German enterprise software developer SAP this week released results for the first quarter ended March 31, reporting a 247 percent growth of its business in Puerto Rico and the Caribbean, attributed directly to booming technology adoption by small and mid-sized businesses.

Telecommunications service provider Claro may be close to approaching the finish line on a more than three-year race to obtain franchise rights to launch islandwide cable television services in Puerto Rico, News is my Business learned Thursday.

Less than five months after acquiring storage solutions and data management developer Compellent Technologies for $960 million, Dell announced Wednesday the formal launching of Dell Compellent, a new service division in Puerto Rico.