By Richard Rabicoff
BOSTON and WALTHAM, Mass. -- Siris Capital Group LLC raised $260.48 million to support the acquisition of Morrisville, N.C.-based Tekelec (TKLC). According to the related SEC filing, the Siris-led consortium called Titan Private Holdings I, LLC attracted 29 investors. The acquisition, completed on January 27, 2012, was valued at about $780 million. Tekelec engages in the manufacture of telecommunications products...
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(NASDAQ:AKAM) Akamai provides services for accelerating and improving the delivery of content and applications over the Internet. Wednesday, February 8, 2012, the company will report its fourth quarter earnings.
Expectations: The Wall Street consensus is that the company will report 31 cents per share, up 3.3% from a year ago when Akamai Technologies reported earnings of 30 cents per share. Analysts are expecting earnings of $1.15 per share for the fiscal year. The company's revenue is to of...
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