutual has chosen Guidewire..."/>
NFU Mutual Extends Guidewire Selection With Core, Data and Digital Products
ARM Holdings will be sold to a Japanese company, SoftBank Group, for more than $32 billion. Reuters, The Wall Street Journal and Bloomberg all reported a deal is imminent. The New York Times had reported talks between the two companies earlier."/>
BRIEF: ARM Holdings, rival to Intel, sells for $32 billion [The Oregonian, Portland, Ore.]
Hexaware Technologies, a leading global provider of IT, BPS and consulting services, has been recognized and honored for its unmatched capabilities in providing Business Process Outsourcing services to global telecom clients. The company received the best recognitions and awards in the following categories at the recently concluded' National Awards for Excellence in Outsourcing 2016' in Mumbai:."/>
Hexaware Honored at the 'National Awards for Excellence in Outsourcing 2016' for its Unmatched Capabilities in Telecom BPO Services
VMware, Inc., a global leader in cloud infrastructure and business mobility, today announced Kuwait National Petroleum Company will deploy VMware NSX ® network virtualization and VMware vRealize ® Suite to deliver IT as a Service through a new multi-site private cloud. Through its cloud initiative, and with the help of VMware technologies, KNPC will accelerate service delivery, improve IT efficiency and deliver a better customer experience."/>
KNPC Selects VMware Network Virtualization and Cloud Management Platforms as Foundations for Cloud Transformation
SunPower commercial partner, announced the completion of a 313- kilowatt high efficiency SunPower ® Helix™ Roof solar power system at American Reading's warehouse in King of Prussia. "As a triple bottom line company, we are proud that our new SunPower system will help us reduce carbon emissions and save approximately $2 million in electricity..."/>
American Reading Company and TerraSol Energies Dedicate Completed SunPower Solar System
iPass Inc, a leading provider of global mobile connectivity, to deliver Global Wi-Fi to MVNOs, Telcos, Enterprises and Loyalty partners. Utilizing the iPass SmartConnect™ Software Development Kit and API suite, Teleena will deliver fully-tailored and white-labelled global Wi-Fi to its partners. Teleena will offer customers..."/>
Teleena Utilizes iPass Developer Program to Deliver Global Wi-Fi Services
NetDimensions Limited. Moody's Analytics has successfully completed implementation of the NetDimensions Talent Suite to offer innovative training and certification solutions to financial organisations. NetDimensions, a global provider of performance, knowledge and learning management systems, announced today that Moody's Analytics has successfully completed the implementation of the NetDimensions Talent Suite to provide innovative..."/>
Moody's Analytics Rolls Out NetDimensions
Juniper Networks, an industry leader in automated, scalable and secure networks, today announced that Saudi Telecom Company, the largest telecommunications company in the Arab world, has deployed Juniper Networks ® Contrail Networking to create automated, best-in-class cloud services for its customers. STC is pioneering the use of Network Function Virtualization in the region, enabling it to offer customers accessible, dynamic online services and..."/>
Saudi Telecom Company Cloud Is More Agile With Juniper Networks Contrail
Sohu.com Inc., China's leading online media, video, search and gaming business group, will report its second quarter 2016 unaudited financial results on Monday, August 1, 2016, before U.S. market hours. Sohu's management team will host a conference call on the same day at 8:30 a.m. U.S. Eastern Time, August 1, 2016 following the quarterly results announcement."/>
Sohu.com to Report Second Quarter 2016 Financial Results on August 1, 2016
Changyou.com Limited, a leading online game developer and operator in China, will report its second quarter 2016 unaudited financial results on Monday, August 1, 2016, before U.S. market hours. Changyou's management team will host an earnings conference call on the same day at 7 a.m. Eastern Time, August 1, 2016 following the quarterly results announcement."/>
Changyou.com to Report Second Quarter 2016 Financial Results on August 1, 2016
Baidu, the leading Chinese language Internet search provider. ZestFinance is a Los Angeles-based company that uses machine learning to transform vast amounts of complex data into credit scores."/>
ZestFinance Receives Funding from Baidu to Fuel Development of Search-Based Underwriting Technology
Facebook during the weekend. The responses by her fellow group members show that the public is divided about traveling by way of Turkey at present, particularly with children."/>
Turkish vacations hit rock bottom prices for Israelis [Globes, Tel Aviv, Israel]
Wipro Ltd, Infosys Ltd and International Business Machines Corp. have shown an interest in handling the back end operations of India Post Payments Bank. All of these companies have responded to a request for proposal released by the department of posts on 1 July on its website, a person with direct knowledge of the matter said. The RFP aims to select a systems integrator for delivery of business applications and IT systems for IPPB..."/>
Wipro, Infosys, IBM vie for India Post payments bank's back end operations [Mint, New Delhi]
M and A Navigator: Deal pipeline –18 July
Yahoo has slouched toward oblivion with barely a whimper. The 21- year-old company, once a dominant force in Silicon Valley, is now close to sale, with final bids due Monday and observers expecting that the firm will be broken up. Experts say Yahoo committed fatal errors in the fast-paced, hypercompetitive tech world-- it didn't innovate fast enough, clung to a stale business model and failed to blow its own horn."/>
Yahoo led itself to auction block, experts say [East Bay Times]

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