Posts Tagged ‘Software’

Software glitch can cause iPhones to crash

May 28th, 2015

A newly-discovered glitch in Apple’s software can cause iPhones to mysteriously shut down when they receive a certain text message.

Apple says it’s aware of the problem and is working on a fix. But some pranksters are sharing information about the glitch on social media and using it to crash other peoples’ phones.

The problem only occurs when the iPhone receives a message with a specific string of characters, including some Arabic characters, according to several tech blogs. When an iPhone isn’t being used, it typically shows a shortened version of the message on the phone’s lock screen. That shortened combination of characters apparently triggers the crash.

Affected phones will restart automatically. Owners can prevent the problem by using phone settings to turn off the message “previews” feature.

Source:http://www.seattletimes.com/business/software-glitch-can-cause-iphones-to-crash/

CA Technologies (CA) to Acquire Rally Software (RALY) in ~$480M Deal

May 28th, 2015

CA Technologies (NASDAQ: CA) announced it has signed a definitive agreement to acquire Rally Software Development Corp. (NYSE: RALY), a leading provider of Agile development software and services, for $19.50 per share, which equates to approximately $480 million, net of cash acquired. The transaction has been unanimously approved by both Boards of Directors, and is expected to close in the second quarter of CA’s fiscal 2016. Based in Boulder, CO, Rally has approximately 500 employees across four continents and FY 2015 sales of $88 million.

“Software applications are changing the world, disrupting established business models and bringing in completely new experiences in areas from travel to banking. In order to compete, businesses need to develop high quality software quickly and reliably,” said Mike Gregoire, Chief Executive Officer, CA Technologies. “Rally is a leading provider of Agile development software and services, with offerings that complement and expand CA’s strengths in the areas of DevOps and Management Cloud. Every developer dreams of creating truly transformative software that responds to a business challenge extremely quickly. Joining forces with Rally makes this dream a possibility for millions of developers worldwide, and in turn opens up the possibility of a whole new range of experiences driven by software. At the end of the day, this deal is about enabling speed and flexibility, about how we can make the most demanding enterprises truly agile.”

With users in more than 135 countries and nearly every industry, Rally works with some of the world’s largest and most respected brands, including over 35 of the Fortune 100. These customers depend on Rally’s award-winning, cloud-based Agile development platform and the industry’s most experienced transformation consultants and Agile coaches.

The acquisition of Rally is a significant milestone in CA’s strategy to help customers thrive in the application economy, in which software applications are ubiquitous – driving every facet of business in every part of the world.

Tim Miller, Rally’s Chairman and Chief Executive Officer added, “In a world driven by software, the powerful combination of Rally and CA will help our combined customers to better navigate changing markets, improve performance and deliver value faster – while accelerating the pace of disruption and developing a competitive advantage through technology. CA and Rally have more than four years of history working together, and we are thrilled to be taking this next step in our relationship to deliver unique value to both CA and Rally customers.”

Leading industry analysts firms like Forrester1 and IDC say that the Agile methodology is a major trend in developing software.

According to Forrester, sixty-nine percent of respondents out of 560 surveyed decision-makers of the annual Forrester Forrsights Software Survey1 have interest, plan to implement, or have already implemented Agile for their custom development. Sixty-three percent of respondents of the same survey answered similarly for packaged software development and maintenance.

Market intelligence firm IDC expects strong growth for Agile ALM software. In an analysis2 of the Agile application life-cycle management market, it reports that worldwide Agile application life-cycle management software revenue in 2012 reached $211.9 million, and, with a forecasted compound annual growth rate of 39%, will reach $1.1 billion by 2017.

1Forrester Research, Inc., 2014 Market Overview: Agile Development Service Providers, December 2014

2 IDC’s Worldwide Agile Application Life-Cycle Management Software 2014–2017 Forecast and 2012 Vendor Shares: Quick Access Drives Adoption and Business Agility, May 2014.

Source:http://www.streetinsider.com/Corporate+News/CA+Technologies+%28CA%29+to+Acquire+Rally+Software+%28RALY%29+in+~$480M+Deal/10600770.html

CyberTech Systems and Software Ltd Board recommends dividend of Rs. 1 for 2014-15

May 28th, 2015

The Board of Directors of CyberTech Systems and Software Ltd at its meeting held on May 26, 2015, has approved and recommended a dividend of Re 1/- (10%) per Equity shares of Rs. 10/- each, subject to the approval of shareholders in the ensuing Annual General Meeting.

The Board has approved the re-appointment of Mr. Ramasubramanian Sankaran as an Executive Director for a further period of three years with effect from August 04, 2015, subject to the confirmation by the members of the Company.

The Board has granted 2,00,000 Equity Shares @ Rs. 34.15 per Equity Share to Mr. Ramasubramanian Sankaran, Executive Director, under the ESOP Scheme of the Company.

The Board has approved the appointment of M/s Desai and Associates as Internal Auditor for FY 2015-16.

Shares of CYBERTECH SYSTEMS AND SOFTWARE LTD. was last trading in BSE at Rs.32.55 as compared to the previous close of Rs. 33.5. The total number of shares traded during the day was 1677 in over 17 trades.

The stock hit an intraday high of Rs. 33.45 and intraday low of 32.2. The net turnover during the day was Rs. 54976.

Source:http://www.equitybulls.com/admin/news2006/news_det.asp?id=160747

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