Kenexa Announces Acquisition by IBM

 
Kenexa Corporation (Kenexa) (NYSE:KNXA), a leading provider of recruiting and talent management solutions, today announced that it has entered into a definitive agreement to be acquired by International Business Machines Corporation (NYSE:IBM) for $46.00 per share in cash in a transaction valued at approximately $1.3 billion.

The transaction has been approved unanimously by the Kenexa Board of Directors and the Kenexa Board of Directors recommends that Kenexa shareholders approve the transaction.

Published: 27 August 2012
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Key Tronic Corporation Announces Fourth Quarter and Year End Results

Year-over-Year Revenue Up 36% and Net Income Up 103%
Continued New Customer Wins and Revenue Diversification

Key Tronic Corporation (KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter and year ended June 30, 2012.

For the fourth quarter of fiscal 2012, Key Tronic reported total revenue of $96.7 million, up 46% from $66.0 million in the same period of fiscal 2011. For the full year of fiscal 2012, total revenue was a record $346.5 million, up 36% from $253.8 million in fiscal 2011.

Published: 22 August 2012
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Actian Corporation Proposes to Acquire Pervasive Software for $8.50 Per Share in Cash

Actian’s Proposal Provides Pervasive Stockholders with Substantial Premium and Immediate Cash Value

Actian Corporation (“Actian”), a leader in next generation data management for big data and author of the record-breaking Vectorwise Analytics database, today announced that it has proposed to acquire all of the outstanding shares of Pervasive Software, Inc. (PVSW) (“Pervasive”) common stock for $8.50 per share in cash, in a transaction valued at approximately $154 million.

Actian’s proposal is at the highest closing price reached by Pervasive’s common shares during the last 10 years and represents a premium of:

Published: 13 August 2012
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Wizzard Releases FAB Historical Growth Trajectory

FAB Grows Revenues From $39M in 2009 to $71M in 2011

Wizzard Media (NYSE MKT: WZE), the leading digital media podcast network, today released a historical update of FAB as part of its ongoing information transfer to shareholders in advance of Wizzard’s planned acquisition of FAB. The acquisition was approved by Wizzard shareholders on July 30th, 2012, and is in the final stages of closing.

Previous informational updates on FAB include: Wholesale Media Distribution, Retail Media Sales and Intelligent Media Kiosks.

Published: 09 August 2012
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SGI Reports Fourth Quarter And Fiscal Year 2012 Financial Results

Strategic Plan to Sharpen Market Focus, Align With Key Partners for Integrated Solutions, Improve Operational Execution

SGI (SGI), the trusted leader in technical computing, today reported financial results for its fourth quarter and fiscal year ended June 29, 2012.  The company also introduced a strategic plan designed to drive profitable growth by leveraging SGI's strong market position and technological leadership in technical computing.

Total revenue for the fourth quarter was $179 million, which compares with $199 million in the previous quarter and $195 million in the fourth quarter of 2011.  For fiscal year 2012, total revenue was $753 million, an increase of 20 percent from $630 million in fiscal year 2011.

Published: 09 August 2012
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