Wednesday, September 18, 2019

Sources: Cisco approached Datadog recently with a takeover offer significantly higher than the $7B valuation it is aiming for in an IPO expected this week (Bloomberg)

Bloomberg:
Sources: Cisco approached Datadog recently with a takeover offer significantly higher than the $7B valuation it is aiming for in an IPO expected this week  —  - Software company rejected offer to instead pursue IPO  — Datadog expected to raise up to $624 million Wednesday



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...