Cloud Tech Firm Opower Goes Public to Raise $116M

Cloud energy management software provider Opower raised $115.9 million in its initial public offering Friday on the New York Stock ExchangeLargest stock exchange in the U.S., the Washington Post reported Friday. Steven Overly writes that Arlington, Va.-based Opower’s shares climed 21 percent to $23 on the company’s first day of trading. Goldman Sachs and Morgan Stanley served as book-running...

Northrop Wins $100M to Help Maintain Air Force Info Environment

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Northrop Grumman (NYSE: NOC) has won a potential five-year, $98 million contract to help operate and maintain a software system the U.S. Air Force uses to collaborate and share information. The Air Force Life Cycle Management Center at Offutt Air Force Base, Neb. received four offers for the indefinite-delivery/indefinite-quantity, cost-plus-incentive-fee contract, the Defense Department said Wednesday. According...

Intel to Market Cloudera’s Big Data Analytics Offering; Jason Waxman Comments

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Intel (NASDAQ: INTC) has invested an undisclosed sum in startup company Cloudera and will market the latter firm’s big data analytics software, the Wall Street Journal reported Friday. Don Clark and Deborah Gage write that Intel intends for the investment to help Cloudera further its Hadoop offering. “We are making the biggest data-center equity investment we have ever made,” said...

Matt Wolken: Dell Seeks Analytics Portfolio Growth With StatSoft Purchase

Dell has bought predictive analytics software developer StatSoft for an undisclosed amount as part of efforts to grow Dell’s enterprise data management offerings. StatSoft’s products are designed to help enterprises predict business trends, manage operational systems and visualize big data on premise or in the cloud, Dell said Monday. Matt Wolken, vice president and general manager of information...

Lynelle Cameron: New Autodesk Venture to Back Cause-Based Design Orgs

Autodesk (NASDAQ: ADSK) has launched a philanthropic venture to invest in design-focused nonprofit groups that work to address social issues in education, healthcare, transportation and energy management. The Autodesk Foundation will offer financial, software and training support to groups through its Impact Design Program, the company said Tuesday. Lynelle Cameron, Autodesk senior director of sustainability,...

Marilyn Crouther: HP to Help Run DoD’s Manpower Data Center for $548M

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Marilyn Crouther HP Enterprise Services (NYSE: HPQ) will help operate the Defense Department‘s global technology infrastructure under a potential five-year, $548 million task order. The company will provide technology and integration services for the Defense Manpower Data Center to update and maintain its hardware and software systems, HP said Wednesday. Marilyn Crouther, senior vice president...

Cubic Acquires Software, Gaming Firm Intific; Dave Schmitz Comments

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Cubic Corp.  (NYSE: CUB) has acquired Intific Inc. for an undisclosed amount in a move aimed at extending the company’s reach into the cybersecurity, game-based service and transportation training markets. Intific will operate within the Cubic Defense Systems business unit, Cubic said Monday. Dave Schmitz Dave Schmitz, president of Cubic Defense Systems, said the company intends to absorb Intific’s...

John Mulholland: Boeing Tests CST-100 Vehicle Adapter, Emergency Detection System

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Boeing (NYSE: BA) has concluded a series of software and hardware reviews for the company’s crew transport spacecraft under NASA’s requirements. The company completed the wind tunnel tests for the launch vehicle adapter that works to connect the Crew Space Transportation-100 spacecraft to a United Launch Alliance-built Atlas V rocket, Boeing said Thursday. The Atlas V rocket also passed the review...

Satya Nadella Unveiled as Microsoft CEO, John Thompson to Chair Board of Directors

Satya Nadella, executive vice president of Microsoft’s (NASDAQ: MSFT) cloud and enterprise group, has been appointed to succeed the retiring Steve Ballmer as CEO of the software maker. Nadella joined the company in 1992 and led its transition to a cloud computing environment along with other strategy and technical shifts, Microsoft said Tuesday. “The opportunity ahead for Microsoft is vast,...

Social Security Administration Wants Information on Private Cloud

The Social Security Administration has issued a request for information on private cloud software packages as it seeks to automate processes, FCW reported Wednesday. Frank Konkel writes interested vendors are asked to submit data on product compliance such as a web-based portal, unified service catalog, performance monitoring, virtual machine life-cycle management, multitenancy, capacity planning and...

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