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Showing posts with label senior. Show all posts
Showing posts with label senior. Show all posts

Monday, August 13, 2012

Broadcom Corporation to Offer Senior Notes

Press release:


Broadcom Corporation to Offer Senior Notes

IRVINE, Calif., Aug. 13, 2012 /PRNewswire/ -- Broadcom Corporation (Nasdaq: BRCM) today announced its intention to offer, subject to market and other conditions, approximately $500 million of senior notes pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act").  The final amount of the offering will be determined by Broadcom in light of market and other conditions.
Broadcom expects to use the net proceeds from the offering for general corporate purposes, which may include repayment of Broadcom's 1.500% Senior Notes due 2013.
This notice does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a private offering memorandum. The senior notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United Statesabsent registration or an applicable exemption from registration requirements. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

Friday, August 10, 2012

Nuance Prices $700 Million Offering of 5.375% Senior Notes

Press release:


BURLINGTON, Mass., – August 9, 2012 – Nuance Communications, Inc., (NASDAQ: NUAN) today announced the pricing of an offering of $700.0 million aggregate principal amount of its 5.375% senior notes due 2020 (the "Notes"). The Notes are being offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed on a senior, unsecured basis by substantially all of Nuance’s domestic subsidiaries. The sale of the Notes is expected to close on August 14, 2012, subject to the satisfaction of customary closing conditions. Interest on the Notes will accrue at a rate of 5.375% per year, and will be payable in cash semi-annually in arrears, beginning on February 15, 2013.

The Notes will mature on August 15, 2020, unless earlier repurchased or redeemed. Holders may require Nuance to repurchase their Notes upon the occurrence of certain change of control events at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any.

The aggregate net proceeds to Nuance from the offering of the Notes will be approximately $687.6 million. Nuance intends to use the net proceeds for acquisitions and general corporate purposes, including working capital and capital expenditures.

This announcement is neither an offer to sell nor a solicitation to buy any of the foregoing securities, nor shall there be any sale of the securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The Notes will not be registered under the Securities Act, or any state securities laws, and may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

Nuance Communications, Inc. (NASDAQ: NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance’s proven applications. For more information, please visit www.nuance.com.

Tuesday, March 13, 2012

News Release from Compuware - New eBook

Compuware Launches New eBook: Java Enterprise Performance

DETROIT, March 13, 2012 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR), the technology performance company, today announced the availability of Java Enterprise Performance, a new online eBook authored by technology experts at the Compuware dynaTrace® Center of Excellence. Java Enterprise Performance is a free resource for IT senior managers, team leaders and practitioners responsible for the performance of business-critical applications. To start reading, visit: http://book.dynatrace.com.

The online book is a comprehensive compilation of state-of-the-art approaches, best practices and pragmatic solutions to support application performance management and optimization initiatives throughout the lifecycle of systems from pre-production to production, encompassing all stakeholders: architecture, development, test, deployment and production teams.

"As businesses rely more than ever on applications, application performance management (APM) has become a top operational priority; performance delays of just two seconds can cause a revenue loss of 4 percent," said Alois Reitbauer, co-author and dynaTrace Technology Strategist. "As interest in application performance grows, more people want to further their careers in this field. Our eBook provides a pragmatic reference for those who are passionate about application performance and accountable for improving it."

All key topics covered in Java Enterprise Performance — from application performance concepts and memory management to hot issues such as cloud, virtualization and more — will empower architects, developers, test and operations teams to understand, measure and optimize the performance of Java-based technologies and meet the challenges they currently face in complex enterprise environments. The eBook is being published online with new chapters added monthly. 

The first two chapters are available today:

·         Chapter One —Application Performance Concepts: considers how to become performance experts. Besides technical expertise, IT leaders need a solid understanding of how performance and scalability works. The chapter reviews how to collect and interpret data properly and which performance data is needed in a variety of use cases.
 
·         Chapter Two —Memory Management: addresses the fact that memory management is often a major contributor to application performance problems. It highlights the inner workings of memory management and garbage collection to help understand memory-related performance problems such as memory leaks or excessive garbage collection, where they come from and how to optimize applications accordingly.
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The authors, all members of the dynaTrace APM Center of Excellence, include: Alois Reitbauer, Andreas Grabner, and Michael Kopp. They regularly share insight and expertise with a community of over 100,000 performance professionals at about:performance (http://blog.dynatrace.com). This online book contains more than 30 years of their combined knowledge in the application performance field. The authors have worked building large-scale applications and performance tools, developed numerous training courses and are regular speakers at leading software conferences worldwide on performance-related topics.