Intuit to Buy Producer of Banking Software
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Intuit plans to buy the Digital Insight Corporation for $1.35 billion, a move that will expand it into online banking software and services.
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IBM , the world's largest  information-technology company, on Wednesday said it agreed to  buy Internet Security Systems Inc.  for $1.3 billion,  continuing an acquisition drive to fuel growth.
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The private equity firm said it had agreed to buy an Indian back-office company, Intelenet Global Services Ltd., for an undisclosed sum.
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IBM said it plans to acquire software vendor Systemcorp for an undisclosed sum. The Montreal company makes project portfolio management software for helping companies manage IT projects.
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Intuit Inc  is looking to boost  Quicken personal finance software sales by offering it as a  service for $3 a month that can run on Apple Inc's   iPhone.
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The Motley Fool - Leverage buyouts (LBOs) -- in which management borrows large amounts of money to buy a company and take it private -- have traditionally been for brick-and-mortar companies. But with billions flowing into private equity firms, they're are now targeting software companies as well. The latest: the $1.3 billion LBO of enterprise software developer Intergraph (Nasdaq: INGR - News). However, given the deal's valuation, there may be more bidders coming to the table.
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Purchase of Pilot Software part of SAP's ongoing strategy to expand product line via acquisitions.
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Company agrees to buy Archivas, an existing partner, whose software allows for immediate access to protected, archived data.
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BMC Software is buying privately held ProactiveNet as a way to flesh out the analytics portion of its BSM (business service management) software.
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To help its customers get a handle on all the data scattered across their enterprises, IBM Thursday announced plans to acquire Venetica, a privately held company that makes content integration software.
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IT distributor Agilysys Inc. continued its strategy of growing by acquisition, announcing plans to buy Innovativ Systems Design Inc., a major U.S. reseller of Sun Microsystems Inc.'s servers and storage products.
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Data storage firm EMC Corp. said Tuesday it agreed to purchase Smarts Inc., a privately held maker of event automation and network systems management software, for about $260 million in cash.
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Deal worth $1.35 billion is designed to help Intuit attract a larger number of financial institutions as customers.
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IBM plans to acquire content-management software maker Venetica, the 18th acquisition that Big Blue&#39;s Software Group has made since 2001.
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IBM yesterday announced plans to buy Consul Risk Management, a compliance and security software company with the bulk of its developers in Herndon -- the third local software firm bought in IBM's recent buying binge.
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International Business Machines Corp. said Thursday that it agreed to acquire Charlotte, NC-based Venetica, a privately held developer of software for organizing and accessing business documents and media.
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International Business Machines Corp.   said on Tuesday that it agreed to buy privately held  software maker Vallent Corp. to boost its line of software  offerings.