Relaxnews Business software maker SAP SE introduced the most significant update to its database software in five years, including new tools for analyzing streams of data created by smart sensors and a lightweight free version for developers to test. Hana 2, the second major release of SAP’s main database software since its wide release in 2011, includes tools for …

  Bloomberg Broadcom Ltd., whose chips are used in Apple Inc.’s iPhone and TV set- top boxes, agreed to buy Brocade Communications Systems Inc. for $5.9 billion including debt to capitalize on booming demand for cloud computing and the data centers that deliver it. Broadcom is acquiring Brocade for technology that links computer-storage systems and allows the fast transfer of …

  ABU DHABI / WAM The Ministry of Economy signed on Monday a memorandum of understanding (MoU) with the Hong Kong Trade Development Council (HKTDC) to promote trade, investment, innovation and enhancement of business environment. The deal was signed by Abdullah Al Saleh, Under-Secretary of the Ministry for Trade Affairs and Industry, and Margaret Fong, Executive Director of HKTDC. The …