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.
According to Gizmodo.com, "Google will continue to work with Huawei for the next 90 days, effectively reversing its decision over the weekend to completely cut business ties with the Chinese tech giant..
As two new IPOs hit the NYSE on Thursday, the market showed its appetite for exciting tech names hasn't slowed. Shares of both Israeli cybersecurity company Tufin and California-based cloud computing..