AXW

Axway Announces Entering Into Exclusive Discussions to Acquire Most of Sopra Banking Software Activities

Retrieved on: 
Wednesday, February 21, 2024
Technology, Mobile, Wireless, Banking, Other Technology, Professional Services, Software, Internet, Data Management, Other Professional Services, Acquisition, Investment banking, Prospectus, Person, OEM, API management, Growth, AMF, GMT, Organization, AXW, Sopra Steria, DNA, SBS, Partnership, Risk management

Axway (Paris:AXW) today announces entering into exclusive discussions regarding the potential acquisition of most of Sopra Banking Software (“SBS”) activities, which are currently part of Sopra Steria Group.

Key Points: 
  • Axway (Paris:AXW) today announces entering into exclusive discussions regarding the potential acquisition of most of Sopra Banking Software (“SBS”) activities, which are currently part of Sopra Steria Group.
  • Axway would acquire the SBS activities concerned by the operation for an enterprise value of €330m.
  • Sopra Steria granted exclusive rights to Axway and Sopra GMT to negotiate the envisaged transactions.
  • Pierre Pasquier, Chairman of Axway, Sopra Steria and Sopra GMT, declared:
    "Axway's proposed acquisition of most of SBS's activities represents an undeniable strategic opportunity for both companies.

Axway Software: Preliminary Annual Results

Retrieved on: 
Thursday, January 25, 2024
Software, Technology, Networks, Other Technology, AXW, AMF, Person

Axway (Paris:AXW) today announces preliminary annual results ahead of expectations for the fiscal year ended December 31, 2023.

Key Points: 
  • Axway (Paris:AXW) today announces preliminary annual results ahead of expectations for the fiscal year ended December 31, 2023.
  • Current estimates, which are still being audited, indicate that the company is exceeding its organic growth and profitability guidance for the year.
  • As anticipated, the comparison basis of bookings and revenue for Q4 2022 was not matched in Q4 2023.
  • As a reminder, Axway will publish and present its detailed annual results on February 21, 2024 after market closing.

Axway Software: Upward Revision of 2022 Annual Targets

Retrieved on: 
Thursday, January 26, 2023
Technology, Security, Other Technology, Software, Networks, Internet, Data Management, IOT (Internet of Things), Consumer Electronics, Web3, Bank statement, Growth, Person, Communication, AXW, AMF, Rationalization, Cryptocurrency, Axway Software

Axway (Paris:AXW) today announces an upward revision of its organic growth and profitability guidance for the fiscal year ended December 31, 2022.

Key Points: 
  • Axway (Paris:AXW) today announces an upward revision of its organic growth and profitability guidance for the fiscal year ended December 31, 2022.
  • While the company will present its detailed annual results on February 22, 2023, as planned, current unaudited estimates indicate that the previously communicated targets for 2022 should be exceeded.
  • This performance is explained by the historically high level of activity recorded by the company at the end of year.
  • “Thanks to an exceptional year-end dynamic, Axway achieved a record sales level in Q4 2022, allowing us to raise our annual targets.

Axway Software: 2022 Strategic Portfolio Refocusing Objective Achieved

Retrieved on: 
Monday, October 24, 2022
Software, Technology, Other Technology, Data Management, API, AMF, Growth, MFT, Catalog, Person, Goal, Statutory auditor, Company, APIM, Board, Board of directors, AXW, Solution, Risk management, Axway Software

Axway (Paris:AXW) today announces that it has achieved its 2022 objective to rationalize its product portfolio thanks to several operations carried out in recent months.

Key Points: 
  • Axway (Paris:AXW) today announces that it has achieved its 2022 objective to rationalize its product portfolio thanks to several operations carried out in recent months.
  • During 2022, we have been working on refocusing our product strategy to enable us to concentrate more effectively on the strengths within our portfolio, which are our MFT, B2B, Amplify APIM and Axway Financial Accounting Hub offerings.
  • As we intended, several of these non-growing and/or unprofitable products have been subject to strategic actions.
  • Axway enables enterprises to securely open everything by integrating and moving data across a complex world of new and old technologies.

Axway Software: Q3 2022 revenue of €67.5m, ARR up 6.6%

Retrieved on: 
Thursday, October 20, 2022
Software, Technology, Other Technology, Data Management, Adoption, API, Time, ERP, Growth, MFT, B2B, TCV, Forrester, Partnership, Decision-making, Company, Amplification, AXW, Marketing, Fine chemical, Video game, Euronext, Axway Software

During the first 9 months of the year, Axway (Euronext: AXW.PA) (Paris:AXW) confirmed the ramp-up of its cloud-based subscription offerings.

Key Points: 
  • During the first 9 months of the year, Axway (Euronext: AXW.PA) (Paris:AXW) confirmed the ramp-up of its cloud-based subscription offerings.
  • At product level, Axway continued to deploy its strategy focused on its key offerings.
  • Additionally, at the end of August, Axway was positioned as a Leader in The Forrester WaveTM API Management Solutions, Q3 20222.
  • The transition to a stable recurring revenue model from a traditional license business is a significant challenge, as seen again this year with the irregular revenue recognition were experiencing.

Axway Software: Q1 2022 Revenue of €66.9 Million, Above Forecasts

Retrieved on: 
Thursday, April 28, 2022
Software, Technology, Other Technology, Data Management, Contract, MFT, B2B, Amplification, AXW, TCV, Accenture, Rationalization, Marketing, Growth, Video game, Music, Euronext

In Q1 2022, Axway (Euronext: AXW.PA) (Paris:AXW) made a good start to the year by continuing to accelerate its move towards a business model based primarily on subscription contracts.

Key Points: 
  • In Q1 2022, Axway (Euronext: AXW.PA) (Paris:AXW) made a good start to the year by continuing to accelerate its move towards a business model based primarily on subscription contracts.
  • Over the period, new contract signatures exceeded internal forecasts and revenue was above analysts' expectations.
  • The decrease in revenue compared to Q1 2021 is mainly due to the success of the subscription contracts managed by Axway in the cloud on behalf of its customers, which, unlike subscription contracts managed by the customers themselves, do not result in the early recognition of upfront revenue.
  • As a result, several of the most important subscription deals signed during the period will only have an impact on revenue growth in the coming quarters.

Axway Software: Q3 2021 Revenue of €69.8 Million, in Line with Annual Targets

Retrieved on: 
Wednesday, October 20, 2021
Technology, Finance, Other Technology, Professional Services, Software, Networks, Internet, Data Management, Other Professional Services, AXW, Information, API, Solution, History, Leadership, Research, Marketing, Investment, Amplification, Growth, AIS, MFT, Fine chemical

In Q3 2021, Axway (Euronext: AXW.PA) (Paris:AXW) saw its business slow down slightly compared to the previous year.

Key Points: 
  • In Q3 2021, Axway (Euronext: AXW.PA) (Paris:AXW) saw its business slow down slightly compared to the previous year.
  • The new growth in Subscription activity over Q3 2021 was not sufficient to offset the contraction in License, Maintenance and Service activities.
  • This forecasted slowdown in quarterly activity just confirms the company's annual growth and profitability targets.
  • The rebound observed in Q3 2020, when the global health situation was gradually improving, represented a high comparison basis for Axway.