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Boston-based software company acquires Madison’s Widen | Business News







Widen is located at 6911 Mangrove Lane in Monona.




A content management company with Wisconsin roots dating back to 1948 is soon to be acquired by a Boston-based software firm.

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Acquia announced Wednesday its plans to buy Madison-based Widen for an undisclosed amount of money, Widen vice president of marketing Jake Athey said. He said the firm anticipates it will close on the sale within the month.

What that means for Widen’s 135 employees, 110 of those in the Dane County area

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USPS software underpaid trucking firm Postal Fleet Services $110 million and led to massive layoffs, company claims

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Support.com shares soar another 38% as meme traders pile into the heavily shorted software company

The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021.

Dado Ruvic | Reuters

Shares of Support.com extended their massive GameStop-style rally as Reddit-obsessed retail investors zoned in on the heavily shorted software name.

The stock of the provider of technical support surged 38.2% on Monday to $36.39 apiece, posting its eighth straight day of gains. Shares have skyrocketed 347% during the eight-day winning streak as Reddit traders flocked into the little-known small-cap stock.

Nearly 60% of Support.com’s float shares are currently sold short, according to

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Alphabet Announces Intrinsic Robot Software Company

Google‘s parent company Alphabet has announced the launch of a new company focused on developing software for robots.

Named “Intrinsic,” the new firm comes after years of work within Alphabet’s subsidiary X, a “moonshot factory” functioning mainly as an incubator for innovative and entrepreneurial ideas by together talents from all across the tech industry. Other similar companies that came out of X include Waymo, Wing, and both Google Glass and Watch.

“Over the last few years, our team has been exploring how to give industrial robots the ability to sense, learn, and automatically make adjustments as they’re completing tasks, so

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US fines software company SAP $8M over Iran sanctions

U.S. prosecutors said Thursday that software giant SAP will have to pay $8 million in penalties in acknowledging allegations that it illegally exported its products to Iran

The U.S. said the German company would have faced stiffer penalties had it not voluntarily disclosed the activities that violated American sanctions

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US prosecutors fine German software company for violating sanctions against Iran

Federal prosecutors have imposed a fine on a German software company for violating sanctions against Iran.

Software giant SAP SE agreed to pay over $8 million as part of the resolution with the Department of Justice, Commerce Department and Treasury Department, authorities said Thursday.

The company admitted to “thousands” of violations of the Export Administration Regulations and Iranian Transactions and Sanctions Regulations.

Between 2010 and 2017, SAP and its overseas partners released U.S.-origin software, including upgrades and software patches, over 20,000 times to users in Iran. 

The majority of the Iranian downloads went to 14 companies that SAP’s international

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