A consortium led by Siris Capital Group has agreed to take Tekelec (NASDAQ: TKLC) private for $780 million. The investing group also includes The ComVest Group, GSO Capital Partners, Sankaty Advisors and ZelnickMedia, among others. Tekelec shareholders will receive $11 per share of common stock, which represents a premium of 11%. Tekelec provides mobile broadband solutions. The company's shares actually closed above the buyout offer price as people speculated the deal might attract other bidders.