(Bloomberg News) -- Hewlett Packard Co. Chief Executive Officer Meg Whitman foresees greater consolidation in the technology industry, as her company prepares to split into an enterprise business and one that sells printers and PCs. “About every 10 to 15 years in technology, I see tectonic
Acquisition reinforces IBM's commitment to deliver flexible cloud computing models that make it easier for customers to move to data and applications across clouds IBM announced it has acquired Blue Box Group, Inc. , a managed private cloud provider built on OpenStack. Blue Box is a privately
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,