When Hewlett-Packard Co. announced the $2.7 billion purchase of 3Com Corp., it let the world know that H-P intends to compete fully with Cisco Systems Inc. in the corporate data center.
With its strength in Ethernet, 3Com gives HP a major piece of the pie, but it still needs a few more slices if it wants to be a one-stop-shop for data centers.
Corporate investors and acquirers are showing more interest in potential deals after a difficult economic downturn, but start-ups can improve their chances of a favorable exit by taking some steps of their own.
A group of top executives from technology companies speaking at the Dow Jones VentureWire Technology Showcase on Wednesday gave their suggestions on do’s and don’ts when seeking an investment or acquisition from these companies.
by Jonathan Matsey, Reporter, The Wall Street Journal
Most angel investors dream of home-run exits, funneling seed capital into young start-ups with hopes they’ll turn into Google, YouTube or even Mint.com. But the Band of Angels, an angel group flush with its third fund, believes there’s mighty value in later-stage companies and smaller acquisition prices.
by Tiernan Ray, Blogger, Tech Trader Daily, Barron's
Chinese Web portal and mobile phone content provider Sina’s deal to acquire the billboard operations in China of Focus Media Holding has collapsed today, almost ten months after it was first announced.
by Tiernan Ray, Blogger, Tech Trader Daily, Barron's
Xerox shares are coming under heavy pressure this morning after the company announced it would acquire computer services firm Affiliated Computer Services for $63.11 per share in a combination of cash and stock. Xerox said in a press release the deal will make the combined company a $22 billion “global enterprise for document technology” and will advance Xerox in the “$150 billion market for business process outsourcing,” often known as “BPO.”
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
In the latest, weirdest twist to the crazy trading in Vonage, there apparently are rumors that the company could be acquired by AT&T. That just might be the dumbest rumor I’ve ever heard.
For starters, AT&T a few years ago started its own voice over IP service called CallVantage–but quietly shut down the service earlier this year.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Will Comcast use its rising cash pile to make a large acquisition in the content business?
Reuters raised that question in a lengthy news analysis yesterday which wondered if the company is plotting a giant deal along the lines of its failed $54 billion bid for Disney in 2004.
by Scott Morrison, Reporter, The Wall Street Journal
Google Inc.’s acquisition of video compression software maker On2 Technologies Inc. has been challenged in court by On2 shareholders who claim the deal’s $106.5 million price tag is “unfair.”
by Andrew LaVallee, Reporter, The Wall Street Journal
As investors and analysts digest this morning’s Oracle-Sun news, some are wondering what will happen to Sun-owned MySQL, and whether combining the Oracle and MySQL database businesses would represent an antitrust concern.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
In a stunning turn of events, Oracle this morning announced perhaps its most aggressive acquisition yet, agreeing to acquire Sun Microsystems for $9.50 a share in cash, or $7.4 billion. Net of balance sheet cash and debt, the deal is worth $5.6 billion. The news follows the reported recent collapse of talks between IBM and Sun.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Yesterday’s rumors about a potential acquisition by Oracle of Red Hat have apparently faded, but Larry Ellison’s appetite for doing deals is never sated. Whether or not Oracle decides to take a run at Red Hat, it is not going out on a limb to suggest that at some point Ellison is going to get the itch and make more acquisitions.
The first high-profile tech acquisition in months took place Thursday, but don’t take that as a harbinger of more deals.
Autonomy, a U.K. company that makes software that businesses use to track corporate information, acquired Interwoven, a San Jose, Calif., document-management company, for $775 million in cash. Autonomy will sell some stock and tap a new line of credit in order to finance the deal.
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