Palmarés Advisors is a merger and acquisitions advisor with specialized expertise in helping technology companies unlock their inherent value.
The principals at Palmarés Advisors are former technology company executives with long track records in building, acquiring, and selling technology companies.
Clyde Foster is the founder and a Managing Director at Palmares Advisors. Clyde also serves as Chairman of SilverbackMDM, a leading client-less mobile device management and security firm. He is a seasoned executive in the mobile and software industries with over 25 years of leadership experience. Clyde was previously the COO of Intellisync, a NASDAQ listed company, and oversaw the operations and sales of Intellisync’s products to leading enterprises, OEMs, and wireless operators. Clyde led the sale of Intellisync to Nokia for $470M and went on to serve as the Vice President of Messaging at Nokia. Prior to Intellisync, Clyde was the president, CEO, and founder of eConvergent Inc, a leading developer of next generation customer data integration software. His enterprise background includes leadership at Aspect Communication and 14 years at IBM where he held a variety of sales and marketing management positions. Clyde has a Bachelor of Science in Math from North Carolina State University.
Tom Matthews is a Managing Director and a mobility software expert with over 25 years of senior leadership experience. He’s successfully driven over twenty M&A deals in the wireless and mobility software sector in addition to completing numerous capital raising activities for both equity and debt. He has run two startups with successful exits and held several C-level positions including: CEO of Ecutel Systems, a Mobile VPN and wireless security software specialist: CEO of Inciscent, an early innovator in the wireless email and messaging sector with the first wireless email application to allow users to view file attachments on mobile devices; Chief Strategy Officer of Smith Micro, a NASDAQ listed software leader were he drove eight M&A deals helping the business grow from$51M to $130M in four years; President of Metrocall.net, the advanced messaging division of NASDAQ listed $900M messaging leader, in addition to being general manager of Ameritech Mobile, the Midwest RBOC’s wireless division who launched the first commercial cellular operation in the US. Tom earned his Bachelors degree in Electronic Communications from Western Illinois University and is patent holder for wireless network management.
Korak Mitra is a Managing Director with over 25 years of executive experience in the mobile and software industries, including Vice President roles at Nokia, Intellisync, YellowPages.com, AirFlash, Netscape, and Hewlett Packard. At Intellisync, Korak started and managed the wireless operator sales teams, rapidly growing wireless operator revenues, and leading to Nokia purchasing Intellisync for $470M. While at Nokia, Korak managed the EMEA sales teams which continued to drive Nokia’s messaging software into a large number of EMEA operators. Prior to Intellisync, Korak served as the Vice President of Business Development at YellowPages.com, a leading independent online yellow page provider, which was purchased by AT&T. Prior to YellowPages.com, Korak served as the COO at Airflash, a leading early location based services provider. While at AirFlash, Korak won and deployed location services at several European operators, and then led the sale of AirFlash to a competitor. Prior to AirFlash, while at Netscape, Korak managed and built a wireless operator focused messaging server business generating $100M annually, which was then delivered to Sun Microsystems as part of the acquisition of Netscape by AOL. Prior to Netscape, Korak’s enterprise experience includes a variety of roles in product management and general management at Hewlett Packard in the enterprise server business. Korak has a Bachelor of Science in Engineering from the California Institute of Technology and an MBA from Northwestern University.