Gigamon is giga-gone! Networking vendor bought by private equity
Networking vendor Gigamon has agreed to sell itself to private equity concern Elliot Management, for around US$1.6bn. The company on Thursday announced that shareholders will be given US$38.50 in cash for each share they own. That's a little more than the $36.15 value of each share at the close of trading, but a 21 per cent …
Biting the hand that feeds IT
