Telcordia was sold today for $1.3 billion. Nice profit for SAIC, who acquired them in 1997 for $700 million. Light Reading said:
Telcordia is on course for annual revenues of about $880 million, putting the vendor’s price tag at about 1.5 times revenues, in line with many acquisitions in the OSS market this year
There’s a fair amount of irony in that. OSS is the one component that every operator lives and dies by. However, it’s clearly not a market for innovation, so it gets a measly 1.5x multiple.
Alec Saunders is the Vice President of Developer Relations for BlackBerry make Research in Motion. This is his personal blog, with his personal viewpoints. Prior to this Alec was the CEO and co-founder of Calliflower — the easiest way to hold a meeting, online, on a conference call, or on the go. A double-decade veteran of product management and marketing, he spent nine years at Microsoft where he helped launch Windows 95, the first two versions of Internet Explorer, the Universal Plug and Play initiative, the push into home markets, opt-in email marketing and what might well go down in history as the very first direct email list ever.
