alarm:clock: CA Buys Wily for $375M And Other Fresh Deals

BRISBANE, CA Computer Associates (NYSE: CA) To Acquire Wily Technology For $375M in Cash. Wily Has Raised Nearly $60M in VC Funding Since 1998 from Accel Partners, Focus Ventures, Greylock and Peninsula Capital Partners.

alarm:clock: Quokka Sports Founder Cashes In Again

It appears that Wily has had $72M in revenues in the past 12 months, so $375M in cash is a sweet multiple.


Mercury Interactive shares to be delisted from Nasdaq

Mercury Interactive has been de-listed from Nasdaq due to a filing delay. Mercury Interactive’s troubles following the recent resignations of three senior executives are not over. The company has now been de-listed from Nasdaq having failed to fulfill SEC filing requirements on time.

Mercury’s share price has seen a drop of 20% at the point of de-listing, with financial analysts indicating that, should these problems persist, the company’s market-leading position in software testing tools would make it an attractive acquisition target.