Posted on November 17, 2007 by ttaulli
While it seems most Web 2.0 companies are based in Silicon Valley, there are still some exceptions. Take Tilefile, which is based in Sydney, Australia. Interestingly enough, the company got the attention of mighty Motorola (NYSE: MOT) and has announced an investment (the amount was not mentioned).
Actually, Tilefile has a diverse team, including more than [...]
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Posted on November 15, 2007 by ttaulli
Virtual Radiologic’s (Nasdaq: VRAD) IPO is having a good day, with a 12% increase to $19.18.
Then again, the company is addressing a big problem; that is, a shortage of radiologists.
As a result, Virtual Radiologic has built a digital platform that allows radiologists to perform analysis from any location. It’s turned out to be a strong [...]
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Posted on November 14, 2007 by ttaulli
As the saying goes on Wall Street: “You’re only as good as your last deal.”
Well, in the case of alternative investment manager IPOs, the track record has been spotty, as seen with the offerings of Fortress Investment Group (NYSE: FIG) and Blackstone (NYSE: BX).
As a result, the IPO of Och-Ziff (NYSE: OZM) certainly faced a [...]
Filed under: Alternative Investment Managers, Hedge Funds, IPOs | Tagged: Och-Ziff | Leave a Comment »
Posted on November 14, 2007 by ttaulli
True, the IPO track record of alternative asset firms has been underwhelming, as seen with the offerings of Blackstone (NYSE: BX) and Fortress Investment Group (NYSE: FIG). Of course, the credit crunch is making it nearly impossible to finance mega deals.
But, such things aren’t a problem for KKR. After all, the venerable private equity firm has [...]
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Posted on November 13, 2007 by ttaulli
Yet again, there is another mega deal in software: IBM (NYSE: IBM) agreed to purchase Cognos (Nasdaq: COGN).
I think it’s a smart deal. After all, Cognos is still growing and has an extensive product suite in business intelligence, which allows customers to improve the analysis on its data.
But this raises an important issue that many companies [...]
Filed under: M&A | Tagged: Cognos, IBM, Selling a company | Leave a Comment »
Posted on November 12, 2007 by ttaulli
Since it’s IPO in September, athenahealth’s (Nasdaq: ATHN) shares are up a hefty 140%. The company operates a sophisticated on-demand network that helps improve the reimbursements for physician practices. It’s a huge market opportunity ($18 billion or so) and the company is growing at a sizzling rate.
Last week, I talked to the company’s CFO, Carl [...]
Filed under: IPOs | Tagged: athenahealth IPO, IPOs | Leave a Comment »
Posted on November 9, 2007 by ttaulli
As has been widely expected, Visa filed for an IPO. In light of MasterCard’s (NYSE: MA) stunning performance in the public markets, it seems only natural for Visa to follow suit.
And it could rank as one of the largest IPOs in history – perhaps exceeding $10 billion.
I’ve had a chance to scan through the prospectus. [...]
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Posted on November 9, 2007 by ttaulli
Going into this week, China Nepstar (NYSE: NPD) had a price range on its public offering at $11.50-$13.50. Well, as is usual for Chinese IPOs, it was too low. Yesterday China Nepstar priced its shares at $16 and so far in today’s trading, the stock is up 17%.
China Nepstar is the largest retail drugstore chain in China, [...]
Filed under: IPOs | Tagged: China Nepstar, Chinese IPOs | Leave a Comment »
Posted on November 8, 2007 by ttaulli
In China, the advertising market is booming. And, so is the airline industry.
As a result, the combo is supercharging the growth of AirMedia. You see, this company is the largest digital advertising network focused on the travel sector in China.
On Tuesday, the company came to America – for an IPO (the ticker is AMCN). The [...]
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