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Serena Software to Be Acquired for $1.2B (AP via Yahoo! News) - Serena Software Inc. said Friday it agreed to sell itself for $1.2 billion to investment firm Silver Lake Partners in a deal that would result in the software maker becoming a private company.

Sony halts anti-piracy software / Hackers can exploit secret copy-protect program in CDs (San Francisco Chronicle) - Sony BMG said it has temporarily stopped manufacturing music CDs containing a controversial copy-protection program after several Internet viruses took advantage of the software to attack computers. "We are aware that a computer virus is circulating...

Silver Lake snatches Serena Software (Inside Bay Area) - Silver Lake Partners, which runs the world's largest technology buyout fund, agreed to acquire San Mateo-based Serena Software Inc. for $1.

New software converts iTunes to MP3 files (The Charlotte Observer) - Apple has made it clear its iTunes service is only for iPods. New software from United Virtualities Group comes to the rescue. HotRecorder for Media converts your iTunes songs into standard MP3 files that can play on any MP3 device. It also makes MP3s out of songs bought through Yahoo Inc.'s music service, in case you want to play them on an iPod, Jukebox or another device that doesn't support

Sony BMG software used to hide PC hacking (Stuff) - AMSTERDAM: A computer security firm said yesterday it had discovered the first virus that uses music publisher Sony BMG's controversial CD copy-protection software to hide on PCs and wreak havoc.

Sale takes pressure off software firm (San Jose Mercury News) - Menlo Park private equity firm Silver Lake Partners said it has agreed to acquire San Mateo software company Serena for $1.2 billion, the latest in a string of ambitious software acquisitions by the firm.

Serena Software agrees to be acquired for $1.2 billion by equity firm Silver Lake (USA Today) - Serena, which provides management software to companies such as General Electric, American Express and IBM, said its shareholders would get $24 in cash for each share they own. The offer represents a 1.5% premium over Serena's Thursday closing price of $23.65. (

Cisco eyes the software prize (ZDNet) - Networking giant looks to find the old magic by boosting the software smarts of its gear.

Serena Software agrees to $1.2B buyout by Silver Lake (CBS Market Watch) - LOS ANGELES (MarketWatch) - Serena Software Inc. on Friday said it agreed to be acquired by private equity firm Silver Lake Partners for around $1.2 billion in cash, resulting in the change-management software firm becoming a private company.

Serena Software to be acquired by Silver Lake Partners (New Ratings) - NEW YORK, November 12 (newratings.com) – Serena Software ( SRNA.NAS ) Friday announced that it has agreed to be acquired by private equity firm Silver Lake Partners for $1.2 billion in cash.

 
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