Peregrine Welcomes Loran to Its Nest In Network Management Matrimony D. Geller - August 29, 2000
Event Summary
Peregrine Systems, Inc. agreed to acquire Loran Technologies in a stock swap valued at $94 million. Loran is a Canadian company that specializes in network management. Peregrine, a company with strengths in IT asset management (see Peregrine Swoops Down On Network Monitoring Company) and e-procurement (see First Look: Peregrine Offers Cradle to Grave Procurement) had previously made an equity investment in Loran...
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