The latest push by an activist investor to boost Yahoo’s growth — this time suggesting Yahoo acquire another growth-challenged Web portal, AOL — failed to excite investors, and an analyst said the idea wouldn’t address the core growth issue. Yahoo stock fell a fraction Monday and is within pennies of where it started the year. “I understand some of the logic behind … putting the two together, and you could get a lot of synergies,” Rosenblatt
Tibco Software’s lack of traction in cloud computing is a prime reason the enterprise software company will likely wind up in the hands of a private equity firm rather than being bought by a larger software company such as Oracle or SAP, some analysts say. Tibco (TIBX), a leading provider of infrastructure software, early Monday announced it had agreed to be sold for $4.3 billion, or $24 a share, to Vista Equity Partners, a private equity firm
Leading HR software-makers Automatic Data Processing and Ceridian are stepping up efforts to offer more services via the cloud to better compete with rivals already there, such as Oracle, Workday and recent IPO Paycom Software. The combination of competition and customer demand for easy access over the Internet to a full line of human resource functions that include talent management and payroll services is driving the move, says Paul Hamerman, an