Thursday, October 23, 2014

Software and IT Partner News

By SuperUser Account on 1/3/2011 10:00 AM

BY ANDREW ROSS SORKIN AND EVELYN M. RUSLI

Zuckerberg
Tony Avelar/Bloomberg News
The deal could double the personal fortune of Mark Zuckerberg,Facebook’s co-founder.

Facebook, the popular social networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction.

The deal makes Facebook now worth more than companies likeeBayYahoo and Time Warner.

The stake by Goldman Sachs, considered one of Wall Street’s savviest investors, signals the increasing might of Facebook, which has already been bearing down on giants like Google.

The new money will give Facebook more firepower to steal away valuable employees, develop new products and possibly pursue acquisitions — all without being a publicly traded company. The investment may also allow earlier shareholders, including Facebook employees, to cash out at least some of their stakes.

The new investment comes as the Securities and Exchange Commission has begun an inquiry into the increasingly hot private market for shares in Internet companies, including Facebook, Twitter, the gaming site Zynga and LinkedIn, an online professional networking site. Some experts suggest the inquiry is focused on whether certain companies are improperly using the private market to get around public disclosure requirements.

Featured Microsoft Partners

 

EthoTech, Inc. 
Office Location:  Woodstock, Georgia, United States
Type:  ISV
Industry Focus:  Cross-industry


EthoTech has been recognized by the Microsoft Dynamics GP Community as THE Commission Experts and is the leader in automated commission management systems.

 

 

Mi-Co 
Office Location:  Durham, North Carolina, United States
Type:  ISV,Systems Integrator,Other
Industry Focus:  Healthcare, Government, Field Services, Financial, Insurance, Construction


Mi-Co, a leading provider of mobile data collection solutions, provides software to automate paper forms-based business processes for organizations. Mi-Corporations Mi-Forms Enterprise Mobility solution empowers field personal to enter any data, anywhere with the industry's most flexible e-forms designer.

 

 

Congruent Software Inc. 
Office Location:  Bellevue, Washington, United States
Type:  Systems Integrator,VAR,Other
Industry Focus:  IT consulting services


Congruent, a Microsoft gold certified partner is a Global IT Services company which specializes in providing outsourced software development and systems integration services to ISVs and Fortune 500 companies alike. Being the single source for all your business technology needs, Congruent is headquartered at Seattle, Washington with its offshore development center based at Chennai, India.

 

 

Syvantis Technologies, Inc. 
Office Location:  Baxter, Minnesota, United States
Type:  Reseller,VAR
Industry Focus:  Financial Services, Nonprofits, Government, Medical (as a back-end to medical billing), retail (as a back-end to POS system), Distributors, Wholesalers, E-Commerce, Retail, Light Assembly, Professional Services, Consulting, Custom Job Manufacturers, etc.


Syvantis Technologies. is a Microsoft Certified Silver Partner specializing in Microsoft Dynamics GP. GP (formerly Great Plains) helps your organization to increase its financial transparency with integrated systems, shared data, and drill-down capabilities so that transactions and audit trails are easily managed.

 

 

Channeltivity 
Office Location:  Charlotte, , United States
Type:  Other
Industry Focus: 


Channeltivity is the world's most user-friendly Partner Relationship Management (PRM) SaaS solution for global companies. We make channel management easy.

 

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