Nov. 7, 2011, 2:31 PMAs commenter Charles A. Smith notes, Tekelec (TKLC +13.7%) shares are now changing hands roughly 2% above the $11/share buyout price the company has agreed to. Investors are speculating a higher bid will arrive, though some think Tekelec's continued dependency on its slow-growing call-signaling business will be a deterrent. | Nov. 7, 2011, 2:31 PM | Comment!
Nov. 7, 2011, 7:38 AMNetwork management software vendor Tekelec (TKLC) is being acquired for $780M, or $11/share, in cash, by a consortium led by Siris Capital, a private-equity spinoff of SAC Capital. The deal represents an 11% spinoff to Tekelec's Friday close. The company's shares have effectively moved sideways over the last 13 years. | Nov. 7, 2011, 7:38 AM | 1 Comment
We are a leading global provider of communication network software and systems that enable our customers to effectively and efficiently deliver an array of communications services including voice, text messaging, and mobile data services. Our customers predominantly include mobile (or wireless)... More
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