MUNICH : Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that it continues to support private equity firm Silver Lake Management's offer to buy the company. The foundation's management is 'convinced that Silver Lake is the right long-term p
MUNICH : Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that it continues to support private equity firm Silver Lake Management's offer to buy the company.
The foundation's management is"convinced that Silver Lake is the right long-term partner" for Software AG, it said in a statement, adding that it would only support Silver Lake's activities to develop the business of Software AG.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Banned Botswana runner Amos says selling 'famous' Olympic silver medalNijel Amos said he is selling Botswana's first Olympic medal, his 800m silver from the 2012 London Games, to help support his family after he received a three-year doping ban last week. The Athletics Integrity Unit said it banned Amos for three years on May 3 after an out-of-competition test detected a ba
Read more »
Athletics: Soh Rui Yong clinches silver in SEA Games men’s 10,000mPHNOM PENH: Runner Soh Rui Yong clinched a silver in the Southeast Asian Games' men’s 10,000m race at the Morodok Techo National Stadium on Thursday (May 11). The Singaporean finished behind Indonesia’s Rikki Marthin Luther Simbolon to take his first medal of the Games. He is Singapore's nati
Read more »
Canada's Absolute Software to be bought by Crosspoint Capital for $657 millionCanadian cybersecurity company Absolute Software said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million.Private equity firms have looked to add cybersecurity companies to their portfolios as the sector is considered to be resilient to an economic downturn.
Read more »
Volkswagen CFO: Next-generation software platform to come towards 2027, 2028BERLIN : Volkswagen software unit Cariad will likely bring its next generation 2.0 platform to market towards 2027 or 2028, its chief financial officer said at a Financial Times conference on Thursday.The software would enable so-called Level 4 autonomous driving and was due to be implemented across the f
Read more »
SEA Games 2023: Soh Rui Yong wins silver in 10,000mPHNOM PENH – Marathon man Soh Rui Yong proved he could be just as nifty over a quarter of that distance when he won a silver medal in the men’s 10,000m on Thursday. At the Morodok Techo National Stadium, the 31-year-old clocked 31min 10.70sec in his first 10,000m race...
Read more »
Australia's TechnologyOne confirms no impact on customer platforms from cyber attackSoftware maker TechnologyOne Ltd said on Friday that its customer facing software-as-a-service platform was not connected to the internal back-office system that came under cyber attack.
Read more »