Posts tagged OTEX
K. Liu's Week in Review

Carbonite (CARB), a provider of data protection services and endpoint security, has agreed to be bought by OpenText (OTEX) for $23.00 per share in cash, a 25% premium to the last closing price preceding the announcement and a 78% premium to the unaffected closing price on the day prior to reports that the company was considering a sale.

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Software IndustryKevin LiuABT-CA, AEYE, ASUR, CARB, CDAY, CYBR, DDOG, FIVN, INST, IZEA, MIME, NICE, OTEX, PING, SNCR, SSTI, TUFN, TWOU, WIX
K. Liu's Week in Review

Earnings, earnings and more earnings largely sums up the week. Within our coverage universe, NetScout Systems (NTCT) posted fiscal Q2 results ahead of expectations and guided Q3 above consensus, sending shares up 10% on the week.

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Software IndustryKevin LiuAKAM, APPF, APPN, ATEN, AYX, AZPN, BLKB, CHKP, CVLT, DT, EGHT, EIGI, FEYE, FTNT, INST, KXS-CA, MOBL, MSTR, NTCT, OTEX, PAYC, PCTY, PS, QLYS, QUMU, SHOP, SWI, TENB, TWLO, TWOU, TYL, VIAV, VRNS, ZEN, ZIXI
K. Liu's Week in Review

It was a busy week in software with several tuck-in acquisitions announced, a deluge of earnings to digest, and some notable executive changes. On the M&A front, Avalara (AVLR) acquired Portway International, a provider of Harmonized System classifications and customs brokerage services.

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Software IndustryKevin LiuAKAM, APPF, ATEN, AVLR, AYX, BAND, BL, BLKB, CBLK, CDAY, CHKP, EGHT, EIGI, EVBG, FEYE, FIVN, FTNT, GDDY, INST, KXS-CA, LPSN, MSTR, NTCT, OTEX, PAYC, PS, QLYS, QUMU, RDWR, RNG, RP, RPD, SHOP, SWI, TLND, TWLO, TWOU, TYL, VRNS, ZEN, ZIXI