Technology

American Science & Engineering, Inc. (NASDAQ:ASEI) shares were up 14.04% to $36.58 following reports that the company will be bought by OSI Systems for $269 million in cash. The company has a market cap of $269.78 million at 7.13 million shares outstanding so the acquisition deal could essentially double...

Patriot National Inc (NYSE:PN) shares were flat in after-hours trading. The company has a market cap of $225.64 million at 26.83 million shares outstanding. Shares are trading in a 52-week range of $3.56 to $19.52. Patriot National is an independent national provider of technology-enabled outsourcing solutions that help insurance carriers,...

QLogic Corporation (NASDAQ:QLGC) had a late rally to $15.15 in after-hours trading on Wednesday after the company announced that it will be acquired by Cavium Inc. The company has a market cap of $1.15 billion at 83.19 million shares outstanding. Shares are at the top of the 52-week range...

VirnetX Holding Corporation (NYSEMKT:VHC) shares jumped 18.32% to $6.20 on Tuesday and an additional 0.81% to $6.25 after the Supreme Court relaxed requirements on willful infringements. This patent law precedent was created by the US Court of Appeals to set stricter standards in determining whether an infringement was willful. Now...

Vonage Holdings Corp. (NYSE:VG) shares were up 12.66% to $5.34 on Tuesday and an additional 0.37% to $5.36 in after-hours trading after an analyst from Citigroup upgraded the stock from "neutral" to "buy." In addition, the price target was increased from $4.75 per share to $8 per share, representing...