Page 27 - Content Cloud News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Box Announces KKR-led Investment WASHINGTON (dpa-AFX) - Global investment firm KKR funds will lead a $500 million investment in Box, Inc. (BOX) in the form of convertible preferred stock. The preferred stock will be convertible into shares of Box common stock at a conversion price of $27.00 per share. The preferred stock carries a 3% dividend, which will be payable in kind or in cash, at Box's election. Upon closing of the deal, John Park, Head of Americas Technology Private Equity at KKR, will join Box's Board. Box anticipates the investment to close in May 2021. The company plans to use sub...

Mytonomy receives 2021 recognition award for growth success Share Article The Startup Weekly includes Mytonomy on its prestigious list of 2021 Software Companies to Watch. “Our team works hard every day, inspired by our amazing customers, and the power of short story, to transform healthcare. This award recognizes our deep passion and commitment, we are thrilled to be included alongside other top innovators changing their industries.” BETHESDA, Md. (PRWEB) April 05, 2021 Mytonomy, a healthcare-focused enterprise SaaS company...

PHOTO: Filip Mishevski Over the past few months, IBM news has tended to be about selling off parts of the company or staff departures. Last month, for example, rumors were circulating that Armonk, New York-based Big Blue was going to sell Watson Health. While that talk remains unconfirmed, the rationale offered at the time was it would do so to focus on the cloud. Indeed, most of the company's focus in the past few months has been on developing its cloud business. Just before Microsoft Ignite last week, IBM announced the general release of IBM Cloud Satellite. Satellite, the company explain...

Box has clearly benefited from the surge in digital teamwork during the COVID-19 pandemic, but what we are beginning to see is a mature offering that understands the challenges facing enterprise buyers.

Operator Ladies and gentlemen, thank you for standing by, and welcome to the Box Inc., Fourth Quarter Fiscal 2021 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Alice Lopatto. Please go ahead. Alice Kousoum Lopatto -- Investor Relations Good afternoon and welcome to Box's fourth quarter and fiscal year 2021 earnings conference call. On the call today we have Aaron Levie, our CEO; and Dylan Smith, our CFO. Following our prepared remarks, we will take questions. Today's call is being webcast and will also be available for r...