Virtustream Will Form EMC’s Managed Cloud Services Business; A Key Enabler For EMC Federation to Deliver Industry’s Most Comprehensive Hybrid Cloud Portfolio News Summary: EMC to acquire Virtustream (all references to EMC refer to the EMC Federation of businesses) Fast-rising Virtustream to form EMC’s new managed cloud services
President Scott Coons retires, Reynolds Bish named new President Lexmark International, Inc. today announced that it has closed on its acquisition of Kofax Limited. Lexmark acquired Kofax in a cash transaction for $11.00 per share, for a total enterprise value of approximately $1 billion. This acquisition
Company Makes Progress in Strategic Shift to SaaS Model; Mobile Offerings Show Accelerating Traction Top Image Systems, Ltd. (NASDAQ:TISA) today announced its financial results for the first quarter ended March 31, 2015. First Quarter 2015 Highlights include: Revenues of $8.3 million, a 3% increase over Q1 2014;Recurring revenues
Financing round was led by Brookside Capital and Bain Capital Ventures DocuSign Inc. (DocuSign®) announced it has raised an additional $233 million in its latest round of financing to fuel continued growth and worldwide expansion. The financing round was led by Brookside Capital and Bain Capital
Achieves Revenue and EPS Above Guidance Ranges; Delivers 38% Operating Cash Flow Growth and 26% Deferred Revenue Growth Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its second quarter fiscal 2015, ended March 31, 2015. In the second quarter of fiscal 2015, Nuance reported GAAP
Revenue up 26.% year-over-year Highlights Record quarterly revenue of $5.7 million, up 26.5% year-over-year Achieved third consecutive profitable quarter Mobile Deposit® grew to 3,705 financial institutions now signed, 3,181 live Granted 21st patent, 9th for Mobile Deposit® Mitek (NASDAQ: MITK) today announced its financial results for the second quarter of fiscal
Represents a premium of 33% to the closing price of Recall shares Recall Holdings Limited (ASX:REC) ("Recall") today announced that it has reached an agreement in principle with Iron Mountain Incorporated (NYSE: IRM) ("Iron Mountain") to be acquired by way of a recommended court approved Scheme of
Misses on Revenue and EPS forecast Highlights Recurring revenue was $383.6 million, up 4%; in constant currency*, up 10% Cloud services revenue was $143.8 million, up 12%; in constant currency, up 17% Record operating cash flow of $143.1 million and raises quarterly dividend to $0.20 Total revenue was $447.6 million,
Revenue and EPS at top of January guidance range First Quarter Highlights Delivered revenue and EPS at top of January guidance range Combined Enterprise Software and MPS revenue grew 13 percent year to year Annuity revenue grew 5 percent year to year, comprised 70 percent of Core revenue Annualized subscription
Document Technology business was down 10 percent First-Quarter 2015 Summary: GAAP EPS from continuing operations of 16 cents Adjusted EPS of 21 cents Revenue of $4.5 billion, 56 percent from Services Operating margin of 7.6 percent, down 1.1 percentage points year-over-year Cash flow from operations of $113 million Share repurchase of $216