Remove Acquisition Remove Layoffs Remove Sales Remove Software
article thumbnail

THQ Details Buyers, Numbers After Fire Sale

socalTECH

Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development. READ MORE>>.

THQ 153
article thumbnail

Kofax To Sell Hardware Business, Cut Staff

socalTECH

Irvine-based Kofax , a provider of document management software and hardware, said Sunday that it is selling its hardware business to a German private equity firm, and cutting staff. In addition to the sale, Kofax said it is taking a charge of $2.6M In addition to the sale, Kofax said it is taking a charge of $2.6M

Equity 145
article thumbnail

Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

—Boston’s PureTech Health, which conceives and launches life science companies, unveiled Sonde Health , which is developing software that listens for warning signs of depression in people’s speech patterns. Analysts wondered if the Tesaro news would push Medivation’s acquisition price higher.