Software Deals Likely. Aivars Lode avantce
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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