Sunday, October 4, 2020

Japanese electronics company NEC says it has agreed to buy Swiss banking software developer Avaloq for $2.2B (Jada Nagumo/Nikkei Asian Review)

Jada Nagumo / Nikkei Asian Review:
Japanese electronics company NEC says it has agreed to buy Swiss banking software developer Avaloq for $2.2B  —  Japanese electronics company will use acquisition to drive growth in sector  —  TOKYO — Japanese electronics giant NEC will purchase Swiss banking software developer Avaloq …



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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...