Latest Systems America Inc. (SYAI) Headlines Clou
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Cloudeeva Has Requested to Extend Timelines to Complete Acquisition of S&T AG as it Receives Cancellation of Letter of Intent
GlobeNewswire - Wed Feb 26, 9:53AM CST
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions has announced that Cloudeeva has requested to extend timelines to complete acquisition of S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) ("S&T"), one of the largest IT services and technology products provider in Central and Eastern Europe. The Letter of Intent required Cloudeeva to submit a publication by February 20, 2014 of documents detailing how the issuance of a voluntary takeover could proceed - or the steps needed to complete the transaction in a timely manner. Cloudeeva has been in extremely encouraging discussions with several highly revered institutional debt investors to finance the acquisition of S&T, although Cloudeeva has not been able to receive 100% financing commitment to launch the announcement and takeover offer by February 20, 2014 as agreed in the Letter of Intent. There are a number of debt investors who have indicated to Cloudeeva that they need more time to put together a firm commitment for financing. Cloudeeva and S&T have agreed to renegotiate terms as soon as Cloudeeva receives financing commitment from debt investors.
Cloudeeva Completes S&T AG Acquisition Due Diligence
GlobeNewswire - Wed Jan 22, 7:00AM CST
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions has completed due diligence regarding the previously announced Letter of Intent to acquire S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) ("S&T"), one of the largest IT services and technology products provider in Central and Eastern Europe. As the result of the positive pre-transaction due diligence outcome, Cloudeeva and S&T intend to move forward with completion of Definitive Documents and closing of the proposed transaction.
Cloudeeva Joins HP AllianceONE Partner Program
GlobeNewswire - Fri Dec 20, 7:00AM CST
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions and services, today announced that it has joined the HP AllianceONE program. The two companies will work together to help clients optimize infrastructure capacity and provide flexibility and agility in developing custom applications.
Cloudeeva Has Signed a Letter of Intent Considering a Voluntary Takeover Offer
Marketwire - Fri Nov 22, 9:53AM CST
Cloudeeva, Inc. (PINKSHEETS: SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions and services and S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT), have signed a Letter of Intent. The terms of the Letter of Intent is the planned submission of a voluntary takeover offer to the shareholders of S&T AG by Cloudeeva. The submission of a voluntary takeover offer is dependent -- among other things -- on the positive completion of a due diligence by Cloudeeva. The due diligence has begun today and planned to be concluded by January 2014. The Letter of Intent provides that the aggregate purchase price to be offered in the takeover offer for 100% of the shares of S&T will be EUR118 million, whereby the purchase price will be corrected (upwards or downwards) by Cloudeeva prior to the announcement if its intention to make the Offer to adequately consider S&T's consolidated financial results since December 31, 2012.
Cloudeeva Further Builds Cloud Leadership With Key Executive Appointment of Vice President -- Enterprise Cloud and Mobility Solutions Delivery
GlobeNewswire - Wed Oct 30, 6:00AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions and services, today announced the appointment of Mike Rupani in a new role of Vice President of Enterprise Cloud and Mobility Solutions Delivery. Mike is a veteran technology and management executive with deep experience in the Fortune 500 Cloud & Mobility enterprise market. He brings a broad and diverse background to Cloudeeva with strong cloud based technologies experience at Salesforce.com, as well as delivery and governance of Salesforce.com platform at Symantec.
Cloudeeva Launches New Website and Cloudeeva Brand to Highlight Its Capabilities in Cloud, Big Data, and Mobility Solutions
GlobeNewswire - Tue Oct 29, 6:00AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions and services, is pleased to announce the launch of a dynamic new website to provide consumers and investors the ability to interactively explore a range of new services. The comprehensive redesign marks the first significant overhaul and with an easily navigable directory of the Company's products and services, the new website showcases Cloudeeva's quality and commitment to customers.
Cloudeeva Announces the Appointment of Vice President of Finance and Mergers & Acquisitions
GlobeNewswire - Thu Oct 24, 6:00AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions and services, today announced the appointment of Mark Vitcov in a new role as Vice President of Finance and Mergers & Acquisitions.
Cloudeeva Announces Office Move to Accommodate Growth and Mobile Expansion
GlobeNewswire - Tue Oct 22, 7:02AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global Cloud services and Technology solutions company specializing in Cloud, Big Data, Mobility solutions and Outsourced services is pleased to announce that it has signed a lease to move to new, larger offices to expand its California offices in order to accommodate the Company's rapid growth, including particularly the expansion of our sales, marketing and mobile development team. This new San Ramon, California office would complement the Company's offices in New Jersey, Chicago, and India.
Cloudeeva Announces the Appointment of Senior Vice President of Business Development
GlobeNewswire - Tue Oct 08, 2:51PM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a global Cloud services and Technology solutions company specializing in Cloud, Big Data, Mobility solutions and Outsourced services today announced the appointment of Robert Kaleta in a new role of Senior Vice President of Business Development based out of Pleasanton, California.
Cloudeeva Appoints CCG Investor Relations to Increase Investor Awareness
GlobeNewswire - Tue Mar 26, 7:00AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company"), a premier provider of cloud computing and information technology solutions, is pleased to announce that it has appointed CCG Investor Relations ("CCG") to provide investor and corporate communications services for the Company. CCG will develop and implement a comprehensive investor relations program for Cloudeeva as well as execute market awareness initiatives to increase exposure throughout the investment community.
Systems America, Inc. Changes Name to Cloudeeva, Inc.
GlobeNewswire - Thu Mar 21, 3:50PM CDT
Systems America, Inc. (OTC:SYAI) ("Systems America" or the "Company"), a premier provider of cloud computing and information technology solutions, is pleased to announce that it has changed its corporate name to Cloudeeva, Inc. ("Cloudeeva") or the "Company"). The Company will also apply for a new ticker symbol with FINRA that will be announced shortly and is currently in process of launching a new corporate website at http://www.cloudeeva.com.