Posted by coder.
Jan
6
Posted by coder.
Financial news — Wily acquired by CA, Mecury Interactive delisted from NASDAQ for failing to fulfill SEC filing requirements on time
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.
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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.
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