Ferris Research Free News
Wednesday, December 02, 2009
  Mimosa Funding Challenges
Ferris Research Home
 

Sign up for the Ferris News Service here

News on messaging, collaboration, and compliance
... email, spam and malware control, archiving, e-discovery, information leak prevention, unified communications, instant messaging, SharePoint, and mobile communications...
Daily Digest: December 3, 2009
 
 
Archiving, E-Discovery, & Compliance

New EMC Centera Virtual Archive Raises the Bar in Digital Archive Management and Scale
Single, Tamper-Proof, Enterprise-Wide Virtual Archive Solves Capacity, Scale, Distance and Management Challenges

CT Summation Announces the Release of iBlaze 3.0  

Email, Messaging & Collaboration

Nayatek Launches Cloud Storage Support for Rackspace Cloud Files  

Intermedia Launches Full Hosted Exchange 2010 and 2007 Support for Motorola Droid  

FaceTime Adds Squid Proxy Support to Unified Security Gateway to Extend Enterprise Security for Web 2.0 Platforms
FaceTime's USG 3.1 Now Supports Both Squid and Blue Coat Proxy Servers and Includes FaceTime Security Labs' Comprehensive Application Signature Database

Phoenix Technologies' Freeze Proximity Security System Now Offered With Trend Micro Internet Security Pro 2010  

Thunderbird Connector for Open-Xchange Now Available
Open Source Alternatives to Microsoft Outlook and Exchange

VIPRE Antivirus + Antispyware from Sunbelt Software Wins VB100 Award for Malware Detection on Windows 7 Platform  

Titus Labs Offers SharePoint Document Converter Free
Software allows organizations to quickly migrate documents to Office 2007 format

Blog Item(s)

Mimosa Funding Challenges

Archiving vendor has recently had a couple of small financings:

  • $3M of equity in June, 2009
  • $4M of debt in November, 2009

Mimosa has never made a profit, and the recession of course has made fund-raising harder. We understand an IPO was deferred due to poor results. We understand, too, that Mimosa sought a buyer last year, but the valuations weren't acceptable to management.

No doubt management is working hard to align revenues with expenses.

We don't know the details, but presumably the cost of the recent financings has been high. In situations such as this, companies with good technology can find they're forced into a fire sale buyout. Sometimes a small short-term debt financing is an immediate precursor to a fire sale.

If an acquisition takes place, it is to be hoped that the acquirer will continue to invest in Mimosa's technology. Sadly, this doesn't always happen. Many acquisitions end in tears, especially where the purchase was inexpensive. ... David Ferris

(Comments?)

About Ferris Research

Messaging. Collaboration. Compliance. Ferris Research analysts bring more experience in these areas than any other firm. Period.

Major areas of interest are email, spam and malware control, archiving, e-discovery, information leak prevention, unified communications, instant messaging, SharePoint, and mobile communications. We help:

  • IT staff evaluate, implement, and maintain these technologies
  • Vendors understand the marketplace and its technologies; explain their products or services to the marketplace; and find strategic partners, raise funds, or sell their company
  • Investors find and evaluate investment opportunities

We've been in business since 1990-longer than any other analyst firm in our field:

  • Clients include many of the world's largest organizations as well as computer vendors from major corporations to small startups.
  • We have published more than 200 formal reports and 1,100 short bulletins.
  • Our news service has approximately 10,000 readers and covers more than 2,000 highly specialized announcements annually.
  • Our research team shares many decades of experience in our core competencies.

In short, our technology and industry depth helps you understand today's products, where they've come from, where they're going, and their value.


Have news you want to share with us or product or interest area that you would like us to cover? Send press releases to releases@ferris.com.

Copyright © Ferris Research 2009.


 


Links to this post:

Create a Link



<< Home
Lets anyone with a professional interest in messaging and collaboration keep up with the news and key trends ... To sign up, go to www.ferris.com ... If you want a version that includes analysis of the news and puts everything in a single email, subscribe to our Analyzer Information Service ... Got some news you want to share with us? Send press releases and conference announcements relevant to messaging to releases@ferris.com ... Copyright © Ferris Research 2005-2006.

ARCHIVES
September 2005 / October 2005 / November 2005 / December 2005 / January 2006 / February 2006 / March 2006 / April 2006 / May 2006 / June 2006 / July 2006 / August 2006 / September 2006 / October 2006 / November 2006 / December 2006 / January 2007 / February 2007 / March 2007 / April 2007 / May 2007 / June 2007 / July 2007 / August 2007 / September 2007 / October 2007 / November 2007 / December 2007 / January 2008 / February 2008 / March 2008 / April 2008 / May 2008 / June 2008 / July 2008 / August 2008 / September 2008 / October 2008 / November 2008 / December 2008 / January 2009 / February 2009 / March 2009 / April 2009 / May 2009 / June 2009 / July 2009 / August 2009 / September 2009 / October 2009 / November 2009 / December 2009 / January 2010 / February 2010 / March 2010 / April 2010 / March 2011 / March 2012 /


Powered by Blogger