UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 15, 2012
Ciber, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
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001-13103 |
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38-2046833 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
of incorporation) |
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File Number) |
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Identification No.) |
6363 South Fiddlers Green Circle, Suite 1400, |
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80111 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (303) 220-0100
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On October 15, 2012, Ciber, Inc. issued a press release announcing the closing of the sale of certain assets of Cibers global IT Outsourcing business to Savvis, a CenturyLink company for a sales price of $6 million in cash, plus additional future consideration in the form of a cash earn-out payment based on results at December 2013. A copy of the press release is attached to this current report on Form 8-K as Exhibit 99.1.
Item 9.01(d). Exhibits.
Exhibit No. |
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Exhibit Description |
99.1 |
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Press Release dated October 15, 2012 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Ciber, Inc. | |
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Date: October 15, 2012 |
By: |
/s/ Claude J. Pumilia |
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Claude J. Pumilia | |
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Chief Financial Officer, Executive Vice President |
Exhibit 99.1
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Contact: |
Gary Kohn |
Robin Caputo |
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Investor Relations |
Media Relations |
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303-625-5256 |
303-267-3876 |
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gkohn@ciber.com |
rcaputo@ciber.com |
CIBER ANNOUNCES THE CLOSING OF THE SALE OF ITS GLOBAL ITO BUSINESS
GREENWOOD VILLAGE, Colo., Oct. 15, 2012 Ciber, Inc. (NYSE: CBR), a global information technology consulting, services and outsourcing company, today announced that it has closed the previously announced sale of certain assets of its Global IT Outsourcing Business to Savvis, a CenturyLink company and global leader in cloud infrastructure and hosted IT solutions for enterprises. The closing price was $6 million, plus additional future consideration in the form of a cash earn-out payment based on results at December 2013.
Ciber President and CEO David Peterschmidt commented, We are excited to extend our strategic partnership with Savvis. Ciber will continue to provide clients full lifecycle application development and outsourcing solutions, including system design, implementation and managed services, while partnering with Savvis to leverage its expertise and resources in physical infrastructure.
About Ciber, Inc.
Ciber is a global IT consulting company with 7,000 consultants in North America, Europe and Asia/Pacific, and approximately $1 billion in annual revenue. Client focused and results driven, Ciber partners with organizations to develop technology strategies and solutions that deliver tangible business value. Founded in 1974, the company trades on the New York Stock Exchange (NYSE: CBR). For more information, visit www.ciber.com.
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