In this episode, Mark and Trevor noted that this week was significant, from a musical standpoint and a technology standpoint. Other links referenced include:
The WSJ “All Things Digital” conference section with Bill/Steve
Google’s Acquisition of Feedburner
DSL and FTTH Growth up Significantly, especially in Asia
Broadband growth to double within five years
Avaya as the next telecom LBO?
Five Winners in Networx Part II
You can visit our tHAWT archive here. You can register for our tHAWT podcast series via RSS feed by adding this link to your podcast aggregator: http://feeds.feedburner.com/HillAssociates-LivingInAConnectedWorldThawt
As reported late Monday evening:
Silver Lake LP and TPG's TPG Capital LLC last night agreed to purchase telecommunications-equipment company Avaya Inc. for about $8.2 billion, creating the second major leverage buyout in the telecom industry in two weeks... following the $27.5 billion leveraged buyout of wireless carrier Alltel Corp. in late May by TPG Capital and the private-equity arm of Goldman Sachs Group Inc.
Silver Lake and TPG Capital will pay $17.50 a share - a 28% premium from where the stock was trading before the Wall Street Journal reported a week ago that Avaya was in acquisition talks. Avaya closed at $16.72, up 4%, on the New York Stock Exchange June 4th.
More at Bloomberg News (http://www.bloomberg.com/apps/news?pid=20601087&sid=aRIGDy3vcrgM&refer=home_
msteinberg