IndigoVision Takeover Battle

Author: John Honovich, Published on Jan 10, 2012

Less than a month ago, IndigoVision's CEO 'resigned'. Since then, the situation has devolved into a very public takeover battle with the CEO saying he was forced out and now leading a new effort to take back his former company. In this note, we examine what is going on and what this means for IndigoVision's competitiveness.

[UPDATE: Jan 30, 2012: Takeover Talks Terminated.]

***'* ***** **** * ********* ******** ** ** ** *** new *** ** ************ ******** *** ****** *** *** ******* for *** ******:

"***** **** ****** ** ********, **** [*** ****** ***] / [******** ****** ******** (***)], ** **** *** ******* ******* ******* **** ** *** close ** * ***** **** ******* ******* ************* ** *** Board *** **** ************* ********.  **** *** *********** *** * General ******* ** ******* *** ********* *** ********* ** ** December.  * ******* ****** *** ****** ** ** ******** ******* that ********* *********** ** *** ********* **** ** **** **** was ************* ******  **** *** ************* ****** ** *** ******** year *** ********** ***** ** *** **** ****** ** *** earlier ****.

*** ******** ********* ** **** ***** ******** ******** ***** **** given *** **** **** ******* ** ******* **********. **** ***** that ****** **** *** *** **** ** **** *** ** declare ***** *******. ** **** *** **** ***** ** ** offer. *** **** ** **** **** ***** **** ** ** offer. ** ** * ******* ** **** ******* ******* ********, and ** ***** *** ** *** ** ** **** **."

***** ****** **** **** ********* ******* ** ******* ********** **** IndigoVision (*.*.,******** ****** *******'* ***************** ********* ********). *** ******* **** ***** ** ******* ** *** ********* to ********* ********** ** * ** ********** **** (******* *****) **** ******** *******/************.

********?

** **** ** **** *** ****** * ******** **** **. However, ******** ******* ******** **** *** ****** *** *** **** and ** ****** ***** ******* ** * **** / ******** to ****** ************. ** ******** ** *** ****** ******** **** *****: "*** ********* ** ***** *** ******** ** ****** *** board *** *** ******* ** *** ****. * **** ******* to ******* **** **** *** ******** *** ******** ** ***** some *** ********* **** * ***** *********** ** *** ** take *** ******* ** *** **** ***** ** *** ***********."

Impact ** ************

******** *******, ********** ** **** * ******, ******** **** *** risky *** *********** ***** ******** ** *** ******* ********. *********, these ****** *** *** *** ******** ************ ** **** *** highly ***********. ****, *** *** ** ************* ** ******** *** end ***** *** ** *** **** **** ** ***** ** happen. ******, ** *** *** ** ************ ********, ******** ** partner, **** ** ********* **** **** ** ******* ********* *** weighed ************* ** ***'* ******** ******, ********** ***** *** **** strong *** ******** ******* *********** ***** *** ** ************'* *****.

**********, ** ***** ******* *** ******* *** * *** ** work ** ** (** ***** ** *** ******** ** *** *** ***********). ***** ************ *** * ****** ********** ********** *** *** made ******* ******** ** **** **, ******* *********** **** ********* more ************ **** ************ **** *** **** *** *****, ********** IndigoVision's ********** ** ******** * ***** *********** ********.

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