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Chilean human resources software provider PayRoll has become the first company in the country to operate under the Statement on Standards for Attestation Engagements (SSAE) No 16, PayRoll said in a statement.
SSAE 16 replaces SAS 70 and provides guidance for service auditors reporting on controls at a service organization and user auditors auditing the financial statements of a user entity.
Operating under this standard is essential for clients governed by US securities regulator SEC or for companies that issue shares on the US stock market. It is also required for companies regulated by Chilean banking association ABIF, PayRoll said.
US chip manufacturer Intel (NYSE: INTC) and Brazilian NGO Instituto Crescer have launched a portal to encourage use of computers in classrooms and to create 1:1 computing environments, the NGO said in its website.
The portal will offer the opportunity to share experiences that reveal the advantages, consequences and benefits of adopting the concept of a computer per student in teaching and learning.
Instituto Crescer, created in 2000, focuses on projects for social, environmental and digital development. The ONG has partnership agreements with several entities, including Microsoft, Vale, Odebrecht Óleo & Gás, Instituto Votorantim, Votorantim Metais, Conselho Britânico and EDP Energias do Brasil.
Brazilian IT services provider Exceda has been recognized as the IT company with the fifth highest turnover in the country, according to Brazil's Anuário Informática Hoje 2011, Exceda said in a release.
Exceda has also been ranked 24th in the integration ranking, out of a total of 40 companies.
Founded in 2002, Exceda's customers include Embraer, Carrefour and AmBev. It is the exclusive partner in Brazil of US content delivery service provider Akamai (Nasdaq: AKAM).
Oracle (Nasdaq: ORCL) has entered into an agreement to acquire cloud-based customer service provider RightNow Technologies for US$43.00 a share, or some US$1.5bn, Oracle said in a statement.
RightNow Technologies' board of directors unanimously approved the transaction. The transaction is expected to close by late 2011 or early 2012, subject to RightNow stockholder approval, certain regulatory approval and customary closing conditions.
RightNow's Customer Service Cloud helps organizations deliver customer experiences across call centers, the web and social networks.