Industry News

Apple Inc., chief executive officer Tim Cook said at the technology company's earnings announcement on Tuesday. In an earnings call that followed, he added that iPhone sales in India in the first three quarters of this fiscal year had grown 51% from a year ago. According to chief financial officer Luca Maestri, the company saw healthy growth in several "important markets", including Russia, Brazil, Turkey, India, and..."/>
Apple reaffirms India retail store plans as iPhone sales stay strong [Mint, New Delhi]
Mondelez will start selling Milka brand chocolate in China, hoping to capture a slice of a still-small market it believes is ripe for opportunity. Mondelez, maker of iconic brands including Cadbury and Nabisco, will start selling its Milka brand chocolate in China in September, hoping to capture a slice of a still-small market the company believes is ripe for opportunity. Deerfield-based Mondelez already sells items from its biscuit and gum categories in China."/>
Mondelez hopes for sweet success as it launches chocolate in China [Chicago Tribune]
Linear Technology Corporation by Analog Devices, Inc.. On July 26, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Analog Devices will acquire Linear Technology. Under the terms of the agreement, Linear Technology shareholders will receive $46.00 cash and 0.2321 shares of Analog Devices common..."/>
Robbins Arroyo LLP: Acquisition of Linear Technology Corporation (LLTC) by Analog Devices, Inc. (ADI) May Not Be in Shareholders' Best Interests
Lionbridge Technologies, Inc., will announce financial results for the second quarter ended June 30, 2016 on Thursday morning August 04, 2016.. Lionbridge management will conduct a conference call at 9:00 a.m. ET on August 4 th to discuss financial performance and to answer analyst questions. To participate, callers within the United States can dial 800-369-2197 and international callers can dial +1-630-395-0177. The passcode for..."/>
Lionbridge Schedules Second Quarter 2016 Earnings Release And Conference Call
Epiq Systems Inc. agreed Wednesday to be purchased by the owners of its Atlanta-based rival DTI in a $1 billion transaction. Epiq said its two large shareholders who have challenged the company's management and performance have backed the cash deal that prices each Epiq share at $16.50. Shares of Epiq had closed Tuesday at $14.42 and were trading at $16.37, a 13.5 percent gain, in morning trading."/>
Embattled Epiq Systems agrees to $1 billion buyout and merger with rival DTI [The Kansas City Star]
CPS Technologies Corporation today released instructions for its quarterly investor conference call which will be held on Wednesday, August 3, 2016 at 4:30 P.M.. Grant Bennett, President and Chief Executive Officer, and Ralph Norwood, Chief Financial Officer, will discuss the Company’ s financial results for the three months ended July 2, 2016.. Those interested in participating in the conference call should dial:."/>
CPS Technologies Corporation Conference Call Notification
Verizon Communications Inc. and US-based web portal and search company Yahoo! Inc. have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximatelyUSD 4.83 bnin cash, the companies said. Yahoo has a global audience of more than 1 bn monthly active users, including 600 m monthly active mobile users, through its search, communications and digital content..."/>
Verizon to Buys Yahoo's Operating Business for USD 4.83bn in Cash
Dataram Corporation, an independent manufacturer of memory products and provider of performance solutions, today reported that it has received formal notification from the Listing Qualifications Department of The NASDAQ Stock Market notifying Dataram that it has regained compliance with Listing Rule 5550, the minimum bid price requirement for continued listing on The NASDAQ Stock Market, and that the matter is now closed. Dataram's common stock will..."/>
Dataram Regains Compliance with NASDAQ Minimum Bid Price Rule
Baidu, Inc.' s board of directors received a letter from Robin Yanhong Li, chairman and chief executive officer of Baidu, and Yu Gong, chief executive officer of, Inc., who led a consortium of potential buyers, stating that the Buyer Group would withdraw the non-binding proposal, datedFebruary 1, 2016, to acquire all of the outstanding shares, Inc.beneficially owned byBaidu, with immediate effect, the..."/>
Buyer Withdraws Offer for Baidu Online Video Platform
Ameri Holdings, Inc. has acquired Kansas, US-based SAP consulting firm Virtuoso, L.L.C., the company said. Terms of the deal were not disclosed. Virtuoso is specialised in providing services on SAP S/4 HANA finance, enterprise mobility and cloud migration."/>
Ameri100 Buys Kansas, US SAP Consulting Firm Virtuoso
Higher One Holdings, Inc. for USD 5.15 in cash per share, the company said. Blackboard said that the expiration of the waiting period satisfies one of the conditions to the previously announced tender offer for all issued and outstanding shares..."/>
Blackboard Affiliate Clears US Antitrust Hurdle in Acquisition of USD 260m Higher One
Rambus Inc. today announced that it has developed an R+ DDR4 PHY on the GLOBALFOUNDRIES 14- FX (TM) ASIC platform using the company's most advanced 14 nm Power Plus process. As part of a comprehensive suite of memory and SerDes interface offerings for networking and data center applications, Rambus has achieved the first production-ready 3200 Mbps DDR4 PHY available on GLOBALFOUNDRIES power-performance optimized 14 nm LPP process. The R+ DDR4 PHY is designed to meet..."/>
Rambus Announces Silicon-proven R+ DDR4 PHY on GLOBALFOUNDRIES 14nm LPP Process for Networking and Data Center Applications
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced the results of its new Thai Commerce& Payment Study. The survey asked approximately 300 technologists about their shopping habits and payment preferences for in-store, online and mobile transactions in Thailand, where eCommerce sales are expected to be valued at..."/>
New ACI Worldwide Study: 40 Percent of Thai Technologists Prefer Alternative Payments for Online Shopping
WEX Inc.' s second-quarter earnings exceeded analyst expectations despite continued challenges related to low fuel prices and unfavorable foreign currency exchange rates. The South Portland-based corporate payment solutions provider said Wednesday that its total revenue for the second quarter increased by 9.5 percent to $233.9 million from $213.7 million in the second quarter of 2015.. During the quarter, fuel prices and foreign currency exchange rates..."/>
BRIEF: WEX quarterly earnings beat expectations despite economic headwinds [Portland Press Herald, Maine]
Constellation Software Inc. announced its firm intention to make a cash offer through a wholly owned subsidiary for the entire issued and to be issued share capital of Bond not already owned by Constellation and parties acting in concert with Constellation, which Offer was required to be published in an offer document no later than July 28, 2016.. Constellation today announced that it has been granted an extension to such deadline..."/>
Constellation Software Inc. ("Constellation") Cash offer for Bond International Software plc ("Bond")
Xerox as the top Business Process Services provider in its "BPS Top 50 (TM)" report, the second time in a row the company has placed first. The Everest Group Top 50 is an annual, global list of the 50 largest BPS providers, determined based on the prior year's reported revenues and Everest Group's proprietary BPS databases. "Our reach in business process services allows us to touch thousands of people every day," said Sue Watts, chief..."/>
Xerox Named Business Process Services Leader by Everest Group
NCR Corporation, a global leader in omni-channel solutions, announces that is has been recognized for excellence by the United States Postal Service through its Supplier Performance Award program. The award was presented on June 29 at the 2015 Supplier Performance Awards Ceremony and Reception at the USPS Headquarters Building in Washington, D.C. This is the second time NCR has won this prestigious award in recognition of its role in helping the USPS improve supply..."/>
The United State Postal Service Delivers Second Supplier Performance Award to NCR Corporation
Citrix Systems, Inc. today announced that David Henshall, chief operations officer and chief financial officer, will present at the Pacific Crest Global Technology Leadership Forum in Vail on August 8 at 4:30 p.m. Eastern. A webcast of each presentation will be available live on the investor section of the Citrix website at A replay will be available for approximately 30 days."/>
Citrix Executives to Present at Upcoming Investor Conferences
Flexpoint Sensor Systems Inc.' s patented Bend Sensor ® technology and its diverse applications across many industries. There is little doubt that sensors form the basis for the next big wave of innovation. According to Markets and Markets, the market for..."/> Covers Flexpoint Sensor Systems' (FLXT) Technology in Automotive, Healthcare, Virtual Reality, Wearables and Toy Applications

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