Faced with increased competition from its peers, BroadSoft has been under pressure from shareholders who are behaving like activists. According to sources familiar with the matter at hand, BroadSoft Inc, a U.S. software provider which helps companies with cloud-based communications services, is exploring its options, which includes its potential sale. The moves comes midst BroadSoft…
Given the sensitive nature of the technologies involved at both companies, bankers expect intense antitrust scrutiny by U.S authorities. According to sources familiar with the matter at hand, New York-based private equity firm Veritas Capital is exploring the divestiture of two of its high-tech portfolio companies which have a combined worth of around $3 billion.…
The bidding for the sale is set to begin from September with expected proceeds in the range of hundreds of millions. A Japanese business daily has reported, Fujitsu Ltd is looking at options to divest its mobile operations in the face of fierce competition from bigger rivals. Last February, Fujitsu spun off its mobile phone…
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