Elevation Partners

MENLO PARK, Calif.--(BUSINESS WIRE)-- Elevation Partners, a private equity firm focused on large-scale investments in market-leading consumer and technology businesses, announced today that Rajiv Dutta has joined the firm as a Managing Director. Mr. Dutta brings to Elevation more than 25 years of senior operational and investment experience in consumer and technology businesses. Most recently, Mr. Dutta served as Executive Vice President of eBay and President of eBay Marketplaces, where he created tremendous value for eBay investors. In his new role, Mr. Dutta will work with Elevation's five co-founders ...

HUNT VALLEY, Md.--(BUSINESS WIRE)-- TESSCO Technologies Incorporated (Nasdaq: TESS), a value-added provider of the product and supply chain solutions needed to design, build, run, maintain and use wireless systems, has been named to Forbes' elite list of America's Best Small Companies for the third consecutive year. While 71 companies from the 2008 list went unmentioned in this year's prestigious list, Forbes again recognized TESSCO for its consistent pattern of earnings and sales growth, as well as ...

Palm, Inc. (NASDAQ: PALM) today announced the closing of the previously announced public offering of common stock. In total, 23 million shares were sold ...

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Palm, Inc. (NASDAQ: PALM) today announced the closing of the previously announced public offering of common stock. In total, 23 million shares were sold in the offering for a public offering price of $16.25 per share, including shares subject to the over-allotment option and approximately 2.15 million common shares acquired by Elevation Partners. ...

Palm (Nasdaq: PALM)reported Q1 results that were above the Street estimates yesterday. At first, Palm sold off 7% likely in response to Palm announcing a 16 million share offering, but after investors had a chance to digest ...