(Reuters) – Business software maker Tibco Software Inc has been approaching potential suitors, including private equity firms, Wall Street Journal reported, citing people familiar with the matter. Tibco shares closed up 7.5 percent at $20.75 on the Nasdaq on Wednesday. The company had a market value of $3.2 billion as of Tuesday close. The early-stage […]
(Reuters) – Private equity firm Spectrum Equity said on Thursday it had raised $1 billion for its seventh fund focused on investments in information technology services. The fund exceeded its target of $800 million. The latest fund-raising is in line with Spectrum Equity’s previous funds, which focus on investments in information, digital media, software and […]
NEW YORK/SAN FRANCISCO (Reuters) – Goldman Sachs Group Inc technology investment banker Anthony Noto, who helped orchestrate Twitter Inc’s successful IPO in November, is leaving to join private equity firm Coatue Management, according to a Goldman memo and a source familiar with the matter. It is unclear what role Noto, who won plaudits from Wall […]
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