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Cisco has agreed to buy BroadSoft for about US$1.9bn to expand further into software and cloud services. The $55/share cash offer announced Monday is a 28% premium over BroadSoft’s closing price on 29 August, a day before

China’s Meituan Dianping just became the world’s fourth most valuable start-up, reaching a US$30bn valuation that puts it ahead of high-fliers like Airbnb and Space X. Never heard of Meituan? You’re not alone. The Beijing-based

After more than five years of declining sales, IBM says it will finally show investors it can grow again. Wall Street cheered, sending the shares up the most in more than eight years. Some of that sales boost will come from one of