Rangeley Capital's Portfolio Managers, Chris DeMuth and Andrew Walker, discuss the recent wave of M&A in the cloud computing space, including Salesforce's (CRM) purchase of Demandware (DWRE), buyouts for Qlik and Marketo (MKTO), and activism at Infoblox (BLOX). Then, they discuss potential opportunity in the Great Plains (GXP) / Westar (WR) merger.