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ZIXI News and Press, Zix Corporation

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Company Name: Zix Corporation
Stock Symbol: ZIXI
Market: NASDAQ
Website: zix.com

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ZIXI - Merger Arbitrage Mondays: Oracle Enters Healthcare Tech With The Cerner Acquisition

Potential deal in the works - Cerner to be acquired by Oracle in mega tech deal. The acquisition of Cerner by Oracle could be a net negative for Oracle shareholders considering how challenging the integration of the company is likely to be. The size of the deal ($28.4 billion incl...

ZIXI - Zix Corporation is now a wholly-owned subsidiary of OpenText

OpenText (NASDAQ:OTEX) has completed the closing of the previously announced acquisition of Zix Corporation (NASDAQ:ZIXI). OpenText CEO & CTO Mark J. Barrenechea said, "Zix meaningfully expands our distribution capabilities with MSP partners, enhances our SMB offering and deepens our...

ZIXI - OpenText Buys Zix Corporation

OpenText Buys Zix Corporation Canada NewsWire WATERLOO, ON , Dec. 23, 2021 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that it has completed the closing of the previously announced acquisition of Zix Corporation (NASDAQ: ZIXI) ("...

ZIXI - OpenText Extends Tender Offer for Zix Corporation

OpenText Extends Tender Offer for Zix Corporation Canada NewsWire WATERLOO, Ontario , Dec. 21, 2021 /CNW/ -- In connection with the previously announced agreement to acquire Zix Corporation (NASDAQ: ZIXI) ("Zix"), OpenText™ (NASDAQ: OTEX) (TS...

ZIXI - OpenText Commences Tender Offer for Zix Corporation

OpenText Commences Tender Offer for Zix Corporation Canada NewsWire WATERLOO, ON , Nov. 22, 2021 /CNW/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) announced today that it has commenced its previously announced tender offer for all outstanding shares ...

ZIXI - Merger Arbitrage Mondays - McAfee Acquired By An Investor Group For $14 Billion

McAfee to be acquired by an investor group comprised of Advent, Permira, Crosspoint Capital, CPP Investments, GIC, and ADIA for $14 billion. On November 5, 2021, Bloomberg reported that McAfee was in advanced talks to go private. CorePoint Lodging to be acquired by Highg...

ZIXI - True Wind Capital Raises $817 Million for Second Fund

True Wind Capital Raises $817 Million for Second Fund Continues Successful Strategy of Partnering with Strong Management Teams and Investing in Leading Technology Companies PR Newswire SAN FRANCISCO , Nov. 11, 2021 /PRNewswire/ -- True Wind Capital ("Tru...

ZIXI - Zix confirms sale of business at $860M valuation

Zix (NASDAQ:ZIXI) has signed a definitive agreement to be acquired by OpenText, a provider of information management solutions, at an enterprise value of $860M. Under the terms of the agreement, OpenText's subsidiary will commence a tender offer for all outstanding shares of Zix com...

ZIXI - Zix EPS beats by $0.23, beats on revenue, to be taken over by OpenTex at $8.50/share

Zix (NASDAQ:ZIXI): Q3 Non-GAAP EPS of $0.15 beats by $0.23; GAAP EPS of -$0.09 misses by $0.01. Revenue of $64.9M (+18.4% Y/Y) beats by $0.72M. Press Release Annual recurring revenue increased 18% to $262.8M. Cloud ARR increased 19% to $236.9M or 90% of total ARR. Zix (ZIXI) to be acquired by...

ZIXI - Zix Reports Third Quarter 2021 Financial Results

Record Net Dollar Retention of 103.1% Driven by Strong Customer Adoption of CloudAlly and Secure Cloud 18% Increase in Revenue and Annual Recurring Revenue (ARR) Generated $10.1 Million in Cash Flow from Operations, $35.5 Million Year-to-date, up 46.7% Cash P...

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