September 27, 2022
Loading...
You are here:  Home  >  'QAD'
Latest

University of California buys hilltop QAD property for more than $100M

By   /  Wednesday, June 29th, 2022  /  Higher Education, Latest news, Real Estate, Regions, Santa Barbara County, Top Stories  /  Comments Off on University of California buys hilltop QAD property for more than $100M

The former headquarters of software firm QAD in the Santa Barbara area has been sold for an estimated $104 million to the University of California, according to a deed filed with Santa Barbara County Clerk-Recorder on June 24. Kiki Reyes, the media relations manager at UC Santa Barbara, confirmed to the Business Times on June Read More →

Latest

QAD to pay $2.45M in legal fees from dispute over acquisition

By   /  Thursday, June 2nd, 2022  /  Latest news, Regions, Santa Barbara County, Technology, Top Stories  /  Comments Off on QAD to pay $2.45M in legal fees from dispute over acquisition

Santa Barbara-based QAD announced June 2 it will pay out $2.45 million in legal fees to shareholders who sued to stop the company’s acquisition by Thoma Bravo in 2021. QAD, which provides cloud software for the manufacturing industry, was purchased last year by the private equity firm Thoma Bravo in a transaction worth $2 billion. Read More →

Latest

Dubroff: QAD isn’t the only company embracing a work-from-home future

By   /  Friday, May 13th, 2022  /  Columns, Latest news, Subscriber content  /  Comments Off on Dubroff: QAD isn’t the only company embracing a work-from-home future

Henry Dubroff

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Latest

QAD plans to sell headquarters as workforce goes ‘virtual-first’

By   /  Tuesday, May 10th, 2022  /  Latest news, middle, Real Estate, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories  /  Comments Off on QAD plans to sell headquarters as workforce goes ‘virtual-first’

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Latest

QAD shareholders approve acquisition by Thoma Bravo; deal expected to close in ‘coming days’

By   /  Tuesday, November 2nd, 2021  /  Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD shareholders approve acquisition by Thoma Bravo; deal expected to close in ‘coming days’

In a special meeting on Nov. 2, shareholders of QAD approved the Santa Barbara-based software company’s pending acquisition by Thoma Bravo, a deal QAD said should close “within the coming days.” The private equity firm is buying QAD in a $2 billion all-cash deal announced by the companies on June 28. When the transaction closes, Read More →

Latest

QAD stock rises after earnings beat

By   /  Thursday, May 27th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD stock rises after earnings beat

QAD, a Santa Barbara-based cloud software company for the manufacturing industry, beat analysts’ expectations with its earning for the first quarter of its 2021-22 fiscal year on May 26. QAD’s net income for the quarter was $1.8 million, or 7 cents per share, compared to a loss of $410,000 in the same quarter a year Read More →

Latest

QAD shares climb 7% after earnings report

By   /  Thursday, March 25th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD shares climb 7% after earnings report

QAD, a cloud software company for the manufacturing industry, saw accelerated growth from its subscription services in the final quarter of the fiscal year, providing a bit of a bounce back for the Santa Barbara company. QAD generated revenue worth $83 million in the final quarter of the fiscal year, which ended Jan. 31. That Read More →