Comments on: In A Slow Merger Market, Companies Like ShotSpotter Make Discriminating Buyers http://techpulse360.com/2009/04/29/in-a-slow-merger-market-companies-like-shotspotter-make-discriminating-buyers/ Business and Innovation In Silicon Valley Thu, 24 Mar 2011 01:58:05 +0000 hourly 1 http://wordpress.com/ By: Beirut http://techpulse360.com/2009/04/29/in-a-slow-merger-market-companies-like-shotspotter-make-discriminating-buyers/#comment-3287 Wed, 17 Jun 2009 11:15:21 +0000 http://techpulse360.com/?p=8206#comment-3287 Let me start by thanking you for taking my train of thoughts into a completely different direction concerning the topic of startups through your opening sentence: “It is no secret that many venture-backed startups would give their first-born children to be acquired.”

I was researching the internet for ideas and links for my next post when I came across this article which provided me with a solid basis by which I built my argument upon!

My post’s title is: “Startups Craving to be Acquired… A Big Mistake?” As I see it, you are right, almost all startups build their vision of success around being acquired… In my post, I argue against this, wile providing solid reasons for this opposition.

Thanks for the insights.

Regards

]]> By: James G. Beldock http://techpulse360.com/2009/04/29/in-a-slow-merger-market-companies-like-shotspotter-make-discriminating-buyers/#comment-2888 Thu, 30 Apr 2009 02:28:04 +0000 http://techpulse360.com/?p=8206#comment-2888 Confirming Mark’s comment to this otherwise excellent story. We acquired the SECURES product line, but not PSI itself, which remains an operating unit of Qinetiq.

]]> By: Matt Warnock http://techpulse360.com/2009/04/29/in-a-slow-merger-market-companies-like-shotspotter-make-discriminating-buyers/#comment-2885 Wed, 29 Apr 2009 18:51:12 +0000 http://techpulse360.com/?p=8206#comment-2885 Beginning late yesterday and into today, it has been reported by several business journals and other online sources that ShotSpotter, Inc. had acquired a unit of QinetiQ North America. Those reports are factually inaccurate.

The facts are:

Shot Spotter did not “acquire part of QinetiQ” or a “unit of QinetiQ.” It acquired our SECURES product technology which was a parallel product to their ShotSpotter technology.

Shot Spotter did not buy Planning Systems Inc. Planning Systems Inc. invented the SECURES technology that was sold to ShotSpotter. Planning Systems Inc. is still a part of the Technology Solutions Group of QinetiQ North America, which has more than 6,400 employees in the US.

The agreement with ShotSpotter does not include our Ears/SWATS counter sniper detection system.

We are QinetiQ North America Operations LLC and our United Kingdom-based parent company is named QinetiQ Group plc. What was reported was a hybrid of the two companies (QinetiQ Group plc North America).

QinetiQ North America is not listed on the New York Stock Exchange as QNA. Rather, QinetiQ Group plc is listed on the London Stock Exchange as QQ.

For more information please contact:

Matt Warnock
Director, Public Relations
QinetiQ North America Operations LLC
O: 703-752-6528
M: 703-853-5511
Matthew.Warnock@QinetiQ-NA.com

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