Monday's Tech Winners & Losers

Even though the broader technology market stumbled out of the gate, there were a number of tech names heading higher Monday.

Inforte(INFT Quote) jumped 29% after the software company agreed to be acquired by Business & Decision Group for $50 million. The all-cash deal represents a 33% premium to Friday's closing price of $3.20. "This transaction benefits our customers, employees and shareholders," said Inforte. "Business & Decision is at the forefront of business intelligence and CRM solutions and this makes it an ideal partner for Inforte, which is known as a best-in-class provider of SAP business intelligence and visionary CRM solutions." The deal is expected to close in about 90 days. Shares of Inforte were recently trading up 93 cents to $4.13.

Elsewhere, Canadian Solar(CSIQ Quote) jumped 13% after the company posted a narrowed first-quarter loss and said that second-quarter revenue would top Wall Street's forecasts. The company reported a loss of $3.9 million, or 14 cents a share, on revenue of $17.5 million. Analysts polled by Thomson Financial expected a loss of 12 cents a share on revenue of $17.6 million. During the year-earlier quarter, the company posted a loss of $7.1 million, or $0.46 a share, on revenue of $8.8 million. ...