Common Contracts
2 similar null contracts by Verisign Inc/Ca
VERISIGN, INC. AND SUBSIDIARIES PRO FORMA FINANCIAL STATEMENT INFORMATION (Unaudited)Verisign Inc/Ca • November 13th, 2009 • Services-computer programming services
On November 9, 2009, VeriSign, Inc., a Delaware corporation (the “Company”) entered into a share purchase agreement (the “Agreement”) to sell all of the issued and outstanding shares of capital stock (the “Shares”) of m-Qube, Inc. (“m-Qube”), a Delaware corporation, a wholly owned subsidiary of the Company and provider of the Company’s Mobile Delivery Gateway (“MDG”) Services, to Mobile Messenger Global, Inc., a Delaware Corporation (the “Purchaser”), for cash consideration of $1,786,449 on the closing date, consisting of $1,000,000 for the purchase of the Shares and $786,449 in connection with severance payments to be made to certain employees. The Company will also receive an amount equal to m-Qube’s working capital as of the closing date, which the parties have preliminarily estimated to be approximately $17.5 million and which will be subject to a final adjustment to reflect the actual working capital as of the closing date. The Company will indemnify the Purchaser for, among other
VERISIGN, INC. AND SUBSIDIARIES PRO FORMA FINANCIAL STATEMENT INFORMATION (Unaudited)Verisign Inc/Ca • October 29th, 2009 • Services-computer programming services
On August 24, 2009, VeriSign, Inc. (the “Company”) and certain of its foreign subsidiaries entered into an acquisition agreement (the “Agreement”) with Syniverse Holdings, Inc., a Delaware corporation (the “Purchaser”) for the sale of the Company’s Inter-Carrier Gateway, Premium Messaging Gateway, PictureMail/Integrated Multimedia Message Service (“MMS”) and Mobile Enterprise Solutions businesses (collectively, the “MMM Business,” and referred to in previous Current Report on Form 8-K filings as the VM3 Business) for a purchase price of $175.0 million, subject to fluctuations in working capital. On October 23, 2009 (the “Closing Date”), the Company completed the sale of the MMM Business to the Purchaser pursuant to the Agreement for cash proceeds of $174.5 million, after preliminary adjustments to reflect the parties’ current estimate of working capital associated with the MMM Business as of the Closing Date. The transaction will be subject to a final adjustment to reflect the actual w
