NTRG - Netergy Networks (formerly 8x8, Inc.) Message Board

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Technology Stocks : NTRG - Netergy Networks (formerly 8x8, Inc.)

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To: pirate_200 who started this subject	7/25/2000 12:28:44 PM
From: pirate_200	Read Replies (1) of 53

Clarent buys PEAK Software Solutions ---- See: biz.yahoo.com "This acquisition is intended to immediately enhance Clarent's intelligent IP telephony and communications software development activities by adding 56 highly experienced communications software engineers to its R&D team." .... "Under the terms of the agreement, Clarent common stock and cash with an aggregate value of approximately $60 million have been exchanged for all outstanding shares of PEAK." ---- Another buyout (headcount) example: here Clarent pays a little over $1M per engineer ($60M / 56 engineers).

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