Title:

Summary: Attachmate Corp.

Price:$175.00
Publication Date:May 02, 2008
Report Type:Summary
Abstract:The ratings on Seattle-based Attachmate Corp. reflect its narrow product portfolio in mature markets, short operating history at current profitability levels, and high leverage. These factors are offset partially by good market share in its niche market of host access and integration software solutions and good cash flow characteristics. Attachmate is a software services provider specializing in host access and integration solutions and security and performance management. Revenues totaled $367 million for the 12 months ended Dec. 31, 2007. Attachmate has a narrow product portfolio, with numerous well-capitalized competitors. Revenues continue to decline because of the mature nature of its markets and uncertainty regarding product support for NetIQ software. The host connectivity business has significant market share in its modestly
Brief Excerpt:RESEARCH Ratings Definitions Summary: Attachmate Corp. Publication date: ##-May-#### Primary Credit Analyst: Clay Ching, CFA, San Francisco (#) ###-###-####; clay_ching@standardandpoors.com Credit Rating: B/Stable/-- Rationale The...
Word Count:798
Ticker:ATTM
Issuer:Attachmate Corp.
GICS:IT Consulting & Other Services (45102010)
Sector:Global Issuers, Corporations, High Technology
Country:United States
Region:United States
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