The Members Forum

Nice list... to bad I don't have the moola for one of these babies!

In this economy, cash is king. Since in the end of 2008, big tech companies have been stuffing cash under their mattresses in case the current recession goes longer and deeper than expected. Even companies with strong balance sheets have been cutting costs, laying off workers, and scaling back projects in order to build up their war chests.

As a result, you have companies racking up huge cash reserves, including Cisco ($26.7 billion), Apple ($24.5 billion), Microsoft ($19.7 billion), and Google ($14.4 billion).

Meanwhile, with the stock market shedding half of its value between July 2007 and January 2009, the market price of a lot of public technology companies has essentially been put on a “50% off sale.”

This creates an atmosphere that is ripe for consolidation. As soon as the companies with the cash have confidence that the economy is at an inflection point, they will start spending money to position themselves for the turnaround.

7 Big Tech Aquisitions

-- Edited by barney on Wednesday 15th of April 2009 07:54:58 PM