News Byte

IBM Boosts Big-Data Offerings With Vivisimo Acquisition

IBM said today that it has reached a deal to acquire Vivisimo, a Pittsburgh-based provider of data-capture and discovery software. Financial terms were not disclosed. Vivisimo has about 120 employees, and its customers include Cisco Systems, Eli Lilly and the U.S. Air Force. This is IBM’s second acquisition this month, and its fifth so far this year.

Twitter Kicks Off Its Super Bowl Site, Using Visa's Money

Twitter + big TV events are a natural combination, and one that Twitter has been playing up as it sells itself to advertisers.

Google, Yahoo Going Shopping Again

Remember the good old days of the last Web boom, when start-ups sold to Google and Yahoo instead of going public? They’re back!
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Every Start-Up Is Somebody in New Mexico

Finding it difficult to land VC money for your new start-up? Here’s a bit of advice: Move to New Mexico or Pittsburgh, where venture funding is just surging. According to data released today by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Financial, VC investment in New Mexico is up an astonishing 375% from a decade ago, the number of start-ups up 600 percent. Equally as impressive is Pittsburgh, where VC investment is up 513 percent and the number of start-ups is up 267 percent.