Sector Update: Technology

By
A A A

Technology shares are higher pre-bell although IBM ( IBM ) has lost early gains in pre-market trade after the company said it has acquired The Now Factory, a privately held provider of analytics software that helps communications service providers (CSPs) deliver better customer experiences and drive new revenue opportunities. The company is headquartered in Dublin, Ireland. The Now Factory will become part of IBM's Software Group.

And, Microsoft's Windows ( MSFT ) platform now claims 9.2% share in the smartphone operating system ( OS ) market in key European markets, Reuters reports. The increase is driven by Nokia's low and mid-range models, Reuters says, citing market research firm Kantar.

The Windows Phone platform reached a market share of over 10% for the first time in France and Britain, with 10.8% and 12% respectively. Nokia, which is selling its mobile phone handset business to Microsoft, has seen its ADRs up more than 2% and near 52 week highs pre-market; MSFT is up 0.5%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: IBM , MSFT , OS

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

183,639,073
  • $42.32 ▲ 3.85%
82,623,623
  • $15.99 ▼ 22.79%
39,627,940
  • $119 ▲ 1.19%
32,107,751
  • $77.62 ▲ 2.63%
29,684,848
  • $10.60 ▲ 2.02%
27,615,309
  • $24.03 ▲ 0.38%
26,917,669
  • $31.10 ▲ 2.07%
26,464,306
  • $47.75 ▲ 0.59%
As of 11/26/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com