M2M Holdings announced it has signed a definitive agreement to acquire KNOVA Software, a provider of intelligent customer experience applications, in an all-cash transaction valued at $5.00 per share, or approximately $47 million.

Intuit and Electronic Clearing House have signed a definitive agreement for Intuit to acquire ECHO. Under the terms of the agreement, Intuit will pay $18.75 per share in cash in exchange for each share of ECHO common stock, including shares issuable upon exercise of options. The total purchase price is approximately $142 million on a fully-diluted basis.

Westbury announced that it has extended its solution portfolio solutions to integrate with Service Desk version 5.1. The new solutions allow customers running Service Desk software to optimize their service management environment.

Numara Software announced its capabilities and support for customers planning to introduce the new Microsoft Vista operating system to their IT environments. The company's products, which audit and track IT assets, are able to detect compatibility and determine readiness of hardware and software for the new OS.

The City of Tampa's Solid Waste Department has implemented the hosted version of Cincom Systems' Synchrony to improve customer service to its 80,000 residential and commercial customers.

Embarcadero Technologies announced that the Company, EMB Holding Corp. and EMBT Merger Corp. have agreed mutually to terminate their pending merger agreement. Under the terms of a Termination and Mutual Release Agreement, dated December 16, 2006, the parties have agreed to release any and all claims they may have against each other and that no termination fee would be paid by either party.

Cobweb Solution has chosen a new storage solution from EMC and MTI to support delivery of its managed services to customers on a 24x7 basis, while meeting fast growing customer demand and capacity requirements.

Convergys announced a 5-year managed services contract renewal with SunCom Wirelessto continue managing SunCom's billing operations.

Salesforce.com announced that the wealth management department of a large international bank standardized on salesforce.com to be the business web desktop for their relationship managers. The department is projected to receive an annual return on investment of 112% in a payback period of only 1.75 years, according to Nucleus Research.

eOn reported profitable first quarter fiscal 2007 results. Net income for the quarter was $40,000, or less than $0.01 per common share, compared to net income of $505,000, or $0.04 per common share in the quarter ended October 31, 2005.