Day: November 14, 2020

What Elliott may be up to with F5 Networks after past success with tech

Traders work the floor of the New York Stock Exchange.

NYSE

Company: F5 Networks, Inc. (FFIV)

Business: F5 is a leading provider of multi-cloud application services that allow its customers to develop, deploy, operate, secure and govern applications in any architecture, from on-premises to public cloud. the Company’s Traffic Management Operating System (TMOS) based offerings include software products for local and global traffic management, network and application security, access management, Web acceleration and various network and application services. These products are available as modules that can run individually or as part of an integrated solution on the company’s purpose-built BIG-IP appliances and VIPRION chassis-based hardware, or as software-only Virtual Editions.

Stock Market Value: $9.8B ($159.46 per share)

Activist: Elliott Associates

Percentage Ownership:  n/a

Average Cost: n/a

Activist Commentary: Elliott has a history as one of the premiere activist investors in technology companies. Their team includes analysts from leading tech private equity firms, engineers, operating partners – former technology CEOs and COOs. When evaluating an investment they also hire specialty and general management consultants, expert cost analysts and industry specialists. They often watch companies for many years before investing and have an extensive stable of impressive board candidates. Elliott filed a 13D on F5 competitor Citrix Systems, Inc. (CTXS) on June 11, 2015 and outlined a plan for the

Read More

Hostage reported at Ubisoft offices in Montreal

The mayor asked citizens to avoid the area.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


This story originally appeared on Cine Premiere

By Sergio López Aguirre

The parent company of Ubisoft, the video game developer studio, is located in Montreal, Canada , and on Friday the 13th of 2020, various authorities and local media began to report high police activity at Ubisoft’s offices, where several point to a possible hostage-taking at the scene.

According to the first reports from the Montreal police, the special team came due to a previous call to 911 without giving many details about it, but they point out that no person has been injured so far.

In any case, the mayor of the city of Montreal, Valerie Plante, has asked citizens and neighbors to avoid the area for greater security, while she maintains constant communication with the Montreal police force.

Read More