Cowen’s Peter Goldmacher picked up the ball Monday morning, and provided a list of 48 potential targets around the world, all in vertical application segments, and all with annual sales between $50 million and $1 billion.
I’ll get to the list in a moment, but first let me note the small list of high profile companies that he says Oracle is not likely to buy: Business Objects (BOBJ), Cognos (COGN) and BEA Systems (BEAS). In the business intelligence category, he says Oracle now has a “full arsenal,” with its acquisitions of Peoplesoft, Seibel and Hyperion. As for BEA, he says that Oracle’s M&A strategy in middleware has allowed it to gain “market and mind share” from BEA.
As for targets, here’s his list, starting with U.S. targets: Advent Software (NASDAQ:ADVS), Ness Technologies (NASDAQ:NSTC), Openwave (OPWV), Synchronoss (NASDAQ:SNCR), Aspen (NASDAQ:AZPN), Phase Forward (PFWD), TriZetto (TZIX), Blackbaud (NASDAQ:BLKB), Blackboard (NASDAQ:BBBB), PLATO Learning (TUTR), i2 (ITWO), Manhattan Associates (NASDAQ:MANH), Micro (NASDAQ:MCRS) and Softbrands (SBN).
Non-U.S. potential targets: Emergis (Canada), FJH (Germany), Innovation Group (U.K.), Linedata (France), SimCorp (Denmark), DMX (Singapore), Infomart (Japan), 20-20 Technologies (Canada), Pricer AB (Sweden), Matrikon (Canada), Swisslog (Switzerland), Alphameric (U.K.), Aveva Group (U.K.), Civica (U.K.), Telvent (Spain).