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Stock Market & Financial Investment News

News Breaks
February 7, 2013
12:12 EDTBSFT, ORCLWilliam Blair believes the probability of a Broadsoft takeout got a lot better
William Blair believes Oracle's (ORCL) acquisition of Acme Packet (APKT) signals its intention to unify delivery of all-IP business and end-user services in the UC market. The analyst said Broadsoft (BSFT) provides key IP Voice/call control application and client interfaces, which would allow Oracle to take on its largest competitor, Microsoft (MSFT), and compete against Microsoft Lync. The firm believes Broadsoft's business model is a prime target for Oracle and reiterates its Outperform rating.
News For BSFT;ORCL From The Last 14 Days
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October 20, 2014
12:09 EDTORCLIBM hits 52 week low after earnings miss, 2015 profit target dropped
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October 9, 2014
16:49 EDTORCLOracle hires former director of engineering from Google, Re/code reports
Oracle (ORCL) hired Peter Magnusson, former director of engineering at Google (GOOG) and VP of engineering at Snapchat, two weeks ago in a move to improve its cloud computing business, Re/code reports, citing sources familiar with the move. Reference Link

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