HCL Tech acquires IBM’s software assets for $1.8 billion
Saturday, 8 December 2018 () Indian investors were not convinced about the value of the deal, and pushed the HCL Tech share price down by 5% on Friday. But some analysts said it’s too soon to make a judgment and attributed the stock market response to a lack of understanding among investors on how to value a software business, as against Indian IT’s traditional services business, and on HCL’s new strategic priorities.
Reuters reports that Apple Inc has announced it will push software updates to users in China in a bid to resolve potential issues. The global tech giant is facing a court ban in China on several iPhone..
Mergers and acquisitions in the tech space have helped fuel growth in recent years, especially as the cost of debt has remained low. In fact, over just the past four years M&A activity has totaled more..
Jim Cramer says that investors keep getting whacked with ping pong balls. He compared the market to a game of ping pong in an interview with TheStreet. Cramer also discussed his Real Money column and..