Summary
Other Scenarios:
- GOOG - MSFT
- GOOG - NWS
- MSFT - MORN
- NWS - MORN
| Buyer: | Google Inc. (GOOG) | Last Price: | 605.91 | Market Cap.: | 195.64B |
|---|---|---|---|---|---|
| Target: | Morningstar, Inc. (MORN) | Last Price: | 60.81 | Market Cap.: | 3.08B |
Lines of Business Summary:
- Google Inc. (GOOG) competes in 3 industries and 54 product/service groups
- Morningstar, Inc. (MORN) competes in 3 industries and 13 product/service groups
- A combined entity will have 2% Product/Service Group overlap
- Google Inc. (GOOG) has 6 and Morningstar, Inc. (MORN) has 0 suppliers that rely on a material % of their business. They share 0 in common.
Product Summary:
Overlap & Complementary Sectors
| Sector | Buyer | Target | # of Focused Companies |
|---|---|---|---|
Business and Public Services |
|
611 | |
Business Services |
|
228 | |
Professional Services |
|
123 | |
|
Consumer |
|
|
895 |
|
Media |
|
|
140 |
|
Electronic Media |
|
|
63 |
|
Entertainment and Programming |
|
30 | |
|
Print |
|
20 | |
|
Retail |
|
228 | |
|
Electronics and Entertainment |
|
37 | |
|
Finance |
|
1,130 | |
|
Investment |
|
163 | |
|
Asset Management and Financial Advisory |
|
38 | |
|
Securities Sales and Trading |
|
47 | |
|
Technology |
|
|
806 |
|
Hardware |
|
231 | |
|
Computer Hardware |
|
25 | |
|
Information Technology (IT) Services |
|
|
104 |
|
Enterprise and Technology Consulting |
|
60 | |
|
Internet/Online Services |
|
20 | |
|
Software |
|
|
248 |
|
Design/Engineering |
|
22 | |
|
Enterprise Management |
|
66 | |
|
Home/Office |
|
37 | |
|
Industry-Specific |
|
|
81 |
- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.
- Sector Participation. Denotes that the company develops products in this line of business.
Sample Products in Similar Lines of Business |
Sample Products in Complementary Lines of Business |
||
Buyer (Total: 62)
|
Target (Total: 41)
|
Buyer
|
Target
|
Business Relationship Summary:
Top Key Suppliers |
Top Key Customers |
||
Buyer (Total: 36)
|
Target (Total: 0)n/a |
Buyer (Total: 16)
|
Target (Total: 3)
|
Key Financial Summary:
Key Metrics
| Buyer | Target | |
|---|---|---|
| Number of Employees | 28,768 | 3,300 |
| Revenue Per Employee | 1,483,737.0 | 200,252.2 |
| Total Revenue | 10,584.0 | 160.1 |
| Total Expenses | 7,077.0 | 126.2 |
Other Revenue
|
n/a | n/a |
|
Cost of Revenue
|
3,702.0 | 48.1 |
|
SG&A Expense
|
2,077.0 | 53.7 |
|
Research & Development
|
1,298.0 | 13.5 |
|
Other Operating Expense
|
n/a | n/a |
|
Operating Income
|
3,507.0 | 33.9 |
|
Unusual Income
|
n/a | n/a |
|
LT Debt to Capital
|
4.88 | n/a |
|
Fwd P/E
|
16.77 | n/a |
|
Fwd P/Rev
|
5.51 | n/a |
| Book Value | 58,145.0 | 835.1 |
|
Curr Portion of LTD/Cap Lease
|
n/a | n/a |
Individual Company Summary
Focused
Buyer
Focused ():
Consumer > Media > Electronic Media > Consumer Content > Web Navigation > Search > Search Engine
Target
Focused ():
Consumer > Media > Electronic Media > Professional Content > Financial Data > Institutional Financial Content and Research
Business Description
Buyer
Google Inc. (Google) is focused on improving the ways people connect with information. The Company generates revenue primarily by delivering online advertising. The Company focuses on areas, such as search, advertising, operating systems and platforms, and enterprise. The Company maintains an index of Websites and other online content, and make it available through its search engine to anyone with an Internet connection. Businesses use its AdWords program to promote their products and services with targeted advertising. The Google Network use its AdSense program to deliver relevant ads that generate revenue and enhance the user experience. In February 2010, the Company acquired Aardvark and On2 Technologies, Inc. In May 2010, The Company acquired of AdMob, Inc. (AdMob). In August 2010, the Company acquired Slide, Inc. (Slide). In December 2010, the Company acquired Widevine Technologies, Inc. (Widevine). In April 2011, the Company acquired PushLife.
Target
Morningstar, Inc. (Morningstar) is a provider of independent investment research to investors worldwide. The Company offers a range of data, software, and research products for individual investors, financial advisors, and institutional clients through its Investment Information segment. It also provides asset management services for advisors, institutions, and retirement plan participants through its Investment Management segment. In addition to its United States-based products and services, Morningstar offers local versions of its products designed for investors in Asia, Australia, Canada, Europe, and South Africa. During the year ended December 31, 2010, it acquired Footnoted business of Financial Fineprint Inc., Aegis Equities Research, Old Broad Street Research Ltd., Realpoint, LLC, Annuity intelligence business of Advanced Sales and Marketing Corporation, and acquired an additional 75% interest in Morningstar Danmark A/S (Morningstar Denmark).
Deal Summary
Key Ratios
| Buyer | Target | |
|---|---|---|
|
Gross Margin %
|
65.24 | 72.04 |
|
Operating Margin %
|
30.48 | 21.71 |
|
Quick Ratio
|
5.7 | 2.22 |
|
Current Ratio
|
5.92 | 2.3 |
|
Coverage Ratio
|
n/a | n/a |
| Total Assets | 72,574.0 | 1,134.3 |
| Return on Equity % | 96.59 | 56.62 |
| Return on Assets % | 77.39 | 41.69 |
|
Cash+ ST Inv. Per Share
|
135.64 | 8.47 |
| Total Debt | 4,204.0 | 0.0 |
| Total Debt to Equity % | 7.23 | 0 |
| Total Debt to Tangible Equity % | 8.54 | 0 |
|
Debt to Asset %
|
5.79 | 0.00 |
Product Summary
| Sector | Buyer | Target |
|---|---|---|
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Business and Public Services |
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Business Services |
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Professional Services
Includes accounting, advertising, consulting, legal, and printing services.
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Consumer |
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Media |
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Electronic Media
The Electronic Media sector focuses on content delivered electronically, primarily over the Internet, and comprises both online publishing intended for end users, and services providing data feeds for other electronic publishers and Web sites. (The online presences of companies delivering content primarily via Television, Radio, and Print are generally not included.) Does not include trade name delivered via mobile devices, if this content is also offered primarily via the internet.
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Entertainment and Programming
Companies engaged in the production of motion pictures, music by recording artists, and programming for Radio and Television. Related Post-Production services are also included. This sector also includes Movie Theaters, which feature the films produced by Motion Picture companies.
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Print
The Print sector is comprised of companies engaged in the business of print circulation, including books, classified publications, directories, magazines, newspapers, shoppers, and trade journals.
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Retail |
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Electronics and Entertainment
Electronics stores and entertainment stores selling consumer electronics, computers, software, books, music, movies, sporting goods, and toys.
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Finance |
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Investment |
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Asset Management and Financial Advisory
The Asset Management and Financial Advisory branch profiles services and companies involved in directly managing personal and institutional portfolios and investment instruments, as well as advisory services like retirement and financial planning, asset allocation, and risk assessment. Banks are generally not attached to the Asset Management and Financial Advisory branch unless their asset management or financial advisory subsidiaries clearly operate with a significant level of independence from the company's core banking operations. Asset Management targeted specifically at Retail customers are considered part of Retail Brokerage and Financial Management in the Securities Sales and Trading section.
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Securities Sales and Trading
The Securities Sales and Trading subsector consists primarily of services provided by investment firms acting as agents between a buyer and seller of securities, usually charging a commission, and are registered with the exchange where the securities are traded. Securities exchanges and ECNs are also included.
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Technology |
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Hardware |
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Computer Hardware
The Computer Hardware sector includes corporate, consumer, and industrial computer systems, and related peripherals, components, and power management products.
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Information Technology (IT) Services |
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Enterprise and Technology Consulting
Information technology related to consulting services designed to improve a client company's operating efficiency, and business capabilities through the expert application of information technology resources and best practices. These services can be delivered on a project-by-project basis, or via an on-going relationship.
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Internet/Online Services
The Internet/Online Services subsector is comprised primarily of outsourced services that help companies do business or establish a presence on the Internet. The sector includes services such as website development, Internet strategy consulting, ecommerce, marketing, security, and hosting.
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Software |
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Design/Engineering
Software used in professional design and development applications, including the design of integrated circuits, creating/editing multimedia productions, and creating web-based or stand-alone software applications.
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Enterprise Management
Software designed to maximize the efficiency and productivity with which the enterprise is run. Includes Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) software.
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Home/Office
Personal productivity and entertainment software targeted toward consumer and business users.
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Industry-Specific
Software that has functionality specific to a vertical industry.
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- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.
- Sector Participation. Denotes that the company develops products in this line of business.
Product Details
| Sector | Buyer | Target |
|---|---|---|
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Business and Public Services |
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Business Services |
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Professional Services |
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Electronic Transaction Processing and Clearinghouse Activities |
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Electronic Payment Processing
Includes companies engaged in the electronic payment transaction processing activities such as credit, debit, gift and loyalty card and other payment processing services, along with related information services. Electronic Funds Transfer (EFT) and Automated Clearing House (ACH) activities are also included.
Buyer Products:
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Marketing Communications and Advertising Services |
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Online Marketing and Advertising Support Services
Companies that provide a wide variety of marketing and advertising support solutions for online businesses (paid search advertising, search-and-call based advertising, etc.). Includes Internet lead aggregation services. Digital/Interactive Marketing Agencies are included under Marketing Specialists.
Buyer Products:
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Consumer |
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Media |
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Electronic Media |
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Consumer Content |
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Communication and Collaboration |
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Blogs
Websites which enable users to create blogs (Short for weblog, which is essentially a journal that is available on the internet).
Buyer Products:
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Social Bookmarking
Websites which provide social bookmarking services, which allows users to save and share bookmarks to other websites, as well as other community sites which feature user-contributed content.
Buyer Products:
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Social Networking
Websites which offer social networking, as well as event invitation services.
Buyer Products:
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Entertainment |
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City Guides
Web sites that provide entertainment related info for specific cities, including bar and restaurant reviews/information, attractions, and upcoming events.
Buyer Products:
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Downloads and Streaming Digital Entertainment Content |
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Music and Video
Service which allows users to listen to live streaming music and/or download music or video from the internet to a local hard drive.
Buyer Products:
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Video
Websites which provide general entertainment and information without a specific emphasis. These services are similar to television stations that provide a variety of programs.
Buyer Products:
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Information and News |
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Classifieds and Directories |
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Directory
Web-based business/individual directories. Includes white/yellow pages.
Buyer Products:
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Finance
Financial Content targeted toward consumers. Frequently free, some content is available on a subscription basis.
Buyer Products:
Target Products:
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Maps
Web sites that provide online maps and driving directions.
Buyer Products:
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News
Syndication of news to various websites.
Buyer Products:
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Web Navigation |
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Portal
Portals are destination sites that aid users in navigating the World Wide Web. Incorporating both Search Engines and Directories, these sites act as all-inclusive starting points for the web, usually offering additional services such as news, shopping, e-mail/instant messaging, online games, and clubs/groups.
Buyer Products:
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Search |
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Information Aggregator
Websites which offer searchable content aggregated by users or 'experts' based by topic.
Buyer Products:
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Search Engine
A web site that employs 'bots' to search the internet. Search engines take the information obtained by these bots and use it to create a searchable index of the internet.
Buyer Products:
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Professional Content |
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Financial Data |
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Execution and Quote Platforms
Offered to large-volume trading professionals, including active trader data, such as real-time quotes, advanced analytics, and access to trade execution.
Target Products:
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Financial Reference Data
Financial market reference data offered to financial institutions as well as third party distributors typically aggregated in a data feed, including pricing, financial ratios, SEC filings, valuation metrics, and other data.
Target Products:
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Institutional Financial Content and Research
Research reports and other content targeted towards institutional clients, including fund managers, buy-side analysts, and other financial professionals.
Target Products:
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Intellectual Property
Web sites which provide information regarding the ownership rights of inventions, trademarks, patents, works of art, literature, images, etc. that are used for the purpose of commerce.
Buyer Products:
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Stock Footage |
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Still Images
Includes services offering photographic and other pictorial content, licensed for use by other media organizations.
Buyer Products:
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Entertainment and Programming |
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Television, Film and Video |
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Production |
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Television |
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Domestic |
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News/News Magazine
Shows that present current news events. These shows often have reporters out in the field, along with interviews from the world of entertainment, sports and finance.
Buyer Products:
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Print |
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Publishing |
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Books |
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Domestic |
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Non-Fiction |
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Industry Specific |
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Business/Finance
Published Encyclopedias used as a reference guide for the Business/Financial institutions.
Target Products:
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Trade
Books on business or tailored toward people working in or associated with particular industries.
Target Products:
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Magazines |
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International |
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Asia/Pacific |
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Business/Financial
Magazines with information on business and money management.
Target Products:
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Trade Publications |
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Newsletters |
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Domestic |
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Finance
The Finance sub sector is comprised of newsletters that update professionals in the finance industry.
Target Products:
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Retail |
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Electronics and Entertainment |
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Entertainment |
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Books, Movies and Music |
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Book Stores
Book, magazine, and newspaper stores.
Buyer Products:
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Finance |
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Investment |
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Asset Management and Financial Advisory |
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Institutional/High-Net Advisory |
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Institutions
Financial advisory and/or asset management services for institutions, corporations, governments, financial intermediaries, unions, endowments, foundations and pension funds. Includes alternative investment placement agents (or fund placement agents) who raise money for and direct money towards private equity funds, venture capital funds and hedge funds. Also includes separately managed accounts.
Target Products:
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Securities Sales and Trading |
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Research |
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Securities Research
Services provided by investment firms that involve the analysis of particular securities, commodities and industries.
Target Products:
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Technology |
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Hardware |
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Computer Hardware |
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Systems |
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Business/Personal |
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Server |
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Search Appliance
Servers designed to handle intensive enterprise search requirements.
Buyer Products:
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Information Technology (IT) Services |
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Enterprise and Technology Consulting |
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Industry-Specific IT Services |
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Financial Services
IT solutions tailored and marketed for the financial services industry.
Target Products:
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Internet/Online Services |
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Hosting Services |
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Web Hosting Services |
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Managed Hosting
Service in which the Web hosting company provides the connectivity and the hardware, and the client company provides only the Web content.
Buyer Products:
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Software |
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Design/Engineering |
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Design Automation |
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Computer Aided Design (CAD) |
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Modeling |
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2D/3D Drafting
Design software that creates two- or three-dimensional draft drawings.
Buyer Products:
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Mapping and Geographic Information Systems (GIS)
Software that dynamically creates maps and can either locate an object or location on those maps, or compute driving directions between two points. Companies providing digital map information are also included.
Buyer Products:
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Multimedia |
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Video |
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Video Enhancement Technology
Video enhancement technology licensed to video/audio OEMs, as well as film studios, production companies, and movie theaters.
Buyer Products:
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Software Development |
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Development Environments |
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General |
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Standard Programming Languages
Software development environments that permit programming using any number of widely-used standard programming languages such as Basic, C, C++, Java, COBOL, and Fortran.
Buyer Products:
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Specialized |
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Handheld Applications
Software development environments designed to author applications for handheld devices.
Buyer Products:
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Support Utilities |
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Component Libraries
Software products which contains a collection of pre-built object components that can be used to rapidly assemble new program applications.
Buyer Products:
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Website Development |
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Web Analytics
Software that tracks visitor statistics such as number, length of stay, and navigation patterns.
Buyer Products:
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Website Authoring/Publishing
Software used to create non-transactive Websites.
Buyer Products:
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Enterprise Management |
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Content Management |
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Document Management |
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Creation/Management
Software which creates electronic forms/documents, either from multiple data sources, or independently. Includes routing/distribution, search, viewing, and storage capabilities.
Buyer Products:
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Enterprise Search
Software which allows enterprises to gather and organize specific information located within their systems electronically.
Buyer Products:
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Web Content Management (WCM)
Software that enables non-technical personnel to update and manage web content.
Buyer Products:
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Customer Relationship Management (CRM) |
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Marketing |
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Analytics
Tools used for analyzing market trends, customer behavior, profitability, and overall marketing effectiveness.
Buyer Products:
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Home/Office |
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Handheld/Smart Phone |
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Applications |
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Browsers
Web browsers specifically designed for Handhelds and Smart Phones.
Buyer Products:
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Mobile Search
Software service that enables a user to search for content using voice commands or text queries.
Buyer Products:
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Office Productivity
Software that provides general office functionality (word processing, spreadsheet, etc.) specifically for handheld platforms.
Buyer Products:
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Operating Systems |
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Smart Phone
Operating system designed for smart phones, which is a phone with a microprocessor, memory, screen and built-in modem. The smart phone combines some of the capabilities of a PC in a handset device.
Buyer Products:
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Multimedia |
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Video |
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Encoding
Software which encodes video and audio to a format compatible with a specific streaming software format, e.g. Real Player, or Media Player.
Buyer Products:
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Photo
Software-based editing systems that are designed to modify photographs.
Buyer Products:
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Productivity |
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Communications |
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Messaging |
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Chat/Instant Messaging
Software that allows users to send and receive text communications either in a real-time forum (chat) or as batch messages that are conveyed instantly (instant messaging).
Buyer Products:
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E-mail Client
E-mail messaging platforms, which act as the interface for people to send and receive e-mail messages.
Buyer Products:
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Video
Software that allows users to communicate through video messaging or real-time video chat .
Buyer Products:
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Web Browsers
Software used to navigate the internet.
Buyer Products:
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Document Creation |
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Linguistics
Software that provides grammar/spelling check and translation functionality.
Buyer Products:
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Presentation
Software applications that enable end-users to quickly and easily integrate and create presentations.
Buyer Products:
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Spreadsheets
Software which provides sophisticated calculation and rudimentary database functionality based on a two dimensional array of values.
Buyer Products:
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Word Processing
Software that provides creation and editing of text documents.
Buyer Products:
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Personal Information Management |
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Scheduling
Software designed to manage personal information, such as schedule, address/contacts, and to do lists.
Buyer Products:
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System Software |
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Desktop Utilities
Software that adds functionality to the GUI or file management capabilities of desktop operating systems, including memory management, operation automation, virus checking and removal, and diagnostics.
Buyer Products:
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Operating Systems
Single-installation operating systems designed for desktop computers.
Buyer Products:
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Industry-Specific |
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Finance |
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Insurance
Software designed specifically for insurance companies.
Target Products:
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Investment Management/Brokerage
Software designed specifically for investment-related financial firms.
Target Products:
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Healthcare/Pharma |
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Business Management/Information Systems |
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Patient Data Management |
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Patient Records
Software involved in the management of patient records, including Electronic Medical Records, Master Patient Index, Physical Record Tracking, and the automation of these processes.
Buyer Products:
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Media/Entertainment |
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Interactive Television
Software that enables additional information to be provided to television viewers on an on-demand basis. The content is delivered through a cable set-top box and generally involves an Internet connection.
Buyer Products:
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Telecommunications |
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Enhanced Services |
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Advanced Services
Software pertaining to advanced services offered by wire line and wireless carriers, including Local Number Portability (LNP), CALEA Wiretap compliance, SS7 (Signaling System 7), Call routing, Interactive Voice Response (IVR), and Emergency point of origination software.
Buyer Products:
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Transportation |
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Travel Agency/Car Rental
Software that manages information specific to travel agencies and car rental companies.
Buyer Products:
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- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.
- Sector Participation. Denotes that the company develops products in this line of business.
Relationship Details
Key Competitors
| Name | Dir | Rel. Revenue % | Market Cap. | P/E Ratio (TTM) | Fwd P/E | P/R Ratio (TTM) | Fwd P/Rev | Price To Tang. Book Value | |
|---|---|---|---|---|---|---|---|---|---|
| Overlap | |||||||||
Microsoft Corporation
|
|
n/a | 255,495.222 | 10.93 | 11.48 | 3.55 | 3.49 | 6.10 | |
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News Corp
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n/a | 52,143.826 | 10.05 | 14.46 | 0.89 | 1.53 | 12.54 | |
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Yahoo! Inc.
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n/a | 20,378.558 | 20.01 | 19.51 | 4.09 | 4.56 | 2.43 | |
| Buyer | |||||||||
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Apple Inc.
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n/a | 457,445.192 | 13.84 | 11.57 | 3.58 | 2.92 | 5.34 | |
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Microsoft Corporation
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n/a | 255,495.222 | 10.93 | 11.48 | 3.55 | 3.49 | 6.10 | |
| Target | |||||||||
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Microsoft Corporation
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n/a | 255,495.222 | 10.93 | 11.48 | 3.55 | 3.49 | 6.10 | |
|
Google Inc.
|
|
n/a | 195,640.947 | 18.49 | 16.77 | 3.52 | 5.51 | 3.97 | |
|
News Corp
|
|
n/a | 52,143.826 | 10.05 | 14.46 | 0.89 | 1.53 | 12.54 | |
|
Time Warner Inc.
|
|
n/a | 39,200.033 | 14.28 | 11.86 | 1.35 | 1.34 | n/a | |
|
Thomson Reuters Corporation (USA)
|
|
n/a | 22,200.262 | n/a | 12.41 | 1.61 | 1.75 | n/a | |
|
Yahoo! Inc.
|
|
n/a | 20,378.558 | 20.01 | 19.51 | 4.09 | 4.56 | 2.43 | |
|
The McGraw-Hill Companies, Inc.
|
|
n/a | 13,715.176 | 41.92 | 13.90 | 4.89 | 2.11 | n/a | |
|
Moody's Corporation
|
|
n/a | 8,791.228 | 15.67 | 14.32 | 3.85 | 3.54 | n/a | |
|
Verisk Analytics, Inc.
|
|
n/a | 6,665.090 | 25.45 | 21.30 | 5.23 | 4.65 | n/a | |
|
FactSet Research Systems Inc.
|
|
n/a | 4,192.565 | 24.42 | 22.62 | 5.59 | 5.26 | 15.61 | |
|
SEI Investments Company
|
|
n/a | 3,540.215 | 17.85 | 15.58 | 3.81 | 3.64 | 4.94 | |
|
LPL Investment Holdings Inc.
|
|
n/a | 3,472.087 | 20.86 | 14.93 | 1.00 | 0.94 | n/a | |
|
CoStar Group, Inc.
|
|
n/a | 1,459.733 | 95.28 | 58.64 | 5.99 | n/a | 2.64 | |
|
Advent Software, Inc.
|
|
n/a | 1,423.616 | 62.34 | 36.89 | 4.36 | 3.96 | 49.23 | |
|
Financial Engines Inc
|
|
n/a | 1,069.268 | 63.03 | 64.73 | 7.84 | 6.12 | 5.39 | |
|
Demand Media Inc
|
|
n/a | 517.847 | n/a | 46.00 | 1.65 | 1.36 | 7.22 | |
|
Mercer International Inc.
|
|
n/a | 364.899 | 3.04 | 9.59 | 0.30 | 0.33 | 1.20 | |
|
Envestnet Inc
|
|
n/a | 359.972 | 54.27 | 25.49 | 2.99 | 2.50 | 4.30 | |
|
The Dolan Company
|
|
n/a | 323.504 | 16.33 | 18.41 | 1.10 | 1.05 | n/a | |
|
Value Line, Inc.
|
|
n/a | 115.274 | 3.02 | n/a | 2.88 | n/a | 4.10 | |
- Defined by the Company
- Defined by Others
Dependent Suppliers
| Name | Dir | Rel. Revenue % | Market Cap. | P/E Ratio (TTM) | Fwd P/E | P/R Ratio (TTM) | Fwd P/Rev | Price To Tang. Book Value | |
|---|---|---|---|---|---|---|---|---|---|
| Buyer | |||||||||
|
Vertro Inc
|
|
87.00% | 9.880 | 0.83 | 65.50 | 0.31 | 0.32 | 6.44 | |
|
Qihoo 360 Technology Co. Ltd
|
|
21.10% | 1,935.371 | n/a | 38.68 | 18.34 | 6.92 | 5.79 | |
|
AOL, Inc.
|
|
16.48% | 1,962.905 | 142.16 | 33.35 | 0.89 | 0.93 | 2.02 | |
|
ValueClick, Inc.
|
|
15.10% | 1,554.415 | 14.36 | 17.69 | 1.94 | 2.26 | n/a | |
|
Lionbridge Technologies Inc
|
|
11.00% | 159.306 | 103.60 | 16.94 | 0.37 | 0.37 | 4.64 | |
|
Pandora Media Inc
|
|
6.30% | 2,156.107 | n/a | 1,321.00 | n/a | 5.06 | n/a | |
|
Intel Corp
|
|
n/a | 140,175.445 | 11.16 | 11.01 | 2.60 | 2.49 | 4.61 | |
|
Infineon Technologies AG
|
|
n/a | 10,617.508 | 7.90 | 15.87 | 2.15 | 2.10 | 3.20 | |
|
Nielsen Hldg NV
|
|
n/a | 10,211.901 | 155.33 | 16.80 | 1.85 | 1.77 | n/a | |
|
Scripps Networks Interactive, Inc.
|
|
n/a | 6,953.946 | 17.36 | 13.61 | 3.36 | 3.14 | 22.21 | |
|
Equinix, Inc.
|
|
n/a | 6,043.061 | 77.11 | 49.79 | 3.97 | 3.25 | 6.02 | |
|
DuPont Fabros Technology, Inc.
|
|
n/a | 1,449.984 | 26.50 | 13.35 | 4.07 | 4.43 | 1.21 | |
|
RPX Corp
|
|
n/a | 901.441 | 26.04 | 25.75 | 6.17 | 4.04 | 6.69 | |
|
DigitalGlobe Inc
|
|
n/a | 771.218 | 595.11 | 22.37 | 2.38 | 2.03 | 1.53 | |
|
COMSCORE, Inc.
|
|
n/a | 717.176 | n/a | 169.62 | 3.25 | 2.52 | 26.90 | |
|
iStar Financial Inc.
|
|
n/a | 677.232 | n/a | -3.15 | 1.16 | 1.80 | 0.43 | |
|
21Vianet Group Inc
|
|
n/a | 643.956 | n/a | 37.44 | 9.40 | 2.87 | 3.08 | |
|
Autonavi Holdings Ltd
|
|
n/a | 567.828 | 6.72 | 13.91 | 4.93 | 3.78 | 2.40 | |
|
Monotype Imaging Holdings Inc.
|
|
n/a | 545.172 | 23.76 | 18.22 | 4.51 | 4.08 | n/a | |
|
InnerWorkings, Inc.
|
|
n/a | 540.756 | 37.99 | 26.66 | 0.92 | 0.71 | 3.13 | |
|
Demand Media Inc
|
|
n/a | 517.847 | n/a | 46.00 | 1.65 | 1.36 | 7.22 | |
|
KIT digital, Inc.
|
|
n/a | 503.259 | n/a | 13.53 | 2.74 | 1.68 | 7.06 | |
|
GeoEye Inc.
|
|
n/a | 492.076 | 10.21 | 10.19 | 1.44 | 1.40 | 1.22 | |
|
InfoSpace, Inc.
|
|
n/a | 465.045 | 33.92 | 19.48 | 1.67 | 1.78 | 1.64 | |
|
CoreSite Realty Corp
|
|
n/a | 421.688 | n/a | 15.41 | 2.55 | 2.11 | 3.07 | |
- Defined by the Company
- Defined by Others
Key Customers
| Name | Dir | Rel. Revenue % | Market Cap. | P/E Ratio (TTM) | Fwd P/E | P/R Ratio (TTM) | Fwd P/Rev | Price To Tang. Book Value | |
|---|---|---|---|---|---|---|---|---|---|
| Buyer | |||||||||
|
Verizon Communications Inc
|
|
n/a | 106,684.598 | 44.44 | 15.17 | 0.96 | 0.93 | n/a | |
|
Yahoo! Inc.
|
|
n/a | 20,378.558 | 20.01 | 19.51 | 4.09 | 4.56 | 2.43 | |
|
IAC/InterActiveCorp
|
|
n/a | 3,827.626 | 22.35 | 22.13 | 1.86 | 1.53 | 22.73 | |
|
AOL, Inc.
|
|
n/a | 1,962.905 | 142.16 | 33.35 | 0.89 | 0.93 | 2.02 | |
|
The New York Times Company
|
|
n/a | 1,064.503 | 63.41 | 10.84 | 0.29 | 0.52 | n/a | |
|
InfoSpace, Inc.
|
|
n/a | 465.045 | 33.92 | 19.48 | 1.67 | 1.78 | 1.64 | |
|
CDC Corporation
|
|
n/a | 117.798 | n/a | n/a | 0.37 | n/a | n/a | |
|
IncrediMail Ltd. (USA)
|
|
n/a | 52.062 | 5.48 | n/a | 1.63 | n/a | n/a | |
|
GlobalSCAPE, Inc.
|
|
n/a | 30.768 | 22.80 | 14.92 | 1.21 | 1.31 | 2.31 | |
|
ChinaNet Online Holdings Inc
|
|
n/a | 18.832 | 1.48 | n/a | 0.47 | n/a | 0.50 | |
|
Reply SPA
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Telegate AG
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Seat Pagine Gialle SpA
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Know It AB
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Cap Gemini SA
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Archos
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
| Target | |||||||||
|
FactSet Research Systems Inc.
|
|
n/a | 4,192.565 | 24.42 | 22.62 | 5.59 | 5.26 | 15.61 | |
|
John Wiley & Sons Inc
|
|
n/a | 2,766.456 | 15.79 | n/a | 1.56 | n/a | n/a | |
|
Banca Generali SpA
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
- Defined by the Company
- Defined by Others
Key Partners
| Name | Dir | Rel. Revenue % | Market Cap. | P/E Ratio (TTM) | Fwd P/E | P/R Ratio (TTM) | Fwd P/Rev | Price To Tang. Book Value | |
|---|---|---|---|---|---|---|---|---|---|
| Buyer | |||||||||
|
Apple Inc.
|
|
n/a | 457,445.192 | 13.84 | 11.57 | 3.58 | 2.92 | 5.34 | |
|
Intel Corp
|
|
n/a | 140,175.445 | 11.16 | 11.01 | 2.60 | 2.49 | 4.61 | |
|
Vodafone Group PLC
|
|
n/a | 139,340.508 | 10.37 | 10.21 | 1.65 | 1.94 | n/a | |
|
Verizon Communications Inc
|
|
n/a | 106,684.598 | 44.44 | 15.17 | 0.96 | 0.93 | n/a | |
|
Visa Inc.
|
|
n/a | 93,049.295 | 22.47 | 18.93 | 9.80 | 9.04 | 22.27 | |
|
MasterCard Incorporated
|
|
n/a | 50,334.024 | 26.73 | 18.11 | 7.50 | 6.71 | 12.02 | |
|
Accenture Plc
|
|
n/a | 40,320.412 | 15.39 | 15.11 | 1.42 | 1.48 | 10.71 | |
|
VMware, Inc.
|
|
n/a | 39,898.488 | 55.05 | 50.95 | 10.59 | 8.85 | 16.29 | |
|
Time Warner Inc.
|
|
n/a | 39,200.033 | 14.28 | 11.86 | 1.35 | 1.34 | n/a | |
|
Dell Inc.
|
|
n/a | 32,383.313 | 9.16 | 8.90 | 0.52 | 0.52 | 42.44 | |
|
FedEx Corporation
|
|
n/a | 30,219.987 | 17.34 | 14.84 | 0.73 | 0.70 | 2.24 | |
|
Yahoo! Inc.
|
|
n/a | 20,378.558 | 20.01 | 19.51 | 4.09 | 4.56 | 2.43 | |
|
CBS Corporation
|
|
n/a | 20,029.538 | 16.82 | 13.06 | 1.39 | 1.32 | n/a | |
|
Sony Corporation (ADR)
|
|
n/a | 19,620.580 | n/a | -9.67 | 0.00 | 0.24 | 0.01 | |
|
salesforce.com, inc.
|
|
n/a | 17,198.116 | 5,661.86 | 299.07 | 8.22 | 5.79 | 30.34 | |
|
DISH Network Corp.
|
|
n/a | 12,714.104 | 8.73 | 10.56 | 0.93 | 0.87 | n/a | |
| Target | |||||||||
|
HSBC Holdings PLC
|
|
n/a | 156,785.258 | 8.13 | 10.08 | 2.22 | 2.27 | 1.22 | |
|
Bank of America Corp
|
|
n/a | 81,920.345 | n/a | 11.52 | 2.32 | 0.90 | 0.57 | |
|
BlackRock, Inc.
|
|
n/a | 25,659.424 | 11.13 | 14.51 | 2.75 | 2.75 | n/a | |
|
FactSet Research Systems Inc.
|
|
n/a | 4,192.565 | 24.42 | 22.62 | 5.59 | 5.26 | 15.61 | |
|
John Wiley & Sons Inc
|
|
n/a | 2,766.456 | 15.79 | n/a | 1.56 | n/a | n/a | |
|
RBK Informatzionnye sistemy OAO
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Banca Generali SpA
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
Scottrade, Inc.
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
|
First Trust Bank
|
|
n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
- Defined by the Company
- Defined by Others
Financials
| Buyer | Target | Combined Entity | |
|---|---|---|---|
| Income Statement | |||
| Operating Items | |||
| Revenue | 55,507.0 | 775.7 | 56,282.7 |
|
Other Revenue
|
n/a | n/a | n/a |
| Total Revenue | 55,507.0 | 775.7 | 56,282.7 |
|
Cost of Revenue
|
19,295.0 | 216.9 | 19,511.9 |
|
SG&A Expense
|
10,674.0 | 272.1 | 10,946.1 |
|
Depreciation & Amortization
|
n/a | 53.5 | 53.5 |
|
Research & Development
|
7,618.0 | 64.9 | 7,682.9 |
|
Interest Expense
|
n/a | n/a | n/a |
|
Other Operating Expense
|
n/a | n/a | n/a |
|
Unusual Expense (Income)
|
1,000.0 | n/a | 1,000.0 |
| Total Expenses | 38,587.0 | 607.4 | 39,194.4 |
|
Operating Income
|
16,920.0 | 168.4 | 17,088.4 |
| Non Operating Items | |||
|
Interest Expense (Inc.), Net Non-Oprtng
|
884.0 | 2.4 | 886.4 |
|
Other, Net
|
n/a | -1.0 | -1.0 |
| Income Before Taxes | 17,804.0 | 170.0 | 17,974.0 |
| Income Taxes | 3,763.0 | 51.8 | 3,814.8 |
| Income After Taxes | 14,041.0 | 118.2 | 14,159.2 |
| Minority Interest (IS) | n/a | 0.1 | 0.1 |
| Equity in Affiliates | n/a | 2.0 | 2.0 |
|
Net Income - Excl. Xord. Items
|
14,041.0 | 120.3 | 14,161.3 |
|
Net Income - Incl. Xord. Items
|
14,041.0 | 120.3 | 14,161.3 |
|
Misc. Earnings Adjustment
|
n/a | -0.3 | -0.3 |
|
Income Avail. to Common
|
14,041.0 | 120.0 | 14,161.0 |
| Share Items | |||
|
Basic Avg. Shares Outstanding
|
324.2 | 50.3 | 374.5 |
|
Basic EPS - Excl. Xord. Items
|
43.59 | 2.41 | 37.82 |
|
Basic EPS - Incl. Xord. Items
|
43.59 | 2.41 | 37.82 |
| Full Dilution Adjustment | n/a | 0.0 | 0.0 |
| Fully Diluted Shares Outstanding | 329.0 | 51.1 | 380.1 |
|
F.D. EPS - Excl. Xord. Items
|
32.16 | 2.36 | 37.25 |
|
F.D. EPS - Incl. Xord. Items
|
32.16 | 2.36 | 37.25 |
| Dividends Per Common Share | n/a | 0.20 | 0.20 |
| Balance Sheet | |||
| Assets | |||
|
Cash and Equivalents
|
9,983.0 | 174.3 | 10,157.3 |
|
ST Investments
|
34,643.0 | 258.7 | 34,901.7 |
|
Accounts Receivable
|
6,172.0 | 120.5 | 6,292.5 |
|
Inventory
|
n/a | n/a | n/a |
|
Prepayments and Advances
|
1,745.0 | n/a | 1,745.0 |
|
Other Current Assets
|
215.0 | 19.9 | 234.9 |
|
Current Assets
|
52,758.0 | 573.4 | 53,331.4 |
|
PPE
|
13,815.0 | n/a | 13,815.0 |
|
Accum D&A
|
-4,611.0 | n/a | -4,611.0 |
|
PPE, Net
|
9,603.0 | 63.7 | 9,666.7 |
| Goodwill & Intangibles | 8,924.0 | 466.7 | 9,390.7 |
| Long Term Investments | 790.0 | 24.8 | 814.8 |
| Other Assets | n/a | n/a | n/a |
|
Other LT Assets
|
499.0 | 5.7 | 504.7 |
| Total Assets | 72,574.0 | 1,134.3 | 73,708.3 |
| Liabilities | |||
| Accounts Payable | 588.0 | n/a | 588.0 |
| Payable/Accrued | n/a | 42.2 | 42.2 |
| Accrued Expenses | 4,356.0 | 59.9 | 4,415.9 |
|
ST Debt
|
1,218.0 | n/a | 1,218.0 |
| Other (Current) Liabilities | 2,751.0 | 147.2 | 2,898.2 |
|
Current Liab.
|
8,913.0 | 249.3 | 9,162.3 |
|
LT Debt
|
2,986.0 | n/a | 2,986.0 |
|
Total LT Debt
|
2,986.0 | n/a | 2,986.0 |
| Minority Interest (BS) | n/a | 1.1 | 1.1 |
| Deferred Taxes | 287.0 | 17.5 | 304.5 |
|
Other LT Liab.
|
2,243.0 | 31.4 | 2,274.4 |
|
Total Liabilities
|
14,429.0 | 299.2 | 14,728.2 |
| Shareholders Equity | |||
| Common Stock | 20,264.0 | 0.0 | 20,264.0 |
| Additional Paid in Capital | n/a | 483.8 | 483.8 |
| Retained Earnings | 37,605.0 | 386.1 | 37,991.1 |
| Unrealized Gain (Loss) | 99.0 | -1.0 | 98.0 |
| Treasure Stock | n/a | -38.3 | -38.3 |
| Other Equity | 276.0 | 4.4 | 280.4 |
|
Total Equity
|
58,145.0 | 835.1 | 58,980.1 |
|
Total Liab. & Equity
|
72,574.0 | 1,134.3 | 73,708.3 |
|
Shares Outstanding
|
323.9 | 50.1 | 374.0 |
| Cash Flow | |||
| Operating Cash Flow | |||
| CF Net Income | 9,737.0 | 97.8 | 9,834.8 |
| CF Depreciation | 1,396.0 | 43.3 | 1,439.3 |
| CF Amortization | 455.0 | n/a | 455.0 |
| CF Deferred Taxes | 343.0 | -7.0 | 336.0 |
| Other Non-Cash Items | 2,004.0 | 5.8 | 2,009.8 |
| Change in Working Capital | 630.0 | 9.8 | 639.8 |
| Total Cash From Operating Activities | 14,565.0 | 149.6 | 14,714.6 |
| Investing Cash Flow (not calculated) | |||
| Capital Expenditures | -3,438.0 | -21.8 | -3,459.8 |
| Other Investing Cash Flows | -15,603.0 | -109.6 | -15,712.6 |
| Total Cash From Investing Activities | -19,041.0 | -131.3 | -19,172.3 |
| Financing Cash Flow (not calculated) | |||
| Dividends Paid | n/a | -7.5 | -7.5 |
| Purchase Or Sale of Stock | -5.0 | -21.7 | -26.7 |
| Purchase and Retirement of Debt | 726.0 | n/a | 726.0 |
| Other Financing Cash Flow | 86.0 | 9.8 | 95.8 |
| Total Cash From Financing Activities | 807.0 | -19.4 | 787.6 |
| Exchange Rate Effects | 22.0 | -0.5 | 21.5 |
| Net Change in Cash | -3,647.0 | -1.6 | -3,648.6 |
| Cash Taxes Paid | -864.0 | -22.3 | -886.3 |