Notable Mergers and Acquisitions of the Day 9/4: OTEX/CAPA, THRM, RHT
More News related to CAPA
- Open Text and Captaris merger completed
- Morning Movers 10/28: Apria (AHG) Higher on Expected Merger Closing, PAREXEL (PRXL) Sinks On Guidance
- Standard & Poor's Announces Changes to U.S. Indices
- After-Hours Movers 10/27: Buffalo Wild Wings (BWLD) Lower After Results, Harmonic (HLIT) Higher
- S&P Announces Changes to US Indices (RGA for AHG, CRI for CAPA, HOMB for VITL)
More News related to OTEX
- Open Text Recognized In Top Independent Analyst Firm's Report on ECM
- Open Text, Deloitte Canada Pen Alliance for Enterprise Content Management Solutions
- Open Text Introduces Roadmap for eDOCS Customers, Plans to Further Align with the Latest Microsoft Technologies
- Open Text to Host Analyst Briefing at Annual Users' Conference
- BMO Downgrades Open Text (OTEX) to Market Perform
More News related to RHT
- Morning Movers 12/04: Merck (MRK) Lower On Guidance, Amazon.com (AMZN) Higher On Upgrade
- Red Had (NYSE:RHT): Jeffco upgrade to Buy; Cisco relationship on tap?
- Jefferies & Co Upgrades Red Hat (RHT) to Buy
- Scania Expands Use of Red Hat Enterprise Linux Advanced Platform for Virtualization Capabilities
- Red Hat to Webcast Results for Third Quarter Fiscal Year 2009
More News related to Special Reports
- After-Hours Movers 12/05: Actuate (ACTU) Up On Higher Tender Offer, RF Micro (RFMD) Lower on Guidance
- Trading Radar for 12/05: Big Lots (BIG), Flow Int'l (FLOW), Blyth (BTH) Report; Nonfarm Payrolls, Unemployment Rate, Consumer Credit Due
- Unusual 11 Mid-Day Movers 12/04: DXCM, TLB, PRKR, PSS Higher; CRUS, DMND, ITWO, DDMX Lower
- Notable Analyst Rating Changes 12/04: AMZN, YRCW, GPN, TRI Upgraded; DMND, DOX, FMCN, ISIL Downgraded
- Morning Movers 12/04: Merck (MRK) Lower On Guidance, Amazon.com (AMZN) Higher On Upgrade
- Open Text Corporation (NASDAQ: OTEX) agreed to acquire Captaris, Inc. (NASDAQ: CAPA) for 131 million in total, or $4.80 per share.
The companies expect the transaction to close by the end of the calendar year, subject to customary closing conditions, including approval by Captaris's shareholders and anti-trust approvals.
- Thermage, Inc. (Nasdaq: THRM) determined to reject the previously announced unsolicited, non-binding proposal to acquire Thermage for $5.50 per share and that Thermage will not enter into discussions with the third party regarding its alternative acquisition proposal to the pending merger with Reliant Technologies, Inc. The Thermage Board determined to pursue closing the Reliant transaction as soon as possible.
- Red Hat, Inc. (NYSE: RHT) announced the acquisition of Qumranet, Inc. The acquisition includes Qumranet's virtualization solutions, including its Kernal Virtual Machine platform and SolidICE offering, a virtual desktop infrastructure, which together present a comprehensive virtualization platform for enterprise customers. In addition, Qumranet's talented team of professionals that develop, test and support Qumranet solutions, and its leaders of the open source community KVM project, will join Red Hat.
This acquisition advances Red Hat's efforts to transform the virtualization market and drive comprehensive virtualization technology and management solutions into every system, from servers to desktops, on both Linux and Windows.
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