Press Releases
ThinkEquity advises AppStream on acquisition by Symantec
SAN FRANCISCO — April 15, 2008 — ThinkEquity LLC, the research-centric institutional investment bank focused on the growth economy, today welcomed the announcement of the acquisition of venture capital-backed AppStream, Inc. by Symantec Corporation.
ThinkEquity Head of Investment Banking, Deborah Quazzo, said: "ThinkEquity is pleased to have advised AppStream and its Board through this transaction.
"As a growth-focused investment bank, ThinkEquity has built a reputation working on behalf of companies such as AppStream that seek investment banking advice to help take them to the next level. This transaction shows that even in tough markets, good deals that make strategic sense are still taking place," she said.
AppStream is a virtualization pioneer and leading provider of on-demand desktop application virtualization and streaming technology to the enterprise. Symantec is a global leader in providing security, storage and systems management solutions to help businesses and consumers secure and manage their information. The terms of the deal have not been disclosed.
Further information:
US:
Deborah Quazzo
Tel: +1 (312)201-3101
US:
Doug Gonsalves
Tel: +1 (415)249-6922
UK:
Nathaniel Webb
Tel: +44 (0)20 7614 8333
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com