Key Developments: Idox PLC (IDOX.L)
50.75GBp
20 May 2013
1.00p (+2.01%)
49.75p
50.00p
51.25p
49.50p
731,107
756,423
60.00p
31.27p
Latest Key Developments (Source: Significant Developments)
IDOX Plc Announces Acquisition Of Artesys International SA For GBP2 Million
IDOX Plc announced that it has acquired Artesys International SA (Artesys), a French engineering document control software provider, for a cash consideration of GBP2 million (EUR2.4 million). Full Article
IDOX Plc Proposes Final Dividend
IDOX Plc announced that the board has proposed a final dividend of 0.40p, making a total for the year of 0.675p, a 13% increase over 2011. Full Article
IDOX plc Announces Acquisition Of FMx Limited For GBP5.6 Million
IDOX plc announced that it has acquired FMx Limited (FMx), a supplier of computer-aided facilities management ('CAFM') software, for a cash consideration of GBP5.6 million. FMx, through its CAFM Explorer product, provides facilities management software solutions to corporate, public and commercial real estate customers in over 30 countries. CAFM Explorer is a comprehensive solution to manage all aspects of an operational facility including building management, maintenance, asset tracking and cost control. FMx is based in Crawley, UK where it employs 24 staff. Full Article
IDOX plc's McLaren Software Secures Contract
IDOX plc announced that its Engineering Information Management subsidiary McLaren Software has entered an agreement to supply the McLaren Enterprise application software suite and related services to CH2M Hill in a deal worth $405,000 in the first year. The contract award, won in a competitive procurement process, includes supply of McLaren Enterprise software, professional services, maintenance and support. Full Article
IDOX plc's Engineering Information Unit, McLaren Software, Secures $2.0 Million Contract
IDOX plc announced that its engineering information management subsidiary, McLaren Software, has agreed to supply its McLaren Enterprise application software suite and related services to OXY Inc., a subsidiary of Occidental Petroleum Corporation. The contract in the first year is worth $2.0 million. McLaren will provide its Enterprise suite to OXY Inc. The software will manage global asset documentation, corporation policies and procedures, standards, and guidelines. Full Article
IDOX plc Acquires Currency Connect Holdings BV for GBP3.8 Million
IDOX plc announced that it has acquired Currency Connect Holdings BV (Currency Connect', a Dutch based grants advisory business, for a maximum cash consideration of EUR4.7 million (GBP3.8 million). IDOX will pay an initial consideration of EUR4.3 million (GBP3.5 million), with a further payment of EUR0.4 million (GBP0.3 million) in 2013 dependent on the achievement of certain performance conditions. The acquisition will be funded from IDOX's cash and existing debt facilities. Full Article
IDOX plc's Engineering Information Management Unit Wins $1.5 Million Contract In US
IDOX plc announced that its Engineering Information Management subsidiary McLaren Software has agreed to supply its application software suite and related services to Southern Company Services in the US. McLaren will supply its Enterprise application software suite to Southern Generation in a deal with an initial contract value of $1.5 million. The license agreement also allows for other divisions within Southern Company to utilise McLaren's Enterprise suite and related services for an additional cost. Full Article
IDOX plc Acquires Opt2Vote Ltd
IDOX plc announced that it has acquired Opt2Vote Ltd, one of the UK's providers of electoral managed services and democracy solutions, for a maximum cash consideration of GBP3.5 million. Opt2Vote provides expertise and knowledge across all areas of election management and specialises in the provision of managed services solutions and innovation in areas such as e-Counting and Early Voting. It is based in Londonderry, Northern Ireland. IDOX will pay an initial consideration of GBP2.7 million, with a further payment of GBP0.8 million in 2013 dependent on the achievement of certain financial performance conditions. The acquisition will be funded from IDOX's cash and debt facilities. Full Article
IDOX plc Division Secures New Contract
IDOX plc announced that its Information Solutions division has won a five-year contract to manage the Information Service of the Greater London Authority (GLA). The contract is worth £800,000 across the five-year period and commenced in January 2012. IDOX will focus on delivery of the GLA's intelligence function, supporting evidence-based decision and policy making across the capital. Full Article
IDOX plc Sees FY 2011 EBITDA, Profit In Line And Well Ahead Of FY 2010-DJ
Dow Jones reported that IDOX plc ended its trading year strongly and expects to report EBITDA and normalized pre-tax profit in line with market expectations for fiscal 2011, and well ahead of fiscal 2010. The Company reported EBITDA of GBP8.72 million and pre-tax profit of GBP8.01 million in fiscal 2010. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of GBP11.35 million and pre-tax profit of GBP10.45 million for fiscal 2011. Full Article
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