So how many acquisitions can we expect this year? At the last count it is 3, including NetLogic, Provigent Ltd. (ICs for microwave backhaul) and SC Square Ltd. (security software). Maybe it is time to strengthen its applications processor line?

including a burgeoning portfolio of risk management solutions.

Other companies were interested in Fundtech during the negotiations with S1, including software giants such as Oracle Corporation (Nasdaq: ORCL). "We wanted a deal that would keep us in business. It's true that other parties approached us, but we weren’t their core business. We don’t see this as an exit, but as the start of building a great company," said Ben-Menachem.

Barnes & Noble (BKS) is taking share from Amazon's (AMZN) Kindle with its Nook device. Cramer would give the BKS call a listen; the Nook might crush the Kindle.

Moody’s assigned A2 ratings to the debt and said it expected the balance of the acquisition to be paid for with $800 million in commercial paper and $3.3 billion of cash on hand.

From a debt-to-capital perspective, Caterpillar “finished the first quarter with the strongest balance sheet we’ve had in more than 20 years,” Chief Financial Officer Ed Rapp said on the call.