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Sageworks Blog

Jun21

Business booming for IT providers

Facebook’s (NYSE:FB) troubled initial public offering, as well as cautious financial outlooks by tech giants Dell (NASDAQ:DELL) and Cisco (NASDAQ:CSCO) in recent weeks have some traders of technology stocks worrying that the tech boom may be over. But at least for privately held companies involved in computer systems design and related services, business remains strong, according to recent sales and profit margin data from Sageworks Inc., a financial information company. [More]

Nov17

Forbes: Buffett's IBM buy highlights tech companies' gains

Warren Buffett's revelation of a $10.7 billion stake in IBM this week has put the spotlight on publicly traded tech companies this year. Privately held companies involved in computer systems design and related services, too, are apparently benefiting from this increased emphasis by businesses, according to Sageworks Inc. [More]