Palo Alto puts in its paperwork
Posted by Brenon Daly on April 9, 2012
Contact: Brenon Daly, Thejeswi Venkatesh Long rumored to be an IPO candidate, Palo Alto Networks has finally filed its paperwork for a $175m offering. The application-level firewall security vendor has put up astonishing growth in recent quarters, but unlike other early-stage companies, Palo Alto has been running in the black recently. But the real story – [...]
Dell picks up the pace
Posted by Brenon Daly on April 5, 2012
Contact: Brenon Daly As a relative latecomer to the M&A market, Dell is making up for lost time. The company on Thursday announced its third acquisition of the week, reaching for Vancouver-based Make Technologies. Both Make and Clerity Solutions, which Dell picked up on Tuesday, produce migration software and will be slotted into the services division. [...]
HomeAway finds its way back into the market
Posted by Brenon Daly on April 4, 2012
Contact: Brenon Daly As a private company, HomeAway was a steady buyer. Founded in 2005, the vacation rental website had notched 11 transactions through last year. When it went public last June, the company raised $216m. With the new cash – not to mention shares that, at least initially, were richly valued – HomeAway had plenty [...]
A popping tech IPO market
Posted by Brenon Daly on April 2, 2012
Contact: Brenon Daly If the overwhelmingly bullish equity market didn’t do much for M&A in the first months of 2012, it certainly gave a big boost to the companies looking to go public. Investors have handed out double-digit valuations to a number of IPO candidates so far this year, pushing several new offerings above the [...]
M&A spending slump to start 2012
Posted by Brenon Daly on March 30, 2012
Contact: Brenon Daly With Q1 set to wrap on Friday, M&A spending is on track for its lowest quarterly level in two years. The aggregate value of all tech transactions announced around the globe in the first three months of 2012 slipped to just $31bn, lower than both the previous quarter (Q4 2011) and the same [...]
A milestone for The 451 M&A KnowledgeBase
Posted by Tejas Venkatesh on March 15, 2012
Contact: Brenon Daly, Tim Miller After a decade of charting the ups and downs of the tech M&A market, The 451 M&A KnowledgeBase hit a significant milestone earlier this week: we entered our 30,000 transaction in what has become the go-to database for the tech dealmaking community. When we started building our comprehensive database on [...]
Survey: Business looking up for startups
Posted by Brenon Daly on March 12, 2012
Contact: Brenon Daly Even though M&A activity so far this year has remained rather muted, startups are still seeing a trade sale as the likely exit for their business. In a survey that Montgomery & Co released at its ninth annual technology conference last week, a full three-quarters (73%) of the startups indicated that a sale [...]
A harsh focus on Vocus
Posted by Brenon Daly on February 29, 2012
Contact: Brenon Daly Investors erased more than one-third of the market value of Vocus on Wednesday after the on-demand PR management software provider announced the largest deal in its history. Vocus said Tuesday evening that it will hand over $179m in cash and stock for iContact, a transaction that will add email capabilities to Vocus’ [...]
Shakeout looming in MDM sector?
Posted by Ben Kolada on February 27, 2012
Contact: Ben Kolada The crowded mobile device management (MDM) sector is likely to see a shakeout in the near future. By one account, there are already more than 80 firms vying for space in the growing MDM market. As the sector’s more notable vendors increasingly advance ahead of the competition, we expect laggard firms will [...]
Dell uses M&A (again) to go it alone in storage
Posted by Brenon Daly on February 24, 2012
Contact: Brenon Daly Dell’s reach for AppAssure Software continues the tech giant’s trend of using M&A to reduce its reliance on outside vendors for its $2bn storage business. Most notably, the purchase of Compellent two years ago – following its unsuccessful effort to land 3PAR – reduced Dell’s long-standing partnership with storage powerhouse EMC. In a [...]
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