Tech bankers see a bit more of everything in 2011

Posted by on December 23, 2010

Contact: Brenon Daly As we all know, banking is a cyclical business. And after a painfully sharp downturn in recent years, the business is swinging back. It looks to be swinging even higher in 2011, according to our annual survey of many of the top dealmakers. (See our full report on the results.) We would [...]

Teradata pays a tidy premium for Aprimo

Posted by on December 22, 2010

Contact: Brenon Daly Announcing its first major acquisition since it was spun off into a stand-alone company more than three years ago, Teradata said it will pay $525m in cash for Aprimo. The deal marks a significant bet by the data-warehousing giant on the application market. Specifically, Aprimo brings a marketing automation offering to run [...]

Is Earthlink looking to link up to a hosting company?

Posted by on December 21, 2010

Contact: Ben Kolada Earthlink on Monday said that it is acquiring regional competitive local exchange carrier (CLEC) One Communications for $85m in cash or stock, plus the assumption of $285m in debt. The deal is Earthlink’s second telecom play of the year, and from our view, it looks like the beginning of a strategy that’s [...]

Defense goes on offense

Posted by on December 20, 2010

Contact: Ben Kolada Constraints in federal defense spending are causing traditional defense contractors to look outside their core for growth. The latest move is Raytheon’s pickup of cyber security firm Applied Signal Technology. The $490m acquisition, announced today, wraps up a two-month process from when Applied Signal announced that it would seek ‘strategic alternatives’ to [...]

And the Golden Tombstone goes to …

Posted by on December 17, 2010

Contact: Brenon Daly In addition to asking corporate development executives in our annual survey to look ahead and predict M&A activity and valuations in the coming year, we also asked them to look back and tell us which deal of the previous year they thought was the most significant. The winner for 2010? Intel’s $7.7bn [...]

A less-than-bullish outlook for corporate shopping

Posted by on December 16, 2010

Contact: Brenon Daly The results of our annual survey of corporate development executives are in and the outlook for technology M&A in the coming year is less than bullish. Consider this change in sentiment: the number of respondents who thought the overall M&A market would improve in the coming year dropped from half (52%) in [...]

Secondaries are primary for recent IPOs

Posted by on December 15, 2010

Contact: Brenon Daly The IPO window may be slammed shut right now, but the few tech companies that have managed to make it public have found the window wide open when it comes to selling more shares. In the past week or so, QlikTech, RealPage and IntraLinks have all priced their secondary sales. All three [...]

Digital Realty’s M&A train will slow in 2011

Posted by on December 14, 2010

Contact: Ben Kolada Wholesale datacenter provider Digital Realty Trust has been on a buying spree this year, having spent more than 10 times what it shelled out in all of 2009. In total, the company has spent $1.3bn for acquired properties. The majority has come on just two transactions: Sentinel Data Centers and Rockwood Capital’s [...]

Google adds to NFC with Zetawire

Posted by on December 13, 2010

Contact: Jarrett Streebin, Ben Kolada, Vishal Jain Google continues to gobble up startups, and we’ve just uncovered a deal that supports its near field communications (NFC) ambitions. We’ve learned that Google recently picked up Zetawire, a Canadian startup focusing on mobile payments transactions. Like most of Google’s buys, this was a small deal, but it [...]

Dell’s less than ‘compellent’ bid

Posted by on December 10, 2010

Contact: Brenon Daly In what would be the third significant acquisition of a publicly traded storage vendor in the past four months, Dell said Thursday that it would offer $27.50 in cash for each share of Compellent (see our full report). The storage company reported 32.8 million shares (on a diluted basis) in its latest [...]

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