AsiaInfo-Linkage Shares Jumped: What You Need to Know

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of AsiaInfo-Linkage (NAS: ASIA) have jumped today, up by as much as 11%, on speculation that the company may be acquired.

So what: According to a Reuters report, several global private equity firms, including well-known names like KKR & Co. and TPG Capital, are considering potential bids for AsiaInfo-Linkage. A possible deal could value the company north of $1 billion.

Now what: This comes after a January offer from CITIC Capital, which had sent a proposal letter to the company for an all-cash offer, although the specific price wasn't disclosed. The report even names strategic rivals that may be thinking of swooping in to pick up the software maker, including Oracle and IBM, among others. If a bid emerges, CITIC is expected to play some role in the deal.

Interested in more info on AsiaInfo-Linkage? Add it to your watchlist byclicking here.

At the time this article was published Fool contributorEvan Niuholds no position in any company mentioned.Click hereto see his holdings and a short bio. The Motley Fool owns shares of Oracle and International Business Machines. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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