M&A Monday
Here are some potential M&A ideas, rumored or official, to jumpstart your deal pipeline. Our sources are various news reports and the Buyouts “Seeking Buyers” list. For prior lists, see below. The CEO of Jumptap Inc., a mobile advertising company which competes with the recently acquired Quattro Wireless, said it “has been approached by potential buyers and is open to being acquired if the price is right.” The company is not actively seeking a buyer. Sierra Geothermal Power Corp. continues to explore strategic alternatives that include a sale of the company and equity financings amid a proxy war with a “concerned shareholder.” Sierra is a renewable energy company focused on the exploration and development of clean, sustainable geothermal power based in Vancouver, British Columbia and listed on the TSX Venture Exchange. Phoenix Technologies, a software company based in California, hired GrowthPoint Technology Partners to “explore strategic alternatives” for its FailSafe, HyperSpace and eSupport businesses.
