This article from Light Reading reads like a comprehensive summary of all the recent events at Indian vendor Subex. Not much is new, but one snippet of information did catch my eye. Subash Menon, Subex boss and founder, is quoted as saying:
“In the long term, yes, we might look at acquisitions, but not in the next couple of years.”
Swallowing Syndesis gave Subex chronic indigestion and caused the investors quite a bit of heartburn. It comes as no surprise that Subex’s appetite for M&A is diminished. What is interesting is that Menon is sending a signal to everyone else. Subex got to where it is through a string of takeovers, but they are off the menu now. That leaves the market open for another firm to take the lead with consolidation. Which business will next stir up the mix?
