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