Coupa Software investor fights possible private equity buyout
Business spending management software provider Coupa Software Inc.'s stock is worth only about a third of what it was a year ago, but one of its big investors is fighting what it says could be a possible lowball private equity buyout.to the San Mateo company's board on Monday that now is not the time to sell.
The potential buyout comes at a time when the value of cloud software companies like Coupa have plunged amid a general pullback on tech stocks. Bessemer Venture Partners' cloud company index stock, which includes Coupa, has lost more than 51.3% of its value in the past year.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Man arrested in robbery at Vista marijuana dispensaryThe incident occurred at a dispensary on East Vista Way near Arcadia Avenue, sheriff's officials said
Les mer »
Clinical drug trials are a booming business and private equity wants in on the actionInvestment firms are pouring billions into one of the health care industry’s more hidden niches - clinical trials.
Les mer »
Yellen sees key role for Treasury's racial equity council despite Republican criticismU.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee, which has drawn the ire of Republican lawmakers, would play a big role in helping the department address acute economic disparities faced by communities of color.
Les mer »
Polestar 2 Gains 68 Horsepower In North America Via Software UpgradeThis pushes the dual-motor Polestar 2’s power output to 476 horsepower, it costs $1,195 and can be done via over-the-air update.
Les mer »
Israeli Software Engineering Start-Up Creates Simulation Training ‘Quests’Wilco enables software engineers to emulate the conditions at a tech startup. The software sends users on ‘quests’ that cover everyday engineering tasks - from deploying an app to finding the root cause of a live software production issue - utilizing real-life technology, but in a safe environment.
Les mer »
Op-ed: Investors need to wait it out before snatching up software stocksOn the surface, it looks like it could be time to buy segments of the market, like software, that took a beating throughout much of 2022. But perhaps not yet.
Les mer »