This year, Salesforce (NYSE: CRM) has spent close to $5 billion on acquisitions, with the largest one being the $2.8 billion acquisition of e-commerce platform Demandware. Its most recent acquisition is that of marketing data startup Krux.
Slack appears to be on an on-again-off-again relationship with the stock market. At the end of last year, the company appeared to be gearing up to go public in 2016. But more recent news reports and comments by the management suggest that the stock market is quite a mile away for the enterprise chat services
In the recently reported quarterly results, alternate energy products provider Energy Recovery (NASDAQ: ERII) had a difficult run. But the market is still hopeful of its future. With investment in product development and talent, the company believes it just needs time to prove its worth.
According to market research, the Chinese car market is the biggest passenger car market in the world. It attained that honor back in 2009 and has kept the crown since. In 2015, the number of cars sold in China grew 5% over the year to 24.6 million units. Compare that with the 17.2 million vehicles
The social media sector, Facebook in particular, has set the trend for high valuations even without revenues or even monetization models. But not all these unicorns can expect to sustain such high valuations.
The Affordable Care Act (ACA) or Obamacare was a big push for healthcare IT companies like athenahealth (NASDAQ: ATHN). As these subsidies and regulatory pressures decline, athenahealth is shifting its focus to develop services that enhance end-customers’ productivity.
The election results are out and we have a new President. During his campaign, President Elect Trump had spoken quite vehemently on his views about trade relations with China. And now, that he is in the Office, Chinese companies are worried about the possible trade disruptions that may occur between the United States and China.
According to a recent BIA/Kelsey report, the local advertising market in the US is estimated to be worth $146.6 billion in 2016 and the industry is expected to grow to $168.9 billion by 2020, translating to an annualized growth rate of 3.6% over the five-year period from 2015 to 2020. The growth will be driven by digital media which