Informatica: Just dating or something more?
Posted by Brenon Daly on September 14, 2009
Contact: Brenon Daly, Krishna Roy Is it just dating, or are they looking to get married? That was a question that Wall Street was kicking around last week after Hewlett-Packard and Informatica announced a deeper relationship. The new accord sees HP licensing a number of Informatica’s offerings so that it can provide its customers with [...]
VeriSign’s bargain bin of deals
Posted by admin on September 11, 2009
For the past year, the company has conducted a fire sale of its unwanted assets. That process has now largely come to an end. We tally the score and see who got out ahead.
Take-privates are taking more money
Posted by Brenon Daly on September 10, 2009
Contact: Brenon Daly Even though the volume of take-privates has plummeted this year, the deals that are getting announced appear to be far more competitive than they’ve ever been. At least that’s true after the LBO is announced. So far this year, we’ve seen terms get raised in four take-privates, due to either named or [...]
An Old Economy version of Microsoft-Yahoo?
Posted by Brenon Daly on September 9, 2009
Contact: Brenon Daly Where have we heard this before? A diversified, dividend-paying company makes an unsolicited approach to a target that’s only just into a restructuring program, with a goal of bolstering a business where it’s currently an also-ran. Add to that, the would-be acquirer isn’t particularly known for its brass-knuckle M&A tactics, while the [...]
Goodbye Montgomery, hello ArchPoint
Posted by Brenon Daly on September 8, 2009
Contact: Brenon Daly Following the historic upheaval at investment banks last fall, the changes have begun to filter down to the smaller firms, as well. For instance, Morgan Keegan & Co picked up tech boutique advisory shop Revolution Partners last December while hedge fund Ramius LLC has reached for Cowen Group in a deal that’s [...]
Summer sun dries up deal flow
Posted by Brenon Daly on September 4, 2009
Contact: Brenon Daly It really was the lazy days of summer, at least in terms of tech deal-making. With summer officially wrapping up on Labor Day, spending on M&A is running at less than one-fifth the level it has been in any of the three previous years. (For our purposes, we mark summer as beginning [...]
PE group dials up Skype
Posted by Brenon Daly on September 3, 2009
Contact: Brenon Daly Just a month after we speculated on an unconventional home for Skype Technologies, eBay found a rather unconventional home of its own for its VoIP subsidiary. Rather than go to Cisco, which is what we suggested as an (admittedly) far-flung idea, Skype has landed in a portfolio of a consortium led by [...]
Unexpected partners in e-discovery dance
Posted by Brenon Daly on September 2, 2009
Contact: Brenon Daly After a flurry of more than a half-dozen e-discovery acquisitions from mid-2007 to mid-2008, deal flow has dried up in the sector. Buyers during the active period included companies that, broadly speaking, have an interest in storing, managing and searching electronic information, including such tech giants as Seagate Technology, Iron Mountain and [...]
NICE Systems double-dips on deals
Posted by Brenon Daly on September 1, 2009
Contact: Brenon Daly Less than three months after indicating that it was looking to step back into the M&A market, NICE Systems announced two deals back-to-back. The Israeli company reached for Hexagon System Engineering on Monday, and followed that up immediately with the much more substantial purchase of Fortent. Together, the transactions run NICE’s tally [...]
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