In an effort to improve hospital efficiency, GE has tagged $2 billion for software investments in the healthcare space. The company will invest in software and app development “ to advance current…
Google Closes Acquisition of Crowd Sourced Mapping App Waze
by MATT GALLAGHER, Red Herring journalist Google officially announced closing its acquisition of Waze, the Israeli crowdsourcing mapping app, following a hotly contested bidding war with other tech giants, including Facebook, Apple…
2013 Top 100 North America: Winners
The Red Herring team selected the 2013 Top 100 North America. Selected from a pool of hundreds of submissions from across the region, this exceptional group is highlights the most innovative, disruptive and fastes growing…
Morgan Stanley Predicts YouTube to Be a $20B Business
Google keeps pretty mum on the subject of YouTube revenue, leaving it to analysts to guess what kind of take the service racks in. Analysts from Morgan Stanley recently took a crack…
Yahoo Acquires Tumblr for $1.1B, Promises “Not to Screw It Up”
Yahoo has acquired Tumblr, the popular blogging service, for $1.1 billion cash in one of the largest deals for a social networking company in years, even surpassing Facebook’s $1 billion acquisition for…
NTP Offers Universal Access to Business File Data Management
By MATT GALLAGHER, Red Herring journalist As NTP Software’s CEO Bruce Backa is fond of saying: “The business of file data management may not be as sexy as Google or Facebook, but…
Ouya Scores $15M for Android-based Games Console
Ouya, a Los Angeles-based startup whose Android-based games console attracted a lot of attention, not to mention money, from a better than anticipated Kickstarter campaign, recently raised $15 million, this time from…
BMC Software Privatizes in $6.9B Deal
BMC Software agreed to privatize itself in $6.9 billion sale to a group of investors led by Bain Capital and Golden Gate Capital. The deal pays $46.25 per share to the buyer’s…
Eventbrite Raises $60M, Puts Off IPO
Those waiting for Eventbrite to go public will have to be patient. The online ticketing company recently raised $60 million to buy it more time. The round was led by Tiger Global…
IBM Acquires UrbanCode for Fast App Development
In a sign that devops, the practice of fast software deployment, is the next big thing, IBM has acquired UrbanCode, a Cleveland software startup that automates the production and delivery of apps.…