SOURCE: The Bedford Report

The Bedford Report

April 19, 2011 08:16 ET

Application Software Mergers and Joint Ventures on the Upswing This Earnings Season

The Bedford Report Provides Analyst Research on & F5 Networks

NEW YORK, NY--(Marketwire - Apr 19, 2011) - This earnings season mergers, acquisitions and joint ventures have been a dominant theme in the application software industry. As companies get larger and experience diminishing returns in their core business, they are showing willingness to utilize their large resource pools to acquire smaller companies in a race to diversify themselves. Given the limited opportunities for meaningful acquisitions, the companies in stronger financial positions, and possessing the willingness to act, stand to gain the most from such activities. The Bedford Report examines the outlook for companies in the Application Software Industry and provides research reports on, Inc. (NYSE: CRM) and F5 Networks, Inc. (NASDAQ: FFIV). Access to the full company reports can be found at:

Strong demand in the data center and cloud computing market is motivating several companies to actively pursue partnerships to reach more customers. is a provider of enterprise cloud computing applications. It provides a customer and collaboration relationship management (CRM) service to businesses of all sizes and industries worldwide and provides a technology platform for customers and developers to build and run business applications. Earlier this month announced a strategic partnership with Intuit -- the maker of the popular "QuickBooks" -- where Intuit will resell's CRM through its App Center. Customers will be able to synchronize customer data with QuickBooks online.

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In March acquired a leading social media monitoring platform, Radian6, for approximately $276.0 million in cash and $50.0 million in stock. Radian6 is used by more than half of the FORTUNE 100 to monitor, analyze and engage in social media conversations.

F5 Networks is a provider of cloud offerings that help manage internet traffic to servers and network devices. F5 is set to post fiscal second quarter earnings on Wednesday. Expectations are low after the company said that it sees Q2 revenues of $275-280 million -- below analysts' expectations for $281.13 million.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

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