Lexmark International, Inc. today announced financial results for the fourth quarter and full year of 2015. "Lexmark had a good fourth quarter. We more than doubled fourth quarter Enterprise Software non-GAAP operating income margin year to year to 24 percent, and delivered full year MPS revenue
from Bloomberg Business, Alex Sherman, Kiel Porter and Brian Womack: Printer maker's hardware unit gets interest from Ricoh, Canon Company looking at split to sell hardware, software separately Lexmark International Inc., the computer-printer maker working with Goldman Sachs Group Inc. to seek strategic alternatives, has attracted first-round bids
Transaction to create $11 billion Document Technology company and $7 billion Business Process Outsourcing company in tax free structure Separation, expected to be complete by end of 2016, will maximize return to shareholders and align with current market dynamics Announces strategic transformation program anticipated to deliver $2.4
Prices paid for lower middle-market targets averaged 9.1 times Ebitda, up from 7.8 in 2014, says GF Data’s Graeme Frazier From Mergers & Acqusitions, a Source Media Publication Soaring valuations in today’s frothy M&A environment have made it difficult for the average private equity firm to win
Nexus Investment Management raised its position in shares of Open Text Co. (NASDAQ:OTEX) by 59.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,850 shares of the company’s stock after buying an additional 15,600
Targets spending $3B over next several years OpenText Corp OTC.TO, one of Canada's most valuable technology companies, plans to roughly double its revenue and cash flows in the next few years largely through acquisitions, its Chief Executive Mark Barrenechea said on Wednesday. "When we look out over
Series focused on improving opportunities for SMB companies New York, NY (PRWEB) November 25, 2015 -- Xamcor, Inc., the leading M&A company focused on the Information Management marketplace announces a new Webinar series focused on the SMB marketplace. The initial Webinar focuses on the Basics of
Expect to continue improvements in financial performance and limproved growth in 2016 and beyond Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its fiscal 2015 and fourth quarter, ended September 30, 2015. Fiscal Fourth Quarter Performance In the fourth quarter of fiscal 2015, Nuance reported GAAP
New software business helps clients make sense of electronic communications to deliver better customer experiences Kodak Alaris recently announced the creation of AI Foundry, a business dedicated to helping organizations process and learn from structured and unstructured data through the use of proprietary Artificial Intelligence (AI)
Experienced operations executive Firas Raouf to lead next phase of company’s growth; Founder Béchara Wakim to become Executive Chairman of the Board Everteam announced today their Board of Directors has appointed Firas Raouf as Chief Executive Officer, based in Boston. Mr. Raouf succeeds founder Béchara Wakim,