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ReadSoft Signs Invoice Automation Agreement Worth 480,000 USD with North American Oil and Gas ...
2014-08-15 06:00:00| Industrial Newsroom - All News for Today
One of the largest independent oil and gas producers in the US has selected ReadSoft’s SAP®-certified invoice automation application to streamline its AP operations and enable greater processing efficiencies. The agreement was signed during the third quarter and is worth 480,000 USD.<br /> <br /> The company recognized a need for an automated workflow application, and ultimately selected ReadSoft’s SAP-certified PROCESS DIRECTOR for Accounts Payable (AP), due to the ...This story is related to the following:Accounting & Financial Software |
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Lookout raises USD 150 mln to target business market
2014-08-13 16:27:00| Telecompaper Headlines
(Telecompaper) Mobile security software developer Lookout has raised another USD 150 million in financing to help expand its products to large companies. Lookout already counts over 50 million consumer users, including millions of paying customers. Its growth has been supported by strategic relationships with mobile operators such as Deutsche Telekom. The company will use the new funds to extend its reach to large enterprises through new product development and expanded go-to-market efforts. The financing was led by investment funds managed by T. Rowe Price Associates and includes participation from new investors Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs and Bezos Expeditions. Existing investors Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz also participated.
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Telstra invests USD 270 mln, increases Ooyala stake to 98%
2014-08-12 08:16:00| Telecompaper Headlines
(Telecompaper) Telstra has agreed to acquire US-based video streaming and analytics provider Ooyala. Telstra will invest around USD 270 million to increase its ownership in Ooyala from 23 percent (fully diluted) to 98 percent. This amount adds to the USD 61 million previously invested in Ooyala over the past two years. The transaction is subject to customary closing conditions, including the receipt of US regulatory approvals, and is expected to be completed in the next 60 days.
Airtel sells Infratel stake for USD 350 million
2014-08-08 13:23:00| Telecompaper Headlines
(Telecompaper) Indian mobile telephony operator Bharti Airtel has raised around INR 21.4 billion (approximately USD 349.6 million) from a share sale in its unit Bharti Infratel. Via this move, Airtel sought to comply with a rule that requires listed companies to have a minimum 25 percent public shareholding. Before the sale, Airtel held a 79.4 percent stake in its mobile tower unit Bharti Infratel. Airtel sold a 4.5 percent Infratel stake on the open market.
North America Coaxial Cable Market Is Expected To Reach USD 3.1 Billion By 2018: Transparency Market Research
2014-08-05 09:43:40| rfglobalnet News Articles
Transparency Market Research published a new market research report titled as, “Coaxial Cable Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018.” According to this report, North America’s coaxial cable market is expected to reach a value of USD 3.1 billion by 2018, at a CAGR of 7.2% from 2012 to 2018.
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