Ramius increases stake in Keynote Systems to 5.6%

By Lisa Kerner

Charlotte, N.C., Nov. 7 - Keynote Systems, Inc. investors led by Ramius Value and Opportunity Master Fund Ltd. bought 457,235 shares of the company's stock between Sept. 10 and Nov. 6.

The shares were priced from $8.5785 to $13.7806 each, according to a schedule 13D filed with the Securities and Exchange Commission.

Ramius and its affiliates beneficially own 785,206 shares, or 5.6%, of the San Mateo, Calif.-based company's outstanding stock.

Keynote develops technology solutions to measure, test, assure and enhance the quality of service of the internet and mobile communications.

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