Sterling Partners aids Mosaid

Posted by on October 31, 2011

Contact: Thejeswi Venkatesh Earlier this month, Wi-LAN indicated it would ‘pack up and move on’ if Mosaid Technologies’ shareholders did not accept its sweetened $42 per share unsolicited offer. But in a rather unusual turn of events, it is Mosaid that has moved on. On Friday, the chip technology company announced an agreement with buyout [...]

‘Googorola’ close to closing

Posted by on October 28, 2011

Contact: Brenon Daly In what could be its last financial report before it is formally acquired by Google, Motorola Mobility said after the closing bell Thursday that mobile device revenue in the third quarter rose 20% over the same period last year to $2.4bn. That was nearly twice the overall rate of growth at the [...]

Cut the CDN already, InterNap

Posted by on October 27, 2011

Contact: Ben Kolada We’ve long covered InterNap Network Services as both a potential target and a datacenter services vendor with disappointing earnings. With what’s likely to be another underwhelming quarter (the company reports Q3 results after the bell today), we take yet another look at what can be done to save this barely floating ship. [...]

Survey: Consumers may hang up on combined AT&T-T-Mobile

Posted by on October 26, 2011

Contact: Brenon Daly As the largest telco deal announced in a half-decade, AT&T’s proposed purchase of T-Mobile USA has had an outsized impact on the still-nascent mobile market. To get a sense of some of the implications, our subsidiary ChangeWave Research surveyed more than 4,100 consumers at the end of September on a number of [...]

RightNow: A seller rather than a buyer

Posted by on October 25, 2011

Contact: Brenon Daly Ever since it raised $175m in a convertible debt offering last November, RightNow Technologies has been telling anyone who would listen that it intended to go shopping with some of that money. The move more than doubled the amount of cash on hand for the customer service automation vendor. And since RightNow [...]

Oracle buys big, again

Posted by on October 24, 2011

Contact: Brenon Daly Announcing its third deal in just the past month, Oracle said Monday that it will pay about $1.5bn for customer service software provider RightNow Technologies. The purchase brings the acquisitive software giant even closer into competition with salesforce.com, which has also used M&A to expand its customer service offering. However, true to [...]

Renaissance plays politics

Posted by on October 21, 2011

Contact: Brenon Daly It must be election season. That’s what struck us when we saw earlier this week that Renaissance Learning went ahead and accepted a buyout offer that valued the online education vendor at about 10% less than an unsolicited bid. To our ear, some of the material in the proxies filed in connection [...]

A splashy IPO for Splunk

Posted by on October 20, 2011

Contact: Brenon Daly After spending the past two weeks baking off, Splunk has picked Morgan Stanley, J.P. Morgan Securities and Credit Suisse to run the books on its upcoming IPO, according to sources. The offering is expected to raise $150m for the San Francisco-based company, with the paperwork likely coming in January. Splunk will finish [...]

ViVu bolsters Polycom’s Web-based videoconferencing credentials

Posted by on October 18, 2011

Contact: Thejeswi Venkatesh After sitting out of the market for four years, Polycom’s M&A wheels are turning once again. The acquisition of ViVu on Monday was the company’s third purchase this year, and helps Polycom round out its videoconferencing offerings. With many observers expecting video collaboration to become ubiquitous, the purchase helps Polycom extend its [...]

Big Blue’s recent shopping spree

Posted by on October 17, 2011

Contact: Brenon Daly After a slow start to the year, IBM has dramatically picked up the pace – and the spending – in its M&A program. Big Blue only announced its first deal of 2011 in late March, and then was out of the market for nearly a half-year. But in the past two months [...]

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