Fox In Socks - Knocks On BOX
John Winsell Davies • 11 Comments
John Winsell Davies • 11 Comments
Dec. 31, 2015, 7:03 PM
- Cisco (NASDAQ:CSCO) could make a bid for storage array vendor NetApp (NASDAQ:NTAP) and threat-prevention hardware/software provider FireEye (NASDAQ:FEYE) in 2016, thinks FBR's Dan Ives. Cisco/NetApp speculation has been around for a while. Meanwhile, Cisco has made several security acquisitions in recent years, and appears to be up for more, but has also launched products that compete with FireEye.
- Ives also thinks IBM could bid for machine/log data analytics software leader Splunk (NASDAQ:SPLK) and business intelligence/data visualization software firm QLIK. With a $7.6B market cap and high multiples, Splunk would be a costlier acquisition than IBM's traditional fare.
- HP Enterprise (NYSE:HPE), meanwhile, is seen as a potential suitor for both Qlik and enterprise cloud storage/file-sharing leader BOX. And Oracle (NYSE:ORCL) a potential buyer of cloud ERP, HR, and e-commerce software firm NetSuite (NYSE:N). Larry Ellison owns a large stake in NetSuite (more SMB-focused than Oracle), and the company both competes and partners with Oracle.
- Microsoft (NASDAQ:MSFT), which has made plenty of acquisitions in the Satya Nadella era, is seen as a potential buyer of database security software and Web app firewall vendor Imperva (NYSE:IMPV), as well as of cloud vulnerability management and compliance software firm Qualys (NASDAQ:QLYS). Symantec (NASDAQ:SYMC), which has signaled it will make security acquisitions after the sale of its Veritas unit closes, is considered a possible acquirer of e-mail/compliance security software provider Proofpoint (NASDAQ:PFPT).
- Yesterday: FBR sees improving cybersecurity spend, likes several stocks
Dec. 10, 2015, 10:23 AM
- "We believe an acquisition of GoPro (NASDAQ:GPRO) would make sense for Apple (NASDAQ:AAPL); action cameras are uniquely positioned at the intersection of Apple’s smartphone, wearables, and multimedia offerings," writes FBR's Daniel Ives in a note about potential Apple buyout targets.
- Ives: "Additionally, GoPro’s new product cycles could open the door to areas where Apple’s competitors are investing heavily (e.g., drones, VR), and Cupertino has been playing catch-up. We also see strategic value in GoPro being integrated with Apple’s strong multimedia ecosystem (e.g., iTunes, Apple TV, etc.)."
- Media/ad software giant Adobe (ADBE - $44.4B market cap), enterprise cloud storage/file-sharing leader Box (BOX - $1.6B market cap), and EV/battery maker Tesla (TSLA - $30B market cap) are also named as potential Apple targets. "Box would give Apple an avenue into enterprise storage and enable it to expand its product tentacles (hardware/storage) into the enterprise cloud frontier ... Adobe would provide a nice pipeline into the enterprise ... Adobe’s Document Cloud/Marketing Cloud applications are helping enterprises grapple with the growth of digital marketing, proliferation of mobile devices in the enterprise, and IOT."
- The GoPro remarks come with the action camera leader down 82% from its Oct. 2014 high of $98.47, and sporting a $2.4B market cap. In other news, GoPro announced today it has added Apple Watch support for its iOS app.
- Recent GoPro coverage
- Update (11:48AM ET): GoPro is now up 8.9%. Also announced today: GoPro states its drone (due in 1H16) will be known as Karma. A teaser video has been released.
- Update 2 (2:30PM ET): GoPro is now up 14%. Given a short interest of 31.2M shares (47% of the float) as of Nov. 30, short-covering is likely playing an important role.
Apr. 21, 2015, 10:42 AM
- BlackBerry (BBRY -0.3%) is buying WatchDox, provider of an enterprise file-sharing/syncing platform that emphasizes security. Israel's Globes reports the purchase price is $100M; Geektime reports it's $150M.
- With the help of DRM, WatchDox's platform provides "full visibility and control over how files are edited, copied, printed or forwarded" across PCs and mobile devices, and lets companies remotely revoke access to or delete files. Hollywood studios looking to keep scripts from leaking are among the company's clients. Its HQ is in Palo Alto; R&D facilities are in Israel.
- BlackBerry plans to offer WatchDox's solutions, which can be used in on-premise, public cloud, and hybrid cloud deployments, as a value-added service that complements BES12. The deal follows the December launch of BlackBerry's $6/user/month Secure Productivity bundle.
- Major enterprise cloud storage/file-sharing platform owner Box (BOX -0.9%) is a notable rival. Box, which says it has sold to over 22% of the Global 2000, recently launched a key management service meant to give clients direct control over the encryption of data stored on Box's platform. It has also bought secure browser developer Subspace.
Mar. 3, 2015, 4:45 PM
- BOX has acquired Subspace, developer of a secure browser (based on the open-source Chromium project that Google Chrome relies on) for accessing corporate data and cloud apps. Terms are undisclosed.
- Though Box praises Subspace's technology, the purchase has elements of an acqui-hire: Subspace will shut down its operations next month, and its employees will "help extend the security, compliance and control features of Box's content and collaboration platform to any device used to access data." Subspace CTO Ben Kus has been named Box's director of security product.
- Among other things, Subspace's team will help make Box's Information Rights Management solution (supports preview-only content access and watermarking) applicable to any kind of content., including material accessed by partners and remote workers.
- Last month, Box announced the purchase of cloud software monitoring startup Airpost.
Feb. 23, 2015, 1:07 PM
- Box (BOX -1.7%) has acquired Airpost, a Canadian developer of software that automatically discovers cloud app usage by a company's employees, and allows the company to implement controls and safeguards. Terms are undisclosed.
- Airpost: "By joining the Box team, we have the opportunity to provide security and enablement on an even larger, global scale. Box is at the forefront of secure content collaboration in the enterprise, and we share a common vision for bringing user-driven products that increase productivity securely to the enterprise."
- Box has argued its support for advanced security and compliance features (along with its ecosystem and consumer-friendly UI) help differentiate its cloud storage/file-sharing platform from the aggressively-priced offerings of tech giants.
Box, Inc. is a holding company, which provides a platform for content storage, sharing, and collaboration. It offers content management software for personal, businesses, and enterprises. The company was founded by Dylan Smith, Jeff Queisser, Sam Ghods, and Aaron Levie in March 2005 and is... More
Industry: Application Software
Country: United States
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