je.st
news
Tag: mln
Vonage to buy Vocalocity for USD 130 mln
2013-10-10 13:59:00| Telecompaper Headlines
(Telecompaper) VoIP provider Vonage has agreed to acquire privately-held Vocalocity, a provider of UCaas services to SMEs, for USD 130 million, including USD 105 million in cash and USD 25 million in Vonage stock. The transaction is expected to add to adjusted earnings per share from 2015. The transaction is expected to close in the fourth quarter. Upon closing, Vocalocity CEO Wain Kellum will join Vonage as president, Business Services, and become a member of the company's senior leadership team. Vonage expects to achieve synergies from network operations and the use of technology for serving customers. Synergies in 2015 are estimated to be recurring and in the high single-digit million dollar range. Vocalocity reported first-half revenue up 39 percent year-on-year to USD 28 million, with an annual run rate of more than USD 56 million. Vonage will finance the transaction through cash and credit. The company expects to complete its USD 100 million share buyback programme by the end of next year, as planned.
UPDATE 1-Japan's Toray targets cheaper carbon fiber market in $584 mln Zoltek buy
2013-09-27 09:16:22| Chemicals - Topix.net
Japan's Toray Industries Inc, maker of advanced fibers used in Boeing Co's 787 Dreamliner jet, will buy U.S.-based Zoltek Companies Inc in a move to tap into the lower end of the growing global market for carbon fibers.
Tags: buy
market
update
carbon
UN study finds 200 mln fewer women online than men
2013-09-23 07:27:00| Telecompaper Headlines
(Telecompaper) There are currently 200 million fewer women online than men, and the gap could grow to 350 million within the next three years if action is not taken, according to a report released by the UN Broadband Commission Working Group on Broadband and Gender. The report shows that around the world, women are coming online later and more slowly than men. Of the world's 2.8 billion internet users, 1.3 billion are women, compared with 1.5 billion men.
Sanofi in $40 mln settlement over obesity drug linked to suicidal thoughts
2013-09-20 04:32:19| Biotech - Topix.net
Sanofi SA has reached a $40 million settlement of a U.S. lawsuit accusing the French drugmaker of misleading investors about the safety of a weight loss pill that a U.S. regulatory panel linked to suicidal thoughts.
Ford to invest C$700 mln in Ontario plant as car demand surges
2013-09-19 22:37:26| Auto Dealers - Topix.net
Ford Motor Co said it would invest C$700 million in its Oakville assembly plant in Canada to boost its North American manufacturing capacity as demand for cars surges to pre-recession levels.
Sites : [143] [144] [145] [146] [147] [148] [149] [150] [151] [152] [153] [154] [155] [156] [157] [158] [159] [160] [161] [162] next »