Rumor: Opsware to buy Tripwire?
Opsware stock is trading roughly 10x revenue, high for its sector? Good time to buy companies. Tripwire had about 35M in revenue in 2005 as reported in the Portland Business Journal (http://portland.bizjournals.com/portland/stories/2006/06/05/daily51.html). If revenue this year is around 50 that would be a significant increase for Opsware. If they pay 200-250M for the acqusition the stock should go up 50% because of the revenue jump … making it effectively a 375M acqution … which should be a good outcome for Tripwire … which has raised about 60M.
Add comment October 8th, 2006
