Thursday, December 19, 2013

Software Deals Likely, MKM Says; Lists Potential Buyers, Targets



 Software Deals Likely. Aivars Lode avantce

Software Deals Likely, MKM Says; Lists Potential Buyers, Targets

2013-11-18 16:29:13.791 GMT

By Beth Mellor     Nov. 18 (Bloomberg) -- Software may see more deals as conditions are ripe for a new round of consolidation, MKM analyst Israel Hernandez says.  * Consolidation driven by weak organic growth facing cash-    rich, large tech cos., need to address shifts to cloud    computing, SaaS, big data, software-defined networking  * Expects most deals to fall in $1b-$5b market cap range,    though cannot rule out larger deals  * Potential buyers in sector include IBM, Cisco, Oracle, SAP,    Hewlett-Packard, Dell, Intel, Microsoft, Juniper  * Potential targets include Citrix, Red Hat, Informatica,    Tibco, Qlik Technologies, Teradata, Check Point Software, F5    Networks, Fortinet  * Also sees recent security IPOs as potential targets,    including Imperva, Palo Alto Networks, Proofpoint, Qualys,    FireEye, Barracuda Networks  * NOTE: In July, FBR said security stocks likely to see more    consolidation after Cisco’s acquisition of Sourcefire



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