Davis Freeberg

Motorola Acquiring Netopia - For Too Low a Price?

It would certainly be interesting to see CSCO try and make a play for NTPA too. It would make sense for their business and Wahlman's probably right about NTPA going on the cheap. On the other hand though, if neither MOT or CSCO both backed away from the company, life would be pretty tough for NTPA over the next couple of years. They compete in a crowded space and lack the muscle to fend off better capitalized rivals. If CSCO does step in with a bid, they'd be wise to consider it, but if not I wouldn't protest too loudly about picking up a 25% premium on an all cash deal.