Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2014

Aspen Technology, Inc. (AZPN), a leading provider of software and services to the process industries, today announced financial results for its third quarter of fiscal year 2014, ended March 31, 2014.

“AspenTech delivered a strong third quarter performance that exceeded our guidance across all key metrics. Total license contract value growth year-over-year was over 13% in the third quarter as we continued to see solid customer demand and usage patterns,” said Antonio Pietri, President and Chief Executive Officer of AspenTech.

Vocus Signs Definitive Agreement to be Acquired by GTCR

April 7, 2014 - Vocus, Inc. (VOCS) (the "Company"), a leading provider of cloud-based marketing and public relations software, today announced it has entered into a definitive merger agreement to be acquired by GTCR Valor Merger Sub, Inc., an affiliate of GTCR LLC ("GTCR"), in an all-cash transaction valued at approximately $446.5 million.

Upon the terms and subject to the conditions of the agreement, GTCR Valor Merger Sub, Inc. will commence a tender offer to acquire all of the outstanding shares of Vocus's common stock for $18.00 per share, net to the holder of such share of Vocus common stock, in cash, without interest and subject to any applicable tax withholding.

Brian SolomonForbes Staff

Prepare to think inside the $BOX.

Hot online storage startup Box publicly filed for a $250 million IPO on Monday afternoon as it seeks to capitalize on a growing customer list of businesses that rely on the cloud to do more and more. In its SEC filing, Box boasts 25 million registered users and 34,000 paying organizations.

[ Read The Whole Article ]