Webinar: The future of enterprise IT
Posted by Brenon Daly on February 8, 2012
Contact: Brenon Daly In this era of disruptive technologies, what does the future hold for enterprise IT? What new innovations are expected to reshape software, networking and even the datacenter itself in the coming year? For a look ahead, join us for a special webinar on Thursday, February 9 at 9:00am PST/12:00pm EST. (Click here to [...]
Rough start to 2012 as January tech M&A spending drops 70%
Posted by Brenon Daly on February 1, 2012
Contact: Brenon Daly As the new year starts, tech acquirers have yet to really reach deep to do any deals. In January, aggregate spending on all tech transactions across the globe plummeted to just $3.5bn – the lowest monthly level since the bottom of the recession in February 2009. Compared to the January 2011 total [...]
A continuing M&A recovery in 2011
Posted by Brenon Daly on January 3, 2012
Contact: Brenon Daly The choppiness that was felt in the overall M&A market in 2011 also came through in the totals for the year. While the number of transactions hit a five-year high, spending on tech deals in 2011 didn’t necessarily keep pace. The total value of transactions announced last year around the globe rose [...]
Survey says: Tech M&A is likely to pick up in 2012
Posted by Brenon Daly on December 19, 2011
Contact: Brenon Daly After a summer of discontent, the environment for tech M&A in the coming year once again appears welcoming, according to 451 Research’s annual survey of corporate development executives. More than half of the company dealmakers we surveyed indicated they expected to be busier in the coming year than they had been in [...]
Proofpoint refills the IPO pipeline
Posted by Brenon Daly on December 16, 2011
Contact: Brenon Daly Wedged between the strong debuts this week of two tech companies, Proofpoint has put in its paperwork to refill the IPO pipeline. The subscription-based email security vendor filed for a rather small $50m offering, which is being led by Credit Suisse and Deutsche Bank. Earlier this week, Jive Software hit the market [...]
The Houses of Morgan are in demand for on-demand work
Posted by Brenon Daly on December 8, 2011
Contact: Brenon Daly It turns out that the advisers for the largest-ever SaaS acquisition are also the busiest in terms of restocking the ranks of publicly traded subscription-based software companies. J.P. Morgan Securities, which banked SAP, and Morgan Stanley, which advised SuccessFactors, are upper left on the prospectuses of no fewer than five SaaS vendors [...]
Where to go after the sale?
Posted by Brenon Daly on December 7, 2011
Contact: Brenon Daly, Thejeswi Venkatesh In an effort to bolster its Smart Grid offering, Siemens AG reached earlier this week for eMeter, a company that the German giant had invested in three years ago. The sale comes after San Mateo, California-based eMeter had looked to raise a round of funding last summer, on top of [...]
SuccessFactors works the other side of the deal
Posted by Brenon Daly on December 6, 2011
Contact: Brenon Daly In one of the quickest M&A turnarounds, SuccessFactors has gone from a seller to a buyer in just a matter of days. The human capital management (HCM) vendor announced over the weekend that it would be selling itself to SAP for $3.4bn in cash, the largest-ever SaaS deal. The ink was hardly [...]
The new (unexpected) IPO hotspot
Posted by Brenon Daly on November 30, 2011
Contact: Brenon Daly Forget Silicon Valley or New York or even Boston. The new tech IPO hotspot is a place that typically only gets flown over by investment bankers looking in the more traditional locations for the next companies trying to make it public. What’s the exotic and (potentially) lucrative new launch pad? Indianapolis. That’s [...]
Big money, behind closed doors
Posted by Brenon Daly on November 18, 2011
Contact: Brenon Daly Who needs to go public when there’s so much late-stage money sloshing around out there? That question hit us in the head this week after two startups announced, separately, that they were each raising $50m in new funding. First, it was marketing automation vendor Marketo saying it pulled in $50m in a [...]
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