Latest Veramark Techs Inc (VERA) Headlines
Calero Software is Launched from the Merger of Movero, PINNACLE and Veramark
Business Wire - Mon Dec 09, 5:00AM CST
Clearlake Capital Group, L.P. today announced the formation of Calero Software, LLC ("Calero" or the "Company"), a leading provider of Communications Lifecycle Management ("CLM") software and related solutions to enterprises globally. Calero combines the business operations of Veramark Technologies, Inc. and PINNACLE, which together have more than 50 years of telecommunications expense management software experience, with Movero, a mobility management services expert, forming a trusted technology partner to more than 4,000 customers throughout the United States and in more than 40 countries.
VeraSMART(R) Wireline and Wireless Call Accounting Now Featured Within Ingram Micro's US Solution Centers
Marketwire - Fri Aug 16, 9:32AM CDT
Veramark Technologies, Inc., today announced that its VeraSMART(R) wireline and wireless call accounting software are now featured within Ingram Micro Inc.'s (NYSE: IM) Solution Centers in Buffalo, New York and Santa Ana, California.
Veramark decides to be bought by Hubspoke
M2 - Mon Jun 17, 12:45PM CDT
Veramark Technologies, Inc. (OTC: VERA) said it has terminated its merger agreement with Varsity Acquisition LLC and All Big Ten Holdings, Inc.
Veramark Terminates Merger Agreement With Varsity Acquisition LLC, Agrees to Be Acquired by Hubspoke Holdings, Inc. for $1.18 per Share in Cash
Marketwire - Mon Jun 17, 9:05AM CDT
Veramark Technologies, Inc. (OTCQB: VERA) ("Veramark"), a leading provider of Telecom Expense Management ("TEM") solutions, today announced that it has terminated its merger agreement with Varsity Acquisition LLC ("Varsity") and All Big Ten Holdings, Inc. (the "Varsity Merger Agreement"), which was previously announced on May 1, 2013 and which contemplated Varsity's purchase of all Veramark Common Stock and in-the-money options at a cash purchase price of $0.98 per share. In addition, Veramark announces that it has entered into a merger agreement with Hubspoke Holdings, Inc. ("Hubspoke") and TEM Holdings, Inc. ("Merger Sub") ("Hubspoke Merger Agreement"), pursuant to which Merger Sub has agreed to offer to purchase all of the outstanding shares of Veramark Common Stock and in-the-money options for $1.18 per share, net to the shareholders, in cash (the "Offer Price"), in each case, subject to adjustment for stock splits, stock dividends and similar events, without interest, less any applicable withholding ta
Reducing Telecom Reporting Distractions Just Got a Lot Easier
Marketwire - Mon May 20, 10:15AM CDT
Netformx(R), the leader in collaborative requirements-to-order solutions, today announced that VeraSMART(R) wireline and wireless call accounting from Veramark (OTCQB: VERA), an industry-leading provider of telecom reporting solutions, are available in its award-winning product, Netformx DesignXpert(R).
Veramark Q1 2013 revenues up slightly from 2012's Q1
M2 - Tue May 14, 10:18AM CDT
Veramark Technologies, Inc. (OTC: VERA) reported for its first quarter of 2013 revenues were USD3,846,000 increased 7% from revenue of USD3,605,000 for the first quarter of 2012.
Veramark Announces First Quarter Results
Marketwire - Mon May 13, 4:00PM CDT
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced financial results for its first quarter of 2013. Revenues for the quarter ended March 31, 2013 of $3,846,000 increased 7% from revenue of $3,605,000 for the first quarter of 2012. Net income of $20,000 for the first quarter of 2013 compared with net income of $80,000 for the same quarter a year ago. The Company also reported a 14% increase in orders from the same quarter of 2012, and an increase in its backlog of recurring revenues to $15.2M, an increase of 9% from the end of 2012. First quarter results include $193,000 of expenses associated with Veramark's proposed merger with Varsity Acquisition LLC.
GE Capital and Slate's Roadshow for Growth Hits Chicago
Business Wire - Thu May 09, 9:06AM CDT
GE Capital and Slate's Roadshow for Growth rolls into Chicago today as part of a six-month, 20-city tour that will address the issues of middle market businesses, a sector that generates $9 trillion in annual revenue and accounts for nearly 34 percent of total U.S. employment. According to new research released today by the National Center for the Middle Market (NCMM), mid-sized companies in the Chicago Designated Market Area (DMA) experienced revenue growth of 4.9% versus 2.9% for S&P 500 in 2012.*
Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Veramark Technologies, Inc. in Connection with the Sale of the Company to Varsity Acquisition LLC and All Big Ten Holdings, Inc.
Business Wire - Wed May 08, 1:39PM CDT
Levi & Korsinsky is investigating the Board of Directors of Veramark Technologies, Inc. ("Veramark" or the "Company") (OTC MKTS: VERA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Varsity Acquisition LLC and All Big Ten Holdings, Inc.
Veramark Agrees to Be Acquired by Varsity Acquisition LLC for $0.98 per Share in Cash
Marketwire - Wed May 01, 7:28AM CDT
Veramark Technologies, Inc. (OTCQB: VERA) (the "Company"), a leading provider of Telecom Expense Management ("TEM") solutions, today announced that it has entered into a definitive merger agreement with Varsity Acquisition LLC ("Varsity") and All Big Ten Holdings, Inc., a wholly-owned subsidiary of Varsity ("Merger Sub") under which Merger Sub will acquire all of the outstanding common stock of the Company, par value $0.10 per share, for $0.98 per share in cash. The $0.98 per share price represents a 38% premium over the 90-day average of the Company's shares and a 29% premium to the closing price of the Company's shares on April 30, 2013.
New Veramark management software enhances mobility tracking
M2 - Thu Mar 28, 6:23AM CDT
Veramark Technologies, Inc. (OTC: VERA) has announced the release of VeraSMART 10.4, the company's latest version of its integrated telecom management software.
Veramark Releases Next-Generation Telecom Management Software
Marketwire - Wed Mar 27, 9:00AM CDT
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, has announced the release of VeraSMART(R) 10.4, the company's latest version of its integrated telecom management software. VeraSMART 10.4 features a host of new and enhanced capabilities designed to help customers more effectively manage their telecom environment and expenses.
Veramark Announces Fourth Quarter 2012 and Fiscal Year 2012 Results
Marketwire - Tue Feb 19, 2:39PM CST
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced increased revenues and profitable financial results for the quarter and year ended December 31, 2012. Revenues of $4.0 million for the fourth quarter of 2012 increased 3% from revenues of $3.9 million for the same quarter of 2011. Revenues for the full year ended December 31, 2012 totaled $15.3 million, representing an increase of 10% from revenues of $13.9 million for the year ended December 31, 2011.
Veramark to Announce Fourth Quarter and Fiscal Year 2012 Results and Hold Conference Call
Marketwire - Fri Feb 15, 2:16PM CST
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, will issue its financial results for the fourth quarter and year ended December 31, 2012.
Veramark moves to new Georgia Operations Center
M2 - Fri Feb 08, 8:43AM CST
Telecom expense management specialist Veramark Technologies Inc (OTCQB:VERA) has relocated to bigger facilities in Georgia, the company said on Thursday.
Veramark Expands in Georgia to Accommodate Growth
Marketwire - Thu Feb 07, 2:04PM CST
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management solutions, has relocated its Georgia Operations Center into a new, larger facility in Sandy Springs, GA, a suburb of Atlanta. The move was completed in January.
Global Telecom Expense Management Market 2012-2016: To Increase Their Market Shares, the Diverse Vendors Are Increasingly Acquiring Niche Players
M2 - Mon Jan 28, 6:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/bm9553/global_telecom) has announced the addition of the "Global Telecom Expense Management Market 2012-2016" report to their offering. TechNavio's analysts forecast the Global Telecom Expense Management market to grow at a CAGR of 17.7 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in wireless expenses. The Global Telecom Expense Management market has also been witnessing the increase in acquisitions. However, the lack of awareness could pose a challenge to the growth of this market. The key vendors dominating this market space are IBM Corp., MDSL Inc., Tangoe Inc., and Vodafone Global Enterprise Ltd. The other vendors mentioned in the report are Dimension Data Holdings Ltd., Pinnacle Communication Corp., Anatole SAS, Econocom Group SA., Telesoft Corp., Movero Inc., Veramark Technologies Inc., Ezwim B.V., TNX Corp., Avotus Corp., Telefonica S.A, Wide Point Corp., Accenture plc.,
Calero Software is Launched from the Merger of Movero, PINNACLE and Veramark
Business Wire - Mon Dec 09, 5:00AM CST
Clearlake Capital Group, L.P. today announced the formation of Calero Software, LLC ("Calero" or the "Company"), a leading provider of Communications Lifecycle Management ("CLM") software and related solutions to enterprises globally. Calero combines the business operations of Veramark Technologies, Inc. and PINNACLE, which together have more than 50 years of telecommunications expense management software experience, with Movero, a mobility management services expert, forming a trusted technology partner to more than 4,000 customers throughout the United States and in more than 40 countries.
VeraSMART(R) Wireline and Wireless Call Accounting Now Featured Within Ingram Micro's US Solution Centers
Marketwire - Fri Aug 16, 9:32AM CDT
Veramark Technologies, Inc., today announced that its VeraSMART(R) wireline and wireless call accounting software are now featured within Ingram Micro Inc.'s (NYSE: IM) Solution Centers in Buffalo, New York and Santa Ana, California.
Veramark decides to be bought by Hubspoke
M2 - Mon Jun 17, 12:45PM CDT
Veramark Technologies, Inc. (OTC: VERA) said it has terminated its merger agreement with Varsity Acquisition LLC and All Big Ten Holdings, Inc.
Veramark Terminates Merger Agreement With Varsity Acquisition LLC, Agrees to Be Acquired by Hubspoke Holdings, Inc. for $1.18 per Share in Cash
Marketwire - Mon Jun 17, 9:05AM CDT
Veramark Technologies, Inc. (OTCQB: VERA) ("Veramark"), a leading provider of Telecom Expense Management ("TEM") solutions, today announced that it has terminated its merger agreement with Varsity Acquisition LLC ("Varsity") and All Big Ten Holdings, Inc. (the "Varsity Merger Agreement"), which was previously announced on May 1, 2013 and which contemplated Varsity's purchase of all Veramark Common Stock and in-the-money options at a cash purchase price of $0.98 per share. In addition, Veramark announces that it has entered into a merger agreement with Hubspoke Holdings, Inc. ("Hubspoke") and TEM Holdings, Inc. ("Merger Sub") ("Hubspoke Merger Agreement"), pursuant to which Merger Sub has agreed to offer to purchase all of the outstanding shares of Veramark Common Stock and in-the-money options for $1.18 per share, net to the shareholders, in cash (the "Offer Price"), in each case, subject to adjustment for stock splits, stock dividends and similar events, without interest, less any applicable withholding ta
Reducing Telecom Reporting Distractions Just Got a Lot Easier
Marketwire - Mon May 20, 10:15AM CDT
Netformx(R), the leader in collaborative requirements-to-order solutions, today announced that VeraSMART(R) wireline and wireless call accounting from Veramark (OTCQB: VERA), an industry-leading provider of telecom reporting solutions, are available in its award-winning product, Netformx DesignXpert(R).
Veramark Q1 2013 revenues up slightly from 2012's Q1
M2 - Tue May 14, 10:18AM CDT
Veramark Technologies, Inc. (OTC: VERA) reported for its first quarter of 2013 revenues were USD3,846,000 increased 7% from revenue of USD3,605,000 for the first quarter of 2012.
Veramark Announces First Quarter Results
Marketwire - Mon May 13, 4:00PM CDT
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced financial results for its first quarter of 2013. Revenues for the quarter ended March 31, 2013 of $3,846,000 increased 7% from revenue of $3,605,000 for the first quarter of 2012. Net income of $20,000 for the first quarter of 2013 compared with net income of $80,000 for the same quarter a year ago. The Company also reported a 14% increase in orders from the same quarter of 2012, and an increase in its backlog of recurring revenues to $15.2M, an increase of 9% from the end of 2012. First quarter results include $193,000 of expenses associated with Veramark's proposed merger with Varsity Acquisition LLC.
GE Capital and Slate's Roadshow for Growth Hits Chicago
Business Wire - Thu May 09, 9:06AM CDT
GE Capital and Slate's Roadshow for Growth rolls into Chicago today as part of a six-month, 20-city tour that will address the issues of middle market businesses, a sector that generates $9 trillion in annual revenue and accounts for nearly 34 percent of total U.S. employment. According to new research released today by the National Center for the Middle Market (NCMM), mid-sized companies in the Chicago Designated Market Area (DMA) experienced revenue growth of 4.9% versus 2.9% for S&P 500 in 2012.*
Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Veramark Technologies, Inc. in Connection with the Sale of the Company to Varsity Acquisition LLC and All Big Ten Holdings, Inc.
Business Wire - Wed May 08, 1:39PM CDT
Levi & Korsinsky is investigating the Board of Directors of Veramark Technologies, Inc. ("Veramark" or the "Company") (OTC MKTS: VERA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Varsity Acquisition LLC and All Big Ten Holdings, Inc.
Veramark Agrees to Be Acquired by Varsity Acquisition LLC for $0.98 per Share in Cash
Marketwire - Wed May 01, 7:28AM CDT
Veramark Technologies, Inc. (OTCQB: VERA) (the "Company"), a leading provider of Telecom Expense Management ("TEM") solutions, today announced that it has entered into a definitive merger agreement with Varsity Acquisition LLC ("Varsity") and All Big Ten Holdings, Inc., a wholly-owned subsidiary of Varsity ("Merger Sub") under which Merger Sub will acquire all of the outstanding common stock of the Company, par value $0.10 per share, for $0.98 per share in cash. The $0.98 per share price represents a 38% premium over the 90-day average of the Company's shares and a 29% premium to the closing price of the Company's shares on April 30, 2013.
New Veramark management software enhances mobility tracking
M2 - Thu Mar 28, 6:23AM CDT
Veramark Technologies, Inc. (OTC: VERA) has announced the release of VeraSMART 10.4, the company's latest version of its integrated telecom management software.
Veramark Releases Next-Generation Telecom Management Software
Marketwire - Wed Mar 27, 9:00AM CDT
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, has announced the release of VeraSMART(R) 10.4, the company's latest version of its integrated telecom management software. VeraSMART 10.4 features a host of new and enhanced capabilities designed to help customers more effectively manage their telecom environment and expenses.
Veramark Announces Fourth Quarter 2012 and Fiscal Year 2012 Results
Marketwire - Tue Feb 19, 2:39PM CST
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, today announced increased revenues and profitable financial results for the quarter and year ended December 31, 2012. Revenues of $4.0 million for the fourth quarter of 2012 increased 3% from revenues of $3.9 million for the same quarter of 2011. Revenues for the full year ended December 31, 2012 totaled $15.3 million, representing an increase of 10% from revenues of $13.9 million for the year ended December 31, 2011.
Veramark to Announce Fourth Quarter and Fiscal Year 2012 Results and Hold Conference Call
Marketwire - Fri Feb 15, 2:16PM CST
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management (TEM) solutions, will issue its financial results for the fourth quarter and year ended December 31, 2012.
Veramark moves to new Georgia Operations Center
M2 - Fri Feb 08, 8:43AM CST
Telecom expense management specialist Veramark Technologies Inc (OTCQB:VERA) has relocated to bigger facilities in Georgia, the company said on Thursday.
Veramark Expands in Georgia to Accommodate Growth
Marketwire - Thu Feb 07, 2:04PM CST
Veramark Technologies, Inc. (OTCQB: VERA), a leading provider of Telecom Expense Management solutions, has relocated its Georgia Operations Center into a new, larger facility in Sandy Springs, GA, a suburb of Atlanta. The move was completed in January.
Global Telecom Expense Management Market 2012-2016: To Increase Their Market Shares, the Diverse Vendors Are Increasingly Acquiring Niche Players
M2 - Mon Jan 28, 6:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/bm9553/global_telecom) has announced the addition of the "Global Telecom Expense Management Market 2012-2016" report to their offering. TechNavio's analysts forecast the Global Telecom Expense Management market to grow at a CAGR of 17.7 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in wireless expenses. The Global Telecom Expense Management market has also been witnessing the increase in acquisitions. However, the lack of awareness could pose a challenge to the growth of this market. The key vendors dominating this market space are IBM Corp., MDSL Inc., Tangoe Inc., and Vodafone Global Enterprise Ltd. The other vendors mentioned in the report are Dimension Data Holdings Ltd., Pinnacle Communication Corp., Anatole SAS, Econocom Group SA., Telesoft Corp., Movero Inc., Veramark Technologies Inc., Ezwim B.V., TNX Corp., Avotus Corp., Telefonica S.A, Wide Point Corp., Accenture plc.,
