Saturday, May 15, 2021

PE firm Insight Partners invests $290M for a majority stake in CivicPlus, which provides software and other technology to more than 4,000 municipal governments (AJ Dome/Manhattan Mercury)

AJ Dome / Manhattan Mercury:
PE firm Insight Partners invests $290M for a majority stake in CivicPlus, which provides software and other technology to more than 4,000 municipal governments  —  A Manhattan software business owner says a multimillion-dollar investment into the company will not change the company's makeup.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...