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[A14.] I.B.M. to Buy Rational Software I.B.M. increased its stake in the software business with the purchase of Rational Software for $2.1 billion in cash.
The software business, with sales of $15.8 billion, now accounts for 15percentt of the company's revenue and 37percentt of its pretax profit.
The fate of the Learning Company, once one of the biggest names in the educational software business -- with well-known titles like Reader Rabbit and Carmen Sandiego -- underscores the industry's rapid decline.
Then there was Microsoft, which was putting heat on Palm's software business with its release of the Windows Mobile operating system, which competed with the Palm OS as a platform for handheld manufacturers.
And it's become a software business, with recurring revenue growing more than 80% recently.
For the long term, Microsoft needs to protect its basic software business with competitive online services, or sit back and watch it erode.
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Early hardware startups now often feel like lean software businesses, with much more interactive product development, thus allowing for more rigorous analysis of product-market fit.
He then showed an entrepreneurial bent while studying computer science at the University of Michigan, co-founding an educational-software business with his professor, Elliot Soloway.
Today, the software business (along with many others) has caught up with the vision — and Zuora wants to help customers understand their subscription businesses better.
Subsequently, Oracle has been on an epic acquisition spree, completely changing the competitive landscape of the software business, starting with the Peoplesoft acquisition in 2005.
Meanwhile, Demandware, an enterprise software business, pushed ahead with its plans for a public offering, setting its price target at $12.50 to $14.50 a share, putting it on track to raise about $74 million at the midpoint of the range.
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