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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...
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...
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) ("...
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...
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 ...
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...
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...
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...
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...
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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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) ("...
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...
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 ...