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OpenText corporation, company of enterprise information administration options, is getting into a definitive agreement to acquire the consumer communications management (CCM) assets from HP Inc., including HP Exstream, HP Output administration, HP TeleForm, and HP LiquidOffice.
in line with OpenText, the acquisition competence it will probably now supply consumer communications administration, system automation, and document start solutions.
The transaction purchase cost is about $315 million, based on OpenText. The options being bought are expected to generate between $110 million and $125 tens of millions in annualized income.
OpenText expects this acquisition to enrich its StreamServe, OpenText MediaManager, OpenText TeamSite, and OpenText MediaBin items and permit it to more desirable serve its valued clientele via offering extra CCM capabilities in areas corresponding to authoring, workflow, and composition for multichannel doc presentment and interactive communications.
OpenText and HP Inc. whine they're additionally exploring alternatives to work collectively in the future to extend their software options to valued clientele and serve a number of needs.
For more tips, talk over with www.opentext.com.
Have a original announcement about your enterprise? Contact firstname.lastname@example.org.
SINGAPORE / SYDNEY, AUSTRALIA - Media OutReach - February 7, 2019 - Plantronics (NYSE: PLT), an audio pioneer and unified communications expertise chief, these days introduced a new native Microsoft teams video convention respond in collaboration with HP, Inc. the brand original comprehensive respond uses the HP Elite Slice for meeting rooms G2 Skype room equipment -- Audio in a position because the controller for the Microsoft groups video and content material sharing, the Polycom Trio 8500 for sound and the Polycom EagleEye IV USB camera for video capture.
Plantronics and HP beget joined forces to tackle the transforming into consumer exact of a fantastic aboriginal Microsoft teams video conferencing adventure in greater conference rooms. The HP Elite Slice for assembly rooms G2 Skype room gadget -- Audio ready enablessimplify conferences with stress-free setup, an intuitive interface, and comprises windows 10 commercial enterprise which makes working Microsoft teams conferences even simpler.
"As valued clientele migrate to Microsoft groups, Plantronics and HP created an easy Microsoft teams video conferencing adventure in higher conference rooms for employees to Make utilize of and IT pros to installation and manipulate," renowned Phil Sherburne, GM, neighborhood methods commerce community at Plantronics. "Plantronics is everyone in on Microsoft teams, and it made feel to work with HP to pick video conferencing with Microsoft groups to the next level of simplicity."
once the name is begun, the Polycom Trio 8500 takes the normal conference name experience to the subsequent stage the utilize of 8directional microphones and PolycomHD Voice know-how to convey first rate audio experiences to colossal conference rooms. The Polycom EagleEye IV USB digital camera is elementary to installation with plug and play USB capabilities, and presents 12x optical zoom and wide pan area capabilities to comply with and focal point on the speaker no breathe counted the size of the meeting area.
" groups are continually searching for tactics to simplify the video convention adventure," talked about Lorena Kubera, VP industrial Product administration at HP. "Pairing their multifarious assembly room equipment, HP Elite Slice G2 Audio-able, with the simplicity of the Polycom Trio 8500 and the EagleEye IV USB digital camera for the Polycom-HP SRS bundlecreates a seamless course to multiply productiveness and collaboration through Microsoft teams."
David Howell, time-honored manager, equipment companion Engineering at Microsoft spoke of, "Microsoft groups is the quickest starting to breathe company utility in Microsoft's history, and they proceed to peruse for brand spanking new methods consumers can pick full expertise of this efficient device for collaboration. Combining a local Microsoft groups solution with a exquisite video conferencing experience makes it more straightforward to paintingstogether, each time you need."
This original bundle is purchasable automatically in Singapore, Hong Kong, Australia and original Zealand through Ingram Micro. The bundle should be accessible in Japan by using mid-February via Synnex company, and is expected to breathe available in different APAC international locations soon after. This collaboration with HP will seem to breathe to breathe successful the current MSR offering as Plantronics is in system of transitioning from MSR to Polycom + HP SRS Bundles.
Plantronics is an audio pioneer and a pacesetter in the communications business. Plantronics technology creates wealthy, herbal, individuals-first audio and collaboration experiences so decent ideas can be shared and heard--wherever, on every occasion and however they ensue. The company's portfolio of built-in communications and collaboration options spans headsets, utility, desk telephones, audio and video conferencing, analytics and features. Their solutionsare used international by course of buyers and companies alike and are a main preference for every ilk of workspace. For additional infovisit plantronics.com.
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CenturyLink (CTL) is up 4.5% on Tuesday morning, to $14.36, after one group of analysts said they don’t view it falling any additional from Friday’s $13.74 closing cost. MoffettNathanson dropped its rate goal to $12 from $16 but raised its score to impartial from promote.
The lower back story. The wireline telecom enterprise has been a tough locality over the past few years, as faster and increasingly comparatively cheap wireless plans and original fiber-optic networks beget eaten away at exact for slower broadband services, which Make up the majority of CenturyLink’s revenues. in order to multiply its fiber footprint and profit scale, CenturyLink coughed up $35 billion to purchase stage three Communications in late 2017.
Netflix persevered to profit subscribers, however pronounced lower profit within the fourth quarter as it spends extra to fend off original competition from Disney, NBC WarnerMedia and others. WSJ’s Jason Bellini explains.
That deal got here with loads of debt, elevating CenturyLink’s leverage. continued pressure on the enterprise’s properly line, administration turnover, and dividend cuts by course of a few of CenturyLink’s closest comps led traders to flee the stock. Their fears were realized on Feb. 13, when CenturyLink announced it will scale back its dividend through more than half, sending shares down over 13% the following day.
CenturyLink shares beget now lower back impecunious 33%, after dividends, over the past three years, versus a 58% recur for the S&P 500. with the exception of dividends, the stock is down very nearly fifty one%, whereas the S&P 500 has climbed 49%.
The plot twist. The agreeable news is that CenturyLink inventory might besides beget fallen as far as it deserves. according to MoffettNathanson analyst Nick Del Deo, potentialities for components of the commerce aren’t any superior than they beget been six months ago, but after the stock has misplaced about forty% of its cost considering the fact that August, it could actually now breathe precisely pricing that in.
On Aug. 22, Del Deo downgraded CenturyLink stock to promote from impartial with a $19 rate goal, citing a challenging earnings outlook, an uncomfortable debt load, and a tall dividend payout ratio. further, once saturate synergies from the level three deal are utterly realized, opportunities to raise income margins and the foundation line will only develop into harder to find.
Shares closed Friday at $13.74 following a partial rebound from their submit-dividend drop on Thursday. regardless of his negative outlook for CenturyLink’s enterprise, Del Deo sees the possibility-reward proposition for possessing the shares as balanced at existing costs—and with a 7.2% dividend yield.
“There’s a powerful controversy to breathe made that CenturyLink is a long term structural brief and the inventory is likely to grind lower as the corporate Reaper comes closer,” Del Deo wrote in a file on Tuesday morning. “Its income losses proceed apace; those income losses will translate into bottom line erosion; realizing expected cost discounts includes execution chance; and it nonetheless consists of a major debt burden. That talked about, from a chance-reward viewpoint, they don’t view the present rate as sufficiently compelling as to proceed to warrant a sell ranking.”
moving ahead. view on the stock remains mixed—of the 18 analysts who cowl it, five provide it a buy or equivalent rating, 9 expense it impartial, and 4 whine it’s a sell.
CenturyLink plans to redirect the cash movement from its dividend prick to paying down its debt greater at once and investing in its fiber belongings. A reduce leverage will prick back the business’s possibility profile, while a more desirable fiber footprint may noiseless profit from consumer exact for faster connection speeds. still, there’s no escaping the proven fact that CenturyLink’s core enterprise is noiseless caught in secular decline.
Write to Nicholas Jasinski at email@example.com
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NEW YORK, Feb. 20, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect "every person and every(thing)", today announced six customer agreements were launched into production during the month of January 2019.
These six newly enabled customers are enterprises and communication service providers, delivering value applications and IoT services to their subscriber bases around the world, including:
"We continue to gallop signed customers from their contract backlog into production and revenue generation mode, delivering immediate value," said Vic Bozzo, Chief Executive Officer of Pareteum.
Pareteum Executive Chairman and Principal Executive Officer Hal Turner comments, "We are rapidly bringing their customers into service production, enabling them to realize their commerce plans, creating unique mobility and application software solutions. The competence to quickly accomplish everyone this, without massive infrastructure or software development cost, keeps their customers coming back for more."
About Pareteum:Millions of subscribers are connected around the world using Pareteum's Global Cloud Platform for communications, improving experiences in their lives and businesses. Pareteum's Global Cloud Platform unleashes the power of applications and mobility services, bringing secure, ubiquitous, scalable and seamlessly available voice, video, messaging and data services for their customers, making worldwide communications facilities easily accessible to everyone. Serving enterprises, telecommunications infrastructure providers, communications service providers, early stage innovators and developers, Pareteum envisions their world, each day, imagining what will be, and delivering now. For more information delight visit: www.pareteum.com.
Contractual Revenue Backlog Definition: Contractual Revenue Backlog, or just Backlog, a Non-GAAP measure is measured on a forward looking 36-month snapshot view monthly, and, is generated by each of the Company's Managed Services, Global Software Defined Cloud, and Application Exchange & Developer's Platform customers. The Pareteum multi-year Software-as-a-Service agreements embrace service establishment and implementation fees, guaranteed minimum monthly recurring fees, as well as contractually scheduled subscribers, in some cases including subscriber usage, during the term of the agreement, and, their resulting monthly contractual revenue. There can breathe no assurances that they gain the total contract revenue backlog. Timing of revenue recognition may vary from actual results.
Forward Looking Statements: Certain statements contained herein constitute "forward-looking statements" within the acceptation of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Pareteum's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Pareteum's industry, management's beliefs and inescapable assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are matter to inescapable risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Pareteum may disagree materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to station undue reliance on such forward-looking statements. Unless otherwise required by law, Pareteum besides disclaims any responsibility to update its view of any such risks or uncertainties or to proclaim publicly the result of any revisions to the forward-looking statements made here. Additional information concerning inescapable risks and uncertainties that could reason actual results to disagree materially from those projected or suggested in Pareteum's filings with the Securities and Exchange Commission, copies of which are available from the SEC or may breathe obtained upon request from Pareteum Corporation.
Pareteum Investor Relations Contacts: Ted O'Donnell Chief financial Officer +1 212 984 1096InvestorRelations@pareteum.com
Stephen Hart Hayden IR +1 917 658 7878
Carrie Howes Rayleigh Capital European- Global IR +1 416 837 0075
SOURCE Pareteum CorporationRelated Links
Nordis Technologies has enhanced the omnichannel capabilities of its Expresso™ customer communications management system by adding texting/SMS and is now offering ExpressoWallet to deliver virtual membership cards and mobile statements into the wallet applications installed in virtually everyone modern smartphones powered by Apple and Google.
The original channels enable Nordis clients in healthcare, vacation ownership, financial services, and property management to deliver the ilk of mobile communications and payment options that consumers increasingly expect: real-time, interactive and secure. Nearly two-thirds, or 64%, of consumers whine they blueprint to utilize a mobile wallet by 2020, up from 46% in 2017, according to Accenture. And 89% whine they would relish to communicate with businesses via text, according to Twilio.
“Consumers of everyone ages are increasingly using their mobile phones to manage their personal commerce and interact with brands,” said Ronnie Selinger, founder, CEO and president of Nordis Technologies. “To attract and retain the growing number of mobile customers, companies exigency to offer the experiences and tools that they want.”
The benefits of mobile alerts, access and interactions are substantial for both consumers and billers. More than 40% of consumers who receive e-statements in digital wallets with links to online payment portals pay prerogative away, eliminating missed or late payments and resulting fees, according to Walletron. For billers, consumers using digital wallet statements pay four days faster on average, with online payments overall increasing 14% and convene seat inquiries dropping 33%, Walletron says.
Nordis’ mobile options expand the menu of communication and payment channels offered through its Expresso platform and related services, which embrace customer communication composition, management, production, delivery and archive of mailed and emailed correspondence. Nordis besides offers online and IVR bill pay through its ExpressoPay electronic bill presentment and payments solution.
With Expresso’s texting feature, consumers can opt to receive information and links on their smart phones to manage their accounts and pay bills. Once authorized by consumers, Expresso users can deliver personalized text messages to their customers for everything from confirming a vacation ownership tour to alerting customers of past due balances. They besides can send links to previously created documents that are archived in Expresso.
Existing Expresso users that add the original SMS/text channel can leverage the content library, data integration and commerce rules they already utilize to create and deal mailed and emailed customer communications. An omnichannel approach that incorporates mobile caters to customer preferences, thus improving the customer experience while increasing rendezvous and prompt payments.
ExpressoWallet lets consumers add interactive billing statements to the wallet application on their mobile phone that includes real-time balance, due date and a convenient link to payment portals and other services. The digital wallet pass, which is branded by each corporate user, besides can breathe configured to present virtual membership and loyalty cards with real-time point balances, membership tier, and other account information and links for accessing membership benefits and services. It can link to existing mobile apps or serve as a cost-effective mobile alternative.
About Nordis Technologies
Nordis Technologies is a leader and innovator in providing technology solutions to solve customer communications management and payment challenges. With Nordis’ patent-pending, cloud-based Expresso application and product suite, including ExpressoPay and ExpressoWallet, businesses can quickly and efficiently create and manage faultfinding print and digital communications and payments. Nordis delivers an end-to-end solution, with state-of-the-art document production facilities that yield and mail paper communications managed through Expresso. Privately held Nordis Technologies is based in Coral Springs, Florida.For more information, visit nordistechnologies.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190212005291/en/
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Lois PadovaniFor Nordis TechnologiesPadovani Communications Inc.firstname.lastname@example.org
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When it comes to shareholder activism, it's usually the powerful that can exact change. Retail investors, they typically rate relegated to an afterthought.
But Say, the original York fintech startup, is trying to give retail investors a voice. It launched a digital platform that enables them to interact with the companies they invest in whether it's on a earnings conference call, during a product launch or at an analyst meeting.
The platform was attach to the test in late January during Tesla’s fourth-quarter earnings conference call. Say, representing 199,212 shares of Tesla stock valued at $62.7 million, submitted five questions to the green car maker on behalf of investors, everyone of which were answered by Tesla Chief Executive Elon Musk. The questions had more of a customer service bent focusing on customer service affecting financial performance, exact across products, network development, technology, and production geography.
It’s not surprising Tesla was so receptive to the idea. Despite the lack of a voice retail investors beget with the companies they invest in, they are typically consumers of the products or services they back. “This group of people who are shareholders literally bought into you, invested in you, why wouldn't you talk to them more than once year,” said Alex Lebow, co-founder of Say. “If you peruse at the system there’s a huge opportunity to bring democracy back to capitalism and bring people back in the process the course it was intended.”
Brought to investors by Acorns co-founder Jeff Cruttenden and CEO Noah Kerner, along with Julio Fredes and Lebow, Say is trying to reimagine shareholder engagement. It is among a group of fintech startups that are trying to democratize everyone aspects of finance whether that's how people invest or Make purchases. In the investment arena, they are providing low-cost access to exchange-traded funds, IPOs, stocks and even alternative investments, many of which had been closed to retail investors in the past.
Say makes its money mainly from shareholder communications, handling proxy voting for broker-dealers, but Lebow and his co-founders are besides focused on giving retail shareholders a voice and thus the platform. It aggregates the questions of shareholders in a inescapable stock and then submits it to the company as a group. Lebow sees it being used for different shareholder settings whether it's an earnings conference call, annual meeting or product launch. “Earnings calls are are a natural station to start but the platform can breathe used any time companies and shareholders desire interaction,” said Lebow, noting its platform isn’t the selfsame as sociable media or a message board because the startup authenticates the users to ensure they are really who they whine they are. “It's a constituency of retail shareholders who are supportive of management and companies. It's not just people on Twitter hashtagging about whatever they are upset about,” he said.
To date, whine raised $18 million led by Point72 Ventures, with participation from Atomico, secretive Capital, Struck Capital, Core Innovation Capital, and Plug & Play. “The course to believe about the mission of whine is its to broadly promote shareholder engagement,” said Matthew Granade, managing ally of Point72 Ventures. “We believe that owning a stock should involve you rate a voice so what they are edifice is a portfolio of tools that brokers can provide to customers that create that engagement.”
In addition to empowering broker-dealers, whine is tapping into the unrest among millennials who are fed up with the traditional course of doing things. Lebow and his team are betting the platform will resonate with the masses now more than ever because of millennials desire to beget a voice in everything from their government to the stocks they invest in. Its one of the reason so many millennials are early adopters of fintech products that level the playing realm for everyone. As of May Acorns, which enables anyone to invest, had more than 3.5 million customers.
“There’s a lot of questions in the world prerogative now about the status of American capitalism and how to Make capitalism work broadly for society,” said Granade. “Say is fraction of the answer. It resonates across political spectrums. You are the owner in these companies and it should involve something more than an economic stake.”
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