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William Blair Downgrades Infoblox (BLOX) to Market Perform

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Piper Jaffray Downgrades Infoblox (BLOX) to Neutral

September 19, 2016 11:06 AM EDT

Piper Jaffray downgraded Infoblox (NYSE: BLOX) from Overweight to Neutral.

For an analyst ratings summary and ratings history on Infoblox click here. For more ratings news on Infoblox click here.

Shares of Infoblox closed at $22.83 yesterday.

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Vista Equity Partners to Acquire Infoblox (BLOX) in ~$1.6B Deal

September 19, 2016 7:51 AM EDT

Infoblox Inc. (NYSE: BLOX) announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners (Vista), a leading private equity firm focused on software, data and technology-enabled businesses. Under the terms of the agreement, Infoblox stockholders will receive $26.50 per share of common stock in cash, which represents a 33% premium to Infobloxs average closing share price over the last 60 trading days, and a 73% premium to Infobloxs unaffected closing price as of May 11, 2016, when media reports of interest in acquiring Infoblox were first published. The transaction values Infoblox at approximately $1.6 billion.... More