Technology Sector Update: February 17, 2011

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Technology shares are higher in mid-day trading while Autodesk (ADSK) shares decline after it announced that it has entered into a definitive agreement to acquire Blue Ridge Numerics, a leading provider of simulation software, for approximately $39 million in cash. Meanwhile, shares of Apple (AAPL) are lower as technology blogs stake out California cancer treatment centers on the lookout for CEO Steve Jobs. There is no company-issued news this morning.

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