ESIC
EasyLink Services International CorporationNASDAQ
ESIC is defunct.
  • May 1, 2012, 5:23 PM

    More on Open Text/EasyLink: Open Text touts how EasyLink's secure communications software complements its document management software. The deal is an attempt to better compete against rivals such as IBM and EMC, who sport broader product lines. Along with the merger, Open Text is reporting FQ3 revenue of $292.3M (+11% Y/Y) and EPS of $1.01, which missed consensus by $11.9M and $0.15. Like others, it blames sales execution. OTEX -3.7% AH. (PR)

    | May 1, 2012, 5:23 PM
  • May 1, 2012, 4:55 PM

    Open Text (OTEX) agrees to acquire EasyLink Services (ESIC) for ~$310M, or $7.25/share in cash, a 14% premium to today's closing price. ESIC +12.5%, OTEX -3.7% AH.

    | May 1, 2012, 4:55 PM