computing

Akamai Reports Q3 2018 Financial Results

Akamai Reports Q3 2018 Financial Results

Akamai Technologies, Inc. (NASDAQ: AKAM) reported financial results for the third quarter that ended September 30th, 2018.  Revenue increased 7% and reached $670 million.  The revenue increase was driven by a 37% increase year over year to..

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

Cisco to Buy Springpath for $320 Million

Cisco to Buy Springpath for $320 Million

Cisco Systems Inc. (NASDAQ: CSCO) announced plans to purchase Springpath, a hyper-convergence startup, for $320 million and equity awards.With the acquisition of Springpath, Cisco plans to revolutionize the data center through its innovative Sp..

Oracle Corporation Shares Up After Earnings

Oracle Corporation Shares Up After Earnings

Oracle Corporation (NYSE: ORCL) yesterday announced fiscal 2017 Q4 results and fiscal 2017 full year results. Shares of the tech giant have jumped about 9% after the results. Comparing Q4 2017 to Q4 last year, SaaS (Software as a Service) cloud..