SolidWorks software helps build rinks in a hurry

The News Review:

- SolidWorks software helps build rinks in a hurry
- Teza suspends worker in Goldman-Sachs software probe
- International TechneGroup acquires software firm
- Buying of IT equipment software and services to drop 6% in ‘09
- Quest Software buys $95.9 million in shares

SolidWorks software helps build rinks in a hurry
Boston Globe
com By Chris Reidy Globe Staff Dassault Syst?s SolidWorks Corp. which has offices in Concord said its computer-aided design software can. globebusiness July 7 2009–>.

Teza suspends worker in Goldman-Sachs software probe
Chicago Tribune
Sergey Aleynikov was arrested Friday in. The codes involve “sophisticated mathematical formulas to place automated trades in the market’” and such trades typically generate “many millions of dollars” annually according to an FBI affidavit. Aleynikov started a job July 2 — just days before his arrest — at Teza a start-up firm created by three former executives of hedge fund Citadel Investment Group including Misha Malyshev parto of the company’s team working on “high frequency trading” a computer driven strategy.
Related from Journowiki: The Goldman Sachs Conspiracy Bible (GS)

International TechneGroup acquires software firm
Bizjournals.com
has acquired Israeli software firm. International TechneGroup’s ITI TranscenData made the acquisition July 1.

Buying of IT equipment software and services to drop 6% in ‘09
Purchasing.com
4pt;mso-para-margin:0in;mso-para-margin-bottom:. 0001pt;mso-pagination:widow-orphan;font-size:10. 0pt;font-family:”Times New Roman”;mso-ansi-language:#0400;mso-fareast-language:#0400;mso-bidi-language:#0400;}The purchasing of IT hardware software and services willdecline 6% in 2009 and will grow only 2. 3% in 2010 according to researcher GartnerInc. Worldwide IT buying will total $3. 2 trillion in 2009 downfrom $3. 4 trillion in 2008.

Quest Software buys $95.9 million in shares
CNBC
said Tuesday it bought back $95. 9 million worth of its stock in a Dutch Auction tender offer that expired June 30.

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