Industry News

Apple and Android devices by Masabi Ltd. They can be downloaded at app stores by seaching for the keyword MTA eTix."/>
Connecticut train riders can use smartphone app to buy tickets, check schedules and status [New Haven Register, Conn.]
Communications Systems Inc, a provider of physical connectivity infrastructure and services for deployments of broadband networks, announced on Thursday the declaration by its board of directors of a quarterly cash dividend of USD0.04 per common share. This dividend pay out will be made on 3 October 2016 to shareholders of record as of 15 September 2016.. According to the company, this quarterly dividend represents a reduction of USD0.12 per share, or approximately USD4.2m..."/>
Communications Systems declares USD0.04 per share quarterly dividend; Increases credit facility from USD10m to USD15m
NCR Corporation, a provider of omni-channel solutions, announced on Thursday that it will move its Hyderabad R&D facility in India to a new, state-of-the-art location at Raheja Mindspace in Hyderabad, India, to be ready by early 2017.. Reportedly, this new facility will be one of the global centres of excellence for NCR as part of its transformational journey towards leadership in the omni-channel evolution. According to NCR, its Hyderabad R&D centre is one of its largest software..."/>
NCR plans to create a new world-class R&D centre in Hyderabad, India
NCR Corporation, a provider of omni-channel solutions, announced on Thursday that it will move its Hyderabad R&D facility in India to a new, state-of-the-art location at Raheja Mindspace in Hyderabad, India, to be ready by early 2017.. Reportedly, this new facility will be one of the global centres of excellence for NCR as part of its transformational journey towards leadership in the omni-channel evolution. According to NCR, its Hyderabad R&D centre is one of its largest software..."/>
NCR plans to create a new world-class R&D centre in Hyderabad, India
ON Semiconductor Corporation announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. for $20.00 per share in cash pending the satisfaction of the conditions to the Offer set forth in the merger agreement entered into on November 18, 2015, between ON Semiconductor and..."/>
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
Western Digital Corporation on Thursday announced the successful pricing of USD3.0bn of new US dollar-denominated term B loans at an interest rate of LIBOR+ 3.75%. Reportedly, this pricing is 175 basis points lower than its previous term B loans issued earlier this year in connection with the company's acquisition of SanDisk Corporation. Also, in connection with this transaction, Western Digital settled the previous US dollar-denominated term B loans with the proceeds of..."/>
Western Digital reprices USD3.0bn Term B loans and prepays USD750m Term B loans
MiX Telematics announced on Thursday that it has completed a specific repurchase of all 200 828 260 MiX shares held by Imperial Corporate Services Proprietary Limited for an aggregate repurchase consideration of ZAR473 954 694.. This repurchase was approved by shareholders at the general meeting held on 1 August 2016 and the company has advised that all the conditions precedent have been fulfilled and it has obtained the necessary compliance certificate from the..."/>
MiX Telematics completes specific share repurchase and linked board changes
Motorola Solutions, Inc. today announced that its board of directors has approved a regular quarterly dividend of 41 cents per share payable in cash on Oct. 14, 2016, to stockholders of record at the close of business on Sept. 15, 2016.. Motorola Solutions creates innovative, mission critical communication solutions and services that help public safety and commercial customers build safer cities and thriving communities. For ongoing news, visit..."/>
Motorola Solutions Declares Quarterly Dividend
Motorola Solutions Venture Capital. JC Grubbs, CEO, DevMynd, said the investment opens new collaborative opportunities that include the wave of innovation occurring in public safety and commercial communications. "We couldn't be happier to be working with a partner that has such a rich tradition of solving problems that have a meaningful impact on..."/>
DevMynd Obtains Strategic Investment from Motorola Solutions
Cheetah Mobile Inc., a leading mobile internet company that provides mission critical applications to help make the internet and mobile experience speedier, simpler, and safer for users worldwide, today announced its unaudited consolidated financial results for the second quarter of 2016.. Total revenues increased by 18.1% year-over-year to RMB1, 046.7 million, exceeding the Company's previous guidance of RMB975 million to RMB1, 000..."/>
Cheetah Mobile Announces Second Quarter 2016 Unaudited Consolidated Financial Results
Kingsoft Announces 2016 Interim Results
Accenture announced on Thursday that it has extended its contract with Dixons Carphone, a specialist electrical and telecoms retailer and services company in Europe, to support its system integration work following the merger between Carphone Warehouse and Dixons Retail in August 2014.. Under the agreed multi-year agreement, financial details of which were not available, Accenture will extend its provision of application development and maintenance services to the..."/>
Accenture announces contract extension with Dixons Carphone
SS&C Technologies. " Given seasonal patterns, this result is in the normal range of historical variation. ""/>
SS&C GlobeOp Forward Redemption Indicator: August notifications 3.86%
SS&C Technologies. "Given seasonal patterns, this result is in the normal range of historical variation.""/>
SS&C GlobeOp Forward Redemption Indicator: August notifications 3.86%
Nykaa seeks to explore beyond cosmetics [Mint, New Delhi]
Facebook will be playing-- literally. The social media giant announced that it will be creating its own gaming platform in cooperation with Unity Technologies, as reported by TechCrunch, who was able to speak with both firms."/>
Will Facebook play it right with its own gaming platform? [Khaleej Times, Dubai, United Arab Emirates]
StemCells. Following the announcement, StemCells' share price soared 598% on Nasdaq, and the company's market cap, which until then was $5.4 million, jumped to $30 million. Microbot, which develops miniature robots, was based on the inventions of Technion-- The Israel Institute of Technology Prof."/>
Microbot jumps 600% after merging into US co StemCells [Globes, Tel Aviv, Israel]
Trend Micro Inc., has held several executive positions at the company, prior to which he worked in the German air force for 12 years in radar guidance and aircraft tracking. In an interview in Mumbai, Genes spoke about cybersecurity trends in the digital world, and how his team is working to protect users and companies from these threats. Can we really compute the cost of cybercrime?"/>
Cybercriminals yet to figure how to make money from IoT: Raimund Genes [Mint, New Delhi]
Just Dial Ltd's shares have more than halved in value in the past year, after having fallen over 40% in 2014. After such a steep correction, one would have imagined valuations are cheap. But the stock still trades at over 23 times trailing earnings, that too at a time when core earnings are declining sharply."/>
Justdial's chase for growth has hit margins badly [Mint, New Delhi]
Gartner released on Thursday. "India is contributing significantly to the worldwide growth in smartphone sales" Anshul Gupta, research director at Gartner, said. All emerging markets, except Latin..."/>
Emerging markets, led by India, drive smartphone sales growth [Mint, New Delhi]

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