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Foreigners spend $500 mln on Israel software firms (Reuters via Yahoo! News) - Foreign companies spent more than $500 million in acquiring 15 Israeli software firms over the past 12 months, Israel's Manufacturers Association said on Sunday.

PROGRESS SOFTWARE SETS UP DEVELOPMENT CENTRE IN INDIA (Asia Pulse via Yahoo! Australia & NZ Finance) - Technology US-based e-business application products supplier Progress Software Corporation (PCS) has set up its India development centre here.

Progress Software Sets Up Development Centre In India (Asia Pulse via Yahoo! Australia & NZ News) - US-based e-business application products supplier Progress Software Corporation (PCS) has set up its India development centre here.

Foreigners Spend $500M on Israel Software Firms (eWeek) - Foreign companies spent more than $500 million in acquiring 15 Israeli software firms over the past 12 months, Israel's Manufacturers Association said.

Restaurants Unlimited, Inc. Selects EatecNetX From Eatec Corporation As Its Back-Office Software Solution (Foodservice Central .com) - Emeryville, CA - Eatec Corporation, a provider of enterprise back-office solutions and services for the hospitality and foodservice industries, announced that Restaurants Unlimited, Inc. has chosen EatecNetX, Eatec's web-centric software solution for implementation.

Taking On Software Liability - Again (Slashdot) - An anonymous reader writes "You may remember an article in which a BBC correspondent wrote an article criticising current software licenses. In answer to the huge discussion that this brought about, he has written another article defending his views. From the article: 'It is possible to make error-free code, or at least to get a lot closer to it than we do at the moment, but it takes time and

So Now I'm A Software Architect. What Do I Actually Do? (OS News) - A key part of the software architect's job is producing an architectural description of the system that defines the architecture's key functions, features, and characteristics for its stakeholders. Where do you start? What do you need to know?

Financial software requires some effort (Chicago Tribune) - Q. You're always recommending that people track their expenses, but I never seem to be able to keep at it. Is there any software that would make this process less tedious and cumbersome?

Foreigners spend $500 mln on Israel software firms (Reuters) - One of the largest deals took place in April, when manufacturing software maker UGS bought Israel's Tecnomatix Technologies for $228 million.

Trojan software trashes PlayStation Portable (ARNnet) - PlayStation Portable users looking to modify their gaming system so it can run software that has not been approved by Sony may find themselves running nothing at all. Ever.