EMC to Acquire Pi Corporation, Developer of Personal Information Management Technology
Pi Founder and CEO Paul Maritz, a Former Microsoft Executive, to Lead EMC’s New Cloud Infrastructure and Services Division
Pi Founder and CEO Paul Maritz, a Former Microsoft Executive, to Lead EMC’s New Cloud Infrastructure and Services Division
Win Marks Third Award for Maya in 2008
– Sales Grow 20 Percent to $245 Million – Operating Profit Increases 29 Percent to $36 Million – Diluted Earnings per Share Increase 35 Percent to $0.62
Exceeds Analyst Expectations
Roper expects the addition of CBORD to be immediately cash accretive. The acquisition is expected to add $0.02-$0.03 to 2008 diluted earnings per share and to increase 2009 diluted earnings per share by up to $0.10.
As announced last September, François Olivier today officially became president and chief executive officer of Transcontinental at its annual shareholders meeting. He is taking over from Luc Desjardins, who is leaving the company after eight years of loyal and productive service.
The New York Times Company’s Board of Directors today declared a regular quarterly dividend of $.23 per share on the Company’s Class A and Class B common stock.