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October 2014

Deluxe Acquires Wausau Financial Systems

Wausau complements Deluxe growing suite of FinTech solutions Deluxe is pleased to announce the acquisition of Wausau Financial Systems (WAUSAU), a market leader for receivables management serving commercial banks and major corporations. The transaction closed Wednesday, Oct. 22, 2014. Founded in 1971 and based in Mosinee, Wisconsin,

OpenText Reports First Quarter Fiscal Year 2015 Financial Results

Strongest First Quarter Results in the history of OpenText Open Text Corporation announced today its financial results for the first quarter ended September 30, 2014. Financial Highlights for Q1 FY15 Total revenue was $453.8 million, up 40% Y/Y License revenue was $58.6 million, up 6% Y/Y Cloud services revenue was $150.0

Access Announces Investment by Berkshire Partners

Rob Alston, CEO of Access, has announced that Berkshire Partners LLC, a Boston-based investment firm, has acquired a majority interest in the company, the largest privately-held provider of records and information management services in North America, from Summit Partners.  Terms of the transaction were not

Lexmark reports third quarter results

Revenue growth exceeds guidance range Lexmark International, Inc. today announced financial results for the third quarter of 2014. "In the third quarter, Managed Print Services and Perceptive Software combined revenue grew 20 percent, representing nearly one third of Lexmark's total revenue, and is on track to exceed

IBM Reports 2014 Third-Quarter Results

 Net Income Disappoints the Market IBM today announced third-quarter 2014 diluted earnings from continuing operations of $3.46 per share, compared with diluted earnings of $3.77 per share in the third-quarter of 2013, a decrease of 8 percent.  Operating (non-GAAP) diluted earnings from continuing operations were $3.68

HP To Separate Into Two New Industry-Leading Public Companies

Strategic step provides each new company with the focus, financial resources and flexibility to adapt quickly to market and customer dynamics while generating long-term value for shareholders Hewlett-Packard Enterprise will define the next generation of technology infrastructure, software and services for the New Style of IT 

SourceHOV and BancTec enter into a Merger Agreement

  Merger will create a Global Leader in Transaction Processing Solutions SourceHOV announced today that the company has entered into a merger agreement with BancTec Group (“BancTec”), to create one of the largest TPS (Transaction Processing Services) service providers worldwide.  Both SourceHOV and BancTec are headquartered in