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I.B.M. Sales Beat Forecasts on Software and Services (New York Times) - I.B.M.?s profit slightly surpassed estimates, lifted by strong software sales and a solid performance from its big services unit.

Mainframe Software Brings In Cash, But BMC Finds Growth In IT (Investor's Business Daily via Yahoo! News) - When Bob Beauchamp wanted a sign that BMC Software's new strategy was working, all he had to do was look at his rivals.

IBM net gains on software acquisitions (Reuters via Yahoo! News) - IBM , the world's largest technology services company, said on Thursday that quarterly profit rose, helped by a string of software-company acquisitions and big services contracts.

MySpace developing security software (CNN.com) - NEW YORK (AP) -- The popular online hangout MySpace.com has been quietly developing software designed to give parents the bare-bones of what their kids are doing on the site.

IBM net gains on software acquisitions, contracts (ZDNet) - Big Blue has been on a push to augment its services offerings, a traditionally lower-margin business, with more-profitable software.

IBM Profit Rises 11% on Service Contracts, Software Purchases (Bloomberg.com) - Jan. 18 (Bloomberg) -- International Business Machines Corp., the world's biggest computer-services company, said fourth-quarter profit rose 11 percent on new contracts and acquisitions to bolster the company's software unit.

IBM profit rises 11% on strength in services, software (Market Watch) - SAN FRANCISCO (MarketWatch) -- International Business Machines Corp. on Thursday reported an 11% rise in fourth-quarter profit, helped by higher sales in its key global services division and more demand in its software business.

Omniture Buys European Software Maker (AP via Yahoo! Finance) - Online business software maker Omniture Inc. said Thursday it acquired Instadia, a Danish business Web analytics provider, and added over 30 Instadia personnel to its Europe, Middle East and Africa client services, sales and marketing teams.

With An 80-Core Chip On The Way, Software Needs To Start Changing (ChannelWeb) - With Untel executives saying they're only five to eight years away from producing an 80-core chip, now may be the time for software developers to start working on applications that can take advantage of it.

GetActive Software sold to Texas rival (BizJournals) - GetActive Software of Berkeley has agreed to be sold to Austin's Convio Inc.