InvestorsHub Logo
Followers 24
Posts 449
Boards Moderated 0
Alias Born 10/10/2017

Re: Shepo69 post# 2847

Tuesday, 01/09/2018 10:21:19 PM

Tuesday, January 09, 2018 10:21:19 PM

Post# of 3518
@Shepo69 - You nailed it! HTC bought "operations" FROM Ciber, they didn't buy the CORPORATION because HTC (almost certainly) didn't want to inherit its (roughly, by your estimate) 120 million in liabilities. This is not (private company) HTC buying a shell company for a RM and quick entry into the OTC->>NASDAQ->>NYSE stock exchanges. There's nothing left here for common shareholders.

I found this PR from June '17 on HTC/Ciber's website:

"HTC Global Services Officially Acquires Ciber Inc.’s U.S. and India Operations

Troy, Michigan, June 9, 2017: HTC Global Services, a global provider of information technology services and solutions, has officially acquired Ciber Inc.’s U.S. and India operations. HTC is headquartered in Troy, Michigan, USA, with several global delivery centers in India and an operational presence in the Asia-Pacific region. Established in 1990, HTC is an Inc. 500 Hall of Fame company.

HTC’s combined strength brings increased value to our customers. Our first customers are still our customers. For more than forty years Ciber www.ciber.com has delivered the technology expertise that helps businesses achieve strategic goals, and the teams that make it happen for clients. HTC’s CareTech Solutions, www.CareTech.com is a healthcare company that specializes in IT and provides customized, scalable solutions that enable top-of-the-line healthcare. With technology experts from HTC Global who understand the big picture, your decisions are better and strong results for your business are the proof of a successful partnership.

As an organization that is focused on digital transformation, with services ranging from application modernization, infrastructure and cloud, ERP implementation, big data analytics, mobile and IoT, to application development and management, Ciber’s strong solutions and staffing services will complement and strengthen our offerings in many differentiating ways. The values of both companies are closely aligned to focus on the client first. HTC Global Services and Ciber take pride in operating with simplicity, honestly and humility; and focus our solutions and services around innovation, flexibility and velocity.

www.HTCinc.com"
https://www.ciber.com/who-we-are/news-events/news-release/

This is my opinion. There are many others like it, but this
one is mine! My opinion is my best friend. It is my life. I
must master it as I must master my life. Without me, my opinion is
useless. Without my opinion, I am useless.