- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Autodesk, Inc. (NASDAQ:ADSK) has acquired certain of the assets of privately held Inforbix, which develops software for the cloud-based product lifecycle management Parametric Technology Corporation (NASDAQ:PMTC). The buyer competes both with Parametric and Dassault Systemes SA (DASTY) in the PLM space, and intends to join Inforbix’s tech to its cloud-based PLM360 suite. Further, Inforbix co-founder Oleg Shilovitsky will become the Senior Director of PLM and Data Management.
Facebook (NASDAQ:FB) is in discussions with the traffic and navigation application developer Waze perhaps concerning a purchase, says Globes. Waze’s applications are dependant upon users to provide data about local accidents, traffic, and gas prices, among other current happenings. The synergies with Facebook status updates are obvious.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.