Article published by: https://globenewswire.com
Concurrent (NASDAQ:CCUR) reported yesterday that it closed the previously-announced sale of its content delivery and storage business to Vecima Networks Inc. (VCM:TO) for $29 million in cash. Effective immediately, the Company has changed its name to “CCUR Holdings, Inc.” (“CCUR” or the “Company”). The Company will continue to trade on the NASDAQ market under the symbol “CCUR” and has launched a new website located at www.ccurholdings.com.
Calsoft Whitepaper: Storage Performance Testing Guidelines
CCUR Holdings, Inc. (NASDAQ:CCUR) recently divested its linux and real-time business and its content delivery and storage business. The Company is in the process of evaluating opportunities intended to maximize the value of its remaining assets, which consists primarily of cash and cash equivalents.
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