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New Products: Arkeia Software releases Advanced Disaster Recovery (San Diego Daily Transcript via Yahoo! News) - Arkeia Software announced the release of Advanced Disaster Recovery, a Linux disaster recovery module. Bumble Bee launched its new Easy Peel Sensations Seasoned Tuna Medleys.

IBM advancing global-based software development (InfoWorld via Yahoo! News) - Building on its Jazz strategy for collaboratively building software, IBM Rational will offer versions of its products geared toward global cooperative development with an eye toward boosting SOA in 2007.

Siemens buys software company UGS for $3.5B (InfoWorld via Yahoo! News) - German industrial giant Siemens plans to buy PLM (product lifecycle management) software developer UGS for $3.5 billion, allowing it to offer customers all-digital manufacturing systems from the drawing board to the factory gate.

Freescale Agrees to Use Synopsys' Software (AP via Yahoo! Finance) - Chip maker Freescale Semiconductor Inc. and semiconductor design software maker Synopsys Inc. said Monday they signed an agreement under which Freescale will use Synopsys' verification platform.

Sun shuffles software execs (ZDNet) - Aisling MacRunnels takes over software marketing, while predecessor Peder Ulander is now trying to woo start-ups.

Court ruling on software taxes could be costly (Milwaukee Journal Sentinel) - A court ruling that the state Department of Revenue incorrectly taxed business software could have a "very large" impact on the state treasury, which already faces a potential deficit of at least $1.6 billion by mid-2009, Gov. Jim Doyle said Th...

Freescale Agrees to Use Synopsys' Software (KiplingerForecasts.com) - (AP) MOUNTAIN VIEW, Calif. Chip maker Freescale Semiconductor Inc. and semiconductor design software maker Synopsys Inc. said Monday they signed an agreement under which Freescale will use Synopsys' verification platform.

OverDrive Enables Access to Download Games and Interactive Software (EContent Magazine) - OverDrive, a provider of digital media content distribution for libraries, has announced it will add download digital games and interactive software to its Digital Library Reserve service offering.

Callidus Software Reports Fourth Quarter 2006 Results (SYS-CON Media) - Callidus Software Inc. , a leading provider of Sales Performance Management (SPM) and Enterprise Incentive Management (EIM) software, today announced financial results for the fourth quarter and the year ended December 31, 2006.

Yahoo shares rise on optimism about Panama software (International Herald Tribune) - The company's chief executive officer, Terry Semel, pledges to release the new advertising software next month as he seeks to close the gap with Google.

 
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