MKS Sees Software Licensing Downturn in Q4, Gears Up for Rebound
June 11, 2007 Timothy Prickett Morgan
Midrange application lifecycle management software provider MKS closed out is fiscal 2007 on April 30, and while the company had what it called sluggish license sales for its biggest accounts in the fiscal year, MKS is expecting that customers will embrace its newest products and buy services as they roll out application lifecycle management tools in the coming fiscal year, getting it back on track again. While MKS is based in the Canadian city of Waterloo, Ontario, and is listed on the Toronto Stock Exchange, it reports its financial results in U.S. dollars. For the fourth quarter, total sales at |