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Geometric Software Q2 Consolidated Net Zooms 198% (Nasdaq) - (RTTNews) - Geometric Software Solutions posted second quarter net profit after taxes of Rs. 8.27 crores, compared to Rs. 1.94 crores for the same period last year. Total income increased to Rs. 50.14 crores from Rs. 28.74 crores in the year-ago quarter.

$785M Deal Takes Software Vendor Private (AP via Yahoo! Finance) - Open Solutions Inc., a software company specializing in products for financial institutions, announced Monday it is being sold to private investors for $785 million, plus the assumption of debt.

Cognos Launches Promotions Planning Software (TechWeb) - The new software, based on the Cognos 8 BI platform, includes a planning process that finance, marketing and merchandising people can use.

$785M Deal Takes Software Vendor Private (KiplingerForecasts.com) - (AP) GLASTONBURY, Conn. Open Solutions Inc., a software company specializing in products for financial institutions, announced Monday it is being sold to private investors for $785 million, plus the assumption of debt.

Local firm to update digital TV software (The MetroWest Daily News) - SOUTHBOROUGH -- UpdateLogic Inc. will announce a deal today with a consortium of cable television companies to send software updates for digital devices on their networks nationwide.

$1.3B for Software Company Going Private (AP via Yahoo! Finance) - Open Solutions Inc., a software company specializing in products for financial institutions, announced Monday it is being sold to private investors for $1.3 billion.

'Use software models' to talk to the business (Computer Weekly) - Diagrams that model how a software project will work should be used to facilitate communication between the business and IT.

Apple Buys FinalTouch Software Maker Silicon Color (The Mac Observer) - Silicon Color recently updated its Web site to note that its technology and intellectual property, including its FinalTouch color correction software, has been purchased by Apple

Microsoft To Link Rival Security Software In Vista (TechWeb) - Microsoft changes tune and says it will post links to rival security software makers in the welcoming screen for Windows Vista.

Sage Software Announces Business Partners of the Year (SYS-CON Media) - Sage Software announced today the 2006 BusinessPartner of the Year recipients and million dollar achievers for its channelpartner community. Business Partner of the Year honors are given to topranking business partners for each of Sage Software's mid-market productlines and solutions groups, including Accounting Solutions, Constructionand Real Estate, Specialized Business Solutions, Non-Profit

 
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