Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Jun 30, 2014)
  • 8-K (May 15, 2014)
  • 8-K (Feb 27, 2014)
  • 8-K (Feb 25, 2014)
  • 8-K (Dec 2, 2013)
  • 8-K (Nov 12, 2013)

 
Other

BSQUARE 8-K 2012

Documents found in this filing:

  1. 8-K
  2. 8-K
Form 8-K

 

 

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): January 27, 2012

 

 

BSQUARE CORPORATION

(Exact name of Registrant as specified in its charter)

 

 

 

WASHINGTON   000-27687   91-1650880

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

110 110th Ave NE, Suite 200

Bellevue, WA 98004

425-519-5900

(Address and Telephone Number of Registrant’s Principal Executive Offices)

 

 

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):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


BSQUARE CORPORATION

FORM 8-K

Item 1.01 Entry into a Material Definitive Agreement.

On January 27, 2012, and effective as of January 1, 2012, BSQUARE Corporation (the “Company”) entered into a new Statement of Work (“SOW”) under the Microsoft Master Vendor Agreement between the Company and Microsoft Corporation (“Microsoft”) dated effective as of June 6, 2008 (the “Agreement”). The Agreement provides for standard terms and conditions pursuant to which the Company provides software engineering services to Microsoft and its affiliates, including, among other things, provisions relating to (i) standard warranties, confidentiality, indemnification and limitation of liability; (ii) audit and inspection rights; (iii) deliverable ownership; and (iv) minimum insurance requirements. The Agreement expires on June 6, 2013 and is terminable upon 30 days’ written notice. To date the Company has been performing other services for Microsoft under the Agreement pursuant to other statements of work, which the Company previously determined were not material.

The SOW was entered into between the Company and Microsoft to facilitate continued work on the Ford Motor Company (“Ford”) in-car infotainment system. This contract replaces and extends the work that the Company began working on directly with Ford in 2008 as previously described in prior Form 8-K filings. This work was previously conducted under various agreements between the Company and Ford, the last of which expired on December 31, 2011.

Under the SOW, Microsoft has agreed to pay the Company on a time-and-materials basis for approximately 30 Company personnel to be dedicated to this project for the period from January 1, 2012 through Microsoft’s fiscal year end of June 30, 2012. The estimated aggregate fees associated with this SOW are currently $3.3 million for this timeframe. This estimated aggregate fee excludes certain contingent amounts, such as overtime and expenses that must be approved by Microsoft.


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 hereunto duly authorized.

 

      BSQUARE CORPORATION
Dated: January 31, 2012     By:  

/s/ Scott C. Mahan

      Scott C. Mahan
      Vice President, Finance & Operations
      and Chief Financial Officer
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki