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EMC Plans Public Offering for 10% of Software Division (New York Times) - EMC said it planned to sell 10 percent of its fast-growing software subsidiary, VMware, in an initial public offering this summer.

Dutch scientist says software can cut car fuel use (Reuters via Yahoo! News) - Modern cars can reduce fuel consumption by more than 2.5 percent just by adding a piece of software to the engine computer, a Dutch scientist found in a university research project together with Ford.

EMC to acquire Indian security software company (InfoWorld via Yahoo! News) - EMC has signed a definitive agreement to acquire Valyd Software, a Hyderabad, India, vendor of software for securing enterprise data. EMC did not disclose the sum it will pay for Valyd, a privately held company.

Ultimate Software Sees 2007 Growth (AP via Yahoo! Finance) - Ultimate Software Group Inc., which offers Web-based payroll and employee management software, on Wednesday forecast sharply higher per-share earnings in 2007.

Ultimate Software 4Q Earnings Flat (AP via Yahoo! Finance) - Ultimate Software Group Inc., which offers Web-based payroll and employee management software, on Wednesday posted virtually flat fourth-quarter profit, as higher costs offset revenue growth.

Indian software maker Satyam launches development center in East China (Associated Press via Yahoo! India News) - Satyam Computer Services Ltd., India's fourth-largest software company, on Thursday began construction of a major development center, its largest outside India and first in China.

India's Satyam opens new software centre in China (Reuters via Yahoo! Asia News) - MUMBAI, Feb 8 (Reuters) - Satyam Computer Services Ltd. , India's fourth-biggest software services exporter, said on Thursday it would open a new software development centre in China as it ramps up operations in the fast-growing market.

Disney rises; EMC plans partial sale of software unit (Market Watch) - SAN FRANCISCO (MarketWatch) -- Shares of Walt Disney Co. rose nearly 2% in late trading Wednesday after the entertainment giant's quarterly earnings beat Wall Street's outlook, while EMC Corp. surged following plans to sell a portion of a software unit through an initial public offering.

SKY MobileMedia Announces Pre-Integrated Ultra Low-Cost SKY-MAP Software Solution for Texas Instruments 'LoCosto' GSM ... (FinanzNachrichten) - SKY MobileMedia, Inc., a leading provider of application software solutions for the wireless industry and part of Texas Instruments ( Nachrichten / Aktienkurs ) Incorporated (TI) Application Suite Ecosystem, today announced pre-integration of the SKY-MAP TM Mobile Applications Software Platform with TI ' s “ LoCosto †TCS2300 GSM single chip for ultra low-cost (ULC) handsets.

Satyam launches largest software development facility in China (The Hindu) - NANJING (China): Global consulting and information technology giant Satyam Computer Services on Thursday announced plans to set up its largest software development facility in Nanjing, capital of east China's Jiangsu province.