Hints and tips:
...Bank underwriters have been waiting for Citrix and Tibco, the software maker it was merged with as part of its buyout, to report full-year audited results before fully launching the $3.95bn debt sale....
...Vista will merge its Tibco software business into the LBO at a $4bn valuation....
...To support the gargantuan debt sale, Elliott contributed more than $2bn in cash while Vista merged its already leveraged Tibco software business at a more than $4bn valuation....
...Citrix will be sold to Elliott Management and Vista Equity for $104 a share, the company said on Monday, and is set to be merged with Tibco Software, one of Vista’s portfolio companies which helps integrate...
...The buyers plan to combine Citrix with Tibco Software, one of Vista’s portfolio companies....
...Following the acquisition, Vista intends to integrate Blue Prism with Tibco, the Silicon Valley-based data analytics company it took private for $4.3bn in 2014....
...The details: Tuesday: Software giant Microsoft and chipmaker AMD report....
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...He most recently worked as chairman of software investment banking at Barclays. He spent much of his career as a software research analyst at Goldman Sachs....
...Other recent leveraged buyouts — including Riverbed Technology, Life Time Fitness, Tibco Software, Red Lobster and Compuware — have eclipsed the six-times leverage ratio guideline set by the Federal Reserve...
...Swift said it would release a software update to thwart the malware....
...Letters in response to this article: Divestment has propelled climate risks into limelight / From Julian Poulter Software guarantee?...
...Indeed, they still do: just look at Vista Equity Partners’ purchase of Tibco for $4.3bn last year, or Thoma Bravo’s $2.4bn purchase of Compuware....
...We spot-checked a handful of other public company tech transactions not involving Qatalyst since 2014 (Accelyrs, ATMI, Micros Systems, Tibco, and AOL)....
...The FT’s Science Editor Clive Cookson reports the world already has 12m service robots, compared with 1.5m industrial robots, with the number expected to rise to 31m by 2018....
...Where journalists once drove software — remember the way we micromanaged our content management systems — software will drive journalism. Media companies will increasingly become tech companies....
...Related reading: Tibco and Pearson: Shares and shares alike- FT Alphaville In Regard Tibco Software Inc. Stockholder Litigation Memorandum Opinion...
...In another coincidence, my Lex colleague, Leslie Hook, wrote a piece on software LBOs in early October inspired by the Tibco deal....
...Shares of Tibco, a US maker of software that allows companies to keep real-time track of inventories, soared 21 per cent to $23.65 after the company announced it would be acquired by private equity firm...
...Vista, which last month acquired business software maker Tibco, has recently finished raising a $5.8bn fund. Vista declined to comment....
...Vista, which last month acquired business software maker Tibco, has recently finished raising a $5.8bn fund. RealPage declined to comment....
...The software sales were driven by an over 94 per cent increase in next-generation titles such as Activision’s Call of Duty: Advanced Warfare and Rockstar’s Grand Theft Auto V....
...Then there are business-focused sites such as LinkedIn, business social networks – such as Yammer, owned by Microsoft, Tibco’s tibbr and Jive – and email subscriptions....
...This involved a blanket ban on internal emails and the rollout of an enterprise social network, based on the tibbr platform from Tibco Software....
...Talking over breakfast in a New York hotel, he still looks like the archetypal tech entrepreneur: focused and somewhat intense, wearing a black polo shirt and charcoal V-neck....
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