The Latest in IT Security

Serena Software auction continues as Attachmate exits: sources


By Greg Roumeliotis and Nicola Leske NEW YORK (Reuters) – Private equity firm Silver Lake is proceeding with an auction for its information technology management company Serena Software Inc after talks aimed at selling Serena to its technology peer Attachmate Corp ended, according to people familiar with the matter. Silver Lake is now in talks with a small number of specialist buyout firms, including Veritas Capital Fund Management LLC and Platinum Equity LLC, about selling its majority stake in Serena, the people said. A sale could value Serena Software at between $500 million and $700 million, much less than the $1.2 billion valuation Silver Lake placed on it when it took it over in 2006, the people said.

Comments are closed.


MONDAY, MARCH 27, 2023

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...



Latest Comments