Title Image

News

Battery Ventures acquires Bluepoint Solutions, merges company with Alogent

Merger Creates a Leading Financial Technology Platform, Serving Tier-1 Banks, Community Banks and Credit Unions Battery Ventures, a global investment firm, has reached an agreement to acquire Bluepoint Solutions, a privately-owned, financial technology company based in Henderson, NV. Bluepoint Solutions will merge with Alogent, another financial

EFI Reports Record Second Quarter Revenue of $246M, Up 21%

Electronics For Imaging, Inc. (Nasdaq:EFII) today announced its results for the second quarter of 2016.  For the quarter ended June 30, 2016, the Company reported record second quarter revenue of $245.7 million, up 21% compared to second quarter 2015 revenue of $202.7 million. GAAP net income

Nuance to Acquire TouchCommerce, Accelerate Growth of Enterprise Business

Expands Nuance Cloud Portfolio with Digital Customer Engagement Solutions and Enhances AI Capabilities Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has signed a definitive agreement to acquire TouchCommerce, a technology partner and leader in digital customer service and engagement solutions. Used by leading enterprises,

Restore increases market presence through acquisition of PHS Data solutions

Restore announces the acquisition of PHS Data Solutions for £83.1m. Following the firm’s acquisition with logistics company Wincanton late last year, Restore is expecting to further consolidate its position in the UK document management sector. With PHS Data Solutions being the second largest provider of document shredding

M&A Activity in Asia Grows, Led by China

Roughly US$110 billion in M&A deals, or 15% of global deal value, involved Chinese buyers.  Article by Donald Grava, President at Versailles Group, Ltd., www.versaillesgroup.com While global M&A activity in Q1 2016 was lower than the record-breaking deal volume witnessed in Q1 2015, one bright spot has emerged amid volatile

IBM Reports 2016 Second-Quarter Earnings

EPS  down 22 percent compared to 2015 period,  net income decreased 24 percent. 8 Jul 2016: Highlights Diluted EPS: GAAP of $2.61; Operating (non-GAAP) of $2.95 Revenue from continuing operations of $20.2 billion Strategic imperatives revenue of $30.7 billion over the last 12 months represents 38 percent of IBM

KYOCERA to Streamline U.S. Management Structure

Will operate their existing businesses as a single enterprise Kyocera International, Inc. today announced a reorganization that will streamline major elements of its U.S. management structure, effective July 1, 2016. The streamlining is intended to reduce costs, enhance efficiencies and eliminate redundant processes. Under the new structure,

Genpact to Acquire Dynamic Workflow Platform Leader PNMsoft

A key step in its Lean Digital strategy to help enterprises run agile, built-to-adapt, digitally-enabled business processes Genpact (NYSE: G), a global leader in digitally-powered business process management and services, announces that it has entered into a definitive agreement to acquire PNMsoft, a Gartner Magic Quadrant-rated