Home / Tag Archives: nasdaq news (page 4)

Tag Archives: nasdaq news

EMS to Provide L-Band Communications for Iridium NEXT

EMS Technologies (NASDAQ: ELMG) reached an agreement to provide L-band communications hardware for Iridium’s new constellation of low-earth orbiting cross-linked satellites, Iridium NEXT. “Iridium has enjoyed a longstanding relationship with EMS as a technology partner and reseller of Iridium to its aviation customers. We’re pleased to extend that relationship with …

Read More »

Cisco Wraps Up $95 Million Inlet Technologies Acquisition

Cisco (NASDAQ: CSCO) has finalized its acquisition of privately-held Inlet Technologies for $95 million. The Raleigh, N.C.-based firm focuses on Adaptive Bit Rate digital media processing platforms and will provide a boost to Cisco’s Videoscape TV platform offering. According to Cisco, “Inlet brings to the firm a strong team that …

Read More »

Autodesk Closes Blue Ridge Numerics Purchase

Autodesk (NASDAQ:ADSK) completed its planned acquisition of Blue Ridge Numerics for $39 million in cash, The close of the deal is subject to a working capital adjustment. According to the firm, “the addition of Blue Ridge Numerics’ CFdesign software will enhance the Autodesk solution for Digital Prototyping with powerful thermal …

Read More »

Deltek Opens New Belgium Office

Deltek (Nasdaq: PROJ) is making the move to fortify its Belgian and Luxemburg markets by opening a new office in Diegem, Belgium. “Opening an office in Belgium is part of our European growth strategy, ” says Henk Jan Onstwedder, Managing Director, Deltek Belgium. “It is a logical step for us, …

Read More »

Cisco Prices $4 Billion of Senior Secured Notes

Cisco Systems (NASDAQ: CSCO) released the following financial announcement: The firm “priced three series of senior unsecured notes for an aggregate principal amount of $4 billion. The offering is expected to close on March 16, 2011. “Of these notes, $2 billion will mature in March 2014 and will bear interest …

Read More »

Iridium CEO Matt Desch Comments on Firm’s Financial Report

Iridium (Nasdaq:IRDM)  reported financial results for the fourth quarter of 2010, affirming its outlook for the full-year 2011. The firm listed fourth-quarter total revenue at $87.9 million, including $60.1 million of service revenue and $27.8 million of equipment and engineering and support revenue. Iridium noted that “total revenue grew 16 …

Read More »

GTEC Reaches Sale Agreement with Ares Management Affiliate for $315 Million; CEO John Hillen Comments

GTEC (NASDAQ: GTEC) reached an agreement to be acquired via cash tender offer by an affiliate of Ares Management, in a deal totaling approximately $315 million. “We are extremely excited about what this new relationship will bring to our customers and employees, and the return this represents for our shareholders, …

Read More »

Deltek Hires Catherine Morales to Lead INPUT

Deltek (Nasdaq: PROJ) hired Catherine Morales to lead its INPUT business as executive VP and general manager of INPUT. According to the firm, Morales will be tasked with growing sales and subscriptions, expanding the solutions portfolio and entering new markets and verticals. “We are very pleased to welcome Catherine to …

Read More »

Financial Announcement from Oracle

Oracle (NASDAQ: ORCL) released the following financial statement: The firm’s “third quarter fiscal year 2011 results will be released on Thurs., March 24, after the close of the market. Oracle will host a conference call and live web broadcast at 2:00 p.m. PST to discuss the financial results. The live web broadcast …

Read More »

Terremark Settles Verizon Acquisition Suits

Terremark (NASDAQ:TMRK) released the following statement: The firm “has entered into a memorandum of understanding providing for the settlement of all eight putative class action lawsuits that have been brought in Delaware and Florida in connection with the previously announced agreement and plan of merger dated Jan. 27, 2011 among …

Read More »