Tuesday, July 2, 2019

Sources: PE firm KKR acquires Canadian software company Corel, which bought virtualization software company Parallels in Dec., in a deal reportedly worth $1B+ (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Sources: PE firm KKR acquires Canadian software company Corel, which bought virtualization software company Parallels in Dec., in a deal reportedly worth $1B+  —  Only six months after snapping up virtualization specialist Parallels, Canadian software company Corel is itself getting acquired.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...