Tara Lachapelle | WRAL TechWire
Tara Lachapelle

Tara Lachapelle


Posts by Tara Lachapelle


GSK could target new diet pill maker as next takeover target

The first medication in more than a decade to help 78 million obese Americans slim down is turning into takeover bait. Arena Pharmaceuticals Inc. won Food and Drug Administration approval last month for Belviq, a treatment affecting an area of the brain that helps a person feel full after consuming less food. With the first weight-loss drug to be cleared for sale in the U.S. in 13 years, Arena is projected by analysts to increase revenue 18-fold in the next four years, the fastest growth in the world among specialty pharmaceutical companies greater than $1 billion, according to data...

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NetApp’s plunging value makes it a takeover target

NetApp Inc. (Nasdaq: NTAP), viewed as a takeover target for almost a decade, is becoming increasingly attractive for potential acquirers as the data-storage company nears its cheapest valuation on record. [NetApp operates one of its largest campuses in Research Triangle Park, N.C. [If so, a takeover battle could involve several tech firms with a major presence across the RTP area – including Cisco, which operates its second largest campus adjacent to NetApp’s RTP facilities, IBM, and EMC.] With a market capitalization as high as $21.9 billion last year, NetApp has lost 51 percent of its value as sales disappointed...

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