Starboard Value
As activist investors target Salesforce, what’s next for the CRM giant?
With two activist investors taking significant stakes in Salesforce, Marc Benioff will be challenged in ways he probably hasn’t been before.
A brief history of activist investors in tech and the role they play
With news of activist investors closing in on Salesforce, TechCrunch+ took a look at how activists have influenced companies’ trajectories in recent years.
Starboard Value goes after 3 tech companies with cost-cutting axe
Let’s examine Salesforce, Wix and Splunk one by one to understand why Starboard Value thinks that each one is failing to meet its true potential.
Starboard Value reportedly taking ‘significant’ stake in Salesforce
Activist investor Starboard Value is taking a “significant stake” in Salesforce today. The firm believes that Salesforce could perform better.
Box strikes back with a quarter that beats everyone’s expectations, including its own
While all the trends appear to be moving in the right direction, can Box keep it going, and what are its projections for FY2023? Let’s take a deeper look at…
There is often a mistaken impression that covering the enterprise is kind of dull when compared to the consumer side of the house, but having followed the space for a…
Box wins proxy board battle with activist investor Starboard Value
A battle between Box and its majority shareholder Starboard Value over control of the board ended today when the company’s slate of directors easily defeated Starboard’s. It culminated months of…
Box reports earnings early to give shareholders time to review financials ahead of board vote
Box has been in an ongoing dispute with activist investors Starboard Value over control of the board, an argument that is expected to come to a head on September 9th…
The war between Box’s current leadership and activist shareholder Starboard took a new turn today with a detailed timeline outlining the two groups’ relationship, thanks to an SEC filing and companion press…
Box beats expectations, raises guidance as it looks for a comeback
Box executives have been dealing with activist investor Starboard Value over the last year, along with fighting through the pandemic like the rest of us. Today the company reported earnings…
Activist investor Starboard Value makes official bid for Box board seats in letter
Last week activist investor Starboard delivered a public letter rebuking Box for what it perceives as underperformance. Today the firm, which owns 8% of Box stock, making it the company’s…
Starboard Value puts Box on notice that it’s looking to take over board
Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management vendor know it in no uncertain terms in a letter published yesterday. The…
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As activist investors loom, what’s next for Box?
Activist investors will only sit still for so long, and when they take action, it usually involves one of two approaches: Replace the leadership team or induce a sale.
Activist investor Starboard Value taking three Box board seats as involvement deepens
When activist investors Starboard Value took a 7.5% stake in Box last September, there was reasonable speculation that it would begin to try and push an agenda, as activist investors…
