Carlyle Acquires Syniverse: What You Need to Know

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Syniverse (NYSE: NVR  ) , which specializes in helping phone companies facilitate and bill roaming services for mobile users, soared 28% in intraday trading after investment firm The Carlyle Group agreed to acquire the company for $2.6 billion.

So what: This is Carlyle's second big bet this week. On Monday, CommScope (NYSE: CTV  ) confirmed executives are negotiating a deal in which Carlyle would take the company private at $31.50 a share. The stock soared more than 30% on the day.

Now what: Just as speculators have chased prospective buyouts in the wake of the bidding war for 3PAR, the coming weeks could easily bring big gains in undeserving telecom companies that loosely resemble Syniverse and CommScope.

Interested in more info on Syniverse? Add it to your watchlist by clicking here.

Fool contributor Tim Beyersis a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares of any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. You can also get his insights delivered directly to your RSS reader. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is also on Twitter as @TheMotleyFool. Its disclosure policy is at least 10% better than other disclosure policies.


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