Tue, May 26, 9:46 AM
- Israel's Calcalist reports Nice Systems (NICE -3.5%) is in talks to buy cloud customer support software provider LivePerson (LPSN +14.8%). The site cautions a deal could take several months to finalize.
- Nice, whose product line includes software for analyzing customer interactions with contact centers, is 5 days removed from announcing the sale of its law enforcement/intelligence agency software unit for $157.9M. LivePerson, meanwhile, is 2 weeks removed from nosediving on account of a Q1 sales miss and weak guidance.
- For reference, Nice's market cap is currently $3.64B, and LivePerson's $585M.
Jun. 20, 2014, 11:00 AM
- The license growth worries that plagued Oracle (ORCL -5.7%) much of last year are back with a vengeance following yesterday's FQ4 miss, in spite of the in-line guidance that followed it.
- Citi has cut shares to Neutral, arguing SaaS (cloud app) strength isn't reflected in earnings. Before the downgrade, the firm noted estimated total license revenue of $4.09B missed its $4.3B estimate.
- But Oracle also has its defenders. BMO (Outperform) asserts Oracle's cloud transition efforts are still going well, and that "new product releases across the board should be a tailwind to growth."
- The firm attributes the FQ4 miss to an apparent "thousand cuts" that include deal slippage, Asia-Pac weakness (an ongoing issue), a shift from up-front license payments to cloud subscriptions, and potential order delays ahead of Oracle's 12c database launch (previous).
- Separately, Oracle has announced it's buying LiveLOOK, a developer of co-browsing/screen sharing tech for Web customer support apps. Terms are undisclosed.
- Oracle, which bought cloud customer support firm RightNow in 2011, plans to integrate LiveLOOK's offerings with its Service Cloud platform. Rival LivePerson (LPSN -0.9%) recently announced a deal to buy co-browsing tech developer Synchronite.
- Prior coverage. CC transcript.
Jun. 3, 2014, 5:46 PM
- LivePerson (LPSN) is buying Synchronite, a German startup that has developed co-browsing technology (allows two or more people to jointly navigate Web pages/apps), for an undisclosed sum.
- LivePerson declares integrating Synchronite's technology with its cloud customer support/engagement platform will allow clients to "provide real-time collaborative assistance" for completing tasks such as filling out forms, resolving technical issues, and completing purchases.
Dec. 5, 2011, 8:29 AMSalesforce.com (CRM) is up 2.8%, joining Taleo (TLEO) and NetSuite (N) in rising premarket in the wake of SAP/SFSF, even though its size (current market cap of $16.3B) makes it tougher for a would-be acquirer to swallow. Also higher: ULTI +1.6%. LPSN +3%. Other names haven't yet seen premarket activity, but could move once markets open. | Dec. 5, 2011, 8:29 AM | 1 Comment
Dec. 3, 2011, 1:24 PMMore on SAP/SuccessFactors: IDC predicted earlier this week the cloud business software space could see a wave of M&A activity, and SAP's big purchase will likely stoke investor hopes for additional deals occurring. Some other cloud software names that could be on the move on Monday: KNXA, TLEO, CSOD, TNGO, N, LPSN, CTCT, SREV. | Dec. 3, 2011, 1:24 PM | 1 Comment
Oct. 24, 2011, 11:44 AM
Oct. 24, 2011, 9:45 AMWhile Salesforce.com (CRM -0.3%) is off slightly following Oracle's (ORCL +0.5%) deal to acquire RightNow (RNOW +19.2%), several other cloud software names are gaining on hopes they might also be acquired - perhaps by Salesforce or SAP. N +4.3%. TLEO +6.5%. LPSN +2.8%. SFSF +4%. DMAN +1.9%. | Oct. 24, 2011, 9:45 AM | Comment!
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LivePerson Inc along with its subsidiaries provides digital engagement solutions offering a cloud-based platform which enables businesses to proactively connect with consumers through chat, voice, and content delivery.
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