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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
tech-lbo
Mentor Graphics: LBO Recommended
Our third company in the EDA review is Mentor Graphics (MENT). As I said in the Cadence piece, if any company in the EDA industry is perfect for an LBO, it is Mentor Graphics. It has at least two excellent franchises – DFM and PCB design – and other players in the industry would be
Cadence: Buyout Rumors Persist
I have regularly commented on the EDA industry and discussed specific companies in the past, including Cadence, Mentor, Magma, and Synopsys. Today I come back to look at Cadence again, and examine what has changed since. During the summer Cadence (CDNS) was rumored to be in buyout discussions with Blackstone and KKR, which I said
Tribune To Zell
Tribune Company accepted a bid from Sam Zell after the Chicago real-estate tycoon met the company’s demand for a higher offer to match one from Los Angeles billionaires Ronald W. Burkle and Eli Broad, The New York Times reported, citing a person close to the talks. Precise terms of the deal were expected to be
Palm Changing Hands
Looks like Palm will change hands this week. The bidders are the usual suspects: Nokia and Motorola on the vendor side, and TPG and Silverlake on the Private Equity side. I was suprised that Dell isn’t bidding, and did some digging to see what’s going on, and found this: :: Here’s why, according to one
CAD / PLM Shuffles
There have been several changes in the CAD / PLM market in the last year, with UGS being purchased by Siemens for $3.5 Billion, and with Dassault reducing its dependence on IBM Global Services. Both moves are surprising, since I don’t at all, see any synergy between Siemens and UGS, and the IBM-Dassault partnership was
Educate LBO: Done
I had speculated in For Profit Education – More LBOs Coming that Educate (EEEE) and Apollo (APOL) were next up, at the heels of Laureate’s (LAUR) acquisition by KKR and associates. I had missed the announcement that Educate’s management has already arranged such a deal to take the owners of Sylvan tutoring services private. Tutoring
For Profit Education: More LBOs Coming
Marketwatch reports: The board of Laureate Education (LAUR), a for-profit provider of higher education, has agreed to a $3.1 billion buyout led by founder and Chief Executive Douglas L. Becker and backed by a private equity consortium including Kohlberg Kravis Roberts & Co., Citigroup Private Equity and hedge fund S.A.C. Capital Management LLC. Under the
Private Equity Needs Exit
WSJ reports that UGS, owned by Siemens, Bain Capital and Silverlake, is about to be sold to Siemens, for $3.5 Billion. The company was purchased 3 years back for $2 Billion. Deals have become much larger since. The WSJ articles hints at an issue the industry is facing: Exit. While there may be players who
