Top Image Systems, Ltd. (Nasdaq: TISA) today announced its financial results for the second quarter ended June 30, 2016. Second Quarter 2016 Highlights Revenues were $8.5 million, consistent with revenues of $8.5 million in Q1 2016; Recurring revenues were $4.9 million representing 57% of total revenue in the current
Achieves Strong Cash Flows, Operating Margins, and EPS Amid Continuing Transition to Recurring Revenue Models Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its third quarter fiscal 2016, ended June 30, 2016. In the third quarter of fiscal 2016, Nuance reported GAAP revenue of $477.9
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
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
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 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
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
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
Deal Enables Foxit to Strengthen its Cloud Services Portfolio as Company Builds on its Introduction of ConnectedPDF Foxit Software today announced the acquisition of Sumilux Technologies, creators of a cloud-hosted business messaging solution that allows teams and colleagues to stay in touch with each other through
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,