Big Data Spurs Renewed M&A Talks - Research Report on CommVault System, Splunk, AVG Technologies, Jive Software and MSCI

Mon Mar 18, 2013 8:01am EDT

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NEW YORK,  March 18, 2013  /PRNewswire/ --

Today, Wall Street Source announced new research reports highlighting CommVault
Systems, Inc. (NASDAQ:CVLT), Splunk Inc (NASDAQ:SPLK), AVG Technologies NV
(NYSE:AVG), Jive Software Inc (NASDAQ:JIVE) and MSCI Inc (NYSE:MSCI). Today's
readers may access these reports free of charge - including full price targets,
industry analysis and analyst ratings - via the links below.

CommVault Systems, Inc. Research Report

The shares of data storage provider CommVault Systems surged to record highs
today amid rumors of a possible takeover, rising 8.6 percent to  $84.20  per
share. Analysts say a takeover for the growing company would make sense with
their enterprise data and information management software. One particular
analyst from Lazard Capital Markets even recommended buying shares with a target
price of  $95, 24 percent higher than the average of analysts' estimates. He
said that investors and analysts alike are banking on the high growth potential
of the company, stating that its product would be a strategic asset for any
interested party. The Full Research Report on CommVault Systems, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.WallStSource.com/r/full_research_report/f2c7_CVLT]

--

Splunk Inc Research Report

Software maker Splunk is also being involved in takeover talks lately, and
analysts believe the company could command the software industry's highest price
tag in five years. The believe the company would give a prospective buyer a
leading position in the big data market, which IDC Corp. projects will almost
triple in revenue to about  $24 billion  by 2016. Possible buyers include EMC
Corp and VMware Inc, who are willing to pay for the company's relatively high
valuation level. Even International Business Machines is also being thrown in as
another prospective buyer, in which analysts see Splunk as a good fit for the IT
giant. Without assuming a premium, the acquisition of Splunk already would be
the priciest software deal since 2008, according to Bloomberg. The Full Research
Report on Splunk Inc - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.WallStSource.com/r/full_research_report/2cb2_SPLK]

--

AVG Technologies NV Research Report

Security software maker AVG Technologies announced that  J.R. Smith  will step
down as chief executive to become a member of the Supervisory Board until a
successor is named. Chief Operating Officer  John Giamatteo  will take charge of
day-to-day operations in the meantime while the search for the successor
progresses, which will be managed by executive search firm SMPB. Analysts say
Smith left the company to work on growing a newer business, resulting to
downgrades by Morgan Stanley analysts to "Equal-weight" from "Overweight."
However, management predicts growth for revenue and for earnings per share this
year, after posting 30 percent less profit for 2012. The Full Research Report on
AVG Technologies NV - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.WallStSource.com/r/full_research_report/74fc_AVG]

--

Jive Software Inc Research Report

Jive Software has announced the opening of new offices in  Hong Kong, 
Singapore, and in the cities of  Sydney  and  Melbourne  in  Australia. The
maker of Facebook-type social networks for businesses believes it would bring as
much as a 15 percent increase in workforce productivity for its customers in the
area, and 4 percent growth in the top line. Jive has previously worked with a
number of  Asia-Pacific  and global clients to help transform their business
processes, including Ace Insurance, Commonwealth Bank, PwC Australia and REA
Group. Meanwhile, the company expects a loss of  $33 million  to  $37 million 
or  53 to 60 cents  per share for 2013, while revenue is expected to come in at 
$148 million to $153 million. The Full Research Jive Software Inc - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.WallStSource.com/r/full_research_report/8823_JIVE]

--

MSCI Inc Research Report

MSCI has announced that it will sell its forensic accounting research arm CFRA
to a private investor for an undisclosed price. The deal is expected to close
within the next two months, subject to customary closing conditions. However the
deal is not expected to have a material impact on MSCI's results of operations
yet. The company just came from a previous acquisition of performance reporting
solutions provider InvestorForce in late January from marketing firm ICG, for 
$23.5 million  in cash. Management said InvestorForce's performance reporting
and peer benchmarking analytics complements MSCI's performance measurement and
risk management analytics products and services. The Full Research Report on
MSCI Inc - including full detailed breakdown, analyst ratings and price targets
- is available to download free of charge at:
[http://www.WallStSource.com/r/full_research_report/08e7_MSCI]

--

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SOURCE  Wall Street Source

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