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Friday, September 30, 2016

Data storage provider Nutanix soars in market debut

(Reuters) - Shares of Nutanix Inc , an unprofitable provider of enterprise data storage, soared more than 80 percent in their market debut on Friday, highlighting demand for tech offerings in what has been a generally quiet year for IPOs.


from Reuters: Technology News http://ift.tt/2dwWg9y

Cognizant says conducting corruption investigation, shares slump

(Reuters) - IT services provider Cognizant Technology Solutions Corp said on Friday it was conducting an internal investigation into possible violations of the U.S. Foreign Corrupt Practices Act and other laws.


from Reuters: Technology News http://ift.tt/2dfncZr

Avast not done with deal-making after AVG buy, but no rush

PRAGUE (Reuters) - Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview.


from Reuters: Technology News http://ift.tt/2dKcStF