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UXC AGREES TO CSC BUYOUT
- Tuesday, 24 November 2015
Australia-based UXC has agreed to a buyout offer from Computer Sciences Corp. That translates to about 90 cents per share. In Australian dollars, that is $1.22 per share plus a 2-cent-per share interim dividend for the half year ending December 31. The companies did not do the math but there were about 330 million shares outstanding when UXC's year ended on June 30 so that puts the deal around $297 million. The total of $1.24 per share is down from the initial $1.26-per-share offer.
ZAP HIRES ARMSTRONG AS SALES VP
- Friday, 20 November 2015
In the continuing chain of Sage employment and alumni news, Donna Armstrong last month became Global VP Sales for Zap Business Intelligence. Armstrong, who had worked at Sage since 2010, was VP of sales for X3 North America for three years until leaving month. Interesting that when I clicked on the name "Zap" in Armstrong's LinkedIn profile, it brought up an ad for a senior sales position in the United States and says that person could work from a home office and that there were four applicants.
FORMER SAGE CTO PALSULE JOINS EPICOR
- Friday, 20 November 2015
Himanshu Palsule, who served as chief technology officer of Sage North America until last month, is now head of global delivery ERP financials for Epicor Software. The new title popped up on his LinkedIn page as effective this month. He had served as CTO and head of strategy since July 2012 and had worked at Sage since 1997.
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