Siris Capital

  • Siris Capital to buy Polycom for $2B in cash, Polycom cancels its $1.96B Mitel merger

    Siris Capital to buy Polycom for $2B in cash, Polycom cancels its $1.96B Mitel merger

    Here’s an interesting twist in one of the bigger enterprise acquisition stories of 2016. After Mitel earlier this year announced that it would acquire Polycom for $1.96 billion and consolidate the two companies’ enterprise communication businesses, today private equity firm Siris Capital has come in with a higher offer: it has agreed to acquire Polycom for $2 billion in cash and… Read More

  • Investor Group Buys Mobile Broadband Solutions Company Tekelec For $780M

    Investor Group Buys Mobile Broadband Solutions Company Tekelec For $780M

    Tekelec, a publicly-listed mobile broadband solutions provider, is to be acquired by an investor group in a transaction valued at approximately $780m (or $11 per share) in cash. The investor consortium making the buy is led by private equity firm Siris Capital Group and includes affiliates of The ComVest Group, funds and accounts managed by GSO Capital Partners Sankaty Advisors ZelnickMedia… Read More