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SAP says to buy software company YASU (Reuters via Yahoo! News) - SAP intends to buy India's YASU Technologies, a software company with 120 staff, for an undisclosed price, it said in a statement on Wednesday.

Adobe sees full shift to online software delivery (The New Zealand Herald) - SAN FRANCISCO - Adobe is working to deliver all of its software via the web as a service rather than a packaged product, but the transition to earn money from subscriptions or advertising could take a decade.

Apple to open up iPhone software (BBC News) - Apple boss Steve Jobs says outside developers will now be allowed to make add-on software for the iPhone.

Software AG Says Estimates Are Too High; Shares Fall (Update5) (Bloomberg.com) - Oct. 17 (Bloomberg) -- Software AG, Germany's second-largest software maker, dropped to a five-month low in Frankfurt trading after telling analysts, a week before its scheduled earnings announcement, that their sales estimates were too high.

Quest Software names new CFO (bizjournals.com via Yahoo! Finance) - Quest Software Inc. on Wednesday named Scott Davidson senior vice president and chief financial officer effective immediately.

Software AG Says Estimates Are Too High; Shares Fall (Update4) (Bloomberg.com) - Oct. 17 (Bloomberg) -- Software AG, Germany's second-largest software maker, fell the most in 5 1/2 years in Frankfurt trading after telling analysts, a week before its scheduled earnings announcement, that their quarterly sales estimates were too high.

US Software Maker CA Opens India Center (AP via Yahoo! Finance) - U.S. software technology company CA Inc. on Wednesday opened a software development center near the southern Indian city of Hyderabad.

OUTLOOK SAP Q3 net seen up 12 pct on hike in software, related service revenues (Sharewatch) - FRANKFURT (Thomson Financial) - SAP AG is expected to show third-quarter profits rose 12 pct, when it posts its results today, on a hike in software and software-related service revenues, analysts said.

SAP to acquire India software maker (CNET) - German software giant snaps up its second company in October; the latest is Yasu Technologies, which creates business rules management systems.

Ahead of the Bell: BMC Software (AP via Yahoo! Finance) - A Bear Stearns analyst downgraded enterprise software maker BMC Software Inc. early Wednesday, citing valuation and possible increased risk to its core business.