Monday 13 February 2006

Ovum to IPO, Forrester loses sales VP

Dave reports here that Ovum is about to float:
Analyst Insight: Ovum announces float

This was in the air for a long time but it's official now. We heard they stopped recruiting analysts/expanding because of this upcoming float, which is somewhat strange.
Anyway, the Ovumites are about to make some paper money as they all will get some shares -which is probably good as Ovum as a reputation for not paying them very well....

The other news today is that Forrester is loosing Tim Royston-Webb, its EMEA Sales VP (ex. Giga before), to Datamonitor. Both have a reputation of being pretty harmless at selling to vendors (check C'mon guys, sell to us!), so we think this change of ship is going to make no difference whatsoever.

The press release can be found in Tekrati:
Datamonitor Appoints Tim Royston-Webb as Managing Director, Technology Global

C'mon guys, can't you write-up a little the stories instead of just reprinting what you've read elsewhere?

3 comments:

Anonymous said...

Small firm to IPO - on the cards a very long time....

Surely might have been better to merge with AMR or Yankee for mass?

ARonaut said...

You may be right -but Ovum management is a bit stale....

The real question though is whether we will witness a mass analyst exodus after they cash in their stock options?

Anonymous said...

rumour has it Julian Hewitt - Chief Analyst is already off....