Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  SVB Financial Group    SIVB

Delayed Quote. Delayed  - 07/26 09:44:17 pm
102.5 USD   +0.82%
07/21 SVB FINANCIAL : beats Street 2Q forecasts
07/21 SVB FINANCIAL G : Announces Availability Of Quarterly Financial Resu..
07/21 SVB FINANCIAL G : Quarterly Earnings Notice
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

SVB Financial Group : Silicon Valley Bank provides $3M financing to Lincor Solutions Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/16/2013 | 06:00pm CEST

Silicon Valley Bank, financial partner to technology and life science businesses and their investors worldwide, today announced that it has provided Lincor Solutions   Inc., supplier of point of care computing platforms and patient engagement technology, with a $3 million equipment Line of Credit.

Lincor Solutions develops point of care computing platforms for hospitals and healthcare delivery organisations. Its platforms help hospitals to improve clinical data access, streamline operational effectiveness and enhance the patient experience. It provides secure, integrated access to clinical, picture archiving (PACS), medical records and hospital management systems to hospital staff, as well as multimedia entertainment, education and communications services for patients. Lincor is active in 28 countries and its products are currently deployed in more than 125 hospitals around the world.

Although historically based in Cork, Lincor's headquarters is now in Nashville, USA.

The new credit facility will be used to invest in equipment as Lincor Solutions launches its Software-as-a-Service (Saas) business in the US, and to support further expansion across EMEA.

Robert Brown, Chief Financial Officer, Lincor Solutions Ltd said: "The launch of our SaaS business in the US is an important step for us and this financing will enable us to fulfil our expansion ambitions in this area. Silicon Valley Bank is a great fit for us because of its deep understanding of the technology sector globally."

Andrew Hunter, Vice President for Silicon Valley Bank's UK Branch, added: "Silicon Valley Bank is delighted to be working with Lincor Solutions at this important stage in its growth. Lincor is transforming hospital performance and we are looking forward to supporting the business as it grows."

About Silicon Valley Bank
Silicon Valley Bank is the premier bank for technology, life science, venture capital, private equity and premium wine businesses. SVB Financial Group provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 28 U.S. offices and six international operations. (Nasdaq: SIVB) www.svb.com/uk

Silicon Valley Bank is authorised and regulated by the California Department of Financial Institutions and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

About Lincor Solutions Ltd.
Lincor Solutions is the global leader in patient engagement technology. Through its state-of-the-art LINC Technology platform, Lincor transforms the patient experience by bringing interactive education, communication and entertainment technology directly to the bedside. Empowering patients helps hospitals achieve better patient engagement, satisfaction, and clinical outcomes.

Contact:
Louise Travers
Silicon Valley Bank - UK Branch
+44 (0)20 7367 7877
ltravers@svb.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SVB FINANCIAL GROUP
07/21 SVB FINANCIAL : beats Street 2Q forecasts
07/21 SVB FINANCIAL GROUP : Announces Availability Of Quarterly Financial Results
07/21 SVB FINANCIAL GROUP : Results of Operations and Financial Condition, Financial S..
07/21 SVB FINANCIAL GROUP : Quarterly Earnings Notice
07/15 SVB FINANCIAL GROUP : Confirms Date And Time Of Quarterly Earnings Call
07/08 SVB FINANCIAL : Santa Monica Team Continues Expansion to Support Growth of Regio..
07/07 SVB FINANCIAL GROUP : Confirms Date And Time Of Quarterly Earnings Call
06/29 SVB FINANCIAL : First Data and Silicon Valley Bank Expand Strategic Partnership
06/24 SVB FINANCIAL : Silicon Valley Bank and MasterCard Invite Startups to Apply for ..
06/24 SVB FINANCIAL : Silicon Valley Bank Releases Data on Women in Technology Leaders..
More news
Sector news : Banks - NEC
04:46pDJNew UniCredit CEO Shakes Up Bank's Top Ranks
04:38pDJUNICREDIT : New Unicredit Chief Shakes Up Bank's Top Ranks
04:20p HSBC : Swiss to pass information on HSBC accounts to U.S. tax agency
03:56pDJKEYCORP : Profit Falls on Merger-Related Expenses
02:47pDJUNICREDIT : Italy's UniCredit Unveils New Organizational Structure
More sector news : Banks - NEC
News from SeekingAlpha
07/22 SVB Financial's (SIVB) CEO Greg Becker on Q2 2016 Results - Earnings Call Tra..
07/21 SVB Financial beats by $0.08, beats on revenue
07/20 Notable earnings after Thursday?s close
05/10 SVB FINANCIAL GROUP : Don't Set Your Expectations Too High
04/21 SVB Financial Group (SIVB) Q1 2016 Results - Earnings Call Webcast
Advertisement
Financials ($)
Sales 2016 1 549 M
EBIT 2016 710 M
Net income 2016 358 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 14,92
P/E ratio 2017 12,92
Capi. / Sales 2016 3,41x
Capi. / Sales 2017 3,08x
Capitalization 5 289 M
More Financials
Chart SVB FINANCIAL GROUP
Duration : Period :
SVB Financial Group Technical Analysis Chart | SIVB | US78486Q1013 | 4-Traders
Full-screen chart
Technical analysis trends SVB FINANCIAL GROUP
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 123 $
Spread / Average Target 20%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Gregory W. Becker President, Chief Executive Officer & Director
Roger F. Dunbar Chairman
Michael L. Dreyer Chief Operations Officer
Michael R. Descheneaux Chief Financial Officer
Roger Leone Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SVB FINANCIAL GROUP-14.49%5 289
WELLS FARGO & CO-11.48%244 308
JPMORGAN CHASE & CO.-3.27%233 551
INDUSTRIAL AND COML BA..-6.55%222 242
CHINA CONSTRUCTION BAN..-13.15%173 029
BANK OF AMERICA CORP-14.62%147 607
More Results