The search giant is trying to lure enterprises away form Microsoft's productivity suite.
A new survey appears to support the cost-saving case for businesses to shift from check to ACH and other forms of electronic payment.
The deal represents a 37% premium to the closing price of PMC's stock on Monday.
Juggling of products and services segments is designed to emphasize the company's mobile and cloud businesses.
A new report finds the Internet is still only available to 35% of people in developing countries and the access growth rate is slowing.
The company expects to save about $2.7 billion, mostly by cutting jobs in the HP Enterprise business.
Office is now more of platform than a product as Microsoft adapts it to work across desktops and devices.
IDC survey predicts smart wearables, including watches, will surpass the basic wearable category in 2018.
'We do not yet know the root cause of the failure, but we will be conducting a thorough analysis,' said the bank's CEO.
A Gartner survey says spending on cloud-based programs will lead the way as organizations modernize their applications.