Brightcove Announces Financial Results for First Quarter 2013

Brightcove Inc. (BCOV), a leading global provider of cloud content services, today announced financial results for the quarter ended March 31, 2013.

“We are pleased that Brightcove delivered first quarter revenue and profitability that exceeded our guidance,” said David Mendels, Chief Executive Officer of Brightcove. “The rapid shift of consumers watching digital content across a growing array of devices is forcing companies across a wide range of industries to think more strategically about their digital content delivery needs. We believe Brightcove is uniquely positioned to benefit from this long-term trend, and our focus is on continuing to drive the pace of innovation in the multi-billion dollar online video platform market.”

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Synacor Expands Partnership With Verizon FiOS to Offer Seamless Content Delivery Experience and TV Everywhere Services to Pay-TV Subscribers

Through Synacor's Startpages, Verizon FiOS TV Subscribers Have Access to a Variety of Programming From HBO, Showtime, SyFy, Telemundo, NBC and More

Synacor, Inc. (SYNC), leading provider of next-gen startpages, TV Everywhere solutions and cloud-based Identity Management (IDM) services across multiple devices for cable, satellite, telecom and consumer electronics companies, today announced it has expanded its relationship with Verizon to offer the company's nearly 5 million FiOS TV subscribers access to TV shows and movies from one online destination. The My Verizon website now includes a simple search and discovery experience, easy authentication, and the ability to log in just once.

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Inteliquent Announces Strong First Quarter Results and Revises 2013 Financial Guidance

Q1 2013 Highlights

  • Divested global data business for $54.5 million on April 30, 2013
  • Total revenue was $69.7 million, an increase of 3% from Q4 2012
  • Voice services revenue was $50.5 million, an increase of 2% from Q4 2012
  • Record data services revenue was $19.2 million, an increase of 5% from Q4 2012
  • Adjusted EBITDA (a non-GAAP financial measure) was $18.0 million, an increase of 24% from Q4 2012

Neutral Tandem, Inc. d/b/a Inteliquent (IQNT), a leading provider of voice services, today announced its financial results for the first quarter of 2013.

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Telular Corporation to be Acquired by Avista Capital Partners

Telular Shareholders to Receive $12.61 Per Share in Cash; Transaction Valued at $253 Million, Including Net Debt

Telular Corporation (WRLS) ("Telular") and Avista Capital Partners ("Avista") today jointly announced that they have entered into a definitive agreement providing for the acquisition of Telular for $12.61 per share net in cash and approximately $18.5 million in assumed net debt, or approximately $253 million in total consideration. The purchase price represents a 31% premium to the closing share price on April 26, 2013, the last full trading day before today's announcement, and a 27% premium to the 60-day average share price. The proposed acquisition has fully committed financing and is currently expected to close within 50-75 days.

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LogMeIn Announces First Quarter 2013 Results

Reports Quarterly Revenue of $37.4 Million; Deferred Revenue of $74.1 Million
Increases Full Year Revenue Outlook to $157-$160 Million

LogMeIn, Inc. (LOGM), a leading provider of essential cloud and mobile services, today announced its results for the quarter ended March 31, 2013.

For the first quarter of 2013, total revenue increased 15 percent to $37.4 million from $32.7 million reported in the first quarter of 2012.

Non-GAAP net income for the first quarter of 2013 was $3.1 million, or $0.12 per diluted share. Non-GAAP net income excludes $5.2 million in stock compensation expense, $6.1 million in patent litigation related expense and $1.1 million in acquisition related costs and amortization.

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