SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.443+2.1%Feb 6 3:58 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richardred who started this subject9/15/2003 9:43:31 AM
From: richardred  Read Replies (1) of 7265
 
PUMA Agrees to Acquire Synchrologic for Approx $60M [delayed]

Ridgeland, MS, SEP 15, 2003 (EventX/Knobias.com via COMTEX) -- Pumatech, Inc. (PUMA) announced that it has entered into a definitive agreement to acquire Synchrologic, Inc. in a transaction designed to cement PUMA as the leading provider of synchronization solutions to the enterprise, technology licensing and consumer markets. Valued at approximately $60M, the transaction is expected to generate operational savings and positive cash flow for PUMA. A licensing agreement signed by both companies will enable Pumatech to immediately begin marketing and selling Synchrologic's Mobile Suite platform as Pumatech's server-based synchronization solution for enterprise customers.

Press Release

GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit www.knobias.com/cmtx

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext