Smith Micro Reports Preliminary Q4 2014 Revenue and Profits; Provides Revenue Guidance for Fiscal 2015

ALISO VIEJO, CA--(Jan 14, 2015) - Smith Micro Software, Inc. (NASDAQ: SMSI), a leading provider of wireless and mobility solutions, today announced preliminary revenue and non-GAAP operating profits for its fiscal fourth quarter ended December 31, 2014. The Company also gives guidance for fiscal 2015 ahead of its scheduled presentation and investor meetings today at the Needham & Company Annual Growth Conference in New York City.

Fiscal 2014 Fourth Quarter Selected Preliminary Financial Results:

  • Revenue for the fiscal 2014 fourth quarter is expected to be between $10.4 million and $10.6 million.
  • Non-GAAP operating profit for the fiscal 2014 fourth quarter is expected to be in the range of $600,000 to $700,000.
  • Cash and short-term investments at December 31, 2014 will be approximately $13.0 million.
Published: 14 January 2015
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PDF Solutions(R) Announces the Signing of Certain Contracts and Related Effects on Expected Revenues

The Company Also Announces the Date of Its Release of Fourth Fiscal Quarter and Full Year 2014 Results

SAN JOSE, Calif., Jan. 7, 2015 -- PDF Solutions, Inc. (PDFS), the leading provider of process-design integration technologies to enhance IC manufacturability, today updated the status of two contracts discussed in the Company's September 29, 2014, press release, by announcing that agreement with the customer has been finalized and two definitive contracts were recently signed.

The first of these two contracts compensates the Company for the advanced development services the Company previously delivered to the customer. The second contract compensates the Company for the more extensive process node yield ramp services that the Company previously provided. The second contract also includes a Gainshare compensation component in line with the value of the technology and services the Company delivered. Any Gainshare performance incentive fees will be earned over approximately six years beginning with the start of volume production on this process node, which is currently expected to begin in 2015.

Published: 08 January 2015
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Perfect World Announces Receipt of its Chairman's Preliminary Non-Binding "Going Private" Proposal at $20.00 per ADS

BEIJING, Jan. 2, 2015  -- Perfect World Co., Ltd. (PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter dated December 31, 2014 from its founder and chairman of the Board, Mr. Michael Yufeng Chi, to acquire all of the outstanding shares of Perfect World not currently owned by him in a going private transaction for $20.00 per American Depositary Share ("ADS") or $4.00 per ordinary share in cash. A copy of the proposal letter is attached hereto as Annex A.

Published: 02 January 2015
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Revolution Lighting Technologies Enters Into Strategic Distribution Partnership with Fastenal

STAMFORD, Conn.-- Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting”), a global provider of advanced LED lighting solutions, announced today that it has entered into a strategic distribution partnership with the Fastenal Company. Fastenal is one of the largest MRO (Maintenance, Repair and Operations) suppliers. Under the terms, through its U.S. stores and distribution centers, Fastenal will stock and make available a variety of Revolution Lighting Technologies’ LED products.

“We are very excited about the opportunity to work with Fastenal and confident our pure play LED product offering, along with our exclusive sales network, will be a valued asset in securing LED lighting retrofit projects with Fastenal’s extensive customer base,” said Vincent Alonzi, VP of Network Sales, Revolution Lighting Technologies.

Published: 29 December 2014
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OpenText Signs Definitive Agreement to Acquire Actuate

WATERLOO, Ontario, Dec. 5, 2014 -- OpenText Corporation (NASDAQ:OTEX) (TSX:OTC.TO ), a global leader in Enterprise Information Management (EIM), today announced a definitive agreement to acquire Actuate Corporation (NASDAQ:BIRT) - The BIRT Company™, the leader in personalized analytics and insights.(1)

Under the terms of the agreement, which has been approved by the boards of directors of both companies, a newly formed, wholly-owned subsidiary of OpenText will commence a tender offer for all outstanding shares of Actuate for $6.60 per share in cash, for a total equity value of approximately $330 million, less Actuate's cash, for an enterprise value of approximately $272 million.  OpenText will fund the acquisition with cash on hand. 

Published: 05 December 2014
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  1. RADA Electronic Industries Ltd ( RADA )
  2. iDreamSky Technology Limited ( DSKY )
  3. Cimatron Ltd ( CIMT )
  4. Net Element Inc ( NETE )
  5. Perion Network Ltd ( PERI )

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