Key Developments: Datawatch Corp (DWCH.PH)
12.53USD
12 Mar 2013
$-1.67 (-11.76%)
$14.20
$12.53
$12.53
$12.53
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Latest Key Developments (Source: Significant Developments)
Datawatch Corp Announces Agreement To Acquire Panopticon
Datawatch Corp announced that it has agreed to acquire Panopticon Software AB, a privately held Swedish company specializing in the delivery of real-time visual data discovery solutions. Under terms of the definitive agreement, unanimously approved by the Boards of Directors of both companies. Datawatch will acquire all outstanding shares of Panopticon in an all-stock transaction. Based upon the closing price of Datawatch common stock as of June 14, 2013, the deal is valued at approximately $31.4 million. Completion of the transaction is expected to occur during its fiscal fourth quarter ending September 30, 2013. Full Article
Datawatch Corp And Lavastorm Analytics Announces Strategic Alliance
Datawatch Corp and Lavastorm Analytics announced a strategic alliance to provide customers the ability to expand their use of unstructured and semi-structured data sources when developing analytic applications. Full Article
Datawatch Corp Names James Eliason Chief Financial Officer
Datawatch Corp announced the appointment of James Eliason as Chief Financial Officer and Treasurer. In his new role, Mr. Eliason will lead all aspects of the Company's financial strategy and operations. Full Article
BNP Paribas Securities Services Selects Datawatch Corp To Deliver Big Data Analytics From EMC Documentum
Datawatch Corp announced that BNP Paribas Securities Services has selected Datawatch Report Mining Server (RMS) as its information optimization solution for mining and analyzing information from EMC Documentum, an industry enterprise content management platform for creating, managing and deploying business applications and solutions. The Datawatch solution is optimized to facilitate the mining and retrieval of millions of semi-structured bank documents and reports which are stored in EMC Documentum and accessed by BNP Paribas users all across Europe. As part of the selection process, EMC reviewed the Datawatch solution together with a number of competitive offerings and proposed Datawatch as the optimal solution to ensure that BNP Paribas Securities Services could continue to maximize its investment in EMC Documentum. Full Article
Audi Japan Sales Selects Datawatch Corp To Accelerate Business Processes
Datawatch Corp announced that Audi Japan Sales, retail-only subsidiary of Audi Japan, has selected Datawatch's information optimization product suite to deliver a key performance indicator (KPI) dashboard application to management and key stakeholders within the company. Full Article
Datawatch Corporation Announces CFO Resignation-Form 8-K
Datawatch Corporation reported in its Form 8-K that On July 24, 2012, Murray P. Fish resigned as Chief Financial Officer (CFO) and Vice President of Finance, effective August 15, 2012. Michael A. Morrison, Chief Executive Officer, has been designated by the Board of Directors to serve as the Company’s interim principal financial officer until a permanent Chief Financial Officer is named. Michael A. Morrison, Chief Executive Officer (CEO), has been designated by the Board of Directors to serve as the Company’s interim principal financial officer until a permanent Chief Financial Officer is named. Full Article
Datawatch Corporation Completes Purchase Of Monarch Intellectual Property
Datawatch Corporation announced that it has completed the previously announced purchase of the intellectual property underlying its Monarch Report Analytics platform from Raymond Huger, d/b/a Math Strategies. The $8.5 million purchase was funded through the combination of a $4.0 million subordinated note with warrants from Massachusetts Capital Resource Company, $1.5 million of a $2.0 million working capital loan from Silicon Valley Bank and Datawatch's cash balances. The transaction is expected to be accretive from a cash point of view as the savings in royalty payments should exceed the cash interest and additional costs. From an earnings perspective, the amortization of the intellectual property purchase and the non-cash interest expense from the warrants will result in an annual non-cash charge to earnings of $1.8 million during the 5 year amortization period of the intellectual property. Full Article
Datawatch Corporation Enters Exclusive North America Distribution Agreement With Lifeboat
Lifeboat Distribution announced the expansion of its relationship with Datawatch Corporation Effective March 7, 2012, Lifeboat became the sole North American distributor for Datawatch's Monarch Report Analytics platform. Full Article
Datawatch Corporation and Technolab Partner to Deliver Report Analytics Solutions to Organizations Throughout Latin America
Datawatch Corporation and Technolab Corporation announced today that they have signed a reselling agreement that calls for Technolab to add Datawatch's report analytics products and services to its Business Intelligence and Enterprise Performance Management solutions and capabilities in Latin America. Full Article
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