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Updata Advisors

Updata Advisors

Buyside & sellside M&A advisory for the IT sector. Covering Enterprise Application Software, Internet, Security, IT Services, Infrastructure Software
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RT @tombitt: tech IPOs picking up fast, tech spending also on upswing - slowly coming out of woods.
New survey says 58% of players buy digital goods in a free-to-play games http://venturebeat.com/2009... See our blog post on this http://blog.updataadvisors.com/public...
Microsoft expected to announce it will purchase Sentillion (software provider for the health care industry) http://www.boston.com/busines...
MOL Global to acquire social networking company Friendster Inc. -- no financial terms disclosed though. http://www.pehub.com/57834...
The Deal: Rivals declare Cisco the king of tech M&A. http://ow.ly/Kozy
AOL quietly returns to life on its own today, with its shares gaining 17 cents to close at $23.67. http://ow.ly/Kouv
support.com (SPRT), provider of online technology services, has acquired Sammsoft for $8.5 million in cash. http://money.cnn.com/news...
The Deal: VCs, M&A bankers hopeful for recovery in 2010. http://ow.ly/KkmQ
Francisco Partners to acquire QuadraMed (QDHC), a healthcare IT services provider, for about $126m. http://www.pehub.com/57602...
Carlyle, Apax and KKR interested in buying ICICI Group’s 27% stake in IT firm 3i Infotech. http://dealbook.blogs.nytimes.com/2009...
Apple Confirms Purchase of Music Site Lala.com. http://dealbook.blogs.nytimes.com/2009...
@Techcrunch: Google Is Acquiring AppJet (creator of collab. tool Etherpad) for a price in the low eight-figures. http://www.techcrunch.com/2009...
Reuters: Friendster to be sold to an Asian-listed firm for more than $100 million by the end of the month. http://uk.reuters.com/article...
Blog: Services Firms Ready To Bulk Up As Economy Strengthens: more new hires and acquisitions on the horizon. http://blog.updataadvisors.com/
Services firms are really ready to bulk up. First Infosys, now Wipro plans to hire 5,000 people in the next 1-2 months. http://blogs.barrons.com/techtra...
Yahoo hands social features to Facebook in new deal. http://venturebeat.com/2009...
ICF International to Acquire Jacob & Sundstrom, Inc. for $24 million. http://www.icfi.com/Newsroo...
Networks in Motion, a mobile wireless navigation provider, will sell to TeleCommunication Systems Inc for $170 million. http://www.pehub.com/57097...
Infosys Technologies plans to almost double its work force in the U.S. and still looking for acquisition targets. http://online.wsj.com/article...
AOL is off to a slow start in its return to the public market, already down 11%, according to @savitz. http://blogs.barrons.com/techtra...
Facebook creates dual-class stock structure, but don't take it as a signal they're planning to go public, the WSJ reports. http://online.wsj.com/article...
Joost Is Now Officially Dead – Assets Acquired By Adconion Media Group from @techcrunch http://www.techcrunch.com/2009...
More acquisitions in Twitters future? Who's up first? http://www.pehub.com/56519...
Blog: "Virtual Economy and Social Networking Currencies Bring In Real Cash" -- is there M&A potential?? http://blog.updataadvisors.com/
CDC Software Buying Truition, a Toronto-based provider of SaaS ecommerce platform for retailers and brand manufacturers. http://www.pehub.com/56398...
Listen to Updata Advisor's Michael Parent on Executive Leaders Radio this morning at 10am EST http://www.wwdbam.com/
Updata Blog: AOL Costs Time Warner Billions, But Is There M&A Potential On The Horizon? http://blog.updataadvisors.com/public...
Top mobile app in 2012 will be "money transfer" according to @Gartner_inc. http://www.mobilemarketingwatch.com/top-10-...
Fortinet (FTNT) shares (computer security appliances provider) are already up 33.2% at $16.65 from this morning's IPO price of $12.50.
@maryrduan - our partner who covers IT security will be in touch shortly!
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