Selectica, the San Jose developer of contract-management software, said Wednesday that it is delaying the release of its fiscal 2009 fourth quarter and full-year financial results as the company reviews the accounting for the sale of its Indian subsidiary.
That sale, described in a press release on April 6, involved Read the rest of this entry »
Selectica has a new major investor that put the San Jose developer of contract-management software on notice Thursday that it will likely be hearing more from it in the near future.
Trilogy of Austin, Texas, through its principal business Versata Enterprises, a provider of “enterprise software products and services”, revealed Friday having acquired a 5.1 percent stake in Selectica after spending Read the rest of this entry »
Selectica got some good news sent its way earlier this month from the San Francisco office of the Securities and Exchange Commission, which told the company that an informal investigation it had undertaken into the company’s past stock option granting practices “has been terminated, and Read the rest of this entry »
Selectica’s replacement CEO, Robert Jurkowski — who took over after the previous CEO was fired back in August because of his involvement with backdating when he served as chief financial officer — has quit and resigned from the board as well, where he was chairman.
The board will now be co-chaired by Read the rest of this entry »
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