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Wavey that is possible but once Dell purchased Credant I became convinced that DELL used wave as a hedge into the market. The payout to wave was worth it at the beginning to be in the market, in the trusted space. Once they realized it was adding nothing to their bottom line in the manner of customer demand for product because they offered the wave product, that moved them towards assembling an in-house line of security products. If you notice around the time before and after the Credant deal they purchased a few other companies as well.
The Credant deal was relatively cheap from what I remember. Obviously DELL felt it was more cost effective to push their own solution.
He made have had nothing to do with the loss...but he was aware of the loss and what to did he do to replace that lost revenue? He spent cash on his pet project scrambles and rivets and wasted cash advertising on an electric race car............
Right on Player... there is criticisms being lobbed at the new regime that totally discount the amount of damage done by the former CEO. They were lead to believe something that was not even close to happening. The new regime is dealing with the realities of running a cash strapped company in an environment that has not embraced what they are selling.
The blowback IMO is because some people expect the company to be at point L after so many years when in reality they were never really past point C..and I am just talking about the way the company is being operated and not about product.
They are trying to move product into a market that may not emerge before they can capitalize upon that opportunity. That's the reality that the shareprice has been reflecting.
I wouldn't be cheering the comment about keeping the stock over a buck for 10 days to stave off delisting either until there is some meat out there that validates that statement.
Opportunities could keep the stock above the buck. At this shareprice a 1 for 5 RS could do the trick as well. Would the shareprice hold over a buck from 3.72 in the summer with light trading?
The expenses and what was cleared was equal to exactly what the dollar figure was for the sale
I see some folks trying to spin positive after this. There is zero track record to base this on. A hunch, a feeling isn't something I would personally feel comfortable letting large sums of cash hang on especially when you have the whole body of work from which to glean. Deep down I think the size of the stake has more to do with this than anything else.
The history has been the best source of DD on this company to date, bar none.
They have cleared away a lot of deadwood and really trimmed expenses to the bone. How much more can they cut and still expect to be able to woo customers? In reality that 2.3 is nothing more than a patch at this point given how poorly last quarter was, and I gotta believe it's more of the same with the exception of this money being recorded.
With the cutting of the expenses it feels like this company is being prepped to be more attractive to another suitor.
TKC, it was listed as other income curious sold for 1,304,579. A net currecncy transaction loss of 6,996 and a net interest expense of 604,325 right with the e-sign sale. Unless I am reading something wrong it looks like that netted them 693,288 and not the 1.2M unless I am not understanding something correctly here.......
It's looking like everyone who has helmed this company has suffered from the same ailment. Time to face facts...all the DD that was done as it pertained to this investment has aided and abetted those in charge. In the process of that it has separated the shareholders from countless dollars-- not to mention how much money that cash could have been worth invested nearly anywhere else over the course of this time.
The DD that was done really opened up an understanding of this space for investors..one that will not pay off for those that placed the bets on this company- the wrong horse at the wrong time.
Yeah you are correct..was just kind of shocked at how low the number was..that number offset the net loss
Operating expenses equals personnel equals less packages to be doled out in the sale scenario
Player.. new revenue sources are nada and DELL is waving buh bye walking down the driveway.........
Those numbers are not very encouraging to say the least. regardless of that sale there is no way in hell I would be buying here. How many more expenses can be trimmed without a sale coming? You got three things coming down in the near future...some sales finally closing...the sheep getting sheared yet again--does this quarter do anything to improve the chances of delisting??- they tossed the garbage overboard and will be looking for suitors.........I can't see anything else......
To pull the curtain away some more..They trimmed operating expenses over 8 million last year. If you add that to the yearly loss and compare apples apples with last year the loss was -.70 a share.
apples to apples 2013/2014 Net loss using 2013 share total is -.43 they are reporting -.30 which .25 better than 2013...
tkc it looks like the DEll Quarterly kiss is vaporizing
cash and equivs are at 1.8M at end of 2014
1.562M in rev if you back out e-eign
Per loss share shows .08 but apples to apples using last years share total shows it at -.11
2.9M revenues
http://www.marketwatch.com/story/wave-reduces-2014-operating-expenses-by-32-and-trims-net-loss-by-7m-2015-03-05?reflink=MW_news_stmp
LEE, MA, Mar 05, 2015 (Marketwired via COMTEX) -- Wave Systems Corp. WAVX, -0.01% an enterprise security software provider, today reported fourth quarter (Q4 '14) and full-year results for the period ended December 31, 2014. Wave will host a live webcast http://www.wave.com/resource-center/webcasts and conference call (212-231-2919) today at 4:30 p.m. ET to review its Q4 and full-year results and progress to date in 2015.
Q4 Financial Highlights
-- Wave's Q4 '14 total net revenues were $2.9 million for Q4 '14, a
year-over-year decline from $5.6 million in the fourth quarter ended
December 31, 2013 (Q4 '13) and quarter-over-quarter decline from $4.3
million in the third quarter ended September 30, 2014 (Q3 '14). The
decline in year-over-year net revenues from Q4 '13 included a decrease
in licensing and maintenance net revenues of $2.7 million ($2.3
million of which was due to a decrease in OEM software bundling
revenue, resulting primarily from a decline in shipments of Wave's
solutions under its OEM bundling relationship with Dell).
-- The $1.4 million decline in total quarter-over-quarter net revenues
from Q3 '14 consisted of a decrease in licensing and maintenance net
revenues of $1.1 million, consisting of a $0.7 million decrease in OEM
software bundling revenue and a $0.4 million decrease in enterprise
license and maintenance revenue, and a decrease of $0.3 million in
services revenue earned from a service contract with an OEM partner
that was completed during Q3 '14.
-- Q4 '14 total operating expenses declined to $7.2 million versus $9.2
million in Q4 '13. Q3 '14 total operating expenses were $6.4 million.
During 2014, Wave instituted further cost cutting measures to align
with the current business which resulted in decreases from 2013
expenses.
-- On October 15, 2014, Wave entered into an Asset Purchase Agreement
with DocMagic, Inc. to sell eSignSystems, a product line of Wave, to
DocMagic, Inc. for $1.2 million. The transaction closed on October 16,
2014 resulting in a gain on the sale of $1.3 million
-- Wave's Q4 '14 net loss was $3.7 million, or ($0.08) per basic share,
compared to a net loss of $3.7 million, or ($0.11) per basic share in
Q4 '13, and a net loss of $2.1 million, or ($0.05) per basic share, in
Q3 '14.
-- Q4 '14 total billings declined to $2.9 million quarter-over-quarter
versus Q4 '13 total billings of $5.4 million. Q3 '14 total billings
were $3.4 million. The year-over-year decline was due to a $0.5
million decrease in licensing and maintenance billings and a $2.0
million decrease in OEM billings, principally due to a decrease in
Dell-related OEM bundling activity.
-- The $0.5 million decline in total quarter-over-quarter billings from
Q3 '14 consisted of an increase in licensing and maintenance net
revenues of $0.3 million and a decrease of $0.8 million in OEM
software bundling revenue.
Full Year 2014 Financial Highlights
-- Wave's total net revenues for 2014 declined to $17.0 million versus
$24.4 million in 2013. The decline in total net revenues from 2013
consisted of a $4.5 million decrease from a decline in the Dell OEM
software bundling revenue as described above, a $1.5 million decrease
as a result of a service contract with the United States Department of
Defense that was completed during 2013 and a $0.9 million decline in
consulting revenue from one of the world's leading international oil
and gas companies.
-- 2014 total operating expenses declined to $30.4 million versus $44.5
million in 2013. 2013 total operating expenses included $4.2 million
of impairment charges.
-- Wave's 2014 net loss was $12.9 million or ($0.30) per basic share,
compared to a net loss of $20.3 million, or ($0.68) per basic share in
2013.
-- 2014 total billings declined to $14.8 million versus 2013 billings of
$24.3 million. The decline was primarily due to a $4.5 million decline
in the Dell OEM software bundling revenue, a $2.5 million decrease in
licensing and maintenance billings, a $1.5 million decrease as a
result of a service contract with the United States Department of
Defense that was completed during 2013 and a $0.9 million decline in
consulting from one of the world's leading international oil and gas
companies.
Working Capital
-- Cash and cash equivalents were $1.8 million at December 31, 2014
compared to $2.1 million at December 31, 2013. Wave's total current
assets were $4.0 million at December 31, 2014 and total current
liabilities were $9.0 million, including $5.1 million in deferred
revenue.
-- Subsequent to December 31, 2014, Wave received net proceeds of $3.3
million through a registered direct placement of common stock priced
at $0.65 per share and warrants priced at $0.70 per share.
CEO Commentary:
Highlights
-- In 2014 Wave focused on objectives to improve the financial
performance of the company by implementing sound strategies for
significantly cutting expenses while making fundamental changes that
will enable sales growth.
-- Made significant changes in senior and mid-level executives including
a new Chief Financial Officer, leading to a positive change in company
culture as well as improvements on business execution.
-- Added two new members to the Board of Directors and executed a
transition in the Chairman position after the passing of John Bagalay
Jr.
-- Implemented major changes in the sales and marketing teams to focus on
large enterprise sales.
-- Changed the entire North American sales force and the leadership of
the EMEA sales team.
-- Launched Virtual Smart Card 2.0, a bold new product that better
enables us to sell our TPM management software, where Wave has
significant market differentiation and profit potential.
-- Made substantial and needed changes in 2014 that will enable increased
enterprise sales and OEM royalties in 2015 and beyond.
Recent Corporate Developments:
-- Wave Systems Appoints New Board Member, R.S. Cheheyl
-- SEC Filing: Wave Receives $2.3M, Multi-Year Order from Major
US-headquartered Insurance Company
-- Wave Launches New Wave Cloud 3.1.4
-- Wave Systems Appoints Will Stefan Roth Vice President, EMEA Sales
-- Wave Systems Earns Top Score in Strategy Category by Technology
Analyst
-- Wave Completes $3.6 Million Stock Offering
-- Wave Systems Elects New Chairman of the Board
About Wave Systems Wave Systems Corp. reduces the complexity, cost and uncertainty of authentication and data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the security capabilities built directly into endpoint computing platforms themselves. Wave is a leading expert in this growing trend and is leading the way with first-to-market solutions and helped shape standards through its board seat on the Trusted Computing Group.
Safe Harbor for Forward-Looking Statements This press release may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Wave assumes no duty to and does not undertake to update forward-looking statements.
All brands are the property of their respective owners.
WAVE SYSTEMS CORP. AND SUBSIDIARIES
Consolidated Statements of Operations
(Unaudited)
Three months ended Twelve months ended
December 31, December 31, December 31, December 31,
2014 2013 2014 2013
------------ ------------ ------------ ------------
Net revenues:
Licensing and
maintenance $ 2,866,371 $ 5,613,559 $ 16,670,834 $ 22,591,914
Services - - 300,000 1,808,938
------------ ------------ ------------ ------------
Total net revenues 2,866,371 5,613,559 16,970,834 24,400,852
------------ ------------ ------------ ------------
Operating expenses:
Licensing and
maintenance - cost
of net revenues 303,601 313,310 1,215,776 3,419,271
Services - cost of
net revenues - - 73,000 277,665
Selling, general,
and administrative 4,204,513 6,786,112 18,794,273 26,829,636
Research and
development 2,725,249 2,125,794 10,333,607 11,380,258
Impairment of
goodwill - - - 2,590,000
------------ ------------ ------------ ------------
Total operating
expenses 7,233,363 9,225,216 30,416,656 44,496,830
------------ ------------ ------------ ------------
Operating loss (4,366,992) (3,611,657) (13,445,822) (20,095,978)
------------ ------------ ------------ ------------
Other income
(expense), net:
Net currency
transaction loss (6,966) (4,862) (14,828) (17,220)
Gain on sale of
eSign 1,304,579 - 1,304,579 -
Net interest
expense (604,325) (49,260) (712,527) (200,456)
------------ ------------ ------------ ------------
Total other income
(expense), net 693,288 (54,122) 577,224 (217,676)
------------ ------------ ------------ ------------
Loss before income
tax expense (3,673,704) (3,665,779) (12,868,598) (20,313,654)
Income tax expense 12,000 10,610 12,000 10,610
------------ ------------ ------------ ------------
Net loss $ (3,685,704) $ (3,676,389) $(12,880,598) $(20,324,264)
============ ============ ============ ============
Loss per common share
- basic and diluted $ (0.08) $ (0.11) $ (0.30) $ (0.68)
Weighted average
number of common
shares outstanding
during the period 45,918,494 33,436,124 43,024,449 29,825,854
WAVE SYSTEMS CORP. AND SUBSIDIARIES
Consolidated Supplemental Schedules
(Unaudited)
Three months ended Twelve months ended
December 31, December 31, December 31, December 31,
2014 2013 2014 2013
------------ ------------ ------------ ------------
Total net revenues $ 2,866,371 $ 5,613,559 $ 16,970,834 $ 24,400,852
Increase (decrease)
in deferred revenue 57,471 (190,072) (2,142,970) (76,791)
------------ ------------ ------------ ------------
Total billings (Non-
GAAP) $ 2,923,842 $ 5,423,487 $ 14,827,864 $ 24,324,061
============ ============ ============ ============
Net loss as reported $ (3,685,704) $ (3,676,389) $(12,880,598) $(20,324,264)
Net interest expense 604,325 49,260 712,527 200,456
Income tax expense 12,000 10,610 12,000 10,610
Depreciation and
amortization 208,340 246,036 885,657 1,009,876
Share-based
compensation expense (93,933) 75,727 209,961 1,694,842
Impairment of
goodwill and
amortizable
intangible assets - - - 4,205,000
------------ ------------ ------------ ------------
EBITDAS (Non-GAAP) $ (2,954,972) $ (3,294,756) $(11,060,453) $(13,203,480)
============ ============ ============ ============
Non-GAAP Financial Measures: As supplemental information, we provide the non-GAAP performance measures that we refer to as total billings and EBITDAS. Total billings is provided in addition to, but not as a substitute for, GAAP total net revenues. Total billings means the sum of total net revenues determined in accordance with GAAP, plus the increase or minus the decrease in deferred revenue. We consider total billings an important measure of our financial performance, as we believe it best represents the continued increase in our software license upgrades. Total billings is not a measure of financial performance under GAAP and, as calculated by us, may not be consistent with computations of total billings by other companies. For the three months ended September 30, 2014, total billings were $3,373,273 and consisted of total net revenues of $4,332,104 adjusted for a decrease in deferred revenue of $958,831.
EBITDAS is defined as net income (loss) before interest income (expense), income taxes, depreciation, amortization and share-based compensation. EBITDAS should not be construed as a substitute for net income (loss) or net cash provided by (used in) operating activities (all as determined in accordance with GAAP) for the purpose of analyzing our operating performance, financial position and cash flows, as EBITDAS is not defined by GAAP. However, we regard EBITDAS as a complement to net income (loss) and other GAAP financial performance measures, including an indirect measure of operating cash flow. For the three months ended September 30, 2014, negative EBITDAS was $(2,414,066) and consisted of net loss as reported of $(2,105,859) adjusted for net interest expense of $24,325, depreciation and amortization of $215,418 and share-based compensation expense of $(547,950).
WAVE SYSTEMS CORP. AND SUBSIDIARIES
Consolidated Balance Sheets
(Unaudited)
December 31, December 31,
2014 2013
-------------- --------------
Assets
Current assets:
Cash and cash equivalents $ 1,777,414 $ 2,120,102
Accounts receivable, net of allowance for
doubtful accounts of $-0-
December 31, 2014 and December 31, 2013 1,820,945 2,730,077
Pledged receivables - 1,683,188
Prepaid expenses and other current assets 397,689 488,656
-------------- --------------
Total current assets 3,996,048 7,022,023
Property and equipment, net 411,755 596,820
Amortizable intangible assets, net 2,008,227 2,590,920
Goodwill 1,448,000 1,448,000
Other assets 169,330 167,146
-------------- --------------
Total Assets 8,033,360 11,824,909
============== ==============
Liabilities and Stockholders' Deficit
Current liabilities:
Secured borrowings - 1,430,710
Accounts payable and accrued expenses 3,918,493 6,789,274
Deferred revenue 5,125,932 6,996,239
-------------- --------------
Total current liabilities 9,044,425 15,216,223
Other long-term liabilities 50,779 78,618
Royalty liability 4,982,306 4,509,629
Long-term deferred revenue 871,677 1,003,614
-------------- --------------
Total liabilities 14,949,187 20,808,084
-------------- --------------
Stockholders' Deficit:
Common stock, $.01 par value. Authorized
150,000,000 shares as Class A; 45,962,324
shares issued and outstanding at December
31, 2014 and 35,019,740 at December 31, 2013 459,623 350,197
Common stock, $.01 par value. Authorized
13,000,000 shares as Class B; 8,885 shares
issued and outstanding at December 31, 2014
and 2013 89 89
Capital in excess of par value 422,745,539 407,907,019
Accumulated deficit (430,121,078) (417,240,480)
-------------- --------------
Total Stockholders' Deficit (6,915,827) (8,983,175)
-------------- --------------
Total Liabilities and Stockholders' Deficit $ 8,033,360 $ 11,824,909
============== ==============
Wave Systems Corp.
Walter A. Shephard
CFO
(413) 243-1600
investors@wave.com
Investor Relations
David Collins, Chris Eddy
(212) 924-9800
wavx@catalyst-ir.com
SOURCE: Wave Systems Corp.
I find the muted response to the recent finacial win curious. I think the shareholders will glean some information on how Q1 is going to be based on how the stock performs the last trading days of this month. I think the drop off from DELL for Q4 and Q1 is going to be greater than what many longs expected. While the 2.3 is nice, until they sell something else it is just replacing a portion of the revenue that has disappeared over the last few years.
A post like that is likely to really set some people off. In reality it is not any more inaccurate than some of the numbers delirious shareholders have posted over the years. At the end of the day the shareholders will not be rewarded until there is proof that a theme of reliable, recurring revenue is happening. That is something, regardless of how many big names wave can align themselves, that will be shown in dollars. We have all seen for years how the big names within the company, the alliances with other companies, and the seat at the table within certain groups have gotten them.
Right on Dig. While kudos should be given to Solms on the/a sale..there needs to be more..and this certainly doesn't warrant the over reaction that has appear. If anything, the mood should be extremely cautious, but optimistic.
Titlewave the problem for the shareholders is the company can always sell hope into this emerging market until it becomes apparent the market is moving in a different direction. I see a lot of conversation about certain things not being capable without this or that from wave. And still there is no movement in a direction that would both satisfy the shareholders and validate that statement.
The only thing I know for certain is that without the shareholders this company would have been long gone. It's still here today because of the shareholders, and that was proved yet again by the the last PP shares that were sold and ended up in the hands at some point between then and now with the longs, just like always.
Without any news the last year or more I cannot see a scenario that would include a bevy of new investors buying at that point for the long haul..I just can't see it.
ROT here's another reason why that link needs to stay. You say anybody can do simple research. This was the first hit on a google search.
https://www.splithistory.com/wavx/
I would love to see an example that has been in business as long..and has that same company dilluted the shareholders in the same fashion?
Alea there is the metric thatis used to understand financials and then there is this other metric used to understand wave's financials. One is used by followers of wave to get a handle on how they feel the company is doing. The other one is a standard metric used by nearly every other investor when they are quick looking a companies financials to see if they even want to consider investing in the company. The example being held up is exactly why it's so hard to bring in new money and new investors.
The opportunity,space,and potential are what keeps many investors hopeful. The smell test keeps most new money out, or not in very long.
How about this survey: If you had known that information you based your purchases on was less than forthcoming from former management...........
You cannot unring this bell no matter how much you want it spun.
You are trying to squeeze a piece of coal to some semblance of future diamond.
This type of talk is the counterbalance to all the chatter about opportunity that is ever present, but almost never benefits the shareholder.
You said it yourself in the post about dot com mania.
The stock made it's gains on nothing.
Posts like mine will disappear if this company is ever able to sustain itself. Not until then.
Posters that take this view deserve a seat at this table as much as any DD poster does because the past has shown that by having this jaded view of the company we have earned this right.
You sighted all those deals prior.. PWC GM etc... there has been no substantial follow through since then Nothing to sustain the company to ween them off the shareholder support.
Eventually those have to be upgraded..if not it's like the car that blows oil all over the road everytime you drive it...those deals are like the oil you keep putting in to get from point a to point b.. eventually it's not enough...
Root another response I would have opposing that is. How many times have we heard it was the choice of the investor? The performance of the investor is not intrinsically tied to the performance of the company. As far as educating anyone, had you this information at your fingertips to make a sound decision on a new company you were thinking about investing money, I would think it would be advantageous not to have to dig around for this important information. This is a matter of fact in the same vein of the 15 year Samsung agreement. We can quibble about what benefit this will bring the company going forward. What Player posted is beyond arguing about, but the underlying reasons damn sure have affected this company to this point and case can be made going forward how those reason have or have not hamstrung them.
Thank you 24601...I really can't take credit for it. The credit and motivation really belong to some that have been around for so long...those PM attacks are all water under the bridge now. And that was when I was on your side....
The company performance was the basis for such a post. It wasn't anything anybody posted, it wasn't any one poster's action. The performance of the company should determine when,if ever, that post gets removed.
So Cartoon you agree that a DD post that leads to a dead end carries more value to potential new shareholders than one which contains mater of fact?
Why can't that be a choice to make? By your logic newbies capable of doing their own research would have no need for a message board such as this. These message boards serve as gathering place for information concerning the company. That information in that post is presented in a factual manner and stands on it's own. There were a lot of posts in the past taken down because posters like yourself didn't agree with the content.
But a majority of those posts contained facts that have affected this company and have been reflected in the share price, much to many posters chagrin.
One could surmise much that has been posted by yourself and others on these boards have created an expectation that has yet to be met, and may never be. The numbers are what they are. There is the reality that the company operates in and the one that DD has created and very seldom have those two met in a fashion that has provided the share holder with any modicum of satisfaction.
Player, not only should that post not be removed, it should be made permanent. At the very least it is a reminder to every individual investor of the importance that the language coming from those inside of the company matters. That it can stand up to scrutiny. I can understand having a thin skin when a company you have sunk much of your hard earned cash into is struggling. And I get not wanting to see the static of posts containing "it's going to zero" or "it's a scam". Some where amidst those type of posts there were questions that were being asked that did not want to be heard, known or propagated in a manner that was deemed damaging to the company.
There were no concise answer to refute those questions being asked. The shareholder base as a whole was damaged by not seeing the whole picture.
Is it not fair to say that post contains nothing but the unfettered, unbiased truth contained within? As a matter of fact I think the numbers are even worse as of today.
How about the opinion post rife with revenue estimates, share price estimates, market share, ubiquitous coverage, and wild speculations that seem to always be on the horizon.
The damage those have done have been of a far more serious nature-if not to those investors who may have used this as a factor in investing in the company, but certainly as time has proven an unrealistic expectation of where they should be in the market. It has shaped the investor's view of the competion unrealistically.
That behavior isn't going to change overnight as this bias on the boards has been going on for nearly 2 decades.
The truth hurts and that seems to be the reason many want to see this post removed. It's a reminder of how easily it can be to want to buy into something, and how that can be exploited. The story cannot overcome the numbers over time. It can also be a reminder of what the company had to overcome if Solms gets them on the right track.
Looks like a lot of those companies mentioned moved higher. Maybe the whole sector moved up in lockstep today. Should know soon enough.
On that segment today it mentioned security area should be mover this year. Be interesting to see if there is any follow through or if this was random buying in this sector
Just as suspected. No mention. Trustedsec ceo says no perfect system out there...a few years away from any inroads
Piece on CNBC coming up on security stocks you should be in...will wave even warrant a mention...
A huge red flag for me beside the lack of sales. Over the years we have seen a litany of posts about security companies being bought by much larger companies. We see one recently by HP. Why not Wave? The biggest obstacle that I always thought that would prevent that frpm happening has been removed. The price cannot be a hangup. I just cannot see a reason other than lack of market for product.
Alea here is the rub if you are talking OS systems. I know in my workplace and in my spouses' workplace when an upgrade is made its across the board for machines-no mixing of OS because all of the software that is used within that business must be compatible among all machines. Not having an extensive knowledge of the how's or why's, I also know that folks that work from home also have PC's or laptops that are compatible with what is being used at work so they can remote access from home, at least in my experience.
I think the interoperability may have been oversold, especially now with the major OS providing tools to manage the TPM.
The questions for me are these. If a business entity regardless of size is using one operating system, how are you going to sell them on the benefit of using wave when they don't even know who they are?
Alea this speaks to the hubris of the departed. They saw the beauty of interoperability across platforms. They ignored what those platforms were operating with for the most part-MS..and now Android OS(Google)
If MS and Google Chromebook have users on board than any opportunity to gain a foothold is probably gone managing those TPM. How in the hell is a small company going to move entrenched behemoths with name recognition?
.50. before .80? Thoughts?