Tag: Provider

Enterprise security software provider Intrusion sets terms for $44 million Nasdaq uplisting

By iwano@_84

Intrusion, which provides a family of software products for enterprise security, announced terms for its IPO on Monday.

The Richardson, TX-based company plans to raise $44 million by offering 3.1 million shares (35% insider) at $14.32, the last close of its shares on the OTCQB (INTZ). At the proposed price, Intrusion would command a market value of $242 million. 

Intrusion develops, markets, and supports a family of entity identification, high speed data mining, cybercrime and advanced persistent threat detection products. Its end-user customers include US federal government entities, state and local government entities, large and diverse conglomerates, and manufacturing entities, among others. Its product families include TraceCop, a database of worldwide IP addresses, registrant information, and their associations; Savant, a high speed network data mining and analysis hardware and software product; and Shield, which is currently in development to be a next generation intrusion detection and protection solution.

Intrusion

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Nintex to acquire low-code process automation provider K2 Software

By iwano@_84

The process management and automation company Nintex is bolstering its portfolio with the addition of K2 Software, a digital process automation software provider. 

With K2 Software, Nintex hopes to help more than 10,000 customers with 50% of the Fortune 500, and generate over $200 million in annual recurring revenue.

“We are excited to be bringing together leading innovators in the digital process automation software market,” said Nintex CEO Eric Johnson. “Upon closing, Nintex and K2 customers and partners will benefit from an even broader range of process management and automation solutions. The combination of our respective development teams will further accelerate our pace of innovation in this growing market.” 

Nintex is known for its process platform that enables users to visually map and manage business processes as well as accelerate digital transformation. The Nintex Platform features process mapping, process collaboration, digital forms, mobile apps, advanced workflows, robotic process automation,

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VMware to acquire automation software provider SaltStack

By iwano@_84

VMware said Tuesday that it plans to acquire SaltStack, makers of event-driven automation software, to bolster its cloud portfolio. Financial terms of the deal were not immediately disclosed. 

VMware announced the acquisition alongside a bevy of platform and product updates timed to the company’s virtual VMworld event this week.

SaltStack is the company behind the hugely popular Salt open-source software, which is used by IT admins to handle a range of remote execution tasks. By acquiring SaltStack, VMware said it will be able to extend its automation capabilities beyond infrastructure to the software and packages inside virtual machines and containers. 

The company also intends to use SaltStack to enhance its vRealize cloud management software suite with end-to-end automation and integrated configuration management.

“These software configuration management capabilities will help us address the full spectrum of customers’ automation needs and further strengthen customers’ ability to automate the deployment and configuration of

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Hacked software provider acknowledges ransomware attack

By iwano@_84

Updated

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Hacked software provider won’t say if ransomware involved

By iwano@_84

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The sign for Tyler Technologies is seen outside the company’s offices, Thursday, Sept. 24, 2020, in Plano, Texas. The major U.S. provider of software services to state and local governments, including the online publishing of election results, has told customers that an unknown intruder broke into its phone and IT systems. Plano, Texas-based Tyler Technologies told customers in an email that it discovered the breach and contacted law enforcement and enlisted outside cybersecurity help.

AP

A day after informing customers that it had been hacked by an unknown intruder, a major U.S. provider of software services to state and local governments —including posting election data online— said the impact appeared limited and there is no reason to believe its customers were affected.

Tyler Technologies’ website remained offline Thursday, and questions sent to a media email address provided by a person who answered the phone at the company’s

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Hacked software provider won’t say if ransomware involved

By iwano@_84

Updated

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A software provider to U.S. counties says it was hacked

By iwano@_84

A major software supplier to U.S. city and county governments has been hacked, the company said in an email to government clients.

The Plano, Texas-based Tyler Technologies, which provides software and network services to dozens of counties and cities across the country, became aware of a “security incident” to its information technology systems Wednesday, Chief Information Officer Matt Bieri said in an email to clients reviewed by NBC News.

The email didn’t specify the nature of the attack, but there is an indication that Tyler Technologies was infected with ransomware, which locks down computer networks and demands users pay up to access their files.

The company’s website on Thursday stated that it “is in the process of responding to a security incident involving unauthorized access to our internal phone and information technology systems by an unknown third party.”

The company focuses on providing administrative and tax services to counties. And

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Software provider to state and local governments hacked

By iwano@_84

DALLAS (AP) — A major provider of software services to state, county and local governments, including the online publishing of election results, told customers Wednesday that an unknown intruder broke into its phone and information technology systems.

Tyler Technologies, a Plano, Texas-based S&P 500 company, said in an email to customers that it discovered the breach Wednesday morning, contacted law enforcement and enlisted outside cybersecurity help. It did not say whether ransomware may have been involved.

Tyler provides software services for everything from jail and court management systems to payroll, human resources, tax and bill collection and land records. It also serves schools.


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County governments in the Seattle, St. Paul, Minnesota, and Nashville areas have used the Tyler’s software Socrata to share election data in the past, although it was

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financial infrastructure and service provider Computer Age Management Services IPO Subscribed 47 Times

By iwano@_84

CAMS provides dividend processing, transaction and investor interface services to the BFSI sector.

The Rs 2,242-crore IPO of Computer Age Management Services (CAMS) received a strong response from the investor community. The public offer of the financial infrastructure and service provider was subscribed as much as 46.93 times, with the retail category being subscribed 5.44 times, qualified institutional buyers portion attracting subscription of 73.18 times and non-institutional investors category, 111.85 times. The shares will be listed on the BSE on October 1, 2020.

Computer Age Management Services’ IPO had opened on September 21 and closed at 5:00 pm today i.e. September 23. The IT services firm has fixed the price band at Rs 1,229-1,230 per share and at the higher end of the price band, the public offer will garner Rs 2,242 crore. The shares will have a face value of Rs 10 per share.

The IPO is an offer-for-sale

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Vela Named Best Low-Latency Data/Technology Provider

By iwano@_84

WatersTechnology recognises SuperFeed in the Inside Market Data Awards

Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, has won the Inside Market Data award for Best Low-Latency Data/Technology Provider. This category honours the trading technology firm that delivers trading advantages through the provision, facilitation, and transportation of low-latency market data.

The awards were announced virtually on Friday. Hosted by WatersTechnology, the Inside Market Data Awards and Inside Reference Data Awards recognise industry excellence within market data, reference data and enterprise data management.

Vela’s SuperFeed is a fully-managed, low-latency market data feed that delivers high-quality, normalised real-time data via a single source with industry-leading levels of performance, availability, and reliability. Offering an exceptional blend of fast delivery and a scalable solution, SuperFeed is designed to simplify and speed up clients’ access to data and is available from Vela’s data centres and via all major

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