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Potential Buyers Contact Summary | |
Strategic Buyers Contact Summary | ($ in millions) |
|
| Made |
| Sent |
|
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| NDA |
| Mgmt. |
|
|
| |
Names to Contact |
| Contact |
| Teaser / NDA |
| Decline |
| Executed |
| Presentation |
| Comments |
| |
|
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| |
ACCESS |
| x |
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| Will hear back later this month. |
| |
Alcatel |
| x |
| x |
|
|
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| Sent Teaser. |
| |
F5 Networks |
| x |
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| Sent e-mail; waiting to hear back. |
| |
LogicaCMG |
| x |
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| Initiated contact. |
| |
Lucent |
| x |
| x |
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| Sent Teaser; left follow-up voicemail. |
| |
Nortel |
| x |
| x |
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| Sent Teaser; left follow-up voicemail. |
| |
Openwave |
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| TWP meeting on 12/2/05. |
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Siemens |
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| Hold off for now. |
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Telcordia Technologies |
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| Oak Tree to contact. |
| |
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|
| |
Total | 9 |
| 6 |
| 3 |
| 0 |
| 0 |
| 0 |
|
|
|
Declined
|
| Made |
| Sent |
|
|
| NDA |
| Mgmt. |
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|
| |
Names to Contact |
| Contact |
| Teaser / NDA |
| Decline |
| Executed |
| Presentation |
| Comments |
| |
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| |
Comverse |
| x |
| x |
| x |
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| Familiar with Oak Tree; focused on integrating Kenan acquisition; “Not the right time”. |
| |
Intellisync |
| x |
| x |
| x |
|
|
|
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| Getting acquired by Nokia. |
| |
Motorola |
| x |
| x |
| x |
|
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|
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| Not interested. Awaiting more feedback. |
| |
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|
|
| |
Total | 3 |
| 3 |
| 3 |
| 3 |
| 0 |
| 0 |
|
|
|
[LOGO]
2
Potential Buyers Contact Summary
Financial Buyers Contact Summary
|
| Made |
| Sent |
|
|
| NDA |
| Mgmt. |
|
|
| |
Names to Contact |
| Contact |
| Teaser / NDA |
| Decline |
| Executed |
| Presentation |
| Comments |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Battery Ventures |
| x |
|
|
|
|
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|
|
| Left a voicemail. |
| |
Francisco Partners |
| x |
|
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| Initiated contact; probably too small. |
| |
Golden Gate Capital |
| x |
| x |
|
|
|
|
|
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| Sent Teaser. |
| |
Vector Capital |
|
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| Hold off for now. |
| |
Garnett & Helfrich Capital |
| x |
| x |
|
|
|
|
|
|
| Sent Teaser. |
| |
The Gores Group |
| x |
| x |
|
|
|
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|
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| Will get feedback on NDA today. |
| |
Austin Ventures |
| x |
| x |
|
|
| x |
| x |
| Interested but expressed concern around valuation. |
| |
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|
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|
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|
|
|
| |
Total | 7 |
| 6 |
| 4 |
| 0 |
| 1 |
| 1 |
|
|
|
Declined
|
| Made |
| Sent |
|
|
| NDA |
| Mgmt. |
|
|
| |
Names to Contact |
| Contact |
| Teaser / NDA |
| Decline |
| Executed |
| Presentation |
| Comments |
| |
|
|
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|
|
|
|
|
|
|
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|
| |
Accel/KKR |
| x |
| x |
| x |
|
|
|
|
| Lack of scale; negative cash flow; might need additional investment. |
| |
Shah Capital |
| x |
| x |
| x |
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| Subscale / negative cash flows / uncomfortable with using Oak |
| |
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| Tree as a platform, given assumption that they’d likely need to complement with additional acquisitions. |
| |
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|
|
|
| |
Total | 2 |
| 2 |
| 2 |
| 2 |
| 0 |
| 0 |
|
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