Following slow start of the year, tech companies began to come to life. As Palo Alto Networks, Splunk and Salesforce.com brought Nasdaq to soar 2% in the last five trading days.
Splunk Inc
Breaking News
Today, Splunk Inc. announced entering into a definitive agreement to acquire BugSense Inc, a leading analytics solution provider for machine data generated by mobile devices.
General Electric Co (GE.N) could invest up to $1.5 billion to boost its presence in the software and data-analytics sector, including spending on hiring and small takeovers, a top executive said.
Splunk Inc's impressive debut on Nasdaq Thursday, where it doubled its $17 initial public offering price, has investors suddenly paying attention to a sector that has grown in relative obscurity: big data.
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