SanDisk Acquires Schooner Information Technology
SanDisk Corporation announced that it has acquired enterprise software developer Schooner Information Technology.
Archive of posts filed under the Financial category.
Moody’s Downgrades Cinram
Moody’s Investors Service announced that it has downgraded the Probability of Default Rating (PDR) for Cinram International to D from Caa3 as a result of its filing for reorganization under the Companies’ Creditors Arrangements Act (CCAA).
Sony Offloads Chemical Products Business to Japanese Government
Sony Corporation announced that it will sell its Sony Chemical & Information Device Corporation subsidiary to the Development Bank of Japan for 58.0 billion yen (US $731 million).
Seagate Invests in DensBits
Seagate Technology announced that it has made an undisclosed equity investment in DensBits, with an eye towards developing low-cost, high-performance Solid State Drives (SSD) for the consumer and enterprise markets.
Najafi Companies to Acquire Cinram
Cinram International Income Fund announced that Najafi Companies plans to acquire its assets and businesses in the United States, Canada, the United Kingdom, France and Germany.
Toronto Stock Exchange to Delist Cinram
Cinram International Income Fund announced that, as of the close of business on July 16, 2012, it will no longer be traded on the Toronto Stock Exchange.
Imation Schedules Q2 2012 Financial Results
Imation Corp. announced that it will release its second quarter 2012 financial results on July 26, 2012.
Qumu Lands Big Fish
Rimage Corporation announced that its Qumu subsidiary has signed a significantly sized contract to supply its enterprise video technology to a large company.
SENSIO Cancels Private Share Placement
SENSIO Technologies announced that it will not proceed with a planned brokered private placement of up to $5 million in common shares.
Lenders Cut Cinram Some Slack
Cinram International Income Fund announced that its first and second lien senior lenders have once again agreed to extend their waiver of certain financial covenants.
Technicolor STB Operation Files for Insolvency
Technicolor announced that its Thomson Angers SAS subsidiary (formerly Thomson Television Angers), which manufactures Set-Top Boxes (STBs), has filed for insolvency.