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VOLT INFORMATION SCIENCES, INC. (VISI) Create: Alert

All | News | Filings
Date FiledTypeDescription
10/30/2017 8-K Asset disposition
Docs: "Assignment and Consent, entered into by and among Volt Funding Corp., Volt Information Sciences, Inc., P/S Partner Solutions, Ltd., Volt Management Corp., VMC Consulting Corporation, Volt Canada Inc. and PNC Bank, National Association",
", October 30, 2017 – Volt Information Sciences, Inc. , an international provider of staffing services and managed service programs, today announced that it has completed the sale of its quality assurance testing business, a part of its Technology Outsourcing Services and Solutions segment, for $66.4 million in cash to Keywords International Limited. The business, known in the industry as VMC, provides production development, QA testing and customer support to companies primarily in the video gaming and mobile industries. Volt previously announced on October 24, 2017 that it had entered into a definitive agreement to sell the business. “We are very pleased to close this value-creating deal. The sale of VMC, which represented approximately 5% of Volt’s global revenues, generated roughly $64 ..."
03/07/2017 8-K Form 8-K - Current report
03/08/2016 8-K Form 8-K - Current report
08/06/2015 8-K Asset disposition
Docs: "Volt Information Sciences, Inc. Announces Further Strategic Divestitures of Non-Core Businesses to Allow Substantially Greater Focus on its Core Staffing Business Completes Sale of Uruguayan Publishing and Printing Businesses NEW YORK – August 6, 2015 – Volt Information Sciences, Inc. today announced that it has completed the sale of Volt Directories S.A. Ltd. and Tainol S.A., its Uruguayan publishing and printing subsidiaries, to affiliates of FCR Media Group, a leading local search provider in 11 European countries that provides expertise in online and off-line advertising. The divestitures are part of the Company’s previously announced strategy to improve its financial performance through divestitures of its non-core businesses. Terms of the transaction were not disclosed. “Similar to ..."
09/11/2008 8-K Form 8-K - Current report

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