ADP and Intuit Should Acquire Some SaaS

Last week, Intuit (NASDAQ:INTU) the leading accounting and tax software maker with annual revenue of $3.1 billion, reported a strong third quarter in which it beat estimates, driven by strong sales in Consumer Tax and growth in the small business customer base despite the tough economy. In the past few weeks there have been expressions of

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EMC, VMWare Steady

EMC (NYSE:EMC) and VMWare (NYSE:VMW) recently announced their quarterly results. While they failed to meet some expectations, both companies’ managements were reasonably happy with their performances in this poor economy.

Comcast Goes Digital

Comcast (NASDAQ:CMCSA) was optimistic last quarter about its performance in the troubled economy, and the recently announced Q1 results are proof that this optimism wasn’t entirely unfounded. Q1 revenues of $8.84 billion grew 5% over the year and beat the market’s expected $8.76 billion. EPS of $0.27 was higher than the Street’s expected $0.23 and grew

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Networking Sector: Changing Landscape

Early in the month, Cisco said that the networking industry is showing signs of stabilizing despite an 18% slump in sales. 3Com too has been showing signs of pulling off a turnaround. Nortel, however, filed for bankruptcy earlier this year. And Brocade is likely an acquisition target. Let’s now analyze the performance of the remaining

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Online Travel Retrospective For Q1

The online travel majors recently announced impressive quarterly results for these troubled times. Priceline regained lost ground in terms of valuation and revenue growth and Expedia gained market share, but Orbitz continued to flounder.

Incumbents And Innovators In SaaS

Yesterday we looked at the performances and acquisition prospects of SaaS players NetSuite, SuccessFactors, and Citrix. Let’s now take a closer look at their peers Omniture, Concur, and RightNow.

Acquisition Prospects in SaaS

The global recession, which not surprisingly has forced companies to cut operating costs and streamline IT operations, has been something of a boon for the SaaS sector, with major companies turning to cloud computing. I expect to see acquisitions in the SaaS space this year. SaaS companies like NetSuite, SuccessFactors, and Citrix, which all recently

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Chip Makers AMD, NVIDIA Recovering

According to recent report published by research firm IDC, the PC microprocessor market was weak in Q109 but that the decline is slowing due to inventory replenishment by OEMs at the end of the quarter. The report further noted market share gains for AMD. NVIDIA also reported market share gains. Let’s take a closer look

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