Industry News

Symantec, a provider of cybersecurity solutions, on Monday announced the successful completion of its acquisition of Blue Coat Inc, a provider of web security for enterprises and governments worldwide. Financial details of this acquisition were not available. Reportedly, this acquisition of Blue Coat complements Symantec's innovative product portfolio and creates the industry's largest pure play cyber security company."/>
Symantec announces completion of Blue Coat acquisition
TrueCar, Inc. projects U.S. revenue from new vehicle sales reached $48.9 billion for the month of July, up 0.9 percent from a year ago. Despite a likely increase in incentive spending and a slight dip in retail sales, automakers should post a $428 million gain in revenue compared to last year fueled by higher average transaction prices."/>
July Auto Sales Revenue to Hit $48.9 Billion
MIND CTI Reports Second Quarter 2016 Results
Avnet, Inc., a leading global technology distributor, today announced the expansion of its global franchise agreement with Cypress Semiconductor Corp. to include the portfolio of their recently acquired wireless Internet of Things products. Effective immediately, Avnet customers in the Americas, EMEA and Asia, excluding Japan, will have access to the complete line of wireless connectivity solutions from Cypress, including Wi-Fi, Bluetooth ® and ZigBee ® IOT..."/>
Avnet Expands Global Franchise with Cypress to Include Newly Acquired IOT Products
Jacada Ltd., Jacada announced today that TMC, a global, integrated media company, has named Jacada Visual IVR as a recipient of a 2016 CRM Excellence Award, presented by CUSTOMER magazine. Jacada Visual IVR extends the standard voice IVR visually on digital channels to enable an omnichannel customer experience. Whether your customers are calling the IVR directly, interacting with your website, or using your mobile app, Jacada Visual IVR is there to reduce your..."/>
Jacada Awarded 2016 CRM Excellence Award
Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, will present at Oppenheimer's 19th Annual Technology, Internet& Communications Conference in Boston on Aug. 9 at 10:25 a.m. EDT. Those unable to attend in person can access a live webcast of the presentation in the Investors section of Microsemi's website, www.microsemi.com. The webcast will be hosted..."/>
Microsemi to Present at Oppenheimer's 19th Annual Technology, Internet & Communications Conference
Redknee Solutions Inc., a leading provider of real-time monetization and subscriber management software, is pleased to announce the signing of a new multi-million dollar digital transformation contract with Tbaytel, the largest independently owned telecommunications service provider in Canada."/>
Redknee Selected to Monetize Tbaytel's Multi-Play Services and Support its Digital Transformation
Mitek, a global leader in mobile capture and identity verification software solutions, today announced that a top exchange for concerts, sporting events and theater tickets around the globe has selected Mobile Verify™ to validate the identities of customers who are conducting high-value transactions. The addition of Mitek’ s ID verification solution will help the company mitigate the risk of fraud by enabling legitimate customers to easily verify..."/>
Mitek’s Mobile Verify™ Selected by a Leading Ticket Exchange
Carbonite, Inc., a leading provider of cloud backup and restore solutions for small and midsize businesses, today announced financial results for the quarter ended June 30, 2016.. Revenue of $53.4 million increased 57% year over year. Net income per share was $0.04, as compared to in the second quarter of 2015.. “I am very pleased with our progress, especially the expansion of our SMB business which grew approximately 150%."/>
Carbonite Announces Second Quarter 2016 Financial Results
EnerNOC, Inc., a leading provider of energy intelligence software and demand response solutions, today announced results for the second quarter ended June 30, 2016.. “We posted strong financial results for the quarter and we are increasing our full year outlook for the second consecutive period,” said Tim Healy, Chairman and CEO of EnerNOC.“ With continued solid execution in demand response and a sharper focus in software as we divest non-core assets, we are well..."/>
EnerNOC Reports Results for Second Quarter of 2016
Mastercard Send™ to enable U.S. debit card holders to send and receive money through the clearXchange network. Early Warning’ s clearXchange network facilitates person-to-person payments between the customers of participant financial..."/>
Early Warning® Selects Mastercard Send™ to Expand clearXchange® Network
Kyocera Corporation announced on Monday that it plans to acquire all shares in Melles Griot KK, a Japan-based manufacturer specialising in optical components, which is currently a subsidiary of US-based IDEX Corporation, in order to further expand its optical components business. Financial details of this acquisition were not available. Melles Griot KK is expected to become a wholly owned Kyocera Group company, effective 1 September 2016.."/>
Kyocera to acquire Melles Griot KK in Japan
Bitauto Holdings Limited, a leading provider of internet content and marketing services for China's fast-growing automotive industry, today announced that an investor consortium comprised of Tencent Holdings Limited, a leading provider of comprehensive internet services in China, Baidu, Inc., the leading Chinese language internet search provider, JD.com, Inc., a leading e-commerce company in China, Bitauto and other investors has entered..."/>
Bitauto Announces Investor Consortium's Strategic Investment of US$550 Million in Yixin Capital
II-VI Incorporated today reported results for its fourth fiscal quarter and full year ended June 30, 2016. It also announced its expected investments in R&D platforms, including VCSEL as well as optoelectronic materials and device technologies to address the growing 3 D sensing market.. The Company’ s Board of Directors has appointed Dr."/>
II-VI Incorporated Reports Record FY16 Fourth Quarter and Full Year Bookings and Revenues; Dr. Vincent D. Mattera, Jr. Appointed CEO; Expanding Platform Investments
Verizon Communications Inc and Fleetmatics Group PLC, a provider of fleet and mobile workforce management solutions, announced on Monday the entering into a definitive agreement under which Verizon will acquire Fleetmatics, for USD60.00 per share in cash, representing a value of approximately USD2.4bn. It is expected that the powerful combination of products and services, software platforms, robust customer bases, domain expertise and experience, as well as talented and..."/>
Verizon to acquire Fleetmatics in USD2.4bn deal
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that Emerald Performance Materials, a producer of specialty chemicals for food and industrial applications, is using the Descartes MK Dynamic Screening™ solution to proactively screen global customers and trading partners to reduce the risk of conducting business with parties who may be subject to trade restrictions."/>
Emerald Performance Materials Enhances Global Trade Compliance with Denied Party Screening from Descartes
Harris’ Board of Directors. MELBOURNE, Fla.---- Harris Corporation and JANA Partners today announced an agreement for the future appointment of two new mutually agreed independent directors to the Harris Board of Directors. Both individuals will be included in Harris’ slate of directors nominated for election at the company’ s 2016 Annual Meeting."/>
Harris Corporation and JANA Partners Reach Agreement
Mycronic announces acquisition of 75% of Axxon for SEK430m
Mycronic announces acquisition of 75% of Axxon for SEK430m
Citrix. Just as Cloud DC has a disruptive Workspace technology, it is now also disrupting the go to market for the distribution channel. Today’ s cloud vendors and traditional ICT distributors are disengaging the channel and leaving them disillusioned over margins and end customer ownership."/>
Citrix Signs Global Partner Agreement with Cloud DC

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