Tech Notes: Microsoft, SAP & Salesforce.com
Last week wasn’t particularly good for the tech sector with almost all tech stocks like Microsoft (NASDAQ:MSFT) and Salesforce.com (NYSE:CRM) trading relatively flat, and SAP (NYSE:SAP) down 3% following the acquisition of SuccessFactors. Here are some major developments related to these stocks.
Microsoft
Microsoft announced that it is working on the next version of the Kinect add-on for the Xbox 360, and also announced that it sold nearly a million Xbox 360 consoles and close to 750,000 Kinect units in the week surrounding Black Friday. It also launched the biggest update to Xbox Live, bringing Live TV, movies, TV shows, music and other streaming content to the online gaming network. It also rolled out a major upgrade for Office 365, and may launch Office apps for iOS. It also unveiled the Windows 8 App Store, its online application marketplace for apps and games for Windows 8.
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Check out our complete analysis of Microsoft
SAP
SAP acquired SuccessFactors, a leading provider of cloud based HR (human resource management) solutions. Its technology will be integrated with SAP’s Business ByDesign ERP suite, adding cloud services and tools which help companies manage employee performance, goals, objectives, compensation etc.
Check out our complete analysis of SAP
Salesforce.com
Salesforce.com unveiled the new Radian6 Social Marketing Cloud, which enables companies to monitor their presence on social networks like Facebook and Twitter and leverage social media to interact and engage with their customers and offers data analytics tools to create intelligent marketing campaigns.
It also announced support for enterprise mobile apps for AppExchange, its marketplace for cloud apps. AppExchange will now host iOS, Android, and HTML5 web apps optimized for mobile.