Posted on 09/22/2010 6:34:19 AM PDT by SeekAndFind
Tech companies are profitable and flooded with cash. They are trying to figure out how to use their cash for growth, share appreciation, or both.
Share appreciation Thanks to Ben Bernankes deflation fears, financing is so cheap that one of worlds richest companies, Microsoft, plans to issue up to $6 billion of debt to buy back some of its shares (as well as to pay dividends).
Growth IBM just bought Netezza on the heels of Dell buying 3PAR. Earlier this year Intel bought McAfee. SAP bought Sybase.
So far, the biggest acquisitions have been in the single-digit billions of dollars. Intel valued McAfee at $7.7 billion. SAP acquired Sybase for $5.8 billion. IBM will pay $1.7 billion for Netezza.
This begs the question will the mergers get bigger? Any HP-Compaq-sized deals out there? Its certainly seems possible when the conditions are so ripe. So lets speculate. Here are seven big tech acquisitions that could happen:
(Excerpt) Read more at blogs.forbes.com ...
My bets:
1. Cisco Buys Polycom - Very Likely
2. HP Buys SAS - Unlikely
3. Microsoft Buys Symantec - Very Likely
4. Oracle Buys NetApp - Likely
5. Oracle Buys Dell - Unlikely
6. HTC buys Nokia - Unlikely
7. Google Buys Qualcomm - Unlikely
Dell did not buy 3PAR, HP did. So much for accuracy.
I thought they were talking about Texas Tech, Virginia Tech and Cal Poly Tech...
nevermind
The SAS employees had better hope so.
RE: The SAS employees had better hope so.
SAS is consistently ranked as one of the best companies to work for in America...
What will happen if they get taken over by HP?
Lose their 'best company to work for' ranking for one thing. HP's view towards its employees is the polar opposite of SAS.
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