largely-through Archives

OpenText eyeing significant acquisition driven growth: CEO

December 9, 2015 publisher barrenechea, chief-executive, double-the-cash, facebook-at-work, largely-through, times-multiple, tour-bus, typically-buy

By Euan Rocha TORONTO (Reuters) – OpenText Corp , one of Canada’s most valuable technology companies, plans to roughly double its revenue and cash flows in the next few years largely through acquisitions, its Chief Executive Mark Barrenechea said on Wednesday. “When we look out over the next three to four years, we are looking to spend $3 billion in acquisitions, and we typically buy revenue at a 2 times multiple, so that would be $1.5 billion of acquired revenues,” Barrenechea said during an interview in Toronto. “If you just use the low end of our target margin range of 34 percent that $3 billion in acquisitions will double the cash flow of the company,” he said.

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Facebook’s Zuckerberg speaks out in support of Muslims

December 9, 2015 publisher barrenechea, bogota, chief-executive, double-the-cash, facebook, facebook-at-work, his-community, hurt-everyone, largely-through, parents-taught, paris, times-multiple, university, zuckerberg

SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg on Wednesday said he supported Muslims in his community and around the world. Muslims in the United States and abroad have been criticized in the wake of attacks in Paris and San Bernardino, California. “As a Jew, my parents taught me that we must stand up against attacks on all communities