Private Equity stories - Page 14
Dick Smith: Fall of a giant
Fri, 26th Feb 2016
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dick smith
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sales
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market
Everyone knows Dick Smith Electronics. So where did it go so wrong? We look back at the company from its early successes to eventual decline.
Dick Smith administrators seek creditors meeting delay
Wed, 27th Jan 2016
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dick smith
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mcgrathnicol
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private equity
Administrators for Dick Smith Holdings will front the Federal Court of Australia this week to ask for approval to delay the next meeting of creditors.
Growth promised as private equity firm takes US$187m stake in StorageCraft
Thu, 14th Jan 2016
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storage
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dr
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cloud services
StorageCraft is promising accelerated growth with new products and services and additional channel investment as TA Associates takes a majority stake.
Symantec sells off Veritas in US$8 billion deal
Wed, 12th Aug 2015
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symantec
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veritas
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gic
Symantec is selling the Veritas information management business for US$8 billion in cash to a group of investors lead by Carlyle Group.
Dick Smith 'transformation' continues with restructure
Fri, 20th Mar 2015
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supply chain
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dick smith
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sales
Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.
Private equity, pension fund take Riverbed ownership
Tue, 16th Dec 2014
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riverbed
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optimization
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thoma bravo
Riverbed seals a £3.6 billion deal with Thoma Bravo and Teachers' Private Capital, eyeing strategic growth and further innovation.
Channel boss appointed as Kaseya seeks 'deeper' engagement; more partners
Wed, 3rd Dec 2014
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virtualisation
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daas
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it automation
Kaseya appoints Kellie Hackney as head of channels in Asia Pacific to deepen partner engagement and revive focus in New Zealand.
2degrees billionaire backer gets Microsoft board nod
Tue, 12th Aug 2014
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uc
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wireless networks
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microsoft
John W. Stanton, billionaire backer of 2degrees, joins Microsoft's board, bolstering the tech giant's mobile and global expertise.
Major step as Dick Smith lists on ASX
Thu, 5th Dec 2013
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dick smith
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trading
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private equity
Iconic consumer electronics business has officially been admitted to the list of the Australian Securities Exchange.
Is it a case of Buy Buy BlackBerry…?
Wed, 9th Oct 2013
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google
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samsung
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cisco
After reaching a US$4.7bn deal to take the company private last week, reports now claim Cisco, Google and SAP have entered the running for the embattl.
BlackBerry bites the bullet with US$4.7bn private deal
Wed, 25th Sep 2013
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blackberry
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technology gifts
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private equity
The struggling Canadian smartphone maker, reeling from a string of poor device sales, enters acquisition agreement with Toronto-based private equity consortium.
Serko plans NZ stock exchange listing
Tue, 14th May 2013
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serko
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private equity
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founders
Auckland software company Serko plans to list on the New Zealand and Australian Stock Exchanges before September this year.
Privacy push drops Dell's profits
Wed, 20th Feb 2013
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network infrastructure
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microsoft
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shareholders
World's third largest PC maker reports a 31% drop in profits, amid Michael Dell's attempt to take the company private.
Dell closing in on $23 billion private deal
Tue, 5th Feb 2013
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network infrastructure
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microsoft
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dell technologies
Dell is on the brink of a monumental $23 billion deal to go private, with shares poised at up to $13.75, in tech's biggest buyout since the recession.
Microsoft in talks to buyout Dell
Wed, 23rd Jan 2013
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network infrastructure
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microsoft
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dell technologies
Microsoft is nearing a multi-billion-dollar deal to help finance Dell's buyout, aiming to transform the iconic computer maker's future.
Dell debating going private
Tue, 15th Jan 2013
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network infrastructure
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bloomberg
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dell technologies
Internet reports suggests the multinational computer company in talks with private equity firms about the move.
Xero heads for Oz after sales hike
Tue, 2nd Oct 2012
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fintech
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financial systems
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xero
The cloud-based accounting platform provider more than doubled first-half sales and expects to list across the Tasman next month as it boosts its oper.
Woolworths sells Dick Smith chain to buyout firm for A$20M
Thu, 27th Sep 2012
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dick smith
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shares
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sales
Woolworths offloads its Dick Smith electronics chain to Anchorage Capital Partners for AUD $20 million, sharpening its focus on core supermarket operations.
Investors to Facebook: more women, please
Wed, 8th Feb 2012
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facebook
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private equity
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women in technology
Ahead of its IPO, Facebook faces criticism for its all-male board, with investors demanding greater gender diversity.
Intercad completes management buyout
Mon, 9th Jan 2012
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3d technology
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anz bank
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private equity
Bosses at Australasian 3D modelling software distribution company take advantage of bank's decision to divest.