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1
August 2015
Industry Highlights
Industry
News
Summary of Industry News
Private equity firm
Silver Lake
invested
$1 billion in
Motorola Solutions (MSI)
. MSI hopes to accelerate a
transition from selling only radios that police officers, fire departments and other emergency workers use,
to a broader emergency communications platform.
EMC
considers a downstream buyout by
VMWare
.
Qualcomm
announced a realignment plan that aims to reduce costs by $1.4 billion by 2016 and will deliver
pink slips to 15% of employees.
will restructure under new parent company
Alphabet.
Internet of Things (IoT) is expected to drive strong M&A activity.
( link )Notable
M&A
Activity
Recent Merger and Acquisition Activity
The Carlyle Group LP
and
GIC PTE
will acquire
Veritas Technologies Corp.
from
Symantec Corp
. for $8
billion in cash.
Microchip Technology Inc. (NasdaqGS: MCHP)
acquired
Micrel Inc.
from
Starboard Value LP, DePrince,
Race & Zollo, Inc. and others
for approximately $816 million.
CA Inc.
will acquire the Herndon, VA-based network security software company
Xceedium.
Blue Coat Systems
acquired
PerspecSys Inc
from
Intel Capital
,
Paladin Capital Group
and
Ascent Venture
Partners
. PerspectSys is a cloud data protection solutions provider.
Cisco Systems, Inc.
announced intent to acquire remaining stake in
OpenDNS,
for approximately $640
million.
Synopsys Inc.
acquired
Elliptic Technologies Inc,
a provider of embedded security hardware and software
solutions for chipset vendors
.
Intel Corporation
agreed to acquire
Altera Corp.
for approximately $16.7 billion.
Avago Technologies Ltd.
entered into an agreement to acquire
Broadcom Corp.
from
Henry Nicholas III
and others for $36.7 billion.
Capital
Markets
Summary
% Change
The McLean Group Customer Indices
Q1
2015
Q2
2015
YTD
2015
Large Cap Technology Index
0.8%
1.7%
2.6%
Consumer Platforms Index
4.5%
(1.5%)
2.8%
Software Index
10.0%
(0.4%)
9.6%
Cybersecurity Index
4.9%
12.5%
18.0%
Network Providers Index
0.4%
3.4%
3.8%
Devices and Hardware Index
8.1%
(12.4%)
(5.3%)
Semiconductors Index
(5.1%)
(4.7%)
(9.5%)
EDA and Semiconductor Index
4.6%
3.0%
7.8%
S&P 500
0.4%
(0.2%)
0.2%
Large Cap Technology Index:
BABA, AMZN, AAPL, CSCO, GOOGL, IBM, MSFT, ORCL;
Consumer Platforms Index:
EBAY, FB, LNKD, PCLN,, TWTR, YHOO, YELP;
Software Index:
ADBE, CA, CTXS, RHT, CRM, SAP, SWI, SAS, VMW;
Cybersecurity Index:
AVG, CUDA, CKP, FEYE, FTNT, PANW, SYMC, VDSI;
Network Providers
Index:
T, CMCS.A, DTV, DISH, S, TMUS, TWX, VZ;
Devices and Hardware Index:
OM:ERIC B, HPQ, JNPR, KOSE:A066570, MSI, NTAP, KOSE:A005930, ZBRA;
Semiconductors Index:
BRCM, NasdaqGS:CAVM, FSL, INTC, NVDA, QCOM, TXN, ENXTPA:STM;
EDA and Semiconductor IP Index:
LSE:ARM, CDNS, CEVA,
LSE:IMG, MENT, NasdaqGS:SNPS.
As of: 06/30/2015
Sources: S&P Capital IQ, Industry Newswires