XM

(XM): Johnson Fistel Investigates Proposed Sale of Qualtrics International; Is $18.15 a Fair Price?

Retrieved on: 
Tuesday, April 11, 2023

(Silver Lake) and the Canada Pension Investment Board (CPIB).

Key Points: 
  • (Silver Lake) and the Canada Pension Investment Board (CPIB).
  • On March 12, 2023, Qualtrics announced that it has entered into a definitive agreement to be acquired by Silver Lake and CPIB, in an all-cash transaction; Qualtrics stockholders would receive $18.15 per share in cash.
  • Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially since the stock price exceeded $55.00 after the company’s IPO in January 2021.
  • Additionally, the Company has over $700 million in cash and only about $280 million in debt.

Board of Directors of Ecopetrol S.A. appoints new Chairman of Ecopetrol S.A.

Retrieved on: 
Wednesday, April 12, 2023

BOGOTA, Colombia, April 12, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that its Board of Directors, in session on April 11th 2023, appointed Ricardo Roa Barragán as CEO of Ecopetrol S.A., who will take office no later than April 30th 2023.

Key Points: 
  • BOGOTA, Colombia, April 12, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that its Board of Directors, in session on April 11th 2023, appointed Ricardo Roa Barragán as CEO of Ecopetrol S.A., who will take office no later than April 30th 2023.
  • The appointment took place after a rigorous analysis of the proposed candidates, in accordance with the Ecopetrol S.A. Chairman's Succession Policy and other applicable regulations.
  • The process of selecting and appointing the new president took place in several stages.
  • Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees.

XM Cyber Research Finds Small Number of Exposures Put More Than 90% of Critical Assets at Risk

Retrieved on: 
Monday, April 10, 2023

HERZLIYA, Israel, April 10, 2023 /PRNewswire/ -- XM Cyber, the leader in hybrid cloud security, today released the findings of its second annual research report, Navigating the Paths of Risk: The State of Exposure Management. Produced in collaboration with the Cyentia Institute, the report found that 75 percent of security exposures do not put organizations' critical assets at risk. However, while most of these exposures are not particularly relevant to an organization, there are a minimal amount of exposures that put more than 90 percent of their critical assets at risk.

Key Points: 
  • Produced in collaboration with the Cyentia Institute , the report found that 75 percent of security exposures do not put organizations' critical assets at risk.
  • XM Cyber research uncovered that 75 percent of exposures along attack paths lead to "dead ends" which cannot impact critical assets and therefore represent minimal risk.
  • Only two percent of security exposures are actually located on "choke points" - entities through which multiple attack paths converge enroute to critical assets.
  • 71 percent of organizations have exposures in their on-prem networks that put their critical assets in the cloud at risk.

Thomas D. Barry Appointed Chief Financial Officer of SiriusXM

Retrieved on: 
Tuesday, April 4, 2023

NEW YORK, April 4, 2023 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) today announced that it has appointed Thomas D. Barry, who currently serves as Senior Vice President and Controller, as the Company's next Chief Financial Officer. Effective April 28th, Mr. Barry will succeed Sean Sullivan, who is stepping down from the role of CFO to pursue another opportunity at a publicly traded company outside the industry. Mr. Sullivan's transition will be effective April 28th, following the release of SiriusXM's first quarter 2023 earnings and its quarterly earnings call. 

Key Points: 
  • Since 2009 he has served as the Senior Vice President and Controller of SiriusXM and as the Chief Accounting Officer.
  • Mr. Barry said, "I am honored to take on this role and build upon SiriusXM's strong financial foundation and leadership in audio entertainment.
  • He helped lead a strong finance organization at SiriusXM and has strengthened our bench in the financial area, which will allow for a smooth succession.
  • A webcast of the presentation will be available on the Investor Relations section of the SiriusXM website at https://investor.siriusxm.com .

Decisions of Ecopetrol S.A.'s Board of Directors

Retrieved on: 
Saturday, April 1, 2023

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees.

Key Points: 
  • Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees.
  • With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession.
  • This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects.
  • We do not intend and do not assume any obligation to update these forward-looking statements.

Qualtrics Industry Research: Real-Time Listening and Human Touch Key to Financial Services Industry

Retrieved on: 
Wednesday, March 29, 2023

Leading financial services organizations globally are investing in real-time, omni-channel listening and data analytics capabilities to stay close to customers in times of economic volatility, according to new research from Qualtrics (Nasdaq: XM).

Key Points: 
  • Leading financial services organizations globally are investing in real-time, omni-channel listening and data analytics capabilities to stay close to customers in times of economic volatility, according to new research from Qualtrics (Nasdaq: XM).
  • This means incorporating unstructured text and voice data, in addition to more traditional survey based listening, into their experience management programs.
  • While many tasks in financial services have been digitized, human interaction - especially in support of high-complexity, high-friction moments - continues to have a disproportionate influence on customer experience.
  • “It is crucial that financial services institutions look to maximize value from their customer-focused investments by harnessing data-driven insights to combat the historic challenges facing the industry.”

Ecopetrol appointed Alberto Consuegra Granger as interim CEO of Ecopetrol

Retrieved on: 
Saturday, March 25, 2023

BOGOTÁ, Colombia, March 24, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on March 24, 2023, its Board of Directors appointed Alberto Consuegra Granger as interim CEO of Ecopetrol S.A. effective from April 1, 2023, and until the date on which the successor to Felipe Bayón Pardo, who will lead the Company until March 31, as informed to the market, is appointed.

Key Points: 
  • BOGOTÁ, Colombia, March 24, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on March 24, 2023, its Board of Directors appointed Alberto Consuegra Granger as interim CEO of Ecopetrol S.A. effective from April 1, 2023, and until the date on which the successor to Felipe Bayón Pardo, who will lead the Company until March 31, as informed to the market, is appointed.
  • Alberto Consuegra Granger has more than 30 years of experience in the energy sector and joined the Ecopetrol Group in 2016 as Vice President of Supply and Services.
  • He has served as interim CEO of Cenit Transporte y Logística de Hidrocarburos S.A.S.
  • We do not intend and do not assume any obligation to update these forward-looking statements.

(XM): Johnson Fistel Investigates Proposed Sale of Qualtrics International; Is $18.15 a Fair Price?

Retrieved on: 
Thursday, March 23, 2023

(Silver Lake) and the Canada Pension Investment Board (CPIB).

Key Points: 
  • (Silver Lake) and the Canada Pension Investment Board (CPIB).
  • On March 12, 2023, Qualtrics announced that it has entered into a definitive agreement to be acquired by Silver Lake and CPIB, in an all-cash transaction; Qualtrics stockholders would receive $18.15 per share in cash.
  • Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially since the stock price exceeded $55.00 after the company’s IPO in January 2021.
  • Additionally, the Company has over $700 million in cash and only about $280 million in debt.

XM Cyber Announces Acquisition of Confluera, Adding Run-Time Protection on Cloud workloads to Extend CNAPP Capabilities

Retrieved on: 
Wednesday, March 22, 2023

XM Cyber now offers a comprehensive CNAPP (Cloud Native Application Protection Platform) solution using its unique attack path modeling to prioritize and assess real risk to the critical assets in your cloud environment.

Key Points: 
  • XM Cyber now offers a comprehensive CNAPP (Cloud Native Application Protection Platform) solution using its unique attack path modeling to prioritize and assess real risk to the critical assets in your cloud environment.
  • Classic EDRs that were originally meant for endpoint protection aren't equipped to deal with the runtime protection of cloud infrastructures.
  • The acquisition of Confluera comes less than a year after XM Cyber acquired Cyber Observer to expand its CSPM capabilities.
  • XM Cyber will be attending RSA 2023 and providing demos at their booth #1755 in the South Hall Expo.

Sarcos Signs Manufacturing Services Agreement with Jabil to Advance Production Capabilities for Sarcos Robotic Systems

Retrieved on: 
Wednesday, March 22, 2023

Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development and manufacture of advanced robotic systems that redefine human possibilities, is collaborating with Jabil Inc. , a leading manufacturing solutions provider, to expand Sarcos’ production capacity for its robotic systems and sub-systems.

Key Points: 
  • Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development and manufacture of advanced robotic systems that redefine human possibilities, is collaborating with Jabil Inc. , a leading manufacturing solutions provider, to expand Sarcos’ production capacity for its robotic systems and sub-systems.
  • Under the terms of the agreement, Sarcos will utilize Jabil’s broad manufacturing services to produce a variety of leading-edge robotic systems and sub-systems.
  • “We expect that our relationship with Jabil will advance Sarcos’ manufacturing capabilities tremendously, helping to augment our overall production capacity and enabling us to scale much faster than we could without their support,” said Kiva Allgood, president and CEO, Sarcos.
  • Sarcos anticipates that Jabil will primarily produce sub-systems for Sarcos’ commercial products this year, particularly the Guardian® XT™ dexterous robotic system and may also include the Guardian® XM intelligent robotic system and Guardian® Sea Class Robotic System .