je.st
news
Tag: usd
Twitter files to raise USD 1 bln in IPO
2013-10-04 09:32:00| Telecompaper Headlines
(Telecompaper) Twitter as filed its general prospectus for an initial public offering of shares in the US. While the company has yet to fix how many shares it will sell or a price for the new stock, the document provides details on the messaging company's financial results for the first time. Twitter recorded revenue of USD 254 million in the first six months of this year, up from USD 122.4 million a year earlier, while its net loss swelled to USD 69 million from USD 49 million. Twitter reported an average 218.3 million monthly users in the second quarter, up 44 percent from a year earlier. Almost a quarter (49.2 million) were in the US, up 35 percent year-on-year, while users in the rest of the world were growing faster, up 47 percent to 169.1 million. The company said a good measure of its ability to monetise the service in the amount of revenue generated from each user viewing a timeline on the site or apps. This rose to USD 0.80 in ad revenue per 1,000 views in the second quarter, an annual increase of 26 percent. For the purposes of fixing a fee for the IPO filing, Twitter estimated it will raise USD 1 billion in the offering. It said it will use the proceeds to help fund general operating costs and an estimated USD 225-275 million in capital expenditure this year.
ReadSoft Signs Invoice Automation Agreement Worth Over 360,000 USD with Global Food Manufacturer
2013-10-03 06:00:00| Industrial Newsroom - All News for Today
A leading global food manufacturer has chosen ReadSoft’s SAP®-certified invoice automation solution to process paper and electronic invoices throughout its North American account payable operations. The agreement is worth 360,000 USD and was signed during the third quarter of 2013 and includes licenses, maintenance and support.<br /> <br /> With accounts payable operations decentralized across several North American plants, the company’s paper invoices were typically routed among ...This story is related to the following:Accounting & Financial Software |
Tags: food
global
agreement
worth
Blue Jeans Networks secures USD 50 mln in new funding
2013-09-18 17:23:00| Telecompaper Headlines
(Telecompaper) Global provider of interoperable video collaboration services, Blue Jeans Network has secured USD 50 million in new funding led by Battery Ventures. Blue Jeans Networks also announced that it has surpassed 2,000 business customers and three million participants consuming more than 100 million minutes annually. The new funding will accelerate the company's domestic and global market expansion and also support product innovation. The recent round of funding, led by Roger Lee of Battery Ventures, brings the total overall financing Blue Jeans has received to nearly USD 100 million. Existing investors Accel Partners, New Enterprise Associates and Norwest Venture Partners also participated in the financing. The funding will also fuel market expansion with new offices in San Francisco and new operations in Europe and Australia.
Extreme Networks buys Enterasys for USD 180 mln cash
2013-09-12 16:24:00| Telecompaper Headlines
(Telecompaper) Ethernet switching specialist Extreme Networks has entered into a definitive agreement to acquire Enterasys Networks for USD 180 million in cash. The combined entity will continue to support the product roadmaps of both companies going forward, in order to protect the investments of current customers and avoid any disruption to businesses. The companies wants to combine the ExtremeXOS and Enterasys network operating systems within two years, and so fully support both hardware platforms. Combined revenues are expected to be double that of either company alone. Significantly increased scale is expected to enable greater investments in R&D. The operating margin of the combined entity is also expected to increase over time as synergies are realised. The acquisition, excluding transaction, integration and purchase accounting related costs, is expected to be immediately accretive. The deal is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter. The acquisition was approved by the board of directors of each company. Extreme Networks has received a preliminary debt commitment to finance at least USD 75 million of the purchase price, with the balance to be funded from cash on hand. The closing of the transaction is not conditioned upon the receipt of any bank financing.
Tags: cash
networks
usd
extreme
Verizon raises USD 49 bln in bond offering
2013-09-12 09:11:00| Telecompaper Headlines
(Telecompaper) Verizon Communications has raised USD 49 billion in a bond issue to help finance its acquisition of Vodafone's stake in Verizon Wireless. The issue included USD 2.25 billion in floating-rate notes due 2016, USD 1.75 billion in floating-rate notes due 2018, USD 4.25 billion in 2.50 percent notes due 2016, USD 4.75 billion in 3.65 percent notes due 2018, USD 4.0 billion in 4.50 percent notes due 2020, USD 11.0 billion in 5.15 percent notes due 2023, USD 6.0 billion in 6.40 percent notes due 2033 and USD 15.0 billion in 6.55 percent notes due 2043. According to market reports, the issue saw strong demand, with an order book worth over USD 100 billion. This is thought to be the largest corporate bond offering on record. Verizon will pay in total USD 130 billion for the takeover, just under half of which in cash.
Tags: offering
usd
bond
raises
Sites : [154] [155] [156] [157] [158] [159] [160] [161] [162] [163] [164] [165] [166] [167] [168] [169] [170] [171] [172] [173] next »