Channel markets

BMC Software, backed by private equity parent KKR, acquires mainframe application software provider Compuware from Thoma Bravo. Rumored price: Perhaps $2B.

Cisco Systems confirms layoffs as networking giant continues push beyond hardware toward cloud software, subscription services, security & SMB partnerships.

Is Nokia exploring company sale or asset sales? Conflicting M&A reports surface as Nokia battles rivals Ericsson & Huawei in 5G wireless network market.

Salesforce co-CEO Keith Block steps down & hints he may leave cloud CRM software giant. Marc Benioff now solo CEO of Salesforce.

Intuit acquires Credit Karma. Small business owners, entrepreneurs and consumers gain more personal finance, credit & wealth building software tools.

Indian IT outsourcing & consulting giant Wipro acquires Rational Interaction, a Seattle-based full-service digital customer experience (CX) company, for $52 million.

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