The EDA industry is finally seeing some much-needed action. Carl Icahn, the largest shareholder in Mentor Graphics (NASDAQ:MENT), realizes the importance of consolidation in the industry and believes that Mentor needs to be merged with another player, a move that could cut costs significantly. Several years ago, I had proposed the same thing.
One of the decade’s major trends in vertical and local Web that I identified earlier was the growing importance and popularity of high-quality, specialized, niche content. OpenTable (NASDAQ:OPEN), the online restaurant reservation solution provider, seems to have fully understood this trend and how to take advantage of it.
Oracle (NASDAQ:ORCL) last week reported a strong quarter that beat analyst estimates. Increased spending on cloud computing by companies in many industries has been beneficial to Oracle, which entered the more difficult server business with its acquisition of Sun. Let’s take a closer look.
Adobe (NASDAQ:ADBE) this week reported an 84% increase in its profit but gave a conservative outlook due to the recent tragedy in Japan, which accounts for 10% to 15% of revenue. Meanwhile, Adobe appears to be changing its strategy around Flash and HTML with the launch of a new Flash-to-HTML converter last month. It also
Earlier this year, the Reserve Bank of India (RBI) released the Malegam Committee report, an important development for the MFI sector in the country. The report has paved way for the creation of a separate category of nonbanking financial corporations (NBFCs) operating in the microfinance (MFI) sector and meeting certain specified requirements; these companies will
A recent Games Purchase Drivers 2010 report published by The NPD Group revealed that an average of 71% of games bought by consumers in the U.S. comprised physical games, and 29% were digital games. In February of this year, total game industry sales rose 3% over the year to $1.36 billion. Sales of video game
The data integration market is attracting big-name players. Last year, Dell acquired Boomi, a SaaS integration leader, and IBM acquired Cast Iron, a cloud computing integration company. Although Oracle hasn’t made any purchases recently, the market remains abuzz with rumors that Informatica may be at the top of its list. As I have mentioned earlier, this would
Asia is expected to be a high-growth market for the travel industry. According to the World Trade Organization, the global tourism industry will add 66 million jobs by 2020, of which 50 million jobs will be in Asia. Rising income levels and an expanding middle class will help to fuel this growth. In China, for