New Software Equity M&A Report

May 7th, 2011
M & A

Click here to view report.

Highlights:

•1Q11 marked the fifth consecutive quarter the software industry’s benchmark median exit EV/Revenue multiple was above 2.1x TTM revenue. What’s behind the multiple? What are the hot M&A product categories? Are vertical solution providers still in M&A vogue?
•Thirty-nine SaaS companies were acquired in 1Q11, up from only ten during the same quarter a year ago. What SaaS product categories are experiencing rapid consolidation? Are buyers valuing SaaS operating margins over revenue growth rates in the current market?
•What is driving the return of private buyers to the M&A market? How has public buyer M&A

Read More


Yates Perspective: College Basketball and the Tech Entrepreneur

College Basketball and the Tech Entrepreneur

What do a winning college basketball coach and successful technology entrepreneur have in common?  I pondered this question while watching March Madness and the Final Four in Houston several weeks ago.  The similarities are surprising.

Leadership is the key – Whether you’re a college basketball coach or entrepreneur, success is based on your leadership skills.  As Coach K of the Duke Blue Devils remarked, “I don’t look at myself as a basketball coach. I look at myself as a leader who happens to coach basketball.”

Be secure in your convictions – Successful entrepreneurs, like winning coaches,

Read More



New Crime: E-Personation

May 2nd, 2011
Data Security-Privacy

by Paul Arne

Impersonating another person is not always the best idea, and there are number of existing laws that “discourage” people from impersonating another to the detriment of the person being impersonated or the person being fooled. On the Internet, pretending you are someone you aren’t is fairly easy to do; therefore, impersonating another in cyberspace is certainly not an unusual activity. Arguably the most famous comic about the Internet is about “e-personation.”

California has recently seen fit to create a new law to criminalize impersonating another person on the Internet. It came into effect on April 1. “[A]ny

Read More







Featured Tech Company: Open Solutions for Education

April 20th, 2011
Industry Spotlight

Highlights: Bob Ghosh, Co-Founder and CTO of Open Solutions for Education, discusses target markets, revenue models and solutions offered to customers.

Click logo for more information on OpenSIS

 

This information is presented for educational purposes and is not intended to constitute legal advice. Opinions expressed are those of the author and not of Morris, Manning & Martin, LLP; see disclaimer at http://www.www.mmmtechlaw.com/privacy-policy-and-disclaimer/. Contact John Yates

Read More